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In recent years, super top-up health insurance plans have gained popularity over top-up plans. Many insurance companies now offer super top-up plans instead of top-up plans. In case your existing health insurance coverage is not sufficient to meet your medical expenses, such plans can be used to enhance your coverage. Keep reading to know more about a super top-up plan.
A super top-up plan provides additional coverage above your health insurance plan. It is the additional support you can have if your existing cover is not sufficient to pay the medical bills. One important feature of a super top-up plan is that it covers multiple medical claims in a policy year after the deductible is exhausted. This is the biggest advantage of a super top-up plan if you are undergoing long-term treatment for a disease. It will reimburse expenses after the sum insured by your standard health plan has been used.
A super top-up health plan pays when the total claim in a year exceeds the deductible. Suppose you have a regular health insurance policy with a sum insured of ₹ 5 lakhs, and you buy a super top-up policy of ₹ 10 lakhs with ₹ 5 lakhs deductible. Your health coverage now is ₹ 15 lakhs. Your super top-up policy will cover the claim only when the total claim in a year is more than ₹ 5 lakhs. The table given below explains this further.
|Claims in a Policy Year||Base Policy||Super Top-Up Policy|
Anyone who has a base plan that is not sufficient to cover all the medical expenses or with a base cover most likely to exhaust due to frequent hospitalisation should buy a super top-up health plan.
Super top-up health insurance has certain limitations, and it does not cover;
Hospitalisation without a doctor’s prescription
No claim until your existing health insurance deductible is used.
Flexible and Affordable - Super top-up plans are flexible and let you choose your deductible amount. It is also affordable as it is cheaper than buying a new policy, so you can increase your coverage without paying a high premium.
Multiple Claims Covered - Unlike a top-up plan, a super top-up plan covers multiple claims in a policy year if the total claim exceeds the deductible amount. Note that the deductible needs to be paid only once, and you can claim multiple times.
High Sum Insured Options - You can choose a sum insured as per your requirement and affordability above your existing health cover or corporate policy, giving you an additional benefit over your health insurance.
Hospitalization Cover - A super top-up plan will cover all your hospitalisation expenses like room rent, ICU charges, nursing expenses, doctor’s fees, etc. It even covers advanced medical treatments and daycare procedures.
Individual as well as a Family floater Plan - A super top-up plan is available on an individual as well as family floater basis. You can get your entire family covered by paying a single premium.
Wide Network of Hospitals - With a super top-up plan, you can get treatment anywhere. There is a wide network of hospitals offering cashless treatment facilities. Also, you can opt for reimbursement if needed.
No Room Rent Limit - There are no room rent limits in a super top-up plan, you can choose any room in any network hospital to get treatment.
Annual Medical Check-Ups - A super top-up plan offers annual check-ups also. If you get your annual medical check-ups at a network hospital, it can be done cashless.
Easily Available Online - You can compare and purchase a super top-up plan easily online. It is recommended that you first check with your existing insurer if he provides a super top-up plan. This way you can get a discount.
Better Coverage for Senior Citizens - A super top-up plan is most beneficial for senior citizens as it provides additional coverage at a very low premium. Senior citizens are most likely to need hospitalisations or any medical treatment many times in a year, so a super top-up plan comes in handy as it covers multiple claims in a policy year.
It is a good idea to invest in super top-up insurance to protect your savings in case of a medical emergency. A health insurance super top-up plan offers many benefits and flexibility to customise your health coverage as per your requirement. You get to choose a sum insured, and deductible amounts to avail of treatments that you and your family might need in the future.