Purchase a base policy and a super top-up from the same insurer to simplify the claims process.

Published By: Business Standard

Published Date: 2nd October 2024

Purchasing both a base health insurance policy and a super top-up plan from the same insurer can streamline the claims process and offer cost-effective, comprehensive coverage. Super top-up plans provide higher coverage at lower premiums by activating after a specified deductible is met. For instance, a 45-year-old can secure ₹1 crore coverage by combining a ₹10 lakh base policy with a ₹90 lakh super top-up, costing approximately ₹18,000 annually—significantly less than a standalone ₹1 crore base policy. Experts recommend aligning the deductible with the base policy's sum insured to avoid out-of-pocket expenses.

It's crucial to understand that deductibles in super top-up plans are calculated annually, not per hospitalization. Opting for both policies from the same insurer ensures consistent terms, simplifies documentation, and often facilitates a seamless cashless claim experience. Additionally, some insurers offer discounts for bundling policies. Ensuring both policies have matching features, such as room rent limits and waiting periods, is essential to prevent claim complications.