A health insurance policy covers the cost of medical care that you incur. A regular medical insurance plan offers a sum insured up to a certain limit. So, if you incur medical expenses beyond the specified limit, the primary policy cannot cover them. This is where a super top-up policy becomes important. It covers you (the insured) over and above your current primary insurance policy. It could be medical insurance offered by an employer or any other group, or even personal health insurance.
The super top-up policy becomes active once the sum insured under your current health plan is exhausted, or is inadequate to settle your claim.
Do you require a super top up health insurance policy?
With the rate of general inflation in India rising, medical expenses are bound to rise as well.
Moreover, people usually prefer private healthcare over public healthcare to receive better quality services. However, as public healthcare in India is underfunded while medical services are rising in demand at the same time, the private healthcare sector in India keeps getting increasingly expensive.
In such a scenario, if your regular health insurance cannot cope with inflation, it’s a good idea to go for a super top-up plan. It also allows you to enjoy tax benefits under the Income Tax Act, Section 80D.
How is it different from a regular top up plan?
Top-up health insurance plans come with added coverage beyond the threshold limit of the current medical insurance policy. So, the top-up plan covers each claim that exceeds the threshold limit by any amount.
A super top-up policy is similar to the above plan. However, unlike a top-up policy that covers only one claim beyond the threshold limit, a super top-up covers all the hospitalisation expenses that surpass the limit.
Why choose ManipalCigna’s policy?
The super top-up policy offered by ManipalCigna covers you over and above your existing health insurance policy by acting as a backup plan for the latter. You can choose to be insured under this policy for the following reasons or benefits:
- The eligibility criteria are simple. Indian resident children (aged 91 days to 23 years) and adults (aged 18 years or above) can apply for this plan.
- You can avail of cashless treatment at more than 6,500 hospitals in India under ManipalCigna’s network.
- Costs incurred for hospitalisation, pre-hospitalisation, post-hospitalisation, all day-care treatments, road ambulance services and more can be covered.
- You can choose any room category during hospitalisation.
- Annual premium including taxes @ ₹920 for super top up plus plan for the sum insured of ₹10 lacs.
- You can enjoy various discounts.
- There is a feature of a guaranteed cumulative bonus to beat inflation. It allows you to avail of a 5 per cent higher sum insured per annum up to 50 per cent of the sum insured, regardless of your claims.
- Even if you don’t have health insurance, you can buy this super top up policy. Just that you then need to pay the costs out of your pocket until the deductible limit is crossed and the sum insured under the super top up kicks in.
- The plan also covers both AYUSH (Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homeopathy) and allopathic in-patient treatment for an injury or illness that you develop during the policy year.
- You can cover yourself, your spouse, and your kids with individual and family floater plans. Plus, you can apply for a separate family floater plan for your parents. Extended family including your brothers and sisters can be covered on an individual basis.
- You can claim tax deduction under Section 80D of the Income Tax Act.
Now that you see the benefits of purchasing a super top-up policy, consider choosing one early from a reputed health insurance provider like ManipalCigna.
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