Mediclaim is an indemnity health insurance product which is a reimbursement of expenses while Hospicash is a defined benefit product paying for each day of hospitalization irrespective of the actual bills.
| Particulars | Details |
| Cover Type | Individual |
| Type of Plan | GFB – Group Hospicash |
| Frequency of payment | Annual in advance |
| Policy Period | 1 Year |
| Age Group | 18 – 60 Years |
| Daily cash benefit | Rs.1500 per day or Rs.2000 per day |
| Premium | Rs.885 per year Or Rs.1180 per year respectively |
| Limit per policy year | 30 days |
| Deductible | 1 day per hospitalization |
| Waiting Period | 30 days |
| 1 Year waiting period (Specified illness) | Not Applicable |
| Pre-existing diseases waiting period | Not Applicable |
Category:
Hospicash
