 "Health insurance customers will face higher premiums as insurers implement hikes. HDFC Ergo General Insurance has recently raised premiums for its flagship product, Optima Secure. New India Assurance has also announced upcoming hikes across all its p")
Demand for super top-up plans in health insurance has increased significantly post the Covid-19 pandemic, owing to rise in medical costs and increased insurance awareness in the country, industry insiders have said.
According to data from Policybazaar, the share of super-top up in health insurance has increased from 10.5 per cent of health insurance premiums in the financial year 2018-2019 (FY19) to 34.6 per cent in the financial year 2023-2024 (FY24).
A super top-up health insurance plan pays the policyholder for medical expenses that exceed the coverage limit of their base health insurance policy. It is similar to top-up health
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