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how does deductible work when you buy multiple super top up policies?

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31 May, 2021 by  Clinton Fernandes

Top up/super top up query


Let us assume a base cover of Rs 5 lakh SI, a super top up of Rs 15 lakh SI with Rs 5 lac deductible. If a person wants to add another super top up, can he/she do it? If yes, is it true that the fresh deductible on the new super top up should come from a base cover only (and not as part of claims paid under the first super top up)?


In other words, what are the things to know when buying more than one top up policy?

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31 May, 2021
Clinton Fernandes

I have got the answer through some basic search. The sub-limit and co-pay both will be applied, is what i have found. I hope i am right.

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31 May, 2021

Dear Clinton

Super top us is a separate policy and you are free to buy as many as you wish but I do not recommend buying more than one .

My answers are given below :

1. Yes you can add but this would be very expensive . Buying higher sum assured is more economical than buying new super top up .

2. Deductible of Rs 5 lakh would apply whenever you use super top up .

3. I don't see any benefit of buying two super top up plans.


Shailesh

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01 Jun, 2021
Clinton Fernandes
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04 Jun, 2021
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