Hospital Cash Plan
EDGARS MY LIFE
Join The Edgars Club, Sign up for the Edgars Hospital Cash Plan and enjoy great benefits!
1. EDGARS HOSPITAL CASH PLAN
- The Edgars Hospital Cash Plan is not medical aid but a perfect cover against loss of income in the event of a family member being hospitalised for more than 48hrs.
- A member’s policy will be able to cover a spouse, the children and any other relative they wish to be added to the policy.
- The Edgars Hospital Cash Plan gives you peace of mind and comfort in times of difficulty due to hospitalisation of either yourself or a family member.
- At a rate of $500.00 and $2000.00 per day that you are admitted in hospital for an adult and a child respectively, it is a good deal to cover you against loss of income.
2. BENEFITS OF THE EDGARS HOSPITAL CASH BACK PLAN
- This comes with an ‘inbuilt’ FREE Personal Accident Cover which is twice the Main Funeral Cash Benefit
- Benefits are starting from a premium of $15.00 for children on the gold plan for a maximum annual benefit of $30,000.00
- Maximum Main Funeral Cash cover for people aged between 65-75yrs is $6,000.00 (including FREE Personal Accident Cover)
- FREE Personal Accident Cover is claimable when an insured person has been involved in an accident. 100% is paid when an insured person dies due to an accident. In cases where insured person is injured, up to 20% is payable to service providers when there are Medical Aid shortfalls or when one does not have a Medical Aid.
- For customers to enjoy the other Edgars Mi-Life benefits, they have to opt for the Main Funeral Cash first.
3. FOR THE ACCOUNT HOLDERS ONLY:
- $12,000.00 Account credit relief for over 7days in hospital.
- Death benefit of account balance clearance.
- NB: Membership is automatic for the account holder upon submission of the sign up forms. All other beneficiaries MUST BE added by the account holder by coming in-store.
4. BIGGEST ADVANTAGES FOR YOU
- Use the cash in any way you wish to e.g paying school fees, utility bills etc
- Payouts of $1,250.00 for children and $2,500.00 for adults on the Gold Plan respectively and $2,500.00 for children and $5,000.00 for adults on the Platinum Plan respectively.
- Add as many dependents as you wish
- Pre-existing conditions/ailments covered (including HIV/Aids)
- Should you be diagnosed with HIV/Aids or any chronic ailment after the commencement of your policy, you will be covered
- Immediate accident cover and three months’ waiting period for illness
5. A plan that covers you and your loved ones on your account now with Edgars Club
- Please note all EHCP claims MUST be made within 30 days of patient being discharged from the hospital.
- This is exclusive to club members only. Please call Edgars Club Customer Care line if you are unsure about the product and would like more information.
- This product is underwritten by Eagle Insurance Company Limited (a member of the FBC Group).
6. ADDITIONAL INFORMATION
- Please note all EHCP claims MUST be made within 30 days of patient being being discharged from the hospital.
- This is exclusive to club members only. Please call Edgars Club Customer Care line if you are unsure about the product and would like more information. This product is underwritten by Eagle Insurance Company Limited (a member of the FBC Group).
| Platinum | Gold | |||||
| Principal | Adults | Children | Principal | Adults | Children | |
| Premium | $110 | $100 | $60 | $70 | $60 | $30 |
| Daily Payout | $5,000 | $5,000 | $2,500 | $2,500 | $2,500 | $1,250 |
| Monthly Payout | $150,000 | $150,000 | $75,000 | $75,000 | $75,000 | $37,500 |
| Annual Limit | $300,000 | $300,000 | $150,000 | $150,000 | $150,000 | $75,000 |
| 7 Days Benefit | $12,000 | $12,000 | ||||
| School fees protect additional premium | $60 | $30 | ||||
| School fees protect benefit | $30,000 | $15,000 | ||||
- *Effective 5 April 2021
