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No Room Rent Capping | No Medical Check-up up to 55yrs | Tax Benefit up to 75k | Buy Health Insurance starting @ ₹244 pm

What is Top Up Health Insurance?

A top up health insurance plan is additional insurance coverage for individuals who already possess a health insurance plan. By purchasing such a plan, you can effectively extend the sum insured beyond what’s provided by the base insurance policy. 

 

Once the sum insured offered by your base health insurance policy has been utilised completely, the sum insured provided by your top up health insurance plan comes into effect. This ensures that your medical expenses continue to get covered, even after you exhaust the coverage of your base policy. 

 

Since the premium of a top up health insurance plan is highly affordable, opting for it is far more cost-effective than purchasing a new health insurance plan.

 

Read More

Why Do You Need a Top-up Health Insurance Plan?

Here are a few reasons why you should avail a top-up health insurance plan:

  • Extra Coverage

Top-up health insurance plans offer a financial backup to your regular health insurance plan. The top-up plan comes to your rescue when your existing plan’s coverage gets exhausted.

  • High Coverage At Low Premiums

Top-up health insurance is easy on your pockets. So, buying this plan allows you to enjoy comprehensive health coverage at an affordable rate. You can use an online health insurance premium calculator to calculate the premium amount for your policy.

  • No Medical Test Required

If you are below 55 years and you have a clean proposal form, you can steer clear of any medical tests to buy a top-up health insurance plan.

  • Tax Benefits

Top-up health insurance plans are eligible for deductions under Section 80D of the Income Tax Act, 1961.

Check Out The TOP-Up Health Insurance Plans Available at Bajaj Markets

The top-up health insurance plans on Bajaj Markets offer a wide range of excellent features. Check out the below table to understand the plans in detail:

Policy name

Benefits

Premium costs

Bajaj Allianz Extra Care Plus

Floater plan which covers your family in a single sum insured

No medical tests up to the age of 55 years

Cashless claim option in approximately 6000+ hospitals

Covers ambulance charges and maternity expenses

Claim settlement ratio of 98.61%

Starting at ₹2,194

Aditya Birla Activ Assure Diamond Plan

Maximum coverage from ₹2 Lakhs to ₹50 Lakhs

Minimum entry age of 5 years in case of an individual plan and 91 days for a family floater plan

Lifetime renewability option

Claim settlement ratio of 99.36%

Starting at ₹3,887

Care Health Insurance Plan

Maximum coverage from ₹3-₹6 Crores

Maternity care costs covered

Covers ambulance charges

Daily cash allowance

Co-payment waiver for senior citizens

Claim settlement ratio of 100%

Starting at ₹5,277

 

Disclaimer: The premium costs mentioned are indicative and subject to change based on the policy terms. 

How To Buy Top-Up Health Insurance On %$$Brandname$$%

Simply follow the below steps to buy a top-up health insurance plan on Bajaj Markets online:

  • Step 1: Get a quick quote by entering your details.

  • Step 2: Select the top-up coverage you need.

  • Step 3: Provide personal details as mentioned.

  • Step 4: Review the policy and verify the details.

  • Step 5: Make the premium payment online.

  • Step 6: The insurer will issue the top-up plan on your existing health cover in no time.

What is Covered & Not Covered Under Top-up Health Insurance Plans?

To know better about the inclusions and exclusions of a top-up health insurance plan, take a look at the table below:

Inclusions (What is covered)

Exclusions (What is not covered)

Pre- and post-hospitalisation expenses of 60 and 90 days

Does not cover treatment costs for diseases that have been diagnosed before or within 30 days of purchasing the plan

Covers organ transplantation costs that include one week of hospitalisation charges and medicine costs for one month

Costs of non-allopathic medications

Maternity cover benefit with a waiting period of 12 months

Expenses incurred on dental surgeries or cosmetic treatments

Covers day care facilities for treatments requiring less than 24 hours of hospitalisation

Does not include treatment costs for excluded diseases like AIDS

Covers ambulance charges up to ₹3,000 during hospitalisation

Does not cover treatment costs for mental illness or any other psychological disorders

 

Why choose Bajaj Markets to Purchase Top-up Health Insurance Plans

Wondering why Bajaj Markets is the right option for buying top-up health insurance plans? Continue reading!

