Apollo Munich offers coverage to additional hospitalization expenses

Online, July 12, 2010 (Newswire.com) - Apollo Munich is a specialized health insurance company that works under the supervision of two specialists-Apollo Group of Hospitals and Munich Health. Both these partners are leaders in their respective fields of healthcare and insurance. Thus, Apollo Munich uses expertise and proficiency of the partners and feels proud to say, "We know Healthcare. We know Insurance".

Apollo Munich promises its customers to take the fear out of faces, the jargon out of words, the bitter out of medicines and the trouble out of treatment. In order to fulfill the promise, the company has a team of experts to work and find out the health needs of the people so that the upcoming product can be designed to offer coverage to the same. One such example is the launch of Optima Cash, a daily cash hospital benefits plan.

The company identified that there is a need of coverage to additional hospitalization expenses and brought its Optima Cash. The plan is simple and easy-to understand with very less paper work and no pre-policy check-ups. It is designed in line of its objective to Uncomplicate health insurance. The plan offers daily cash amount in case if an insured gets hospitalized. A person is asked to opt for the daily cash amount while buying the plan. The daily cash amount may be Rs. 1000, Rs. 2000 or Rs. 3000. The amount paid to an insured in case of hospitalization is the daily cash amount multiplied by the number of days he/she is hospitalized.

The plan can be purchased for one or two years. Its cover ceases at the age of 66 years for 1 year policy and 67 years for 2 years policy. This policy can be purchase on individual basis or on family basis. Here, a family includes self, spouse and dependent children.

The plan offer coverage to the benefits such as Sickness hospital cash, Accident hospital cash, Day-care procedure, Joint hospitalization due to accident and Convalescence cash.

The company also offers a series of discount to a customer. There is 5% discount for a person buying plan online. There is an additional 10% discount for a person including two or more family members under the same plan. Besides it, he/she can get 10% more discount for buying the plan for two years.

All these efforts are made to help people in understanding the benefits of the plan, thus, demystifying health insurance for the people of India.