Health insurance plans offer various benefits like covering medical expenses, bills of doctor and act as a financial help but sometime over expense may happen which can cover by top-up plans.
Health Insurance plans are like the backup or may call protector of people in some serious problems or illness which are life snatching and also have expensive treatments. Besides this, a right health insurance plan is like an assurance for the insured while he/she faces some kind of difficulties; there are lots of people in every country who dies or suffers with lifelong pains due of lack of support. It is a guide, a friend, a helper, an assurer, a good protector which means an overall coverage for insured person but still it is not enough to get fully covered and having all kind of money while in danger.
Health is wealth and no doubt freaking for being healthy and fit is become a mania now-a-days; after advanced technologies and lifestyle people get affected easily. People are now-a-days fell ill often and pay a huge amount of money to get rid of that illness, for treatment n good hospitals etc. but spending so much for treatment is not a matter of joke as everyone has not that capability. Health Insurance Policies in today’s scenario works as a support system, but still people should take care of themselves to prevent serious illness. Health Insurance Plans are essential for every person as it gives security and safety to the insured person with various benefits. There are various kinds of health insurance policies such as Individual Health Insurance Plans, Family Floater Plan, Children Insurance Plan, Car Insurance Plan, Mediclaim etc.
But it is advisable to buy a policy for the parents or old persons of the house as it gill protect them in the time of critical illness or provide the expenditure while hospitalization. Though there are various terms and policies in every health insurance policy and various companies provide various additional benefits to their customer.
Having an individual health insurance is a great thing but if an employer doesn’t have any personal health insurance it is better to have an employer’s health insurance plan. More than that, to consider the soaring healthcare expenses, the existing policy coverage being offered by the employer is not enough for the employer. This health insurance is not cheap so it is better to have a better option at a much affordable rate which will give dual benefit like covering medical expense and saving tax.
This plan is called the Top-up plan which adds extra coverage upon the existing health coverage and helps to get the medical expenses balanced. Top-up policies are also known as a back-up plan to support medical emergency, these plans also keep the insured covered even if the basic policy sum insured is exhausted in the time of a medical emergency.
Attractive features of Top-Up Plans:
Though top-up plans come with a lesser premium but they are a little bit risky as these plans are escorted by a deductible clause, over and above which the policy can be used in case of emergency.
These plans can be bought separately, along with insured’s regular health insurance.
The policy sum insured can be served as individual and floater basis.
These plans can be bought from any insurance provider.
Thus health insurance plans serve insured with the dual benefit of medical cover and tax saving. If the insured add a top-up plan with the existing policy, the benefit even get doubles which offers the much-needed boost to the regular policy by increasing the coverage and further aids to tax deductions.