Top-up Health Insurance Plans in India!

Insurance sector offers their customers with various options to cover their financial risks associated with health emergencies. Instead of changing plans and going through the complicated process of buying new ones every year, the companies have come up with top-up plans. These plans offer a higher medical coverage for hospitalisation beyond a threshold limit (as per terms of the policy) at a little bit of an extra cost. Buying Compare Health Plans.

With various companies offering different products, we bring to you some of the best top-up plans in the market:

1. Apollo Munich Optima Plus

The benefits you can enjoy with this plan are:

  • The sum assured under this policy is Rs. 5 lakhs and the amount that the insured will have to pay towards his medical expenses before this policy kicks can be Rs. 1 lakh, Rs. 2 lakhs, Rs. 3 lakhs, Rs. 4 lakhs or Rs. 5 lakhs. These amounts are called as deductibles.
  • The only plan that converts into full-fledged Health Insurance Plan at the time of retirement with no deductibles and the coverage is effective for any and every amount up to the maximum sum assured
  • Policy can be bought for a period of 1 or 2 years and if you buy for 2 years, you get a discount of 7.5% on the premium
  • There is no room rent limit and covers entire pre and post hospitalisation expenses
  • Also covers day care expenses along with expenses related to organ donation

2. Bajaj Allianz Extra Care

Following are the features of this plan:

  • The policy is valid for one year with sum assured of Rs. 10 lakhs, Rs. 12 lakhs and Rs. 15 lakhs. This can be renewed throughout your life though
  • Deductibles applicable on the policy are Rs. 3 lakhs, Rs. 4 lakhs and Rs. 5 lakhs
  • Doesn’t require any medical check till the age of 55 years

3. ICICI Lombard Healthcare Plus

This plan coming from another reputed insurer has following to offer you:

  • Provides individual cover for every member of the family
  • Sum assured is flexible and even the deductibles are flexible so you can select an amount as per individual requirements
  • You can buy the policy for a term of 1 to 2 years
  • There is no limit to room rent, hospitalisation expenses etc.
  • Offers coverage to the insured from the age of 18 to 65 years and for children it can start at 5 years of age

4. Star Health Super Surplus

The major benefits and features of this plan are:

  • It offers both individual and family floater plans
  • It comprises of two categories, silver and gold with different features
  • Sum assured can be minimum Rs. 4 lakhs for individual and Rs. 5 lakhs for family floater. This would be over and above the deductible amount
  • Maximum sum assured can be Rs. 7 lakhs for both individual and family floater plans
  • In case of silver plans the deductibles will be applicable for every hospitalisation. In the gold plan, only after the total limit of existing insurance plan is utilised, the benefits of this plan kick in

5. New India Top Up Mediclaim

The major benefits and features of this plan are:

  • Both the individual plans and family floater plans available. Under the family floater plan, up to 6 family members are covered
  • Anyone between 18 to 65 years (for proposer) can buy this plan. Any other family member with 3 months to 65 years of age can opt for this plan
  • Minimum and maximum sum insured available is Rs. 5 lacs and Rs. 22 lacs. Minimum and maximum threshold limit is Rs. 5 lacs and Rs. 8 lacs. You have the option to enhance the Sum Insured and Threshold at the time of renewal of the policy
  • Room Rent, boarding and nursing expenses are paid up to maximum of Rs. 5000 per day for Rs. 5,00,000 Threshold and Rs. 8000 per day for Rs. 8,00,000 Threshold
  • AYUSH Treatments are also payable

Hope this information helps you in making the right decision when looking for top-up plans. Remember to do a thorough research before finalising one.

Harjot Singh Narula

Harjot Narula is founder and CEO of ComparePolicy.com, an IRDAI approved insurance web aggregator focussed on selling online insurance for companies. Harjot has more than a decade of experience in software development and has also spent 5 years in US working for the mortgage and risk management industry.

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