The name of this policy is Super Top-up Medicare (Revised). It comes with a deductible, which ranges from Rs 2-25 lakh. In this, the option of Sum Assured from Rs 3 lakh to Rs 95 lakh can be selected.
United India Insurance Company has introduced a new top-up policy. It offers a large cover of up to Rs 95 lakh to the policyholder at a very low cost. In view of the rising medical expenses, people want to take a policy with a higher cover. Let us know what are the special features of this top-up policy.
What is the Maximum Sum Assured?
The name of this policy is Super Top-up Medicare (Revised). It comes with a deductible, which ranges from Rs 2-25 lakh. In this, the option of Sum Assured from Rs 3 lakh to Rs 95 lakh can be selected.
How much will the premium come?
A 40-year-old who opts for Rs 5 lakh deductible with a cover of Rs 95 lakh will have to pay a premium of Rs 6,552 annually. For a sum assured of Rs 20 lakh, this person will have to pay an annual premium of Rs 3,744.
What does it cover?
Like a regular health insurance policy, this policy covers hospitalization as well as pre and post hospitalization bills. If your limit is less than Rs 10 lakh, then you can get reimbursement of Rs 15,000 by availing the facility of home treatment. If the deductible exceeds Rs 10 lakh, this amount increases to Rs 30,000.
What doesn’t cover?
Diagnostic test expenses (which do not require hospitalization), sex change surgery, cosmetic surgery and unproven treatment etc. are not covered in this policy. It also does not cover maternity expenses. If you are above 60 years of age, you will have to undergo a health check-up before taking the policy to take this policy.
Discount facility as well
Preeti Zende, Founder, Apna Dhan Financial Services said, “A government insurance company is offering this policy. It has a very wide range of network hospitals and TPAs. Family discount is 5 per cent, online discount is 10 per cent and staff discount is 15 per cent. This significantly reduces the premium of the policy.
There is no option to include parents in the family floater. Abhishek Bondia, Co-Founder, SecureNow Insurance Brokers, said, “The objective of buying a top-up is to increase the overall coverage. So the sub-limit is a major drawback for modern methods of treatment.”
Health policy premium has increased after the corona epidemic. This year it has increased by 15 per cent. The reason for this is the increase in claims due to Kovid-19. Buying a top-up policy is an affordable way to increase your health insurance cover
