Product Description

The Hospital Accident Plan (HAP) provides cash benefits to the insured in the event of hospitalization due to a covered accident.

System Indicator (Artemis)

HP

Eligibility

• The primary insured and spouse, 18 and over
• Dependent children; under 19, or between the ages of 19 and 25 if enrolled in an accredited institution of higher learning.
• No medical exam required.
• Coverage is guaranteed.
• There is no termination age however; benefits reduce by 50% at age 65 and reduce 25% at age 75. Emergency Treatment benefits remain the same no matter the Insureds age.

Core Benefits

• Plan pays 100% of daily benefit for each day of hospitalization, up to 365 days for any one injury. (Amount depend on plan)
• The daily benefit doubles for each day in the Intensive Care Unit.
• Plan pays expenses incurred up to $ $250-$400 for Hospital Emergency Room as an outpatient visit within 72 hours of an accident. Dependent on the plan offered in the customers state)

Marketing and Carrier

• Marketed by Direct Mail.
• 30 day “money back guarantee”.
• Underwritten by Federal Insurance Company (CHUBB)

Family Coverage

Spouse:

• • Accident Only In-Hospital – $750
  • Accident Only Intensive Care – $1500
  • Accident Only Emergency Room – $210

Dependent Child:

• • Accident Only In-Hospital – $500
  • Accident Only Intensive Care – $1000
  • Accident Only Emergency Room – $140

Additional Benefits

• Inflation benefit of 10% per year for 5 years.

Exclusions

Some exclusions apply and are detailed in the Insurance Coverage Document.