Super Top Up - The Ultimate Medical Insurance Product

With COVID treatment bills running in lakhs, people are becoming aware of the need for medical insurance. Insurance companies are cloaking in high premium growth rates all thanks to the pandemic. People are buying health insurance out of FOMO effect (Fear of Missing Out). Although increasing medical insurance penetration is a good signal, one needs to see if the coverage is adequate enough to take care of medical emergencies.

Health insurance offers individual as well as family floater plans. Treatment for serious illnesses including COVID can cost lakhs of rupees. In the case of communicable diseases, the infection can be spread to other family members further multiplying the treatment cost. To tend to this problem a higher sum assured is desired. But getting a higher sum assured comes at a higher cost. For a 30-year-old male residing in Delhi with his wife and two kids, the premium for Max Bupa Health Companion for a floater cover of Rs. 5 lakh is Rs. 17,217. If the person wants to increase the floater cover to Rs. 1 crore then the premium comes out to a whopping Rs. 46,504.

Super-top up is a medical insurance plan which can come to aid if your existing plan's sum assured is low or if the cost of a higher sum assured plan is out of budget or appears unjustified. A pre-defined deductible limit is set and as soon as the limit is breached the medical expenses are covered by the plan. For instance, your existing family floater plan has a sum assured of Rs. 5 lakh which is also the chosen deductible limit in the super top-up plan. In case the treatment exceeds Rs. 5,00,000 the plan will take care of the increased cost.

Super top-up takes into account the amount spent on multiple hospitalizations too. So, if your treatment cost during the first hospitalization was Rs. 4,00,000 and you had to be hospitalized again within the same year and the cost came out to be Rs. 3,00,000 then too the plan will cover the expenses. One can also buy a super top-up plan if he/she doesn't hold any existing medical policy and is confident of paying the deductible amount out of own pocket.

What are Super Top Up & Top Up Health Insurance Plans?

A super top-up plan is way cheaper than your regular insurance. In our first example if the person takes a 5 lakh floater cover worth Rs. 17,217, an additional Rs. 95 lakh super top-up plan with Rs. 5 lakh deductible will cost Rs. 6911, thus saving at least Rs. 22376 per year. There are different top-up options available starting from Rs. 20 lakhs and deductibles starting from Rs. 1 lakh. A super top-up plan covers pre-existing diseases after a waiting period. The plan can be availed as individual as well as family floater.


A super top-up plan is another step towards financial independence wherein you can be sure of handling high medical costs of unexpected diseases. It is cheap as compared to increasing your sum assured and serves your purpose right of getting adequate medical coverage. To know more about health insurance and to get your quote contact your advisor or write to us at finriseinvestment@gmail.com!

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