How Can You Customise Your Health Insurance With Top Up Plans?

  • Author :
  • TATA AIG Team
  • Published on :
  • 03/11/2021

We live in the age of customisation: from the filling in your sandwich to the number of caffeine shots in your coffee, from the cover of your mobile phone to the colour of your hair, almost every product and service can be customised in accordance with your wishes and preferences. The increasing demand for customisation has propelled insurance companies to incorporate an element of flexibility in their products.

Therefore, now you can customise your medical insurance plan and purchase health insurance coverage in line with your requirements. From the sum insured under your health insurance plan to the additional covers you opt for, there is ample room for customisation in modern-day medical insurance plans. Even the seemingly simple fact that you can now buy health insurance online makes customising your plan simpler and more feasible.

One of the easiest ways to customise and enhance your medical insurance plan is through the addition of health insurance add-on riders. However, since such riders can only be purchased along with a medical insurance plan, it is not possible to add them in the middle of a policy year. You have to wait till the renewal of your plan for adding any health insurance rider to it.

However, with a top-up health insurance plan, you can enhance your health insurance coverage any time during the year. What’s more - such a plan is usually lighter on your wallet than buying another medical insurance plan would be.

At Tata AIG, one of the types of health insurance plans we offer is a Super Top-Up Health Insurance Plan - a plan that offers you sufficient additional health insurance coverage to supplement your basic health insurance as well as functioning as a standalone plan.

Here Is How You Can Customise Your Medical Insurance Plan

With the purchase of the Tata AIG MediCare Plus Plan, you can easily enhance the overall sum insured for your health insurance. Let us understand how this plan can help you customise your health insurance with the help of an example.

Example 1
Ms Ramya had a basic health insurance cover of ₹3 lakhs with Tata AIG. During the first policy year, she met with a severe car accident that left her with a damaged leg needing surgery. The cost of the surgery and the hospitalisation that preceded and succeeded it, along with the expenses associated with medicines and the long rehabilitation process amounted to a total bill of around ₹4.5 lakhs.

Since Ramya's original health insurance coverage was restricted to ₹3 lakh, she could have had to pay ₹1.5 lakhs from her own pockets. However, Ramya was far-sighted and prudent and had, therefore, also invested in a Tata AIG Super Top Up Health Insurance Plan to prepare for such a situation. This plan provided her with additional coverage of ₹2 lakhs, thereby enabling her to be able to manage the remainder of her hospitalisation and rehabilitation expenses.

By choosing a health insurance top-up plan, Ramya had ensured that she had sufficient health insurance coverage to help her deal with any untoward health-related events. Her choice of the plan entitled her to several benefits, including:

  1. A higher health insurance coverage at a lower additional premium;
  2. Access to cashless insurance at a wide network of hospitals across the nation;
  3. The security of a TATA promise;
  4. A paperless application and policy delivery that ensured no harm was caused to the planet in the process;
  5. The facility of a seamless claims process;
  6. Round the clock assistance from the Tata AIG support team;
  7. An association with an insurer that has a high claim settlement ratio.

A super top-up health insurance plan helped Ramya wade through the murky and tempestuous waters of an accident, the subsequent surgery, and a difficult recovery without having to worry about how she was going to be able to settle her medical bills.

Not only does our MediCare Plus Plan allow you to enhance your health insurance coverage, but it also ensures that if there are any covers missing in your basic medical insurance plan or a group mediclaim policy, you can have those benefits in your top-up health insurance plan.

Let us understand this with the help of another example. Example 2
Mr Amish was enrolled in a group health insurance plan courtesy of his employment at a multinational corporation. Initially, he thought that this plan was enough to cover any health-related concerns he may have to face. However, when his close friend Gia had a cardiac arrest and underwent a stent insertion, Amish realised that his health insurance coverage was not even scratching the service of his potential health insurance requirements.

Therefore, Amish went ahead and conducted some research on the best top-up health insurance plans in India. He weighed different plans on various parameters, including their coverage, cost, the health insurance claim settlement history of the insurers, etc. He was also thrilled to find out about health insurance tax benefits of which he had hitherto been unaware.

The fact that not only do medical insurance plans, basic and top up alike, provide one health insurance coverage but also offer tax benefits seemed like another reason to opt for a top-up health insurance plan to Amish. With the Tata AIG MediCare Plus Plan, he got several benefits he did not have in his previous policy, including AYUSH benefits and an Optional Global Cover.

In Conclusion

By buying a health insurance top-up plan, Ramya and Amish could enhance their medical insurance coverage as well as customise it. You can also do the same and be assured of adequate health insurance coverage with Tata AIG.

It is easy and safe to buy health insurance online at our official website. With just a few clicks, you can take considerable strides towards protecting yourself against any health-related mishaps.

Disclaimer / TnC

Your policy is subjected to terms and conditions & inclusions and exclusions mentioned in your policy wording. Please go through the documents carefully.

Related Articles

Tata AIG Also Offers Insurance for the below products

Car Insurance

Travel Insurance

Two Wheeler Insurance

Health Insurance