Critical illness insurance is often preferred by individuals at a higher risk of developing severe illnesses due to a critical illness due to occupational hazards or a family history of such conditions.
While a critical illness insurance policy provides a lump sum payout with customisable features, you can also consider super top-up health insurance for comprehensive medical coverage.
What is Super Top Health Insurance?
A super top health insurance policy is a type of health insurance plan that provides additional coverage when the medical expenses go beyond the defined deductible limit. It applies when the deductible amount is paid.
The policy inclusions and exclusions differ between the various insurance providers. Hence, it is necessary to check the policy document before purchasing it.
Reliable insurers like Reliance General Insurance offer super top-up health insurance plans that cover medical expenses abroad with attractive premium discounts.
Example
Consider Mr Kumar purchasing a super top up health insurance of ₹10 lakh with a deductible of ₹3 lakhs. Let us assume that he gets into multiple hospitalisations during the year incurring ₹1 lakh, ₹75,000 and ₹50,000. In this case, as the total amount is less than ₹3 lakhs, the super top up plan does not apply.
Now, let us consider that he gets affected due to cancer and requires 8 chemotherapy sessions, costing ₹1 lakh per session. If the first three sessions are paid, the super top-up plan can cover the remaining 5 sessions.
How is Super Top Health Insurance Beneficial for Comprehensive Coverage?
- Protection against various medical expenses – A super top-up health insurance plan covers a wide range of expenses, including hospitalisation, pre-and post-hospitalisation, day care procedures, domiciliary hospitalisation, AYUSH benefits and more.
- Advantage over top-up health insurance plans – While top-up plans also provide additional coverage, the deductible condition is applied for each claim amount. It is not based on the total number of claim expenses as in the case of super top-up health insurance plans.
- Extensive coverage – In addition to covering the various expenses, it offers extensive coverage. So, when the coverage up to the deductible amount gets exhausted, all the expenses get covered for the entire policy tenure.
- Best suited for multiple hospitalisations – If you have to go through multiple hospitalisations through the policy tenure due to a critical illness, you can get the expenses covered every time.
- Best suited for pre-planned treatments – A super top-up plan is also best suited when you are aware of an extended treatment plan and are not sure about the various associated expenses. It provides comprehensive medical coverage after reaching the deductible limit.
Wrapping Up
Super top-up health insurance plans offer extensive coverage for a wide range of medical expenses that are suitable for critical illnesses. It gets triggered after the deductible limit amount has been paid. You can buy health insurance online in a few simple steps. In addition, you can customise it based on your specific requirements.
Choose wisely and make well-informed decisions, as coverage for health insurance matters the most.
