Body

hospital-indemnity-insuranceHospital Indemnity insurance is considered a fixed indemnity coverage, which means that when you as an employee incur covered medical expenses resulting from hospitalization, surgery, chemotherapy and radiation services, your coverage will pay a fixed benefit (i.e. a set amount).  A cash benefit is provided in either a one lump sum or as daily/weekly payments, and will not start until after a minimum waiting period.