My company provides me 8 lakh ka corporate plan, should I buy a top up plan from 10 lakh to 1 crore which cost me 3-4k.
Can I use my corporate plan upto 10 lakh and if needed can use top-up plan.
Both are of different companies. Is it possible?
Always have a personal insurance. With the current job market trend, layoffs are very common. It's always advisable to have a personal insurance along with your corporate insurance.
Any claim, first do it through corporate insurance and then if that is insufficient, claim through personal.
Please get a base plan first basis number of family members and place of residence.
Get a top-up plan only after than.
Don’t rely on Corporate plans since the coverage is till your employment with them. 8 L plan is really good but some companies only provide 4-5 lakhs which is not enough for metros.
Hi get a base plan + a super top up you can get a cover of 1 crore for around 15k yearly. The earlier you get the health insurance the better as
Get a comprehensive policy where there are no room rent limits or sub limits.
It is better to get health insurance from a very good agent who specialises in health insurance as they can help during a claim or any issue with the health insurance company.
I'm an insurance advisor in 3 companies. Yes, you can use the top up. There would be some practical problems with this approach though but you can still proceed. But it is better to take a top up of deductible with 8 lakh or lower instead of 10 lakh. Check my profile. You can mail me if you need more specific advice. The companies I have partnered with compensate me so I don't collect any fees from customers.
The premium is so cheap because any expense below 8L has to be borne by your corporate's insurance, anything above it will be paid by the insurance company. The problem is if you are out of a job, you have to pay anything less than 8L (might be way more less but depends on policy to policy) from your pocket It's like co-payment and aggregate-deductable. Correct me if I am wrong.
It's better you go for a separate health insurance for yourself & family rather than this top up so that if tomorrow if you are out of job, you are still 100% insured/covered. Also when you are in a job, you can claim from your corporate and your personal insurance company in the worst case scenario.