Super Top-up For Senior Citizens: Benefits & Buying

Super top-up health insurance plans provide crucial financial protection for senior citizens, addressing their healthcare needs and safeguarding their savings from emergency medical spends. As medical expenses continue rising, these plans offer an essential safety net to ensure senior citizens access to quality healthcare without worrying about huge bills. In this guide, we will explore the benefits of super top-up plans for senior citizens and guide you through purchasing one.

Benefits of super top-up health insurance for senior citizens

• Higher sum insured

One of the significant advantages of super top-up plans is that they offer a higher insured sum compared to base health insurance policies. This higher coverage is vital for senior citizens who are more prone to illnesses and require increased financial protection.

• Financial safety net

Senior citizens often find their retirement funds at risk due to unexpected healthcare expenses. Super top-up plans act as a financial safety net, ensuring their hard-earned savings remain intact and untouched by medical bills.

• One-time deductible payment

Unlike basic health insurance plans, super top-up plans cover medical expenses above a pre-decided deductible amount. Once this amount is paid by the policyholder during the policy term, the remaining claim amount will be paid by the insurance company throughout the term.

• Critical illness support

Critical illnesses can be financially draining, especially for senior citizens. Within a super top-up plan, seniors can choose to take additional coverage for critical illnesses, which offers peace of mind during medical emergencies.

• Additional coverage

Super top up plans for senior citizens often include coverage for pre and post-hospitalisation costs, alternative treatments like Ayurveda, Yoga, Unani, Siddha, and Homeopathy (AYUSH), ICU charges, and other medical expenses.

How to buy a super top-up for a senior citizen?

Follow these steps to buy a super top up for senior citizens:

• Research

Begin by researching the available super top-up policies in the market. If you are buying the policy for your parents, consider their medical history, health conditions, and your budget while evaluating different plans. Read the policy T&Cs carefully to understand the benefits and limitations. 

• Submitting details

Once you've identified a suitable super top up health insurance for senior citizens, visit the insurance provider's official website offering the policy. Fill out the required details. You should provide accurate and complete information to ensure a smooth application process.

• Accuracy check

Before submitting the details, double-check the accuracy of the provided input. Any errors or discrepancies could lead to issues at the time of claim.

• Medical check-up

Depending on the insurance company's policy, senior citizens might need a medical check-up at designated diagnostic centres. This step is crucial for the insurer to assess their health status accurately.

• Policy issuance

After completing the necessary steps and submitting the required documents, the insurance company will issue the super top-up health insurance plan. You will receive the policy documents along with the terms and conditions.

If you are not able to get a fresh insurance policy for your senior citizen parents due to their age, you can look at super top-up plans for yourself, that offer adding your parents under the coverage. This is possible within family floater policies. Also, look for lifetime renewable policies, so that once your parents are insured, they can be covered for life without worrying about renewable eligibility every year.