Reliance General Insurance Company has launched a health super top-up insurance policy, that aims at addressing the challenge of health coverage inadequacy when medical costs go beyond standard cover and increase out-of-pocket expenses for the customer.
Reliance Health Super Top-up is available with a wide range of sum-insured options from Rs 5 lakhs to Rs 1.3 crore. The policy has been designed for retail customers and can be purchased by anyone between the age of 18 to 65 years.
From organ donor expenses, to modern ‘technologically advanced’ treatments like robotic surgeries, one can avail it with ease, without any capping in the policy. The policy also provides worldwide coverage, air ambulance cover of up to Rs 5 lakhs, maternity up to Rs 2 lakhs, and consumables items.
Customers without an existing health policy can also choose this super top-up plan and pay the deductible as chosen in the policy, from their own pocket. There are a range of deductible options starting from Rs 2 lakhs to Rs 30 lakhs, making it easy for customer to choose it as per their need, depending on whether the deductible amount paid by the customer is from an existing base policy or from one’s own pocket, before the super top-up policy can start to cover.
Reliance Health Super Top Up policy can be taken on individual or family floater basis, for 1, 2 or 3 years policy tenure.
The policy is the first in the industry to offer ‘Long Term Aggregate Deductible’, where the deductible amount is to be crossed just once for long-term policy periods of 2 or 3 years, which otherwise is an annual requirement. The policy also gives an option to remove deductible and convert the super top-up policy into a standard health policy after 4 claim-free years, with its Deductible Buy-Back feature.