Buy Health Insurance Policy

Exclusive

Wellness Benefits

24*7 Claims

Support

Tax Savings

u/s 80D

9000+ Cashless Hospitals PAN India

Pincode

+91 Enter Mobile Number

Try agian later

I agree to the Terms & Conditions

Port My Policy

Download Policy

(Incl 18% GST)

What Are the Benefits of Upgrading Your Health Insurance Policy?

In these times of medical inflation, having a health insurance is an essential financial safeguard to protect you in case of unexpected medical emergencies. However, if you feel that your current health plan has insufficient cover for your needs, you can always opt for an upgrade.

Thus it is recommended that you go through your cover periodically, to see if it still matches your needs and upgrade it as required to match what your current and estimated future costs. Here are some ways that upgrading your policy can be beneficial.

Team Digit

8 Benefits of Upgrading Your Health Insurance Policy

1. A Higher Sum Insured

One of the top reasons to upgrade your health insurance is when you require a higher sum insured. As your healthcare needs increase, you will need a larger amount to deal with these requirements and compensate for health emergencies.

It is advisable to do this upgrade at a young age, as you will be a lower-risk customer and will have lower premiums to pay.

2. More Coverage

Another major reason to upgrade is to get more coverage for your needs. After assessing your healthcare needs and risks, you might feel that your current plan doesn’t cover you for certain instances, such as critical illness, or it has limits like room rent capping that make the coverage insufficient.

Thus, you can opt to invest in an upgraded health insurance that provides sufficient coverage and has fewer restrictions. Additionally, remember to compare the coverage offered by different health insurance plans before you decide to upgrade.

3. You Can Get Covered by Add-Ons

If you already have a health insurance policy with sufficient coverage or sum insured, upgrading your policy can also offer you the chance to get add-on covers. Also known as riders, these covers will offer you further benefits beyond your basic health insurance policy. Common add-ons include a room rent waiver, maternity cover, hospital cash cover, critical illness cover, and personal accident cover.

4. Adding or Removing Family Members

When you have a family health insurance plan, you might need to upgrade your policy to include a newborn baby or remove a deceased family member, or a divorced partner from the plan. You can easily upgrade your health insurance plan to include these changes.

5. You Will Gain More Flexibility

If you’re stuck with a basic health cover with low coverage, upgrading your policy will give you the chance to customize the plan as per your needs. You can choose the sub-limits, co-payments, and deductibles as per your needs. This way, you will have a more flexible option for your healthcare needs.

6. Opt for Cashless Hospitalization

Cashless hospitalization is essential these days, as it can be extremely beneficial, especially during medical emergencies. With this feature, you won’t have to worry about paying the bills out of your own pocket and waiting for reimbursement, as your bills will be settled directly by the insurer. If your policy doesn’t already have this feature, look for an insurer that offers cashless health insurance and also has an extensive list of network hospitals.

7. Adjust Your Deductibles

We have already seen above that when you upgrade your health insurance you will get the chance to adjust your deductibles (as well as other features like co-payments and sub-limits). Generally, the lower the deductible is the higher your premium will be. But this means that you will end up paying more out of pocket at the time of a claim. Thus, it is advisable that when upgrading the cover, you adjust your deductible as per your budget, or even opt for a cover with no deductible at all.

8. Get Lifetime Renewability

In case your current health policy has a cut-off age for renewal, think about upgrading your policy to one that offers lifetime renewability. This means that you don’t need to worry about your health insurance cover stopping when you get older and need it the most. Buying a new policy when you’re older will be a much more expensive option and could cause an inconvenience.

Important Reasons to Upgrade Your Health Insurance

In situations where you feel that the coverage provided by your existing health policy is not sufficient, it might be necessary for you to upgrade your health insurance plan.

There are many reasons why you might wish to upgrade your health insurance, for example, if you require more coverage as you get older, or you have recently had a major life change, such as getting married or having a baby.

Additionally, with the increasing cost of medical care, you might feel that a higher coverage will be helpful for you in the long run. Thus, the best time to upgrade your health insurance is while you are still quite young as the risk of illnesses will also grow with age.

How Can You Upgrade Your Health Insurance?

