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Individual Super Top Up - Base Policy Family Floater - How to choose Deductible

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15 Feb, 2021 by RAHUL PARASRAMPURIA

A person has a family floater health insurance policy of Rs 10 Lacs. The person wishes to obtain a Super top up policy for himself and his spouse - as separate individual policies and not a family floater policy . What should be the ideal deductible opted in the Top Up to ensure no gap in coverage... Thanks

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16 Feb, 2021
Mahavir Chopra

Hello Rahul,


We would like to understand this better. We would like to understand the reason behind taking a individual super topup and not a floater super topup? Thank you.

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17 Feb, 2021
RAHUL PARASRAMPURIA
Hi Mahavir, Apart from academic interest, 2 major reasons for taking individual top up policy 1. Tax benefits optimization by ensuring premium payment from both husband and wife account 2. Husband has recently been advised medication for hypertension... To my knowledge , existing policy can continue ..pls correct me if I am mistaken.. So, now when I am going for top up, I want the policies of husband and wife to be separated so there is no PED related issues later on Thanks Rahul
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