Life Insurance

Most hospital plans in South Africa help cover the bills for a non-elective visit to your local ward, however it’s wise to look for something more versatile that can supplement your existing medical aid or hospital plan. Search for a Hospital Cash Back Cover that doesn’t cover your stay in hospital, but rather offers you a payout (after a hospital stay of three consecutive nights or more) to spend as you wish, much like your family would when receiving your life cover payout. This makes it more versatile than other types of hospital cover, and allows you to decide how you want to spend the money.
You’ll have a lot of freedom to choose considering how reasonable your payout will be. For example, you can get up to R5, 000 for every day that you’re in hospital (for a stay of up to 90 days).
The benefits of hospital cover

• When you’re in hospital – If you go to hospital, you’ll get a payout of up to R5 000 per day depending on your level of cover. In some cases it takes a 3-night hospital stay for you to qualify but then you will receive a payout for every day from day 1 to day 90.

• In high care – Your daily payout will go up to 150% of what you would receive were you admitted to standard care. This means a payout of up to R7, 500 per day. Chances are you’ll need all the entertainment you can get while you’re recovering and with this payout, you can afford it.

• In ICU – You’ll need a lot more money to make you feel better or add some extravagance to your recovery if you end up in ICU. Whatever you want to use it for, your payout could be doubled by 200%.

If you’re going to lose your limbs, why not buy yourself the sexiest legs on the planet? Hospital Cash Back Cover can help you do this with cover that empowers you to make choices about your own life. While you at it, why not invest in life insurance and really ensure your family is financially protected if you pass away.