1. Trusted Companion

A customer base of over 100 million trust us and have availed the service to get the right plan. Choose us and you are sure to enjoy our services too!

2. Quick Claim Settlement

No hassles or long waits during claim settlement! We promise a hassle-free health insurance claim settlement process with no third-party involvement.

3. Insurance Wallet App

You can make the most of Health CDC (Claim by Direct Click)–an insurance wallet app–for instant claim settlement of bills amounting to ₹20,000.

4. Tailor-Made Insurance Plans

If you are looking for plans that cater to specific needs, you are at the right place! With options like lifetime health insurance renewal, we offer the best customised insurance plans.

5. Extensive Coverage

Now get treated at more than 6,500+ empanelled hospitals across India with a sum insured ranging from ₹3 Lakhs to ₹50 Lakhs.

Top-up Health Insurance Plans vs Regular Health Insurance Plans

Health insurance top-ups are just an extension of regular healthcare plans. Yet, both are different in multiple ways. Let’s understand how a top-up health insurance plan is different from a base plan.

Particulars

Top-up Health Insurance Plans

Regular Health Insurance Plans

Objective

Top-up health insurance plans are an extension of a base policy, providing additional coverage. Since it is an add-on cover, you need to pay an extra premium.

Regular health insurance plans are primary healthcare policies that protect you against unforeseen medical emergencies. The premiums of such base plans depend on the extent of coverage chosen by you.

Claim Process

Claim process is straightforward. Depending on the insurer, you can either avail cashless claims or reimbursement options.

The claim process is effortless. Based on your insurance provider, you can make cashless or reimbursement claims.

Deductibles

Top-up health insurance plans generally have higher deductibles.

Regular health insurance plans come with lower deductibles.

Switching Insurers

Switching to a different insurance provider can be complicated.

Switching to a different insurer is easy.

Type of Plan

Top-up health insurance plans are purchased over and above your base plan for extra protection.

Regular health insurance is a standalone plan.

 

Top-Up Health Insurance Plan Claim Process

Now that you are aware of what a top-up health insurance policy is, check out the step-by-step guide on how to claim it.

How to File Cashless Claims

  • Step 1: Inform your insurer about the incident and visit a network hospital.

  • Step 2: Submit health insurance plan details and take the pre-authorisation form.

  • Step 3: The insurer then examines the form, and the hospital is notified about your policy details.

  • Step 4: Once discharged, the hospital will share medical bills and discharge papers with the insurer.

  • Step 5: The claim will then be directly settled with the hospital after reducing the co-payment (if any).

How to Get a Reimbursement Claim

  • Step 1: Share the required original medical documents, hospital bills, and insurance claim forms with your insurer.

  • Step 2: The insurance provider evaluates the details and may ask for any additional information if required.

  • Step 3: Your claim settlement is made post verification.

  • Step 4: You will receive the claim amount based on the policy terms and conditions.

Documents Required for Filing an Insurance Claim

Here is a list of documents you need to submit for raising an insurance claim:

  • Duly filled claim form

  • Original copy of hospital discharge summary or card

  • Prescription and cash invoices from pharmacies and the hospital

  • An investigation report by the doctor

  • Medical Certificate

  • Health insurance policy document

  • In case of an accident, FIR or Medico Legal Certificate (MLC)

Quick Overview of Health Insurance Top-Up

Best Health Insurance Plans Available at Bajaj Markets

FAQs on Top-up Health Insurance Plans

✔️What is a top-up health insurance plan?

A top-up health insurance plan is an add-on cover that supplements your base health care plan for extra coverage.

