An alarming number of Indians, nearly 62%, shell out money from their own pockets to meet rising medical expenses. To ensure that you are covered extensively, consider buying a top-up health insurance policy in addition to regular health insurance. This will make certain that you do not have to spend a chunk of your life savings to pay for medical costs that may not be covered by your health insurance plan, such as the cost of surgery or organ donor expenses.
Consider supplementing your health insurance plan with a Top-Up Health Insurance Policy from Bajaj Finserv and get wider health protection for yourself and your family. The sum insured ranges from Rs.3 lakh to Rs.50 lakh in exchange for an affordable premium and is a must-have if you are nearing retirement or have a family history of illnesses. Along with the benefit of a 15-day look-up or trial period where you can make your decision, this policy has several other features that make it a winner.
Here are some reasons why you should choose to invest in a top-up health insurance plan.
High sum insured
A top up health insurance gives you access to a high amount of up to Rs.50 lakh that can be put towards a number of costs, especially if your health plan offers limited coverage. It will allow you to cover pre- and post-hospitalisation costs, for example, as well as ambulance expenses.
Multiple member coverage
Your family’s health is just as important as yours, and so a top-up health insurance plan helps you cover multiple members in one go. You can cover up to 6 people in your family including your parents. Further, if you and your spouse are insured by Bajaj Finserv, your children between the ages of 3 and 18 are covered too.
Reduced waiting period
A long waiting period hampers how effectively you can use your health insurance policy. To tackle this, you can buy a top-up. The top-up insurance policy reduces the waiting period to 12 months for pre-existing diseases. Further do not require any pre-medical tests up to the age of 55 years as long as your proposal form is clear. You can also get a free medical check-up done to a specified limit once you complete 3 years of holding the policy continuously.
If you need to hospitalise yourself or loved one in an emergency or at an odd hour when you have no cash on you, this policy is extremely handy. You can visit any one of the 5,700 registered hospitals across India and receive treatment instantly.
Under section 80D of the Income Tax Act you can save significantly on taxes when you avail a top-up health insurance plan.With a top-up health insurance policy, you can protect yourself and your family members from an accident or illness and breathe easy. So, to strengthen your health insurance policy, check your pre-approved offer from Bajaj Finserv and apply for a top-up plan without further ado.