Daily Cash Allowance
A daily cash allowance is a fixed sum given to the insured for each day of hospitalisation to cover incidental expenses. Generally, this benefit is capped at a certain number of days.
Eligibility for Daily Cash Allowance
- Available to any insured individual hospitalised for more than 24 hours
- Often used by individuals who might require extra funds to manage day-to-day expenses during hospital stays
Claiming Your Daily Cash Allowance
- Notify your insurance provider about the hospitalisation as soon as possible.
- Submit any required documentation such as hospital admission and discharge summaries.