Most healthcare plans do not cover all the expenses when an individual becomes hospitalized. Chubb Accident & Health offers hospital indemnity insurance benefits designed to help defray the expenses associated with a hospital stay.
Hospital Indemnity Insurance Coverage Highlights
Hospital indemnity insurance coverage pays a lump sum daily benefit for each day an individual is confined in a hospital. Additional benefits are available for intensive care, skilled nursing care, or to help ease the recovery period after the stay ends.
Key Features:
- Guaranteed acceptance regardless of current state of health
- Benefits are payable directly to the individual
- Benefits can be used in any way an individual chooses – to cover additional costs like deductibles, co-pays or other out-of-pocket expenses, or to cover household or childcare expenses while hospitalized
- Benefits are payable in addition to any other insurance that may apply
- Attractive additional benefits available:
- Accidental Death & Dismemberment
- Critical Illness benefit
- Custodial Care Facility benefit
- Emergency Care benefit
- Home Health Care benefit
- Hospice Care benefit
- Intensive Care benefit
- Outpatient Surgical benefit
- Post-hospital Recovery benefit
- Skilled Nursing Care Facility benefit
Hospital Indemnity Insurance Client Profile
Medium to large employer groups who have 10 or more employees with high deductible healthcare plans.
The Chubb Advantage
- Innovation: Our entrepreneurial business philosophy and expert industry knowledge allow us to remain flexible in finding the right solution for our clients.
- Global Protection: The Chubb global network can satisfy the insurance needs of companies operating worldwide.
- Financial Strength: Consistently high ratings from A.M. Best and Standard & Poor’s are an indication that we are financially strong and able to meet our obligations to our customers.
- Superior Solutions: We are dedicated, solutions-oriented professionals able to provide quick responses and expert handling of customer needs.