Health Insurance sector is
experiencing a boom despite the fragile economic conditions. The reason for
boom in insurance sector is due to increasing health problems and rising
medical costs. Health is wealth; but if health is lost then your materialistic
wealth is devastated to great extent. Here, medical insurance policy ensures to
secure financial position and give best medical facilities in your city or
anywhere in the world.
Therefore, having a top up
health insurance is a necessity in today's context. Experts however,
advise to opt for extra cover over your general health care insurance. The
reason being sometimes the sum insured is not enough to support your medical
claim settlements. To get the best medical facilities, you need to get
hospitalized in the best hospital. The best hospitals in the cities are really
expensive and need adequate medical support. For people with family floater
plan, senior citizens health insurance and care general insurance must opt for
super top up health insurance.
Why!
It will give the extra cover for
your medical needs and will boost your sum insured. It's also known as
deductible health insurance. Deductible top up health insurance is simply a top
up for getting more health care benefits in comparison to general health
insurance. You can now add extra health insurance to your health care plan for
low premium. So, enhance your sum insured and get extra cover. What are the
policy terms for top up health insurance?
The minimum entry age for opting
top up recharge is 1 day
There's no set age bar for
maximum entry age. Thus, you can boost your sum insured in any age
The top
up health insurance plan comes with lifetime renewability and
can be renewed under the prevailing health insurance plan or it’s alternate as
approved by IRDA
The renewal premium is can be
changed on continuation of policy with prior approval from IRDA
The co-payment option is attached
to the top up insurance if the insured member is 61 years or above at the time
of purchase of the policy. The co-payment option is an agreement where you will
pay the 20% of the claim amount and rest 80% of the claim amount is paid by the
insurance company
The waiting period for getting
health care cover is 30 days for all illness. However, injury is exempted from
this rule
There's a 4 years continuous
cover waiting period for getting pre-existing diseases covered under the plan
The sum insured can be increased
only when it's time for renewal on expiration of the policy
There's a grace period of window
period of 30 days from the date of expiration to allow you to get renewed the
existing policy
Group discount can also be
availed, depending upon the size of the group. The discount can vary from 5% to
20% as per group size
The insured member on completion
of 4 years of continuous cover can convert their deductible health insurance
into a complete health insurance plan
Let's look into some added
features:
Cashless treatment
Wide network of hospitals with a
listing up to 4758 + hospitals
170+ day care under the belt and
also dubbed as the largest lists of day care centres
Get annual health checkups for
new age insured member
Life time renewability and no
claim based loading is applicable
Get instant insurance online in 2
minutes
No paper work to get top up
recharge for sum insured
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