ManipalCigna Hospital Cash Insurance Policy: Benefits, Premium & Coverage

ManipalCigna Hospital Cash Insurance Policy

ManipalCigna Hospital Cash policy provides financial assistance to meet day-to-day expenses incurred during hospitalization. It enables the insured to manage daily incidental hospitalization expenses that may not be covered under a regular health insurance policy.

ManipalCigna Hospital Cash Policy Overview

ManipalCigna ProHealth Cash policy provides a fixed hospital cash benefit to the insured for every 24 hours of continuous hospitalization arising out of a sickness or accident. It provides ICU benefit for each day of admission to the Intensive Care Unit (ICU). It also offers convalescence benefit, compassionate benefit and companion benefit.

Moreover, the plan comes with optional coverage for day care procedures and accidental death & disability. The insured can also buy critical illness add-on cover that will provide coverage for 11 critical diseases.

The ManipalCigna Hospital Cash policy comes with two plan types - Basic and Enhanced. The Basic plan offers sickness hospital cash benefit, accident hospital cash benefit and ICU cash benefit. On the other hand, the Enhanced plan offers one-time convalescence benefit, compassionate benefit and companion benefit along with the Basic plan coverage.

The policyholder can opt for Rs 500 to Rs 5000 per day as the hospital cash benefit amount under the ManipalCigna ProHealth Cash policy. He/she can opt for hospital cash days of 60 days, 90 days or 180 days. However, the policy also comes with a deductible of one day of hospitalization.

ManipalCigna Hospital Cash Policy Eligibility Criteria

Criteria	Specifications
Minimum Entry Age	18 years 91 days (children)
Maximum Entry Age	65 years 17 years (children)
Plans Offered	Basic and Enhanced
Coverage	Individual
Hospital Cash Amount	Rs 500 to Rs 5000 per day
Number of Hospital Cash Days	60/90/180 days
Policy Term	1 year/ 2 years/ 3 years
Pre-existing diseases waiting period	4 years
Deductible	1 day
Discounts	Family Discount, Long term discount
Renewability	Lifetime

Key Features of ManipalCigna Hospital Cash Policy

The ManipalCigna ProHealth Cash policy comes with the following features:

It comes with two plan types.
It provides worldwide coverage for accidental or sickness hospitalization.
It covers convalescence benefit, compassionate benefit and companion benefit.
It comes with the optional coverage for accidental death and disability
It comes with the option of day care treatment benefit.
It offers critical illness add-on cover for 11 diseases.
It offers access to an online wellness program.
It provides tax benefits under sec 80D, Income Tax Act.

Inclusions of ManipalCigna Hospital Cash Policy

The ManipalCigna Health Insurance Company Limited covers the following under the ProHealth Cash policy:

Sickness Hospital Cash Benefit - Offers a daily hospital cash benefit if hospitalized due to an illness
Accident Hospital Cash Benefit - Offers two times the daily cash benefit amount if hospitalized due to an accident
ICU Cash Benefit - Offers three times the hospital cash benefit amount for a maximum of 15 days if admitted to the ICU
Convalescence Benefit - Offers five times the hospital cash benefit amount if hospitalized for 10 or more consecutive days
Compassionate Benefit - Offers 10 times the daily hospital cash amount if the insured dies during accidental hospitalization
Companion Benefit - Offers 50% of the daily cash benefit amount for the person accompanying the insured

Optional Covers:

Accidental Death and Permanent Total Disability Cover -Offers coverage ranging from Rs 50,000 to Rs 25,00,000
Day Care Treatment Cover -Offers five times the daily cash amount or Rs 25,000, whichever is lower, for a maximum of 5 day care treatments

The ManipalCigna ProHealth Cash policy also comes with a critical illness rider with the sum insured ranging from Rs 50,000 to Rs 1,00,00,000 that will provide a daily cash benefit for hospitalization due to 11 critical diseases.

Exclusions of ManipalCigna Hospital Cash Policy

The ManipalCigna Hospital Cash policy does not cover the following medical expenses:

Dental treatment
Non-allopathic treatment
Birth control procedures
Cosmetic surgery except for reconstructive surgery
Sexually transmitted diseases, except HIV AIDS
Circumcision
Injury or illness arising out of drug or alcohol abuse
Routine medical check-ups and tests

The list of exclusions mentioned above is not exhaustive. Refer to the ManipalCigna Hospital Cash policy brochure to get the complete list of exclusions.

FAQs

1. Do I need to appear for a medical test to buy the ManipalCigna Hospital Cash policy?

You will be required to appear for a medical test before buying ManipalCigna Hospital Cash policy if you are aged more than 45 years and opting for a daily hospital cash benefit of more than Rs 3000.
2. Can I extend the coverage days under my ManipalCigna Hospital Cash policy?

You can extend your ManipalCigna Hospital Cash policy to a maximum of 450 days during your lifetime.
3. What are the waiting periods applicable under the ManipalCigna Hospital Cash policy?
The following waiting periods apply to the ManipalCigna ProHealth Cash policy:
- Initial waiting period - 30 days
- Specific ailments - 24 months
- Pre-existing diseases - 48 months
- Critical illness add-on cover - 90 days (survival period of 30 days)
4. How can I save on my ManipalCigna Hospital Cash policy premium?
You can reduce your ManipalCigna Hospital Cash policy with the help of the following discounts:
- Family discount - 10% savings for covering three or more family members under the policy
- Long term discount - 7.5% savings on buying 2-year policy and 10% on 3-year policy
5. Do I get any renewal benefit under ManipalCigna Hospital Cash policy?

Yes. You can save 3% on your annual premium if you renew your ManipalCigna ProHealth Cash policy online.