What Is A Top Up Medical Insurance Policy?

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Let us consider that one has a health insurance policy of INR 3 Lakhs. One can take a top up policy of another INR 5 Lakhs. The insurance Company will pay up if ones medical bills exceed INR 3 Lakhs .If one runs a medical bill of INR 7 Lakhs then an amount of INR 3 Lakhs is payed from the first policy and the remaining 4 Lakhs from the top up health policy. The top up policy has a threshold limit beyond which the insurance Company starts paying up.In this case it is any amount beyond INR 3 Lakhs. Every time one falls ill he has to cross the threshold limit in order to claim benefits from these policies. There is also another kind of policy called the super top up policy. In this case if the threshold limit is INR 3 Lakhs and one has already run 2 bills of INR 2 Lakhs and INR 1 Lakh then the third time if one runs a medical bill of INR 2 Lakhs then one gets reimbursed unlike a top up policy where one has to exceed the threshold limit of INR 3 Lakhs every time.

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