Health insurance is the insurance that protects from any health emergencies & incurred hospitalization expenses. In this busy and hectic life, everybody should have a health insurance policy which can be very useful in emergencies. Health insurance is also known as Mediclaim policy means the medical policy which has the same meaning.

Critical Illness Insurance

Critical illness refers to life-threatening and severe health conditions, requiring extensive medical attention. Generally, treatment for such diseases requires prolonged medical care, whether in the hospital or at home.

Therefore, the expense involved with treatment for critical illnesses are generally higher when compared to the treatment for other diseases.

Top – Up Health Insurance

A top-up health insurance is a policy plan that provides additional medical coverage to people with an existing health insurance policy or an employer Mediclaim policy. A top-up plan comes with a mandatory deductible. It provides coverage only after the insured has paid the deductible amount.

Thus, a top-up health insurance is like an indemnity plan, which provides the same benefits as a basic reimbursement health insurance plan.

The only difference is the cost of deductibles that make these plans easy-on pocket. In a top-up plan, pre-medical screening is not required up to the age of 55 years and in other basic health insurance policies, it becomes mandatory after 45 years of age.

If your basic plan reaches the threshold, the claim for both top-up and individual health plan can be filed together. And you can easily both simultaneously from different insurance providers, who will be liable to pay off the part of their claims.

Top up medical insurance plans are affordable and more economical than the basic health insurance. These can also be taken along with the health coverage provided by your employer. A top up plan is not a rider!