Hospital Indemnity Planning


Why Hospital Indemnity Insurance From Medico?

For Your Security
Even with the best primary insurance plan, when you’re hospitalized for an injury or illness there will probably be medical expenses and out-of-pocket costs that aren’t covered. A hospital indemnity insurance plan provides cash benefits to use as you see fit. The benefits are predetermined and paid regardless of any other insurance you may have, and you have a choice of applying for basic or a more robust plan. Whether you want a plan that provides hospitalization benefits only, or one that also covers outpatient rehabilitation, ambulance transportation and skilled nursing facility benefits, Medico can help.

Customize your security with multiple options
You can design your policy to fit your individual needs. Hospital Indemnity helps protect you against the cost that your current insurance might not address. With a wide range of simple plan options, you choose the plan that’s right for you:

Option 1
Pays for each day of confinement in a hospital. You choose the number of days that fit best for you, your family and the amount per day range in $25 increments. Included are Accidental Death & Dismemberment benefit. Observation Benefit: Pays half of confinement amount per day for a certain maximum number of days per calendar year while receiving services in an Observation Unit of a Hospital because of a covered loss due to sickness or injury.

Mental Health Benefit: Pays a dollar amount for each day confined in a Hospital due to a covered Mental or Nervous Disorder for a certain maximum number of days per calendar year. Emergency Room Benefit: Pays a dollar amount per day for a certain maximum number of days per calendar year for an injury, if admitted to a Hospital within 24 hours.

Option 2
Pays a Lump Sum benefit per confinement in a hospital and you choose the amount per confinement.

That fits your budget and are covered up to 3 confinements per year. Accidental Death & Dismemberment benefit are available.

Option 3
Pays a Lump Sum benefit of certain dollar amount on day 1, for 1 confinement per calendar year. Accidental Death & Dismemberment benefit are available.

How Does Hospital Indemnity Insurance Wrok?

  • • Benefits are payable directly to the individual, unless otherwise specified.
  • • Benefits can be used in any way an individual chooses to cover additional costs like deductibles, co-pays or other out-of-pocket expenses, or to cover household expenses while hospitalized.
  • • Benefits are payable in addition to any other insurance that may apply.
  • • This plan has No Deductible, No Precertification and

No Network of Hospitals.

Protecting Your Future Today’s Optional Benefits

You Can Choose From

Ambulance Services Rider: Pays a certain dollar amount for ground or air transportation for a certain maximum of days per calendar year.
(Not available for age 81 and over).

Daily Skilled Nursing Facility Rider: Pays certain dollar per day for days 1 through 20 and/or a certain dollar per day for days 21 through 100.

Outpatient Rehabilitation Services Rider: Pays certain dollar per day for a certain maximum of 15 or 30 days per calendar year.
Cancer Lump Sum Rider:
Pays a certain lump sum of cash (One benefit per Lifetime: Not available for age 80 and over).

Accidental Death & Dismemberment Rider:
Pays a certain dollar amount for loss of life or two limbs or both eyes; 50% for one limb or eye. (One benefit per lifetime. Not available for age 81 and over).

Convenient & Affordable

  • • Hospital Indemnity Insurance is a convenient and affordable way to supplement your health care coverage.
  • • Provides you peace of mind by offering reasonable, personal and convenient coverage that pays benefits when you need them the most.
  • • When you select Hospital Indemnity Insurance you enjoy the security and assurance from a company that traces its roots back to 1930.
  • • You can rely on the Insurance Company; protecting your future today.

Save 7% with a Household Discount

(When you live in the same household with another person over 18 years of age, regardless of whether they sign up for coverage with us, a 7% discount is applied to your premium rates.)



This policy is issued individually. Premiums are determined according to the age of each applicant and the benefits selected. 30-DAY RIGHT TO EXAMINE

You have 30 days after you receive the policy to examine it and return it to us or to the agent if you are dissatisfied. We will then refund the premium you paid, less any claims paid and void the policy.

Guaranteed Renewable

Once approved, this insurance will remain in force as long as your premiums are paid on time, subject to our limited right to change the premium.

Whatever your financial needs or goals, James Insurance Group and its Multi Insurance Carriers has the products and financial strength that can protect you and your business.

Looking for protection and guarantees?

You’ll get both with our Multi Insurance Carriers offering Hospital Indemnity Planning.

Are you ready?

Take a look at what you can afford by contacting James Insurance Group today. Then ask yourself … can I really afford not to?
Talk to our James Insurance Group representative to find out more about how our products can help you.

Life changes. We’ll be there.