Most of the health insurance plans cover all the health-related needs but you may end up requiring additional funds, in case there is a medical emergency. Also, with rising medical costs, it is advisable to have an extra care cover, so that you are always ready financially.
Yes, the premium paid for top-up health insurance plan is exempted under tax as per sec 80D under the Income Tax Act. You can save up to Rs. 60,000.
A health top-up plan can cover any medical expenses for you and your family that arise due to an illness or an accident.
You will need an age proof, identity proof, and an address proof to apply for a health insurance top-up plan. You will not require a medical test until 55 years of age, subject to a clean proposal form.