What is hospital indemnity insurance?
The Bankrate.com financial term of the day is: "hospital indemnity insurance."
Whenever you go home from the hospital, you might easily find yourself gasping for oxygen all over again when the bill arrives. Hospitalization can leave patients on the hook for huge expenses beyond what their health insurance covers. Hospital indemnity insurance helps with these sometimes staggering out-of-pocket costs. The policies pay a limited daily, weekly or monthly benefit, regardless of the actual hospital charges.
Protect your blood pressure from shocking hospital bills by purchasing hospital indemnity insurance.
To get an insurance quote, visit the Insurance section at Bankrate.com.