It is policy cover wherein you pay some extra to cover the bloating medical expenses that is very common in today’s time.
Here’s an example to understand it better it better:
Mr. X has a health insurance cover with sum insured 5 lakh. There is a claim in the policy for 7 lakh. The base policy provides cover up to 5 lakh and the sum insured gets exhausted. The remaining 2 lakh of claim amount has to be paid. The top-up cover takes care of this surplus amount and the complete claim of 7 lakh can be taken care of without you paying a single penny out of your own pocket.
Standard waiting periods:
Fill the basic proposal form and submit it along with the medical reports, The insurer may ask to submit the medical test reports, if there is a need.