Examples of Hospital indemnity policies in a sentence
Hospital indemnity policies are often sold as riders to disability income policies, but may also be sold as standalone policies.
Hospital indemnity policies reimburse policyholders for time spent in a hospital or recovering from medical procedures as an outpatient.
If less than 60 days elapse between your previous coverage and your new policy's effective date, the insurer may impose no new waiting period for pre-existing conditions.Caution: Hospital indemnity policies, accident policies, and other limited benefit policies pay only a limited amount in very specific situations and are not a substitute for a basic hospital/medical policy.