How to Find the Best Super Top Up Health Insurance Plan in India?

With medical inflation rising steadily over the past few years, a minor surgery along with hospitalization can set you back a few lakhs at the minimum. Hence, your health insurance plan must be able to meet your requirements. But, what if there are multiple hospitalizations in the same year? In such a case, your health insurance may prove to be inadequate in the face of ever-increasing costs.

What are your options in this scenario, then? Upgrade your existing plan or purchase a new one? Unlikely, since both are relatively expensive options. But, here, you can opt for a super top up insurance plan instead. Such a plan would increase your sum insured at a much lower premium than the other aforementioned options. So, it makes sense to take a look at the best super top up health insurance plans in India before making your decision.

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How Does a Super Top Up Plan Work?

Unlike regular health insurance plans, super top up plans come equipped with a threshold limit. This threshold limit is determined at the time of purchasing one of the best super top up health insurance plans in India. This is known as the amount that has to be covered by your existing health policy or by you. The super top up plan enters the picture once this threshold limit is exceeded.

Factors to Consider When Finding the Best Super Top Up Health Insurance Plans in India

1. Sum Insured and Premium Amount

This is one of the first aspects you should examine when selecting from the best super top up health insurance plans in India. The sum insured should be good enough to provide you with added coverage above your existing health insurance. On the other end, the premium amount should be not too high that it causes you financial difficulties. There should be a fine balance between the new coverage and the premium.

2. List of Network Hospitals

You should always opt for an insurance provider that has a wide range of networks or partner hospitals. This is because network hospitals allow you to avail of cashless treatments. In the case of cashless treatments, the medical bills are directly settled by the insurance provider.

3. Waiting Period

Another factor to consider when searching for the best super top-up health insurance plans in India is the waiting period. This period refers to the time during which you cannot make any claims to your insurance provider. The presence or absence of a waiting period varies from one insurance provider to another. Additionally, in the cases of insurance providers that have a waiting period in place, check the duration. So, you should carefully examine the waiting period policy among the best super top-up health insurance plans in India before coming to a conclusion.

4. Claim Settlement Ratio

Imagine a scenario where you purchased a super top-up plan with great coverage and low premium, but at the time of need, your insurance provider rejected your claim. This does not sound good, does it? Hence, you must check the claim settlement ratio when deciding which of the best super top-up health insurance plans in India to purchase. You should choose the insurance provider with a high claim settlement ratio, i.e. most of the claims are settled successfully. A claim settlement ratio of 95% and above is considered to be high.

In addition, you should also examine the claim settlement process. This is because anyone would want an insurance provider that settles claims quickly, and the process does not cause any anxiety or stress to them.

Deciding Which Best Super Top Up Health Insurance Plans in India to Purchase

An excellent super top-up plan protects you from the nightmare of huge hospital bills in case your primary plan is not enough, or its limit is exhausted. When deciding from among the best super top-up health insurance plans in India, make sure to consider the factors explained above.

Only you know your financial requirements the best. So, keeping these factors in mind, go for an insurance provider who provides a policy that aligns with your specific needs. Care Health Insurance is one such dependable insurer with policies that are designed for unique financial profiles. So, remember to do your research and make the right call, to alleviate any financial stress related to medical expenses.