Get Sun Life Hospital Indemnity 2020-2024

Is Hospital Indemnity Insurance Worth It? Like many supplemental insurance plans, hospital indemnity insurance is typically lower in cost, depending on the plan and coverage. Affordable hospital indemnity plans are worth considering if your existing health insurance plan has limits on hospitalization coverage.

What Are The Drawbacks Of Hospital Indemnity Insurance? First, it will not cover the full cost of a hospital stay. Second, it will not cover the costs of outpatient procedures or home health care services. Third, it may have a waiting period before benefits are paid out.

Sun Life's Hospital Indemnity insurance can help employees who have to stay in the hospital due to a covered accident or sickness. Employees decide how to spend the money, including as payment for out-of-pocket medical costs or everyday expenses like groceries or childcare.

Hospital indemnity insurance is a supplemental insurance plan designed to pay for the costs of a hospital admission that may not be covered by other insurance. The plan covers employees who are admitted to a hospital or ICU for a covered sickness or injury.