Hospicash or Daily cash allowance insurance provides a fixed sum of money to the policyholder for each day of hospitalization.
Drone pilots, like any other professional, face risks while performing their duties. The purpose of Hospicash - daily cash allowance insurance is to provide additional financial support to the policyholder during hospitalization. This money can be used to cover additional expenses that are not covered by regular health insurance, such as loss of income during the hospitalization period or other miscellaneous expenses.
Hospicash-Daily Cash Allowance insurance covers daily cash allowance of Rs 2000/Rs 4000(depending on the chosen plan) for each day of hospitalization, for a maximum of 7 days. It also includes one day allowance for day care treatment carried out in a day care centre and Two times the daily benefit (Rs 4000/Rs8000) will be provided in case of continuous and completed period of 24 Hours in the ICU of the Hospital.
Yes, Hospicash-Daily Cash Allowance Insurance covers all hospializations including but not limited to drone piloting.
Hospicash-Daily Cash Allowance insurance complements liability insurance for drones. While liability insurance covers damage to third parties,Daily Cash Allowance insurance focuses on the financial well being of the drone pilot & professionals in case of hospitalization.
Exclusions may vary, but common exclusions can include pre-existing diseases(with waiting period), diagnostics and investigative process, rest cure, rehabilitation and respite care, weight control, change of gender treatment, unproven treatments and maternity. Read the documentation for full list of exclusions before policy purchase.
Hospicash-Daily cash allowance insurance for drone pilots is not mandatory but is highly recommended to protect against unforeseen accidents and financial liabilities arising thereby.
