What is our hospital cash plan?
The Absa Hospital Cash Plan (HCP) provides a cash benefit on hospitalisation of an insured person for longer than 2 days due to an accident/illness during the period of insurance. The AHCP will pay benefit for each day spent in hospital as long as one has been hospitalised for at least 2 days consecutively.
Family cover
The total maximum allowable benefits over the life of the policy will be 30 days per annum per nominated family member across all hospitalisation events and 15 days for extended family members.
Hospitalisation cover
This benefit covers you and your family for hospital stays of at least 2 days in a row. It will then pay from the first day you were hospitalised.
What can you expect?
- An extra 5000 ZMW benefit amount will be paid if any of the life insured in the policy were to die.
- An extra 25% of the applicable benefit will be payable if hospitalisation is due to an accident.
- At the end of every 3 year cycle, you will get half of the first year’s premium back in cash.
- Inflation protection - each year of the anniversary date of the policy, the hospitalization cover amount & funeral cover amount for each policy member will increase by 5% and the related premium will also be increased by 5%.
To know more about this plan:
For more details on our Hospital Cash Plan please download the product brochure as a PDF from here.
