Healthcare costs have gone astronomical nowadays. If you are hospitalized due to an illness or injury, the last thing you want to worry about is finances. You simply want to focus on your recovery. Luckily for you, TD provides the TD CASH (TD Coverage for Accident and Sickness Hospitalization) that covers additional costs and expenses that may arise if you are hospitalized.
A lot of costs could spring up when you are hospitalized. Costs like private and semi-private hospital care could make the cost go pretty high. Interestingly, some of these costs could be covered by the accident and sickness coverage provided by the government but the government plan can only go thus far, it does not cover all hospitalization costs. TD CASH can complement the government coverage to offer you the comprehensive protection you need.
Key Features in TD Accident and Sickness Hospitalization Insurance Plan
TD CASH provides protection for hospitalization as a result of new illnesses and accidents alike. If the insured is hospitalized in Canada at least for two days, he will receive a benefit up to $200 each day which can be spent any way he wishes. Furthermore, the benefits of this plan will be reduced by 50% when the insured turns 65. The coverage ends when the insured turns 75.