PNB MetLife Linked Hospicash Benefit Rider
Individual, Unit - Linked, Non-Participating, Pure Risk, Health Insurance Rider | UIN:117A025V01
Term Plan for Salaried
Buy Online
Term Plan for Non-Salaried
Buy Online
Term Insurance
Individual, Unit - Linked, Non-Participating, Pure Risk, Health Insurance Rider | UIN:117A025V01
By submitting your details, you agree to PNB MetLife's Privacy Policy and authorize PNB MetLife and/or its authorized service providers to verify the above information and/or contact you to assist you with the policy purchase and/or servicing. You have the option to opt-out of this contact authorization by un-checking the box. The authorization provided by you herein will supersede all earlier authorizations/registrations made by you in this regard.
Hospital stay doesn’t just affect your health – it brings added expenses too that may drain your savings.
PNB MetLife Linked Hospicash Benefit Rider provides a fixed benefit for each day you are hospitalized, helping you manage your expenses comfortably.
Daily Hospicash Benefit will help you manage hospital expenses without compromising your savings
Cost-effective rider that offers protection at a low premium, making them affordable
Working alongside your regular health insurance and creates a comprehensive coverage
Things to Remember
Pre-existing diseases, self-inflicted injuries and certain medical procedures. Please refer to respective terms & conditions for more details on PNB MetLife Linked Hospicash Rider
We shall pay you a Daily Hospicash Benefit as chosen by you at inception of the Policy for each completed day of Hospitalization for medically necessary treatment of any illness or Accident provided the minimum Hospitalization period is of 24 continuous and complete hours.
| Events | Benefit Payable |
|---|---|
| For Non-Intensive Care Unit (Non-ICU) Hospitalization | You will receive a Daily Hospicash Benefit as chosen at inception of the Policy for each day of hospitalization. You can select the Benefit ranging between Rs. 1,000 per day to Rs. 20,000 per day |
| For Intensive Care Unit (ICU) Hospitalization | You will receive additional 1 time of Daily Hospicash Non-ICU Benefit for the period of ICU For Example: If you have chosen a Daily Hospicash Benefit of Rs. 10,00 per day, you will receive:
|
You can choose either 30 days or 60 days as number of hospitalization days per policy year.
The number of Hospitalization Days per Policy Year or over the Policy Term shall be inclusive of the Hospitalization days in ICU.
You have an option to add family member(s) (legal spouse and up to 3 dependent children of Primary Life Assured) by paying additional premium at inception or at Policy anniversary. If you choose to add family member(s), Daily Hospicash Benefit and Number of Hospitalization Days as chosen by you at inception shall be shared between the Primary Life Assured and added family member(s).
For all Insured Person, a Waiting Period of 90 days is applicable for all Benefits payable under this Rider (except for Hospitalization solely due to Accident)
Specific Waiting Period of 24 months or 36 months is applicable for specific conditions/procedure.
In case of addition of family member(s) under the Family Coverage Benefit, the applicable Waiting Period shall apply individually to each family member, based on the respective date on which such family member is added to this Rider.
Please refer to terms and conditions of the Rider for further details.
| Parameters | Minimum | Maximum | |
|---|---|---|---|
| Entry Age~ | Primary Life Assured/Policyholder | 18 years | 65 years |
| Family Coverage (Spouse) | 18 years | 65 years | |
| Family Coverage (Child) | 91 days | 17 years | |
| Maturity Age~ | Primary Life Assured | 23 years | 70 years |
| Family Coverage (Spouse) | 23 years | 70 years | |
| Family Coverage (Child) | 5 years | 22 years | |
| Premium Payment Term (PPT) / Policy Term (PT) | For Regular Premium Payment: PPT and PT: 5 years For Single Premium Payment: PPT: 1 year PT: 5 years |
||
| Daily Hospicash Benefit (in increments of Rs. 1,000) | Rs. 1,000 per day | Rs. 20,000 per day | |
| Number of Hospitalization Days per Policy year | 30 days or 60 days | ||
| Maximum Number of Hospitalization Days during Policy term | If 30 days is chosen per Policy year: 100 days If 60 days is chosen per Policy year: 200 days |
||
| Hospicash Sum Assured1 (if number of Hospitalization Days is 30 days) | Rs. 1,00,000 | Rs. 20,00,000 | |
| Hospicash Sum Assured1 (if number of Hospitalization Days is 60 days) | Rs. 2,00,000 | Rs. 40,00,000 | |
| Annualized Rider Premium2 | Shall be derived basis Daily Hospicash Benefit, Number of Hospitalization Days, Premium Payment Term, Entry Age for Insured Person(s) | ||
| Premium Payment Mode | Annual, Semi-Annual, Quarterly and Monthly^ | ||
~All reference to age is as on age last birthday.
^Monthly mode is available for Standing instruction/direct debit options (including Electronic Clearing System (ECS), and Automated Clearing House (ACH))
1Subject to the condition that the Hospicash Sum Assured is not exceeding Sum Assured of base Policy.
2Annualized premium is the premium amount payable in a year excluding taxes and underwriting extra premium on rider, if any
Disclaimer:
By submitting your details, you agree to PNB MetLife's Privacy Policy and authorize PNB MetLife and/or its authorized service providers to verify the above information and/or contact you to assist you with the policy purchase and/or servicing. You have the option to opt-out of this contact authorization by un-checking the box. The authorization provided by you herein will supersede all earlier authorizations/registrations made by you in this regard.
By submitting your details, you agree to PNB MetLife's Privacy Policy and authorize PNB MetLife and/or its authorized service providers to verify the above information and/or contact you to assist you with the policy purchase and/or servicing. You have the option to opt-out of this contact authorization by un-checking the box. The authorization provided by you herein will supersede all earlier authorizations/registrations made by you in this regard.
Get Trusted Advice
Ask khUshi
Hi! I’m khUshi. How can I help you?
