What is a Hospital Indemnity Plan?

Hospital indemnity insurance is a supplemental insurance plan designed to pay for the costs of hospital admission that may not be covered by other insurance. The plan covers clients who are admitted to a hospital or ICU for a covered sickness or injury. Hospital Indemnity Plans or “HIP” can be especially critical for seniors as many seniors especially the DSNP population do not have enough savings to cover unplanned medical bills. These plans pay cash directly to the client regardless of whether they end up incurring the out-of-pocket expense or not. The payments can be used for anything the client deems necessary such as copays, deductibles, or even things such as transportation, food, rent, or utilities.

Why You Should Sell GTL’s Advantage Plus:

• Easy to use E-app
• Guaranteed Issue Ages 64 ½ – 65 ½
• 1, 3, 6, 10 & 21 day benefit periods available
• $100 to $750 daily hospital confinement benefit
• 60-day restoration of benefits
• Hospital observations covered
• Lump-sum cancer rider
• Dental/vision rider
• Additional lump sum hospital rider
• Ambulance rider
• Guaranteed renewable for life as long as premiums are paid
• Skilled nursing rider

Help Your Clients & Get Paid During AEP:

Doing what’s best for your clients should always be your top priority. But it sure is nice when doing what’s best can also benefit you, especially during the busiest time of the year for a Medicare agent. GTL pays one of, if not the highest commission in the industry on their hospital indemnity plans, and the best part…. They pay all throughout AEP!! Reach out to your marketer today to find out more about how to get licensed to sell GTL’s Advantage Plus products.