What is Hospital Cash Benefit?

Hospital Cash Benefit is money an insurance company pays to you if you are hospitalised. You must be in hospital as an in-patient for a consecutive period of at least 72 hours (three days and nights) before this benefit is paid. The company pays this amount in return for your payment of premiums.

Why do I need Hospital Cash Benefit?

If you were unfortunate to be hospitalised for an extended period, how would you cope financially with loss of income, education fees, mortgage repayments, bank loans, utility bills, medical bills, and home adaptions, convalescence?

How much Hospital Cash Benefit do I need?

It is recommended that Hospital Cash Benefit should be sufficient to meet any hospitalisation costs including loss of income. Needs will vary from person to person, depending on other income sources, health insurance and social welfare benefits payable.