What is Top-up and Super Top-Up in Health Insurance.

In addition to your current healthcare policy, top-up and super top-up medical insurance policies offer additional coverage, which can be very useful in an emergency. Let's examine the differences between health insurance that is top-up and super-top-up.

Health Insurance Top-up & Super Top-up

It is now essential to have medical insurance due to the escalating expense of healthcare. However, in the event of a serious sickness or operation, even an extensive health insurance policy could not be enough.

Top-up and super-top-up health insurance policies enter the scene at this point. In addition to your current healthcare policy, top-up and super top-up medical insurance policies offer additional coverage, which can be very useful in an emergency. Let's examine the differences between health insurance that is top-up and super-top-up.

	Top-up Health Plan	Super Top-up Health Plan
Meaning	Health insurance cover above the threshold limit or deductibles	Health insurance cover above the threshold limit or deductibles
Number of Claims	Single claim above the deductible limit	Cumulative bills during a policy term once it exceeds the deductibles
Deductible Paid	On every claim	Once during a policy year

Let's understand with an Example

Considering buying Top Up or Super Top Up over a base policy of Sum Insured 5 Lakh

	Top-Up Plan	Super Top-Up Plan
Sum Insured	₹ 25 Lakh	₹ 25 Lakh
Deductible	₹ 5 Lakh	₹ 5 Lakh
Claim 1	₹ 15 Lakh	₹ 15 Lakh
Insured Person Pays	₹ 5 Lakh	₹ 5 Lakh
Insurance Company Pays (Claim minus Deductible amount)	₹ 10 Lakh	₹ 10 Lakh
Claim 2	₹ 10 Lakh	₹ 10 Lakh
Deductible	₹ 5 Lakh	₹ 0
Insured Person Pays	₹ 5 Lakh	₹ 0
Insurance Company Pays (Claim minus Deductible amount)	₹ 5 Lakh	₹ 10 Lakh

In the above table, both Top-up and Super Top-up plans had a sum insured of Rs 25 lakh. The deductible chosen is Rs 5 lakh. The amount claimed was Rs 15 lakh. And in both the plans the insurance companies paid Rs 10 lakh to the policyholder.

When the second claim was filed it was Rs 10 lakh. In that case, anyone with a top-up health plan had to pay the deductible amount of Rs 5 lakh and the remaining Rs 5 lakh was paid by the insurer. Super top-up health insurance holders had to pay nothing and the complete claim amount i.e. Rs 10 lakh was paid by the medical insurance company.

This is where a Super-Top up plan has a slight edge over a Top-up health plan.

How can I buy best Top up or Super Top up plan!

Experts advise choosing a Super top-up plan to protect against the possibility of chronic illnesses necessitating many hospital stays within a year. Additionally, the premium is less expensive than purchasing a stand-alone health plan with greater coverage. Additionally, it is appropriate for senior persons, who often require medical procedures. Plans for super top-ups with cumulative coverage may be quite helpful in this situation.

However if you have any doubts or quires regarding insurance you may write to us at care@vittadacapital.com or call us @ 77099 91183