How are annuity distributions taxed in Pennsylvania?

Direct answer

Hospital indemnity insurance typically provides a fixed cash benefit for each day you are hospitalized, though it depends on whether your specific policy includes benefits for ICU stays, ambulance transport, or outpatient procedures.

Standard policy specimen language filed with state insurance departments.


What this means for you

Hospital indemnity insurance typically provides a fixed cash benefit for each day you are hospitalized, though it depends on whether your specific policy includes benefits for ICU stays, ambulance transport, or outpatient procedures.

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