HDFC ERGO Hospital Cash Insurance Plan

The HDFC ERGO Hospital Cash Insurance Policy gives the policyholder a fixed lumpsum amount daily during hospitalization. If the insured is hospitalized, the insurer will reimburse the expenses incurred during the hospital stay. However, it is essential to note that the maximum liability covered under this plan is restricted to the duration and amount mentioned in the policy wording.

HDFC ERGO Hospital Cash Insurance
Categories	Benefits
Sum Insured	Rs. 500 to Rs. 2500 per day
Policy Tenure	1 year
Network Hospitals	12000+
Incurred Claim	97.47%
Pre-Existing Diseases Waiting Period	4 years
Specific Diseases Waiting Period	2 years
Initial Waiting Period	30 Days

Benefits of HDFC ERGO Hospital Cash Insurance

The following are the benefits of purchasing the HDFC ERGO Hospital Cash Insurance policy:

Covers additional expenses - The HDFC ERGO Hospital Cash Insurance policy assists the insured in covering for any extra expenses during the hospitalization.

Tax Benefits - The HDFC ERGO Hospital Cash Insurance Policy provides the insured with tax benefits against the premium paid October 13under Section 80D of the Income Tax Act.

HDFC ERGO Hospital Cash Insurance Plan Eligibility Criteria

HDFC ERGO Hospital Cash Insurance
Parameters	Eligibility Criteria
Minimum Age	Adult -NA Child – 91 days
Maximum Age	Adult 65 years Child - NA
Coverage Type	Individual
Renewability	Lifelong

Inclusions of HDFC ERGO Hospital Cash Insurance Policy

The following are the inclusions of the HDFC ERGO Hospital Cash Insurance Policy:

In-patient Hospitalisation - The HDFC ERGO Hospital Cash Insurance Policy will pay for each continuous and completed period of 24 hours of hospitalisation.

ICU Hospitalisation - If the insured has been admitted into an intensive care unit (ICU), then that person will receive twice the daily cash amount provided for in-patient hospitalisation. It is important to remember that the daily cash benefit will be provided only if the insured has been in the ICU for a maximum of seven days.

Exclusions of HDFC ERGO Hospital Cash Insurance Policy

The following are the exclusions specified within the HDFC ERGO Hospital Cash Insurance policy:

Expenses related to admissions done mainly for diagnostic and evaluation of the insured individual’s health.
Any diagnostic test expenses not related to the current diagnosis or treatment.
Domiciliary treatment provided to insured living at a care facility or home for assistance with daily living activities.
Any form of surgery that involves weight loss.
Needs to be improved treatment methods.
Gender change treatment or procedures.
We excluded medical providers or facilities.
Any treatments that help the insured with their fertility or pregnancy.

FAQs

Q1. Is the HDFC ERGO Hospital Cash Insurance Plan a good plan?

Ans: Yes. The HDFC ERGO Hospital Cash Insurance Plan is a good health insurance plan since it provides the insured with daily cash benefits in case of continuous hospitalisation for 24 hours.
Q2. How can the insured claim benefits under the HDFC ERGO Hospital Cash Insurance Plan?

Ans: The insured needs to be hospitalised for a duration of 24 to 48 hours so that they can qualify for the hospital cash claim. However, it is important to note that the maximum number of hospitalisation days within a policy year should be 30, 60 or 90 days.
Q3. What is the grace period of the HDFC ERGO Hospital Cash Insurance Plan?

Ans: The grace period for the HDFC ERGO Hospital Cash Insurance Plan is 30 days from the last date of expiry of the policy.
Q4. Is a Free Look period available in the HDFC ERGO Hospital Cash Insurance Plan?

Ans: Yes. The HDFC ERGO Hospital Cash Insurance Plan has a free look period of 15 days starting when the insured receives the policy.