Why You Should Top Up Your Health Insurance Online?

There has been a huge price rise or inflation seen across sectors, especially the healthcare sector in India in recent times. Let us take a look at the reasons why one should buy top up health insurance online. 

The healthcare industry has undergone massive transformation in recent times. The inflation situation in the country is such that you can’t expect reasonable expenses while making a trip to the doctor. Further, the procedure of medical examination and diagnostics is so lengthy, it makes you regret your doctor’s visit as it makes a hole in your pocket.

Hence, it becomes essential to choose a top-up health insurance plan along with your regular medical insurance policy to take care of your healthcare costs. To buy the best and most cost-effective health insurance plan, it is important to conduct an online health insurance top up plan comparison as well as take a look at the top-up plans offered by insurers in the country.

There are times when the health insurance plans are not enough to meet your required needs in terms of sum assured. In that case, the top-up plans come as a saviour.

Let us now discuss some of the best health insurance top up plans and how they help policyholders.

Visual Stories by PayBima

Best Money Back Policy 2023 – Check Feature, Benefits and Eligibility for Money Back Policy

Guide to Download Registration Certificate Online from Your DigiLocker Account

A Complete Guide – Buy Best Term Insurance Policy in India

What Happens When Two Wheeler Insurance Policy Lapses: Check its Online & Offline Renewal Process

5 Best Investment Plans for Senior Citizens in India 2024

View all Web-stories

What is Top-Up in Health Insurance?

As the name suggests, a top-up health insurance plan is one that allows a health insurance policyholder to avail additional medical coverage on their health plan as a top-up to the already existing cover. So, a top-up plan enhances the scope of health insurance of individuals.

The functioning of the best super top up health insurance is similar to the basic health insurance policies. The only difference is that the premiums in case of top-up plans are cheaper as compared to the conventional plans. Thus, the top-up plans are considered easy to access while considering the best health insurance in India.

However, you should not mistake a top-up health insurance plan as a health insurance rider. A top-up medical plan is not a rider or add-on that is available with a standard health insurance plan serving a specific health condition. An add-on or a rider is offered along with the basic health insurance plan. However, in case of a top-up health insurance policy, it works as a standalone health insurance plan.

Why Should You Top-Up Your Health Insurance Plans Online?

There are various advantages of buying a top-up health insurance policy. A top-up plan not only lowers the out-of-pocket payments, it also allows the insured to get healthcare treatment at a facility of their choice.

5 Advantages of Purchasing Top-up Medical Insurance Plans

1. A Top-Up Plan Allows Coverage Over the Basic Health Insurance Plans

The most noteworthy benefit of a top-up plan is that it acts as a supplementary health plan and provides financial support in case your basic health plan reaches its limit. With a top-up plan, you can be certain that your insurer will pay the added costs of your medical bill

2. A Top-Up Plan Fights Against the Growing Healthcare Costs

There has been an immense rise in India’s medical inflation. Hence, it is pertinent to invest in top-up medical insurance coverage to fight inflation successfully

3. Greater Protection at Cost-Effective Premiums

Top-up plans are economical and offer enhanced protection at a reasonable price. So, you can benefit from a wide cover at lower cost, thereby making it an ideal choice

4. Cover pre-existing diseases

Enhancing the basic health plan with a top-up insurance supports people with a family history of illnesses like diabetes, hypertension etc.

5. Tax Benefits

 Similar to other health insurance plans, you get tax exemptions for the premiums that you pay for your top-up policy.

Popular Health Insurance Companies

To Sum Up

A top-up health insurance policy enhances the limit of your health insurance at a lower cost. These policies serve the purpose of a substitute policy between your health insurance coverage and emergency health expenses. People with family floater plans are more likely to benefit from such plans. It also serves as a best choice for people who have a history of medical conditions.

With top-up coverage, you can stay protected from the extra costs in case of huge hospital bills. Hence, it is important to consider top-up plans online. Buying such plans online will allow you further benefits of receiving the cover at best possible rates. Further, you can compare plans and rates thoroughly to get the most cost-effective deal.

Related Articles by PayBima

• You Deserve the Best of Health Insurance – Find it with PayBima Advisory
• Different Types of Health Insurance Policies
• How to Choose Right Health Insurance Plan?

Other Health Insurance Products