Extend Your Health Coverage with Optima Plus, a Top Up Plan

Feb. 2, 2012 - PRLog -- Optima Plus, a new top-up health insurance product brought by Apollo Munich is uniquely designed to offer cover to people both at early and at old stages of life. This plan is first purchased as top-up plan and then, it gets converted into fully-fledged nil deductible health insurance plan on retirement.  Thus, it gives its customers reasons to smile and enjoy life till their last breath.  

Every individual follows a definite routine in his/her life. One studies, earns and dies. Among these stages of life, comes a stage of retirement, when a person stops earning and spends life with the amount of sum he/she would have saved. It is believed to be a good phase, as one fulfils all his/her responsibilities of life and settles down with a family, spending his/her time with loved ones.

The life after retirements directly depends upon the investments an individual makes throughout his/her life. One such investment that is must to be made is health insurance. One should buy a plan that could offer adequate coverage even in old age. At this stage of life, a human body become prone to health issues, whose treatment requires a lot of money and at the same time, when medical treatment expenses are expected to increase, one should definitely opt for a cover that could provide sufficient security. Such a plan is deemed to be helpful in seeking treatment, when required. If a person is not insured, it would become difficult for him/her to enjoy a peaceful life, as the money one would have would go away in paying for medical expenses.

There are many such plans that offer coverage to old age people, but these are pretty expensive plans. It is thus, advisable to buy a plan that offer cover at early or middle age and can be renewed for lifelong to offer extended cover for the remaining life span. Looking into these health needs of people, Apollo Munich offers Optima Plus, a unique top-up plan. This plan offers wider coverage to people before he/she retires and then, on retirement can be converted to a fully-fledged health insurance with nil deductible. It is a unique plan that offer dual coverage and serve the purpose of offering the required coverage at later stages of life.
Optima Plus gives an insured an option to opt for additional 5 lac sum insured coverage. This coverage has to be chosen with a definite amount of deductible, which may range from 1 lac to 5 lac. A person can choose deductible amount, which directly affects the amount of premium an insured is supposed to pay. The amount of premium decreases with increase in amount of deductible. Besides it, the amount of premium also depends upon the age of an insured.

When a plan is bought as a top-up plan, it offers a long list of benefits to an insured. A few of them are in-patient treatment expenses, which include hospitalization expenses due to an illness or accident, pre-hospitalization  and post- hospitalization coverage, which offers cover to medical expenses incurred in 60 days immediately before hospitalization and 90 days immediately after  discharge from hospital. A policy holder also gets cover for day-care procedures, which are minor surgeries or treatment, which do not require hospitalization for more than 24 hours, organ donor expenses for donating an organ to an insured, domiciliary treatment, (the coverage for medical treatment expenses for availing treatment at home, which otherwise would require hospitalization) and emergency ambulance treatment expenses.
Hence, a policy holder gets extended coverage on buying this top-up plan. One gets better protection for higher hospitalization expenditure and that too, at the expense of very low premium amount.  It is a deductible plan that offer cover to a person for inpatient expenses, only after payment of deductible, as opted or as per terms and conditions of the plan. This plan comes with a risk period of 1 or 2 years, thereafter which it is to be renewed. It can be renewed throughout the life, as it comes with a facility of lifelong renewal.

This plan can be converted to a fully fledged nil deductible health insurance plan on retirement and gives, its policy holders an additional advantage. One can stay away from long waiting period, no matter whether it is 30 days or 2 years for specific illnesses.   Deductible is also waived off and an insured gets coverage from the first rupee medical expenditure.  

This entry age of this plan is 91 days to 65 years and the most important benefit is that there is no cover ceasing age. One needs to opt for conversion between 58-60 years at the time of renewal only. Thus, an insured can now live life to a greater extent under the canopy of wide inpatient cover.  Optima Plus gives dual protection to customers; both in early and at old stages of life.

For More Information about Health Coverage with Optima Plus Visit:- http://www.apollomunichinsurance.com