Group Hospital Indemnity Insurance

Overview

If you or a family member is hospitalized, your out-of-pocket expenses could be significant and possibly disrupt your savings and retirement funds. The NYSSCPA Group Hospital Indemnity Insurance Plan can help cover deductibles, co-pays, and other non-covered expenses, giving you peace of mind knowing you have added financial protection to help pay these extra bills.

Features

The NYSSCPA Group Hospital Indemnity Income plan pays a daily benefit—for up to 365 days—any time you're hospitalized. This plan also features:

  • Payment directly to you to use in any way you wish
  • Benefits beginning on the first day of a covered hospitalization
  • Guaranteed acceptance for you and your spouse/domestic partner and children
  • Up to $240 per day for covered persons residing in the New York metropolitan area
  • Up to $165 per day for covered persons residing in the state of New York outside the New York metropolitan area

To find out more about the features, costs, eligibility, renewability, limitations, and exclusions read the Group Hospital Indemnity Insurance Brochure.

Forms

Brochure

Brochure

Application

Application

Insurance Carrier

This plan is underwritten by New York Life Insurance Company, 51 Madison Avenue, New York NY, 10010 under Group Policy No. G-30806-0, on Policy Form GMR-G-30806-0/FACE.

New York Life is licensed/authorized to transact business in all of the 50 United States, the District of Columbia, Puerto Rico and Canada. However, not all group plans it underwrites are available in all jurisdictions. Please check the applicable insurance brochures for current availability.

New York Life's state of domicile is New York, and NAIC ID # is 66915.

New York Life has received the highest financial strength ratings currently awarded to any life insurer from all four of the major credit rating agencies: A.M. Best (A++), Fitch Ratings (AAA), Standard & Poor's (AA+), and Moody's Investors Service (Aaa).*

*Source: Third-party rating reports as of 10/15/2020

learn more - settings