HomeLifeHealthTravelRetirementAbout Us

Guaranteed Hospital Cash

Money and support from your first day in hospital

  • Guaranteed Hospital Cash provides the cash you need when you’re hospitalized anywhere in North America, including Mexico and the Caribbean.
  • Imagine if you had to spend an extended period of time in hospital. Your expenses would quickly add up, since many medical and incidental costs aren’t covered by provincial and private health insurance.

Cash from Your First Day in Hospital

  • We’ll start your benefits the first day you are admitted to hospital and stay for more than 24 hours, whether you’re admitted for an illness or accident
  • We’ll pay cash for every day you stay in the hospital up to 365 days per hospitalization
  • We’ll cover you anywhere in North America, including Mexico and the Caribbean
  • We’ll cover you for multiple hospital stays

$25, $50 or $100 Every Day - Tax-free

  • Choose the amount of coverage you need – $25, $50 or $100 a day
  • Maximum benefit is $36,500 per hospitalization

Example of monthly cost for Guaranteed Hospital Cash

Daily Cash Benefit Age 35 Age 40 Age 45 Age 50 Age 55
$100 a day plan $12.45 $17.20 $21.45 $30.95 $32.95
$50 a day plan $7.45 $9.70 $11.45 $15.95 $17.95
$25 a day plan $4.95 $5.95 $6.45 $8.45 $10.45
Rates effective September 2010. Subject to change without notice.
Your rate will never increase on an individual basis


Money for Any Purpose – Paid Directly to You

  • Pay for out-of-pocket hospital costs, such as ambulances, semi-private rooms, private duty nurses, taxis, parking
  • Cover your family’s extra expenses, including meals outside your home, child care, elder care, pet care and house cleaning
  • Cover expenses that occur after you are discharged – for example, costs for physiotherapists, chiropractors, osteopaths, medications, walkers
  • Your choice

Helping Hands – Your Own Personal Assistance Program

  • Confidential, professional guidance and advice
  • Around-the-clock medical consultation
  • Home care convalescence referrals
  • Child care and elder care service referrals
  • Online health and wellness resources
  • Nutrition and smoking cessation services
  • Access to services for yourself and your immediate family

Guaranteed Acceptance

  • Your acceptance is guaranteed if you are between 18 and 80

No Medical Exam or Health Questions

  • You don’t have to see a doctor to enrol

Protection for Life

  • Your policy is guaranteed for life, as long as you continue to pay your premiums
  • You can cancel your policy any time you choose
  • Your rates will never increase because of your age
  • If you’re in hospital for more than 30 continuous days, we’ll pay your premiums until you’re discharged

30-day Free Look

  • You’re protected the moment we receive your completed application, but your first monthly premium won’t be due for 30 days
  • You can cancel within that time with no further obligation

Guaranteed Hospital Cash provides individual coverage and is only available to residents of Canada. One policy per person.





Insurer: BMO Life Assurance Company
Full details terms and conditions are available on request
Insurance benefits are tax free payments under current legislation