As we have seen above, upgrading your health insurance usually means increasing the cover provided by the policy, so that you have more protection during a medical emergency. There are many ways to do so:

Upgrade Your Existing Cover – You can choose to upgrade your current plan to get a higher coverage, add more family members, or opt for new add-ons covers. This way you can customize your policy and get more protection.
Port Your Health Insurance Policy – If you feel that your existing health insurance is insufficient for your needs, you can opt to port your current policy to another plan or another insurer where you might get more coverage.
Buy an Additional Policy – For those with just an employee health insurance, or a family floater plan, you can opt to get a second health insurance plan. This can include specific plans such as a critical illness cover, or a personal accident cover.
Get a Top-up Cover – Another additional cover you can purchase to increase your coverage is by getting a top-up or super top-up plans. This way you will have financial coverage even if you finish your original sum insured amount.

So, as we can see upgrading your health insurance can be very beneficial to you in a number of ways. You can get more coverage that will be more sufficient for your current and future needs, greater flexibility, and many other protections. Just remember to compare different health insurance plans before you decide to upgrade.

Frequently asked questions

All

What is the best time to upgrade a health insurance cover?

It is most advantageous to upgrade your health cover while you are still young. This will mean that you can go through all the required medical tests or waiting periods while you are still young and before you begin to have more health issues. Thus, upgrading at a young age, you will be considered a lower-risk customer and will have lower premiums to pay.

What all you can upgrade in your health insurance policy?

There are a number of things that you can upgrade in your health insurance, such as:

Your sum insured
The coverage of the policy
Adjusting your deductibles, co-payments, and sub-limits
Opting for more add-on covers
Adding or removing family members
Getting lifetime renewability

Can you upgrade your health insurance with more than one health plan?

Yes, it is possible to get a second, or even a third health insurance plan. In fact, it can be a way of getting additional or more comprehensive coverage and serve as a backup to an employee health insurance and can reduce the risk for those with pre-existing conditions.

Important Tips Related to Health Insurance

Health Tips for Women

How to Choose a Health Insurance Policy in India?

Right Age to Buy a Health Insurance Policy

Benefits of Group Health Insurance

Right Time to Buy a Health Insurance Policy

How to Choose the Best Health Policy for Senior Citizens?

Staying healthy during the quarantine

Risks of Not Buying a Health Insurance Plan

Factors That Affect Health Insurance Premium

How Does Age Affect Your Health Insurance Premium?

What Happens if You Don’t Renew Your Health Insurance Policy on Time

Common Mistakes to Avoid While Purchasing Health Insurance

Myths About Health Insurance for Senior Citizens

Why Do Women Need to Buy a Separate Health Insurance?

Important Terms to Know Before Buying Health Insurance

Role of Artificial Intelligence in Health Insurance

What to Check When Porting Your Health Insurance Policy?

Do's and Don'ts of Buying a Health Insurance Policy

Pros & Cons of Having Multiple Health Insurance Policies

Secure Your Savings by Investing in Health Insurance

Can You Renew Expired Health Insurance Policy Online?

Why Is Health Insurance Important for Low and Middle-Income Groups?

How to Increase Your Health Insurance Cover Without Paying a Higher Premium?

How to Review Health Insurance Policy Document?

Benefits of Upgrading Your Health Insurance Policy

Important Changes to Make in Your Health Insurance Plan After Marriage

What to do When Your Health Insurance Claim is Rejected?

Medical Inflation in India

What to Keep in Mind When Adding Your Children to Health Insurance?

How to Choose Between Long-Term and Short-Term Health Insurance?

Pros & Cons of Family Floater Health Insurance

Benefits of Porting Health Insurance Policy

More articles related to Health Insurance

Domiciliary Hospitalization Cover

Group COVID Insurance for SME's Industries & Companies | Digit

Health Insurance Tax Benefits for Senior Citizens

Mental Health Insurance

Air Ambulance Cover in Health Insurance

Benefits of Critical Illness Cover

Health Insurance Glossary India: Terminology, Terms and Definitions

Senior Citizen Health Insurance

GMC and GPA in Health Insurance Policy

Coinsurance vs Copay vs Deductible

Myths about Health Insurance

Increase of Health Insurance Premium on Renewal

What is ABHA Card

What is Health Insurance?

