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The Difference Between A Critical Illness Rider And A HospiCash Rider

Published On Mar 30, 2021 12:00 AM By InsuranceDekho

Insurance plans are an efficient way to save up money for critical times. They provide a protective life cover and also, a way to put down earnings for future returns. Having an insurance plan makes sure that neither you nor your family has to face any financial crisis in the future. Although insurance plans provide protection, sometimes there is a need for more enhanced cover. This is where riders come in. 

What are Riders?

Riders are additional protective covers that can be added to a basic insurance plan, in order to enhance its features. There are several types of riders available and they cater to different needs. For example, there are riders available for disabilities caused by accidents, including permanent, or even death caused by accidents. Other types include those covering critical illnesses, medical expenses etc.

The choice of a rider depends on the policyholder. Different insurance plans offer different types of riders. The policyholder is free to choose the rider they want and subsequently, they will receive benefits from it.

Also Read:- What is Accidental Death Insurance Rider?

The Difference Between A Critical Illness Rider And A HospiCash Rider

A critical illness rider, as well as hospi cash rider, are both types of riders that cover medical-cost related affairs of the policyholder. Although they sound similar, they have specific functions and differences between them. Find the differences below:


Critical Illness Rider

Hospi Cash Rider

Primary Cover

Most critical illness riders cover up to 38 different illnesses

Is a regular pay rider that covers daily costs of hospitalization, surgery costs etc.

Payout Method

Lump-sum payout of a fixed amount regardless of the total costs of the complete treatment

Fixed benefit depending on daily costs and the complete amount is paid out once during the policy term

Amount Paid

Regardless of the total treatment costs which keep the uncertainty that it might be more or less

Paid out exactly according to the costs incurred as it is calculated on a daily basis


A critical illness rider is extremely useful if you are suffering from critical illness as they can incur high expenses. A hospi cash rider provides for all kinds of hospital charges so it is best kept as a support in case something happens. Since it pays out on a daily basis, it might not be sufficient to cover the high costs of critical illness treatment. Nevertheless, the ultimate choice definitely lies with the policyholder and their personal requirements.

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