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Basic Policy vs Top Up for Health Insurance

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30 Mar, 2022 by  Vijay Kumar

Basic Health Insurance policy costs around 10,000 for 10 Lakhs cover for major Health Insurance firms like HDFC, ICICI, TATA etc. However, Top Up plan is quite cheap.


Does it make sense to buy basic policy with higher sum insured in the likes of 25 Lakhs or should I just buy a basic plan for 10 Lakhs and a top up plan of 15-20 Lakhs?

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A topup will usually have no benefits like a restoration or a no claim bonus benefit, it's advisable you buy a minimum 10 lac coverage and a super top up from the same company to the extent of whatever you're comfortable.


You always want to first get your base plan right in terms of coverage, it has to be comprehensive enough and then buy a super top up on top of it.



Also buy a bigger super top up if you can as it'll tc of your inflation adjusted costs over long term.

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30 Mar, 2022
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Yes, agree with Mr. Pankaj, and top up plans have sublimits on room rent and likes.


So it's always advisable to go for base policy of atleast 10L + top up for higher coverage so that when the needs arises, you don't have to worry financially.


If my clients are fit, I always advise them to go for 95 lakhs top up, since medicals are insisted for higher coverage, better to buy an insurance when we are at good health.

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31 Mar, 2022
CEO, Insurance Samadhan

Dear Vijay rrs

It all depends on your budget , age and life style .

Combination of base plus super Top up is always recommended.

Higher the deductible the lower will be premium of super top up . So go and buy super Top up with deductible of rs 10 lakh .

In 90 % cases you can work within Rs 5 lakh hence go for base plan of rs 5 lakh .

Crrate an emergency fund of rs 5 lakh through mutual fund .

You will save money whivh will help in creating emergency fund which may help in many other responsibility.

Best wishes

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01 Apr, 2022
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Dear Vijay,

The main advantage of buying a super top-up is to get high cover with low premium.


Now there are some base insurance policies with high cover and low premium.


If you keep one policy then it will be easy to process the claim .


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