Sentences with phrase «gives daily cash benefit»
A common example of this kind is a critical illness plan that comes with a one - time benefit in case the insured person suffers from any illness specified in the policy, such as paralysis, heart attackor cancer.For instance, a hospital cash policy gives daily cash benefit up to a pre-defined limit for all the span of timethat insured person is hospitalized.
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Daily Hospital cash benefit allowance is given under this plan to combat the non medical expenses during hospitalization.