Why is Topup/Super Topup cheaper than Base medical insurance?
I have a query regarding medical insurance. Let's assume the 2 plans below.
PlanA: Base medical cover till 50L.
PlanB: Base medical cover till 5L + Super Top up cover from 5-50L.
In both plans, the total cover is same, however the premium of PlanA is much higher than PlanB.
Why is this? If the premium/cost is different, then there must be some other change also like less diseases covered, reduced claims, different rules...What am I missing?