United India Super Top Up Medicare Policy

Objective

This is a top-up policy where the company will pay medical expenses when total bills exceed the Deductible limit. Deductible is the part of the medical bills that has to be paid by you before the insurer takes over to pay the rest.
Other top-up plans apply deductible limit to each hospitalisation in a policy year, i.e.  the policyholder has to pay up to the specified limit every time medical services are availed in a policy year. This plan sums up the annual expenses of each hospitalisation to reach the deductible limit. Insurance company pays, up to sum insured, for every hospitalisation after the deductible limit is breached.

Suited for

This policy is suitable for those with a basic health insurance policy looking to increase the sum insured. A top-up plan can lower the impact of rising medical costs. It can cover an individual or a family of proposer, spouse and 2 dependent children on floater basis. Parents can be covered under separate policy.

What does it do?

This policy covers inpatient treatment if hospitalisation exceeds 24 hours. It covers medical expenses, room rent, boarding, surgeon fee, anesthetist fee and specialist fee up to the sum insured. It also indemnifies   hospitalisation expenses incurred for a donor in case of an organ transplant. Treatments that do not require a 24-hour hospitalisation are covered under day care procedures.

Pros

Premiums paid under this plan qualify for deduction under Section 80D of Income Tax Act. Unlike peers, the deductible limit applies to claims on an aggregate basis.

Our View

This plan is recommended. If one wants to enhance insurance cover, it’s more cost-effective to take a top-up policy instead of choosing a new basic health policy as these are cheaper as compared to basic policies.
United India Super Top Up is a one of its kind policy which sums up the inpatient treatment cost to reach the deductible.