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Principal – Hospital Indemnity Coverage

Principal – Hospital Indemnity Coverage

Principal – Hospital Indemnity Coverage

Aug 7, 2023, 2 Minute Read

Facing unexpected health challenges can be daunting, and when serious illnesses or injuries strike, hospitalization and treatment become necessary. While health insurance is valuable in covering medical expenses, it may not fully address all the costs associated with treatment.

Principal’s hospital indemnity insurance helps employees prepare for unforeseen events by providing financial support. This coverage enables employees to focus on their recovery and worry less about the financial burden of hospitalization and treatment. When a covered employee or their family member is admitted to the hospital, they receive a lump-sum cash benefit. The best part is that they can use this benefit any way they choose, regardless of other insurance they may have or the actual expenses incurred.

With both Health Savings Accounts (HSA) and non-HSA compatible plans, Principal’s flexible designs offer a variety of benefits and options to design coverage that best suits your clients’ requirements.

Hospital Indemnity Coverage for California-Eligible Groups Effective September 1, 2023

Help your employer groups give their employees peace of mind and safeguard their financial future with hospital indemnity coverage from Principal. For details, download the Principal Hospital Indemnity Insurance flyer.

Contact us today for a Principal quote.

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