TOP UP VS SUPER TOP UP HEALTH INSURANCE POLICY
In today's world of rising healthcare costs, having adequate health insurance is crucial. While a base health insurance policy is essential, it might not be sufficient to cover exorbitant medical expenses. This is where Top-Up and Super Top-Up Health Insurance Plans come into play. But what’s the difference between the two? Let's dive in. Understanding Top-Up and Super Top-Up Health Insurance Both top-up and super top-up plans are designed to enhance your existing health insurance coverage. The key difference lies in how the deductible is applied. Top-Up Plan: This plan kicks in only when the medical expenses for a single hospitalization exceed the specified deductible amount. For instance, if you have a top-up plan with a deductible of Rs. 2 lakh, the plan will only cover expenses beyond Rs. 2 lakh for that specific hospitalization. Super Top-Up Plan: This plan considers the total medical expenses incurred during the entire policy year. If the cumulative expenses for the ye...