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insurance payout, week in hospital?

maglite · 2007-12-31 19:44:04

I have a question A policy states that after a week in hospital, excluding the first 3 days, i am to receive a payout of €520 per week up to 52 weeks. Now if i spend 4 days in hospital what should i be entitled to, €520, as in you r in over the 3 days so you get the amount or €52 because i was only in 1 day, (4-the…

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31-12-2007 8:44pm

#1

maglite

Registered Users Posts: 1,783 ✭✭✭

Join Date: March 2006

Posts: 1653

I have a question

A policy states that after a week in hospital, excluding the first 3 days, i am to receive a payout of €520 per week up to 52 weeks.

Now if i spend 4 days in hospital what should i be entitled to,

€520, as in you r in over the 3 days so you get the amount

or

€52 because i was only in 1 day, (4-the excluded 3)

How is this to be read?????

With Thanks

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#2 01-01-2008 1:10am
broker2008

Registered Users Posts: 750 ✭✭✭

Join Date: January 2008

Posts: 735

I would say that the policy is for €75 per day payable after the qualifying period of 3 days has been reached. Therefore €300 would be paid out which is 520/7 x 4.

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