CURRENT AFFAIRS

Detailed explanation-1: -Phonepe Partners With Icici Lombard To Offer Hospital Daily Cash Benefit.

Detailed explanation-2: -Hospitalization allowance up to ₹30, 000 – get hospital cash benefit up to ₹1, 000 per day for a maximum period of 30 days.

Detailed explanation-3: -A Daily Cash Benefit is a huge lump of a fixed amount that can be availed to pay for the additional inadmissible expenses when you are hospitalized. The huge sum is generally fixed at the time of availing the policy and will remain fixed until the end of the policy tenure.

Detailed explanation-4: -The Max Bupa Hospital Cash policy comes with a hospital cash amount of Rs 1000/2000/3000/ 4000 per day. It offers coverage for a maximum of 45 days per policy year. However, the insured should be hospitalized for at least 48 hours to activate the policy.

Detailed explanation-5: -A daily hospital cash benefit provides a lump sum amount daily in case of hospitalization and this amount can be used per the insured’s need. The money can be used for meeting additional expenses that are not covered by health insurance or for even compensating the loss of income during the period of hospitalization.