Health Insurance add-on covers are extra coverage benefits that policyholders can buy in addition to their base health insurance policy. They expand the policyholder’s overall medical insurance coverage, eliminating the need for another health insurance plan. Add-on covers can be purchased alongside a base health insurance policy but not independently.
*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Who would you like to insure?
Do you have an existing illness or medical history?
This helps us find plans that cover your condition and avoid claim rejection
What is your existing illness?
Select all that apply
When did you recover from Covid-19?
Some plans are available only after a certain time
Take a look at some of the best add-on covers in health insurance available in India:
The consumables cover pays for various non-medical expenses incurred by policyholders during hospitalization that are otherwise excluded from the policy coverage. For example, the cost of oxygen masks, gloves, syringes, needles, PPE kits, cotton, bandage, gown, etc. is not covered under basic health insurance plans.
The No Claim Bonus Safeguard protects the no claim bonus (NCB) from any claims raised during the policy year. As a result, the NCB percentage remains untouched even if the policyholder raises a claim.
The inflation shield safeguards the policyholder from rising inflation. This add-on cover increases the base sum insured of the policy every year on a cumulative basis based on the inflation rate.
The home care treatment pays for the cost of treatments availed at home on the doctor’s advice in case hospital admission is not possible.
Check out some of the benefits of buying add-on covers in health insurance in India:
Add-on covers amend the terms and conditions of the base health insurance policy to include the coverage desired by the policyholder. Thus, add-on covers enhance the coverage of the base health insurance to cater to the medical needs of the insured.
Buying an add-on cover with the base health insurance policy is more affordable than purchasing another health plan. This is because the IRDAI has directed all insurance companies not to charge more than 30% of the base policy premium as the cost of an add-on cover. For example, if your base policy premium is Rs 9000 per annum, the rider cost cannot be more than Rs 2700.
Buying an add-on cover enables policyholders to add the desired medical coverage to their base health policy. Thus, it saves them from the hassle of purchasing another policy to obtain coverage and, eventually, pay more money.
Policyholders can alter the coverage of a health insurance policy by choosing an add-on cover of their choice. Thus, an add-on mediclaim policy customizes the base health policy’s coverage as per the policyholder’s needs.
Here are some things to consider while buying add-on covers under health insurance:
12 Sep 2023The cost of healthcare has risen threefold in the last decade
06 Sep 2023With technological advancements in India, the health insurance
23 Aug 2023Health emergencies come without a warning. Usually, people realize
11 Aug 2023In the world we live today, diseases are spreading like wildfire
26 Jul 2023Delhi witnessed its first flood in 45 years due to incessant rains