Compare & Buy Best Health Top-Up Plan

How To Choose Health Top-Up Plan?

Health top-up plan, it might be a new term for many people, but the one who is aware of it knows its importance and benefits very well. Basically a health top-up plan is a type of additional coverage for those people who already have a health insurance policy. It enhances sum insured amount at a reasonable premium. It improves your existing health insurance policy by providing additional health coverage. A Top-up cover is delivered once the deductible in the existing policy is worn-out. It is not compulsory to have a health insurance plan to buy top-up plan, but it is advisable to take a health insurance plan before choosing any top-up plan. PolicyX.com assists you in choosing the best health top-up plan. Health top-up plan is the best way to improve the sum insured amount at an affordable premium. Buying health top-up plan provides additional coverage to those people who think that their existing health insurance plan is not sufficient for the medical emergencies.
The difference between the health insurance plan and top-up plan is the deductible amount. The policyholders have to choose the deductible amount at the time of buying the top-up plan. Higher the deductible amount lesser will be the premium. You can use your base health insurance and top-up plan for a single hospitalization but the condition is to meet the threshold limits of the plan. You can buy the top-up and the health insurance plan from two different companies, but it is advisable to buy the same from a single insurer as it will save you money and time as well.

Importance Of Top-Up Plan

The top-up plan is important as it provides additional coverage over existing health insurance policy. A base health insurance plan will pay the medical bills up-to the definite sum insured, but a top-up plan will assist you by covering the medical bills after a definite threshold limit. It is a cost-effective way to improve your existing health insurance policy. See, it is really a good thing that you have a health insurance policy, but to be frank what will you do if your base health insurance plan fails to meet your requirements during hospitalization, from where you will arrange the rest of the amount? In that case a top-up plan would be able to assist you completely. It will pay for your expenses during hospitalization, when your existing health insurance policy got exhausted. All the benefits of the top-up plan are the same as in the normal health insurance policy.

Pay the medical bills when your existing policy or deductible limits is worn-out.

It also provides the tax benefit under section 80D of the Income Tax Act, 1961.

Take care of the rising medical costs.