Top up vs super top-up plan: How to choose between the two
In a top-up plan, a person can make one claim in a year, while in a super top-up health insurance plan, more than one claim can be made.
Health insurance policy has become a necessity today due to rising health expenses. A top-up health insurance policy is a supplemental health insurance plan that not only enhances the coverage but also makes the premium affordable. You can also upgrade your insurance plan from a ‘Top-up’ or ‘Super Top-up’ health plan.
What is a top-up plan?
Those who already have a health policy can opt for a top and super top-up. It increases the sum insured thereby increasing the coverage automatically. The top-up plan is more affordable as it provides benefits at a lower premium than the regular plan.
Super top-up vs top-up plan
In a top-up plan, a person can make one claim in a year, while in a super top-up health insurance plan, more than one claim can be made. Super top-up health insurance plan works exactly like top-up health insurance. In this, the total claim amount in a year is taken into account. Whatever is the amount below the limit, it should be paid by your regular health insurance or out of your pocket and the balance amount will be payable by super top-up plans.
Benefits of Super-top up plan
Suppose, you have a top-up health insurance plan of Rs 10 lakh with a limit of Rs 5 lakh (deductible). That is, any claim above Rs 5 lakh will be payable by this top-up health insurance. But, a claim less than Rs 5 lakh will be settled by your regular health insurance plan. This is how a top-up plan comes in handy for you. But, if there is more than one claim in a year, then such a top-up plan will not be useful as these top-up plans are applicable for only one claim per year. In this situation, a super-top-up plan is beneficial as it allows you to make more than one claim in a year.
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