Health insurance covers various types of medical costs that you need to incur due to an illness. Several Indians cannot receive high-quality or timely treatment for their health conditions, often due to a lack of insurance coverage. In fact, health insurance penetration in India is abysmally low, and most Indians don’t have any health insurance yet. If you’re one of them, you must buy the best health insurance plan in India now. Else if you have one, now could be the time to boost the insurance coverage. How? By opting for a super top up plan.
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Why Do You Need Super Top Up Health Insurance?
Many people often feel that employer provided health insurance is enough, but when you change jobs or at the time of retirement, this can leave you completely vulnerable. It’s better to have your own personal health insurance policy. Also, to get maximum coverage with minimum premium a super top up plan can be economical. The best super top up health insurance plan in India allows you to boost the coverage for both yourself and your family. The coverage amount it offers can be increased over and above your primary insurance policy once the latter’s insured amount becomes insufficient to finance medical expenses.
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Here are some reasons and benefits of choosing a super top up:
• Your regular insurance plan comes with a certain limit of the amount insured. So, the policy cannot cover any medical costs that you incur beyond the limit. These costs are bound to keep rising as medical inflation continues to grow at an unsustainable rate. Moreover, treatment for critical illnesses cost more. So, you can’t be sure whether your primary insurance plan can cover all these expenses. However, with a super top up, you can get peace of mind.
• An insurance boost can also help in case of accidents when your existing cover amount may again fall short.
• A super top up plan functions as a regular insurance policy but only after a deductible. It is the part of the claimed amount that the insurance provider needs not cover. You pay for it before the policy benefits kick in. So, you pay less premium with a higher deductible. Thus, a super top up boosts the health insurance limit at a reduced cost.
• You can link the policy with an employer-provided insurance plan when the waiting period for pre-existing diseases generally gets waived off.
• Like a regular insurance policy, you can enjoy tax deductions of up to ₹25,000 on the premium amount paid for the super top up under the Income Tax Act, Section 80D.
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What Makes ManipalCigna Super Top Up Health Insurance Plan the Best in India?
ManipalCigna offers all-around benefits of a health insurance boost under its super top up plan. Here’s a look:
• The eligibility criteria are simple. Children aged between 91 days and 23 years, and adults with only a minimum age of 18 years can apply for the policy.
• You get options to choose between individual and family floater cover types. The family floater is available for 2 adults plus 3 kids. The relationships covered include your spouse and dependent kids, parents, siblings, cousins, in-laws, and more.
• You can get a 5% increase in the sum insured every policy year for a maximum of 50% of the insured amount, irrespective of your claims.
• You can even enjoy a guaranteed cumulative bonus to beat medical inflation.
• You can receive coverage for any room category and for hospital admission costs longer than 24 hours. Plus, medical costs are covered for up to 60 days before hospitalisation and 90 days after discharge. You can receive cashless treatment at over 6500 hospitals in India.
• The plan covers medical expenses for dialysis treatment, irrespective of how frequently the insured needs hospitalisation.
• Costs to cure an ailment during the policy year with alternative treatments like AYUSH are also covered. This includes expenses under Ayurveda, Yoga, Naturopathy, Unani, Siddha and Homeopathy.
• Medical expenses for pre-existing illnesses can also be covered. Only a pre-existing waiting period applies for that.
• You can get insurance from ₹3 lakh to ₹30 lakh under the Super Top Up Plus plan with a premium of only ₹1,770 per year. You can receive insurance between ₹1 lakh and ₹30 lakh with a premium of ₹2,041 per annum under the Super Top Up Select plan. With both, you can save taxes on the premium paid. For detailed information on the premium and terms & conditions, kindly read product brochure and policy wording here, www.manipalcigna.com
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• You can buy any of these plans even if you don’t have a health insurance policy already. Just that you then need to pay for medical costs from your pocket until the deductible amount is crossed and the top up sum insured kicks in.
Now you know the benefits of having an insurance boost. So, once the sum insured by your existing insurance policy becomes inadequate, go for the best super top up health insurance plan in India from a reputed provider like ManipalCigna Health Insurance to enjoy a more secure future.
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