Can base plan top-ups make a difference?

I am 45 with a daughter. Our ₹10 lakh family floater has run for five years. This year, I have a ₹1 crore super top-up with a ₹10 lakh deductible. My base insurer offers to raise coverage to ₹20 lakh for ₹3,000 extra. I have a ₹10 lakh no-claim bonus and no adverse medical history. Please advise.

- Abhishek Bondia

You have a well-structured health insurance coverage. Once your base sum assured gets exhausted, your top-up plan would trigger immediately. Since the deductible of the top-up plan matches that of the sum insured of the base plan, you would not have any outage. Additionally, you have a cushion coverage from the no-claim bonus. Given that it would take a couple of years for the waiting period to lapse in the top-up plan, the no-claim bonus could step-in. There is limited incremental benefit of getting the extra coverage in the base plan, given your current structure. For the incremental sum assured purchased in the base plan, the waiting period would be reapplied.