What Is Hospital Indemnity Insurance ?
Hospital indemnity insurance pays a fixed cash amount for each day you are in a hospital, up to a certain number of days. Some policies may have added benefits such as surgical benefits. Some policies have a maximum payment amount or a limitation with a maximum number of days allowed.
Note If you need professional help with "Insurance" or have other tax questions, we can help you find a local licensed CPA for a free, no-obligation consultation.