- Posted April 18, 2014 by
My Health Medisure Super Top Up' Launched By Larsen & Toubro
Larsen & Toubro Limited Insurance recently issued their new ‘My Health Medisure Super Top Up' of up to Rs 25 lakh, which can be bought by those even without an underlying insurance policy. This plan has gained approval from the Insurance Regulatory and Development Authority (IRDA).
A top-up plan acts as a supplementary cover. For example, even if an individual is covered up to Rs 3 lakh under individual or company's group insurance plan, he can buy a top-up plan where the claim amount exceeding Rs 3 lakh is paid. “There has been an upward trend in the cost of health care; hence it is necessary that higher cover should be present at all levels of life expectancy. The Super Top-Up plan ensures that you health remains covered perfectly”, mentions Rahul Agarwal, Founder Director of Ideal Insurance Brokers Pvt. Ltd.
The premium remains constant above 60 years and there are an increasing number of people who retire every year. They would find the product very customer-friendly. Young people who do not have an underlying policy can choose this insurance cover as it is very affordable along with parents who can insure their children from the age of 91 days to the age of 23 years.
The insured individual has the flexibility of making the claim in one instance or through multiple instances during the year. The pricing is such that higher the deductible, the lower the premium, although the range of sum insured actually rises with a higher deductible. Thus a (Rs 2-10 lakh) cover is more expensive than (Rs 3-12 lakh) cover and a (Rs 5-20 lakh) cover is the cheapest at Rs 810 per year for a 30-year-old.
About Ideal Insurance
Ideal Insurance Brokers Pvt. Ltd. is an insurance brokerage firm dealing with all the insurance products are it life insurance or general insurance. They evaluate risks, examine various options available, and negotiate with multiple insurance companies for the best rate and coverage and, all on behalf of the client. For further details, browse through their website: http://www.idealinsurance.in