Here’s When You Should Buy a Super Top-Up Plan for Your Health Insurance

The adage, health is wealth rightly emphasises on the importance of having a healthy body. The pandemic re-established this belief in the 21st century thereby encouraging people to start maintaining work-life balance to focus on themselves and their health. But despite taking all possible care of yourself and you family, ailments are prone to occur. As the human body ages, these ailments start to grip. That is when buying a health insurance policy comes handy. These health plans offer various benefits that include coverage for hospitalisation costs, critical ailments, pre and post treatment expenses and more. When deciding on which policy you should buy, the amount of coverage is an essential factor. But not everyone can estimate how much coverage they will require in the future. For this reason, health insurance companies offer the feature of super top-up. 

What are super top-up plans?

These super top-up plans are an effective way to ensure an adequate amount of insurance coverage is available to combat the soaring medical treatment costs. While it can be difficult to estimate how much it will cost to seek the treatment into the future, any feeling of inadequate coverage can be insured using the super top-up coverage. 

How do super top-up plans work?

Super top-up plans can either be purchased as a standalone cover or in combination with your standard base policy. Be it an individual plan, critical illness cover or even health insurance plans for family, all of them can be enhanced with a super top-up policy. However, when combined with a base health insurance cover, it offers maximum benefits. These super top-up plans have a deductible clause wherein you, the policyholder, are required to pay for a certain amount of treatment costs before the super top-up plan kicks in. Unlike the coverage offered by top-up plans, super top-up covers provide for multiple treatments wherein the claim amounts and its consequent deductibles are aggregated. * Standard T&C Apply

The best way to make use of super top-up is to combine it with a base policy. For instance, you have a base policy for ₹5 lakhs. Purchasing a super top-up of ₹12 lakhs with a deductible of ₹5 lakhs ensures there are no gaps in coverage and the all the treatment expenses till ₹12 lakhs are covered by your insurer. * Standard T&C Apply

When should you consider buying a super top-up cover?

A super top-up policy, as described above, can be used in singularity, or in combination with various types of health insurance policies. Here are some instances when it comes handy:

  • For covering senior citizens and parents: In a family floater policy, the premium is determined considering the age of the eldest beneficiary. In such cases, the premium for all the members increases due to senior citizens or parents. So, an individual policy when combined with a super top-up cover can help lower the premium costs for all the members and seek specific coverage for elderly beneficiaries.
  • To upgrade your employer insurance cover: Since super top-up policies can be purchased as standalone policies, they can also be used to increase the coverage of your employer’s insurance policy. Thus, you can benefit of a coverage equivalent to standard health cover for a minimal premium. 
  • If your existing coverage is insufficient: If you feel that your existing sum insured is lower than the estimated treatment costs, you can make use of super top-up policy. With such super top-up plan, you need not purchase a fresh policy while boosting your existing policy scope. 

These are some situations when a super top-up policy is beneficial. Also, note that insurance is the subject matter of solicitation. For details on benefits, exclusions, limitations, terms and conditions, please read the sales brochure/policy wording carefully before concluding a sale.