Hospital Indemnity

This is one of the most useful and often used insurance policies you can have.  It is no fun to be in the hospital and your insurance deductibles may not cover the fist few days of a hospital stay even if it does you will still find the extra cash that a hospital indemnity policy gives you a welcome bonus.  As with all indemnity policies they pay a cash lump sum payment to the insured that can be used in any way the insured wants.  This type of indemnity policy is based on a daily set amount (terms and dollar amounts set by you and the company) and age and unlike other indemnity policies that cover illnesses stays in effect as long for as you pay the premiums.