Royal Sundaram Hospital Cash
This policy aims to cover expenses that are not not insured by other health insurance policies.
It can be bought by anyone sufficiently insured under a basic health cover and is looking to cover petty expenses that are beyond the scope of other health plans. The cover is available for self, spouse, dependent parents and dependent children.
What does it do?
It has two plans: Silver and Gold. You may select either based on your requirement. Gold variant offers a higher cash allowance. The daily cash benefit will double in case of hospitalisation due to accident and triple on admission to ICU. The cash allowance amount can be spent by policyholder at his discretion.
It provides triple cash benefit if admitted to ICU and double cash allowance if hospitalised due to accident.
Premiums paid towards this policy enjoy a tax benefit under Section 80D.
The daily cash benefit can be utilized to pay for medical expenses or other expenses such as travel, accommodation and food of family members. Depending on severity of the situation such as accidental hospitalisation or ICU admission, this policy increases the cash allowance benefit for certain number of days. Buy this policy only if you already have a basic health insurance policy. This policy is not meant to replace health insurance plans but should be treated as a supplementary policy to enhance coverage.
|Entry Age (years)|
|Maximum Policy Renewal Age (years)||70|
|Sum Insured (Rs)|
|Maximum||Daily Cash Benefit of 1000|
|Minimum||Daily Cash Benefit of 500|
|Policy Term (years)||1|
|Discount||10% family discount on covering more than 3 family members|
|Address||Royal Sundaram Alliance Insurance Company Limited|
Sundaram Towers 45 & 46,
Whites Road, Chennai 600 014
|Mail to||[email protected]|
|Call to||1860 425 0000 (toll free)|
|SMS||Type HCASH and send to 560701|
Additions to the Plan
|Scope of Cover|
|Silver Plan||Gold Plan|
|Daily cash benefit in case of:|
|Hospitalisation||Rs 500 for each 24 hours completed in a hospital for upto 180 days||Rs 1000 for each 24 hours completed in a hospital for upto 180 days|
|ICU stay||Cash benefit of Rs 1500 for maximum of 21 days||cash benefit of Rs 3000 for upto 21 days|
|Accidental hospitalisation||cash benefit of Rs 1000 for upto 21 days||cash benefit upto Rs 2000 for upto 21 days|
|Convalescence Benefit (if hospitalisation exceeds 21 days)||lumpsum upto Rs 7500 once during the policy period||lumpsum upto Rs 15000 once during the policy period|
|Age (in years)||Silver Plan||Gold Plan|
|46 - 60||1068||2047|
|61 - 70 (Applicable for renewals only)||1424||2759|
|Indicative Premiums are exclusive of service tax and cess|