back arrow Back

Base policy with capping and top up without capping

reply Share
10 Mar, 2021 by  Jimeet Gala

My father has a base policy with united India of Rs. 5 lakhs. I am planning to buy a top up plan of 20 lakhs with 5 lakh deductible from hdfc.

The base policy of united India has capping whereas the top up doesn't have capping.

My question is, whether the topup would cover the policy as per the base policy terms and conditions or without capping?

like like
0
Health Insurance

1 Answer

Post
15 Mar, 2021

Dear Jimeet,

Please note the base policy and top up policy are both altogether different policies. The top up policy would have its own specified waiting period and exclusions. It is advisable to preferably take a top up cover from the same insurer as the one with whom the base policy is issued. One more important thing to factor in is to take a top up plan with the same date as your base policy commencement


like like
0
icon-comment 2 Comments
icon-reply Reply
17 Mar, 2021
Jimeet Gala
Thank you Sathish for your reply. Yes I am aware about the same date and to take from the same company itself. But since the base policy has a capping, I preferred HDFC over it. And before proceeding, just wanted to understand whether HDFC will also consider capping, since my base policy has capping of 1% of Sum insured?
like like
0
17 Mar, 2021
Hey Jimeet, good to know you are aware of the important factors to be considered for a top up cover. As Top Up plans are a completely different ones as compared to your base plans you will have to check the policy wordings for the top up cover you are trying to buy to know whether there's a capping applicable with regard to room rent capping.
like like
0
Discover the best tips for insurance every week!
beshak logo

Beshak is your source for clear, research-backed information & analysis of insurance plans. Our sole focus is to help you make well-informed decisions on insurance. We don't sell or advertise insurance plans or companies.

facebook icontwitter iconlinkedin icon

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business. © Copyright 2021 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to info@beshak.org now 🙂