Voluntary Products
Sickness Indemnity Plans
A person usually can manage routine health care costs, but when an illness results in hospitalization or surgery they can quickly find themselves paying deductibles, copays, coinsurance, and other expenses. A sickness indemnity plan provides a benefit to help an employee pay for these expenses when they become sick.
Major medical deductibles and co-pays are often more than an employee expects. This is where a Sickness Indemnity plan could help.
A Hospital Indemnity plan provides a daily benefit for each day the person is hospitalized. This daily amount is paid to you and the benefit is triggered simply by confinement as an inpatient.
Hospital Indemnity Plans
A Hospital Indemnity plan pays a benefit when a person is an inpatient in a hospital. Generally this coverage is seen as supplemental coverage and pays out a determined amount per day while the person is in the hospital.
