Boost Your Health Insurance with 5 Unique Add-On Covers


Indemnity Covers: Indemnity covers provide you freedom to choose your preferred doctor, hospital and the services you want to avail, without much pressure from the insurer to stick to one. The insurance company pays a set portion of your total charges, and is also referred to as “fee-for-service” plans. This policy is often advisable for employees above the age of 45 and they can continue the policy even after their retirement. The sum insured in this cover is the upper limit. Currently, the claim process for policyholders has become easy and simple for indemnity cover.

Top-Up Plans: In the date of rising costs, the general health insurance policies provided by the employers are not enough to sustain the extra costs in certain situations. Top-Up Plans from health insurance companies do wonders exactly like a safety jacket. Top-Up Plans are the cheapest policy add-ons available, costing to approximately 2000 per year. This plan is made active only when you run out of the amount from your basic policy.

Defined Benefit Plans: The regular health policies do not cover your additional expenses like the travelling expenses of your attendant while you are in hospital, the food intake and others apart from the hospital bill. The change in lifestyle to supplement your health and the heavy cost of a long-term continued medication is again excluded from the health policies. The solution to this is the Defined Benefit Plans that can handle the expenses and can give you a set of pre-defined benefits irrespective of low or high costs, procured from the hospital. These plans can hand you a lump sum of money or can pay on a daily basis on account of your need.

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