Group Hospital Cash Insurance is a cost effective policy offered to companies, protecting them against rising medical and healthcare cost. In the event an employee is hospitalised due to an illness or accident, this group insurance plan is designed to reduce the cost of hospitalisation.
Coverage Highlights
Benefits for Company
- By allowing Chubb to take care of variable medical costs incurred by employees, you will enjoy better control over company cashflow
- As an increase in employee productivity translates to better profits, motivate your employees by giving them a sense of assurance that they are well looked after
- By offering good employee incentives, your company will be able to stay competitive in recruiting new talent
Benefits for Employees
- Employees will be able to work in peace knowing that the company will provide financial assistance in the event of an illness or accident
- By receiving welfare benefits from the company, employees will become highly motivated and productive at their job
- A motivated employee will perform better at work, resulting in greater potential for pay raise and career advancement
Insurance Benefits
In the event an employee is hospitalised due to an illness or accident, Chubb will subsidise the hospitalisation cost according to the number of inpatient days and benefits stated in the policy terms.
The material presented is a product summary. Please refer to the Terms and Conditions of this policy for further information.
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