Similar to Top-up health plans, Super Top-up health insurance plans offer insurance benefits. Both are employed to increase insurance coverage while lowering the overall rate. ## The primary distinction is that a Super Top-up Plan provides coverage for all hospital expenses beyond the threshold limit, whereas a top-up policy only does so for a single hospitalisation claim (i.e. the Deductible amount). *
In light of this, if you are considering purchasing a top-up health plan or a super top-up health plan and want to understand the distinction between a top-up plan and a super top-up plan, you have come to the correct place:
Difference Between Top-up and Super Top-up Table
Below is a comparison of Top-up and Super Top-up health insurance plans:
|Top-up Health Plan||Super Top-up Health Plan|
|Number of Claims||The single claim above the deductible limit *||Cumulative bills during the course of a policy once they surpass the deductibles *|
|Deductible Paid *||On each and every claim||Once during a policy year|
Both the health insurance top-up plans in the aforementioned table have an amount insured of Rs. 10 lakh. The 2 lakh rupee deductible was selected. The claim was for Rs 5 lakh. Also, the insurance firms reimbursed the customer Rs 5 lakh under both plans. *
That was Rs 6 lakh when the second claim was submitted. In such a situation, anyone having a top-up health plan was required to pay a deductible of Rs. 2 lakh and the insurer covered the remaining Rs. 4 lakh. Holders of super top-up health insurance did not have to make any payments, and the medical insurance provider covered the entire claim amount or Rs. 6 lakh. *
A Super Top-Up plan has a modest advantage over a Top-up health plan in this situation.
What Does a Top-up/Super Top-up Plan Deductible Mean?
Deductibles are the upper bounds that health insurance providers have set. It serves as a safety net for the insurance provider and discourages the filing of many unnecessary medical claims. *
The policyholder is responsible for paying this sum. Health insurance companies do not cover deductibles. They only cover the excess over the deductibles. Fundamentally, you are responsible for paying the deductibles, and the insurer will cover the excess up to the sum insured maximum. *
This is an illustration to help you understand health insurance top-up plans:
Let’s imagine you have a base health insurance policy of Rs 10 lakh, and you add a Super top-up worth Rs 5 lakh. If the deductible is Rs. 2 lakh, the insurance provider will cover all expenses up to and including Rs. 10 lakh, which exceeds the deductible. One plan may have a different deductible than another. *
Choosing the best alternative
The experts advise choosing a Super top-up plan to cover the likelihood of chronic conditions necessitating more than one hospital stay every year. Also, the premium is less expensive than purchasing a separate health plan with a higher level of coverage. Also, it is appropriate for senior persons who frequently need medical procedures.
Both top-up health insurance and super top-up plans offer additional financial protection to individuals against high medical expenses. However, there are significant differences between the two, including their coverage limit, deductible amount, and premium cost. While top-up plans are ideal for individuals who have a basic health insurance policy, super top-up plans provide comprehensive coverage and are suitable for individuals who are at a higher risk of medical emergencies. Therefore, it is essential to evaluate your needs and requirements and understand what is top-up in health insurance before selecting a plan that best suits your medical needs and budget. Ultimately, choosing the right health insurance top-up plan can ensure that you have adequate coverage.
* Standard T&C Apply
## All savings are provided by the insurer as per the IRDAI-approved insurance plan. Standard T&C apply
Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.