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Know The Basics About Top-Up & Super Top-Up Health Insurance Plans

For adequate coverage today, you need a health insurance policy that costs at least Rs 20 lakh. to claim that a medical insurance cover of up to Rs 20 lakh is necessary for the modern era, particularly during the COVID-19 epidemic, but doing so would need high premiums. Purchasing a top-up or super top-up health plan is the greatest method to receive more coverage for less money. The majority of individuals mistakenly mix the two. Discover the distinction between what is top-up in health insurance and super top-up plans by reading on.

Similar to health insurance top-up plans, Super Top-up health insurance plans offer insurance benefits. Both are employed to increase insurance coverage while lowering the overall rate. The primary distinction is that a Super Top-up Plan provides coverage for all hospital expenses beyond the threshold limit, whereas a top-up policy only does so for a single hospitalisation claim (i.e. the Deductible amount). *

In light of this, if you are considering purchasing a top-up health plan or a super top-up health plan and want to understand the distinction between a top-up plan and a super top-up plan, you have come to the correct place:

Difference Between To-up and Super Top-up Table

Below is a comparison of health insurance Top-up and Super Top-up health insurance plans:

Top-up Health PlanSuper Top-up Health PlanMeaningHealth insurance cover that is above the threshold limit or deductibles *Health insurance cover that is above the threshold limit or deductibles *Number of Claims *Single claim that is above the deductible limit *Cumulative bills during a policy term after it exceeds the deductibles *Deductible Paid *On every claimOnce during a policy year

What Does a Top-up/Super Top-up Plan deductible mean?

Deductibles are the upper bounds that health insurance providers have set. It serves as a safety net for the insurance provider and discourages the filing of many unnecessary medical claims. *

The policyholder is responsible for paying this sum. Health insurance companies do not cover deductibles. They only cover the excess over the deductibles. Basically, you are responsible for paying the deductibles, and the insurer will cover the excess up to the sum insured maximum.

Here’s an example: Let’s imagine you have a base health insurance policy of Rs 10 lakh, and you add a Super top-up worth Rs 5 lakh. If the deductible is Rs. 2 lakh, the insurance provider will cover all expenses up to and including Rs. 10 lakh which exceeds the deductible. One plan may have a different deductible than another.

Choosing the best alternative

The experts advise choosing a Super top-up plan to cover the likelihood of chronic conditions necessitating more than one hospital stay every year. Additionally, the premium is less expensive than purchasing a separate health plan with a higher level of coverage. Additionally, it is appropriate for senior persons who frequently need medical procedures. In this case, super top-up plans with cumulative coverage can be very helpful.

For whom should top-up/super top-up health insurance be chosen?

It is obvious that you need more comprehensive health insurance because of uncertainties like the COVID-19 pandemic and growing healthcare costs. You must select either the health insurance top-up or the Super Top-up plan if you fit into one of the following groups.

  • Employees of corporations: You may be covered by the corporate health insurance plan offered by your employer, but the coverage may not be adequate.
  • Seniors: Seniors, such as parents who are older, incur unquestionably larger medical costs. As a result, the premium rises as people age.
  • Policyholders with low sum insured: You can choose top-up plans for a lower cost than purchasing a new health insurance plan if your health insurance’s sum insured amount is modest and offers few advantages.

* Standard T&C Apply

Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.

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