What is Super Top up Plan?
A Super Top-up Health Insurance Plan provides additional coverage beyond your existing health insurance sum insured. It is a back up to existing medical insurance policy. It activates once a predefined deductible amount is paid, covering cumulative expenses throughout the policy term, in contrast to regular top-up plans that cover single claims. The added boost that keeps you covered above and beyond your health plan.
How Shall It Work with Example?
For instance, if you have a Super Top-up plan of Rs 10 lakh with a deductible of Rs 5 lakh, it covers medical expenses exceeding Rs 5 lakh. The deductible is paid from your current health plan, and the remaining is covered by the Super Top-up insurer, making it active for subsequent claims.
| Benefit |
How it Works |
| 1st claim of Rs.2.5 lakhs |
No claim would be paid as the deductible limit is Rs.5 lakhs |
| 2nd claim of Rs.5 lakhs |
Aggregate claims = 2.5 + 5 = Rs.7.5 lakhs
Deductible limit = Rs.5 lakhs
Claim payable = up to Rs.2.5 lakhs |
| 3rd claim of Rs.6 lakhs |
Aggregate claims = 2.5 + 5 + 6 = Rs.13.5 lakhs
Deductible = Rs.5 lakhs
Claim payable = up to Rs.6 lakhs |
Need and Importance of Super Top up Plan
Top up health insurance policies offer additional coverage that go beyond the threshold limit of your existing health insurance policy. Thus, each of your claims has to surpass the threshold limit of the top up policy for any amount to be paid from the policy. Meanwhile, under Super Top Up policy, the total of all your hospitalization bills above the threshold limit is covered. Thus, the claim becomes payable as the total of all your claims exceeding the deductible limit in a policy year. Thus, a Super Top Up policy is a wise choice.
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Increasing Medical Inflation
A Super Top-up plan is essential when your health insurance sum insured is insufficient to meet rising medical costs. It offers a cost-effective solution, ensuring coverage for various medical uncertainties in life.
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Additional Security
The added boost of Sum insured keeps you covered over and above your base health policy.
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Better Coverage
There are generally no restrictions and sub-limits on hospitalization expenses like fees charged by the medical practitioner, room rents, doctor fees etc. You get the complete benefit of a health insurance policy.
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Affordable Premiums
The plans are super affordable with premiums approx. as low as Rs. 2000 per annum.
