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Income Compensation

Definition:

It is a plan which allows you to receive a daily indemnity during your stay at the hospital.

 

Covers:

Basic coverage: fixed daily indemnity for an individual or couple in the event of hospitalization due to an accident.

Additional optional coverage: fixed daily indemnity for an individual or couple in the event of hospitalization due to illness.

 

Particularities and Advantages of the Plan:

  • Monthly payments are automatically withdrawn from your bank account with no extra charges.
  • The premium is calculated regardless of the insured person's occupation, and without any medical evidence.
  • The contract is issued on the spot and is automatically renewed.

 

Conditions:

  • You should be a client at First National Bank s.a.l.
  • You should be 20 to 54 years old.

 

Premiums:

 

Basic Coverage 

Hospitalization due to accident

Optional Additional Coverage 

Hospitalization due to illness

 Individual

Coverage: USD 200/day

Up to 21 consecutive days

Coverage: USD 100/day

Up to 21 consecutive days

Deductible: 1 dayDeductible: 3 days
Monthly Premium: USD 2Additional Monthly Premium: USD 1
Married CoupleOne person

Coverage: USD 200/day

Up to 21 consecutive days

Coverage: USD 100/day

Up to 21 consecutive days

Two persons

Coverage: USD300/day/person

Up to 21 consecutive days

Coverage: USD 150/day/person

Up to 21 consecutive days

 Deductible: 1 day/personDeductible: 3 days/person
Monthly Premium: USD 4Additional Monthly Premium: USD 2