Mumbai (Maharashtra) [India], January 06: In these uncertain times with unhealthy lifestyles and eating habits, being prepared for unforeseen medical emergencies is crucial. This is why individuals prefer to buy health insurance plans to safeguard themselves and their families against various medical emergencies.
However, with rising medical treatment costs, sometimes having a health insurance plan with basic coverage is not enough. This is where top-up medical insurance comes into play.
TATA AIG offers super top-up health insurance that offers extra protection against unforeseen medical emergencies. Here, we will learn in detail about the top-up health insurance offered by TATA AIG.
What is Top-up Health Insurance?
A top-up health insurance plan offers additional medical coverage over the base health insurance policy. It offers an added layer of medical security to policyholders in the hour of need.
With this plan, policyholders will have additional medical coverage on top of their regular health insurance policy.
It simply means that if the policyholder has exhausted the sum insured by their regular health insurance plan during the policy tenure, they will still have their medical expenses covered under a top-up health insurance plan.
How Does a Top-up Health Insurance Plan Work?
The working of the best top-up health insurance plan is simple and straightforward. This plan only gets activated when the policyholder exhausts the sum insured in their regular health insurance policy.
The plan usually comes with a deductible amount, which the policyholder opts for at the time of purchasing the policy.
The policyholder can claim top-up health insurance only when they pay the deductible amount. The deductible amount can be paid out of their own pocket or through another health policy. Furthermore, the top-up health insurance plan can only be claimed once a year.
TATA AIG Top-up Health Insurance Plan
TATA AIG offers a super top-up health insurance plan, Medicare Plus, which offers additional medical coverage to policyholders on top of their regular health insurance policy. This is an additional layer of protection when your regular medical insurance plan reaches its limit.
This plan is beneficial for individuals who are looking for higher coverage. Policyholders can enjoy higher sums insured at very affordable rates.
Furthermore, the TATA AIG super top-up plan, Medicare Plus, offers lifelong renewals. It simply means that no matter your age, as long as you pay your premium on time, you can enjoy additional medical coverage.
Example of TATA AIG Top-up Health Insurance Plan
Suppose Rahul has an employer insurance or base policy of ₹3 lakhs. To protect himself from additional medical expenses, Rahul has purchased a TATA AIG super top-up health insurance plan, Medicare Plus, with ₹10 Lakh coverage.
Unfortunately, Rahul has suffered a major medical emergency resulting in hospitalisation and treatment, which cost him around ₹13 lakhs.
In that case, Rahul’s organisation will cover the initial ₹3 lakhs and the TATA AIG Medicare Plus plan will cover the rest of the ₹10 lakhs.
Benefits of Buying TATA AIG Top-up Health Insurance Plan
Here are some of the reasons to buy top-up health insurance plan offered by TATA AIG, which offers unique benefits compared to other plans:
- One crucial benefit of purchasing a top-up health insurance plan by TATA AIG is that it offers enhanced coverage to policyholders. With this plan, policyholders will be protected even if the sum insured by their base health insurance policy is exhausted.
- These health insurance coverages offer lower premiums than regular health insurance plans because the deductible amount lowers the insurance provider’s liability.
- Another benefit of investing in a TATA AIG super top-up health insurance plan is that policyholders can claim a tax benefit for premiums paid under Section 80D of the Income Tax Act.
- Another crucial benefit is that these top-up health insurance plans can easily be converted into regular health insurance policies at the time of renewal.
- The plan offers policyholders peace of mind against various medical emergencies even if their regular health insurance policy sum insured is exhausted.
Conclusion
In today’s uncertain world, where medical costs are skyrocketing, having a top-up health insurance plan is more essential than ever.
TATA AIG’s Medicare Plus super top-up health insurance plan provides an invaluable safety net, offering policyholders enhanced medical coverage beyond their primary health insurance.
This plan ensures that you and your loved ones are well-protected against unexpected medical expenses, giving you peace of mind when it matters most.
ThePrint BrandStand content is a paid-for, sponsored article. Journalists of ThePrint are not involved in reporting or writing it.