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The Hospital Cash plan provides you with money if you are hospitalized. You will only need to answer some simple yes or no health questions. You can select a daily coverage amount of $25, $50, or $100. This plan can be purchased as a stand-alone policy or added as an option to a Simplified and Simplified Life Plus policy. The Hospital Cash plan ends at age 70 and it can be purchased by those 25 to 65.
STANDARD BENEFITS
Coverage
Coverage amounts can be $25, $50, or $100 for each full day of hospitalization. With ICU (Intensive Care Unit) hospitalization, your daily benefit is doubled for up to 30 days. You can receive your hospital benefit for up to 90 days for the same sickness or injury.
Intensive Care Benefit
For every full day that you spend in ICU (Intensive Care Unit), your Hospital Cash benefit is doubled, for a maximum of 30 days. The Intensive Care benefit is only payable for an injury or sickness if the ICU hospitalization occurs within 30 days of the date of the accident that caused the injury or sickness. PAYMENT OPTIONS
Premium payments may be made annually or monthly. All payments can be made through your bank account or credit card. There is an annual policy fee of $40
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The product pricing and details of coverage described on this website, may vary and/or change without notice in the underwriting insurance companies’ discretion and are not guaranteed. Canada Protection Plan Inc. (CPP) is not responsible for any actions, errors or omissions of such underwriting insurance companies. Further, the product pricing and information supplied is not intended as a recommendation as to the suitability of any and all products shown in this website. We strive to maintain the accuracy of all the information provided on this website; but we can not and do not guarantee the validity or accuracy of any of the information provided or displayed. Our insurance carriers include: Unity Life of Canada, Manulife Financial, Reliable Life Insurance Company of Canada, Western Life Assurance Company and TIC Travel Insurance Coordinators Ltd.
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