While everyone would undoubtedly want to invest in all types of gap cover, it simply isn’t always affordable. It is for this reason that we have created the Vital Cover Plus option.
This is an entry level product that will cover the difference in costs between medical aid payments and your additional service provider payments in a range of in-hospital circumstances, such as cancer, accidental death and casualties.
What are the benefits?
This must-have gap cover will cover up to 700% above the medical aid scheme tariff. This means that if your service provider charges up to 7 times what your medical aid will cover, TRA will provide for this gap.
With the Vital Cover Plus Option, you will be covered in the following circumstances
Not only is the number of cancer diagnoses rising, but the cost of the treatment is rising too. Many oncology doctors and specialists charge more than medical aids cover, which can leave you with a steep bill to pay. With the Vital Cover Plus Option, you will receive cover of up 7 times medical aid rates to assist, where your service provider has charged more than the rate at which your medical aid reimburses, provided it is a treatment which has been approved by your medical aid and it is within your annual scheme limit.
- Accidental death:
An untimely death in the family can be devastating, but the effects can be even more disruptive and alarming if the deceased was the main breadwinner in the family. This benefit will provide an amount of R3 000 in the event of the death of the insured and/or spouse, and R1 500 in the event of the death of the dependant, caused by violent, accidental, external or visible means.
In the event of an emergency, you may need to go to a hospital’s casualty ward. Your medical aid does not always cover the costs in full. Whether payment comes from your medical scheme savings account or day-to-day benefit, the gap will be covered, up to an amount of R5000 per policy per annum.
Learn more about the gap insurance options at Total Risk Administrators by contacting us for more information today.
With Gap Cover from Total Risk Administrators, you get cover up to 7 times above what your medical aid will pay (subject to the annual limit). DON’T STRESS! THE GAP IS COVERED. See the video here:
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