Health Top-Up Plan

Top-up health plans are regarded as add-on cover or additional protection cover to your existing health cover which may at times become insufficient against increasing cost of medical services. Top-up plans are offered by a number of insurers and you can even buy from your existing health insurance provider. There is no age limit, a person between 18 years to 80 years can buy this policy. Also, deductibles play a major role in deciding the premium of the top-up plan.

Affordable Premium Prices

Providing coverage at cheap and affordable rates of premium is a major goal of this health plan.

Higher Coverage Options

The customers can get flexibility in choosing the sum insured in agreement to existing medical requirements.

Reload of Sum insured

If your current sum insured become entirely nil or utilized due to continuous claim-making, then you can restore your entire amount.

When Do You Need a Top-Up Plan?

When you should own a health plan is a period when you realize that all your savings/salary is draining into medical services. Like, for availing a normal medical consultation, you may have to give your one day salary that you earned after working for hours. While treatment for serious illnesses like heart attack, cancer, stroke, kidney failure, can pinch the entire savings that you collected from salary/investments, etc. Top Up health plan will simply gonna provide financial assistance in difficult hours and simultaneously ensuring customer satisfaction.

Vikas bought a health cover of Rs 5 lakhs for him and his family. He made a claim for critical illness treatment which cost around Rs 5 lakhs in total that took away the whole sum insured. He was left with nothing as no sum insured is left to claim for future medical emergencies. This will obviously pinch his pocket as he didn�t purchase the right coverage according to their medical needs.

Also, if he goes for the up-gradation of an existing policy, it would double the premium. But after consulting insurance web aggregators, he bought a top-up plan of Rs 5 lakhs. Consequently, even after making continuous claim his sum insured of Rs 5 lakhs did not get exhausted. On complete exhaustion, the company provided a refill of the sum insured up to a certain limit. In this way, he saved his money, got timely medical facilities for listed illnesses/injuries and also earned a considerable percentage of discount on the premium.

What Does Health Top-Up Plan Cover?

Health Top-up plans are a much better option when you want to reduce your premium and want to attain heavy benefits from your health insurance policy. To become eligible for the Top-up health plan, you need not appear for any medical screening if you are below 55 years. However, in base health policy, the maximum limit is 45 years.

Reload of Sum Insured

Your sum insured will automatically get restored if you face complete or partial utilization through continuous claims raised by the policyholder for a minor or major claim.

Family Inclusion

You can include your family members between the ages of 3 months to 65 years who are dependent on you for expenses like your dependent parents, children (91 days to 25 years), spouse.

Lower Premium

Choosing higher deductibles with respect to the sum opted can really work in cutting the cost of the premium and will save your money indirectly. It basically refers to sharing of claim amount with the insurer.

Wellness Rewards

If you maintain sane health during the term of the policy under wellness programs given by some insurers, then you can avail rewards like medical advice, dietician & nutritional consultation, etc.

Tax Benefit

The policyholder can enjoy tax exemptions under section 80D of the Income Tax Act, 1961 against the premium paid in favor of Top-Up health insurance policy.

Relations Covered

Covers children, spouse, parents, grandparents, brother, sister, parents-in-law, etc. The maximum limit for a number of members can be included will vary from insurer to insurer.

Importance of Health Top-Up Plan

When your base health policy fails to surrender you the complete benefits, then top up health will prove as an angel. How? Suppose you have exhausted your complete coverage in making minor claims and now you need Rs 4 lakhs for critical illness treatment. Company will reload your sum insured completely if you have a top-up plan and you can simply proceed to take treatment.

01
Cost-Effective : It saves your money by curtailing the total cost of the policy.
02
Riding Medical Cost : Saves you from rising medical cost in India
03
Claim Payment : Gives you reimbursement of money if you pay for any listed medical facility
04
Sum Insured Options : Wide range of sum insured options with reasonable premiums to fulfill coverage needs.
05
Pre-medical Checkup : No pre-acceptance medical tests for the person above the age of 55 years.
06
One Sum Insured : All the family members included will get coverage under the same sum insured paying a single premium.

Buying the Best Health Insurance Plan Online

Purchasing online is like a new trend as it helps in saving your precious time and hard-earned money as well. It is same in health insurance policy, with a wide range of health insurance policies; it becomes necessary to compare health insurance first to get a complete idea. People are also using a health insurance calculator for taking better decisions. A health insurance calculator helps them in understanding their needs. Nowadays you can buy health insurance online and can renew it as well. It can save your time and money as well.

Buying Process

It is advisable to buy Health top-up plan online as it is a simple process and can save your time and money as well. If you go online then you will get:

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