A top-up insurance plan within group health insurance covers hospitalization costs. But, only after a threshold limit is crossed. This threshold limit is known as deductible i.e portion of the claim amount that is not covered by the insurer and has to be paid by the policyholder. Once the claim amount crosses the deductible limit, […]
Articles Tagged: top up health insurance
How Does Top-Up Insurance Work in Health Insurance Policies?
If you have a car, you certainly know the risk of driving the vehicle without a Stepney. Similarly, top-up health insurance policy is like a Stepney to your health insurance policy after you exhaust the coverage. A regular Mediclaim policy covers hospital bills up to the sum insured, while a top-up plan covers cost once […]
5 Points to Note Before Buying Health Insurance Top-Up Plan
Health insurance top-up plans offer the financial backup that you would require once the cover available under your base health insurance plan is exhausted. For instance, if your medical expenses are Rs 10 lakh and your mediclaim policy covers only Rs 5 lakh. The remaining Rs 5 lakh would cover by your health insurance top-up […]
Super Top-Up Vs Top-Up Health Insurance
Considering the alarming medical inflation rate, it is not only essential to have health insurance coverage, but also have the correct amount of cover. Inadequate health insurance is like carrying a mini umbrella in the rain. Even if you are walking in the rain with an umbrella in your hand, you will not be able […]