Super Top-Up Health Insurance: What Is It?
A Super Top-Up Health Insurance policy serves as a supplementary safety net for individuals with existing health insurance coverage, stepping in when their primary policy’s sum insured is exhausted. The key feature of these policies is the deductible, a predefined threshold that individuals must cover either out-of-pocket or through their primary insurance before the Super Top-Up plan kicks in. This cost-effective approach allows policyholders to enhance their coverage only when necessary, providing financial protection against unexpected and high medical expenses without the need to purchase a more expensive primary insurance policy. Super Top-Up plans offer flexibility in choosing deductible amounts, comprehensive coverage, and the assurance of better managing unforeseen healthcare costs. However, it’s crucial to review the policy terms and conditions, including waiting periods, to ensure it aligns with your specific health insurance needs.
A super-top-up plan gives you coverage for multiple claims in a year over your policy limit instead of a top-up project, which only covers expenses over policy limits once per year. You can manage your insurance on a Bajaj health insurance app.
Who Must Choose a Super-Top-Up Plan?
A Super Top-Up Health Insurance plan is an excellent choice for individuals looking to bolster their health insurance coverage in a cost-effective manner. It is particularly beneficial for those who already have a basic health insurance policy but want to enhance their protection against unforeseen and expensive medical expenses. By opting for a Super Top-Up plan, policyholders can ensure that they have additional coverage available when their primary policy’s sum insured is exhausted, offering financial security and peace of mind. This option is also suitable for individuals with high-deductible health insurance plans, as it helps bridge the gap in coverage and minimizes the out-of-pocket expenses they may face in the event of a medical emergency or prolonged illness.
Principal Characteristics Of Super-Top-Up Health Insurance Plans
Now that we are aware of how the plan operates, let’s examine some of its salient characteristics:
- Deductible
It is the claim amount for which an insured is accountable and is computed annually. The insurer won’t start paying until the sum of the hospital bills exceeds the deductible. It is applicable in aggregate towards hospitalisation expenses incurred during the policy period.
- Hospital Coverage
Using a super-top-up plan, you can save your hard-earned money from being used to pay for increased prices. Additionally, it aids in emergency relaxation for you and your family. The cost of the insured’s room rent, nursing costs, ICU fees, and medical practitioner fees will be covered. Daycare treatment and modern medical procedures will be covered too. While understanding the meaning of OPD coverage, you may find that most top-up plans do not cover the same. . ##
- Hospitalisation Coverage Before and After
Your super top-up plan will pay for costs associated with medical expenses incurred before hospitalisation and after the discharge as well. It provides coverage for medical expenses incurred 60 days before the hospitalisation and until 90 days after discharge, if the company has already accepted a claim for in-patient hospitalisation..
- Yearly Check-Up
A super-top-up also includes coverage for your family’s yearly physicals at the end of a certain number of years. The cost of the check-ups for insured members shall be reimbursed to the limit specified in the policy wordings.
- Family Floater Feature
A super-top-up plan is also available as a family floater that can cover your family’s medical costs for a single premium.
- Cashless Facility
If you use medical services at a network hospital, the insurer will pay the covered l treatment costs upfront without requiring you to pay the large bills for later reimbursement. You will only have to deal with the deductibles. Manage all aspects of your insurance on the Bajaj health insurance app.
- Free Look Period
It is the time frame—generally 15 days—during which you can evaluate and return your mediclaim policy for your family. A portion of your premium, including the proportionate risk premium for the coverage period and other applicable charges, will be subtracted from your refund as stated in the policy’s terms and conditions.
Get insured anytime, anywhere! Check out the Bajaj Allianz General Insurance website to learn more and download the app now.
## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply.
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.