✔️What are the features of a top-up health insurance plan?

A top-up health insurance plan offers a range of features. A few of them include:

  • Convertible to a base health insurance plan

  • Comes in handy when you exhaust the limit of your base plan

  • Lifetime renewability option

  • Health top-up plans are eligible for tax deductions under Section 80D

  • Offers bonus for every claim-free tenor

✔️What is covered under a top-up health insurance plan?

Top-up health insurance plans cover the following expenses:

  • Organ donor cost

  • Ambulance charges

  • Pre- and post-hospitalisation charges

  • Maternity benefit cover

✔️When should I use the top-up health insurance plan?

Top-up health insurance plans are beneficial when your medical bill (during hospitalisation) exceeds the total sum insured of your base plan.

✔️Do I need a top-up health insurance plan?

Health insurance top-up plans come to your rescue in events where medical bills exceed the maximum indemnity amount offered by your insurer. So, it is especially crucial for people who have old parents or grandparents to look after.

✔️I already have a health insurance plan. Why would I need a top-up health insurance plan?

A basic health insurance plan offers protection for you and your family against financial contingencies that may arise due to medical emergencies. However, what does one do if the total sum insured gets exhausted? 

 

Here’s where an individual top-up health plan helps. It acts as a supplement over and above your existing health insurance plan. If you are bound to change your job, a top-up health insurance is a must as it will supplement your savings especially when the costs incurred due to medical treatment are more than your savings.

✔️What is a 'Deductible'?

The term ‘deductible’ refers to the cost/specific amount that you have to bear before the insurance provider starts paying for your expenses. Simply put, the insurer will settle your claim only when the amount exceeds the deductible. 

 

If your deductible is high, then the premium paid will be less and the vice versa. For instance, if you file a claim for ₹50,000 and have a deductible limit of ₹ 25,000, then your insurer will pay only the remaining ₹25,000.

✔️What are the benefits of top-up health insurance plans available on Bajaj Markets?

Top-up health insurance plans on Bajaj Markets provide the following benefits:

1. Coverage of costs in the event of in-patient hospitalisation

2. Pre- and post-hospitalisation costs (60 days prior and 90 days post-hospitalisation)

3. Certain costs related to organ donor procedures

4. Day care treatment costs

5. Coverage of ambulance expenses in the event of road accidents

 

✔️What is the eligibility criteria to avail top-up health insurance plans on Bajaj Markets?

The basic eligibility criteria would be your entry age. This should be between 91 days and 80 years.

✔️Is it possible for me to save on taxes on the policy premium?

Yes. The premiums paid for health top-up plans are exempted from tax under Section 80D of the Income Tax Act.

✔️What factors will affect my top-up health insurance plan premium?

The factors that can influence your top-up health insurance plan premium are as follows:

  • Age

  • Residential location

  • Deductible

  • Sum insured

In fact, you can use the online health insurance calculator available on Bajaj Markets to determine the policy cost for your desired coverage and top-up benefits.

✔️Can I buy top-up health insurance on Bajaj Markets?

Yes. You can buy top-up health insurance online on Bajaj Markets.

✔️How to buy Bajaj Allianz Extra Care Plus top-up health insurance?

Follow these steps to buy Bajaj Allianz Extra Care Plus at Bajaj Markets:

Step 1: Get the quote by entering the details of the person being insured.

Step 2: Select the top-up coverage you need.

Step 3: Provide personal details, as requested.

Step 4: Review the policy and verify the details.

Step 5: Do an online payment of the premium.

Step 6: The insurer will issue the top-up plan on your existing health cover in no time.

✔️How to raise a claim against my top-up health insurance plan?

The claim process for health insurance top-up on Bajaj Markets is as follows:

  • Register your claim request online.

  • Upload the necessary documents.

  • The insurer will assess your claim and make a decision.

  • If the claim is approved, the insurer will proceed to settle the amount directly with the hospital or reimburse the same into your bank account.