Super Top-up Health Insurance for Corporate Employees - Check Prices

Difference between Mediclaim and Health Insurance

Copay in Health Insurance

Pre & Post Hospitalization Expenses in Health Insurance

Health Insurance with Cancer Cover

Health Insurance for Vector Borne Diseases & COVID-19 Online

Life Insurance vs Health Insurance

Health Insurance for Vector Borne Diseases & COVID-19 Online

Indemnity Health Insurance

Health Insurance Plans for Family

Cooling-off Period in Health Insurance

Add-Ons in Health Insurance Policy

Consumables Cover in Health Insurance

Waiting Period vs Survival Period in Health Insurance

TPA in Health Insurance

Types of Health Insurance Plans

Health Insurance for Parents

Reimbursement Claims in Health Insurance

What to do if you are tested Positive for COVID-19?

Health Insurance Non-Medical Expenses

Critical Illness Health Insurance Cover

Grace Period in Health Insurance

Waiting Period in Health Insurance

Road Ambulance Health Insurance

Nominee in Health Insurance

Health Tips & Guides

Anywhere Cashless Hospitals - Hassle Free Hospitalization Anywhere in India

Day Care Treatment in Health Insurance

Health Insurance Premium Calculator

Health Insurance for Disabled Person

Yoga Asanas & Exercises for Better Lifestyle

Is Dental Covered in Health Insurance?

Zone Based Health Insurance in India

Health Insurance for Government Employees

Health Insurance for Smokers

Restoration Benefit in Health Insurance

Check Health Claim Status Online Instantly

Comprehensive Health Insurance

Compare Health Insurance

Coronavirus Cover: Health Insurance for Coronavirus Treatment

Healthy Lifestyle

Health Insurance for Self Employed/Freelancer

Types of Health Insurance Claims

Benefits of Health Insurance

Reason to Buy Seperate Health Insurance for Parents

Daily Hospital Cash Benefit in Health Insurance

Health Insurance on EMI

Health Insurance for Mother

PED in Health Insurance

Cashless Health Insurance

How to Port Health Insurance?

Health Insurance Tips

Moratorium Underwriting vs Full Medical Underwriting

Government Insurance Schemes

Loading in Health Insurance

AYUSH Health Insurance Benefits

Health Insurance Tax Benefits

Super Top-up Health Insurance for Employees Retiring Soon

Personal Accident Insurance

Super Top-up Health Insurance for Senior Citizens in India - Check Prices

Sum Insured in Health Insurance

What is Long-term Health Insurance? Features & Benefits Explained

Individual Health Insurance

Term Insurance vs Health Insurance

Health Insurance for Diabetes Patients

Corona Kavach Policy: Buy COVID Kavach Health Insurance Online

File Health Claims Online on Digit App

Health Insurance After Retirement

Organ Transplant Cover in Health Insurance

List of Excluded Hospitals

Family Floater vs Individual Health Insurance

How to Choose the Right Sum Insured in Health Insurance?

Room Rent Capping in Health Insurance

How to Reduce your Health Insurance Premium?

Check Digit Health Insurance Claims Status on Digit App

Family Floater Health Insurance

Cumulative Bonus in Health Insurance

Download your Health e-Card

Wellness Benefits with Digit Health Insurance

City

Inpatient vs Outpatient Hospitalisation

Health Insurance with Free Medical Check Up

Deductible in Health Insurance

List of Excluded Hospitals

Maternity Health Insurance

Indemnity Based vs Fixed Benefits Health Insurance

Maternity Coverage with No Waiting Period

GHC

Health Insurance Bariatric Surgery Cover

Super Top up Health Insurance

Cataract Health Insurance

Best Health Insurance Policy

Corona Rakshak Policy Online: Health Insurance for COVID-19 in India

Arogya Sanjeevani Policy

Health Insurance OPD Cover

Coronavirus Health Insurance: COVID-19 Insurance Policy in India

Government Health Insurance Scheme

Health Insurance for NRI Parents

Exclusions in Health Insurance

Sub Limit in Health Insurance

Health Insurance for Disabled & HIV/AIDS Patients: Check Coverage and Benefits

Terminal Illness vs Critical Illness

Health Insurance Plan that Covers Infertility Treatments

Health Insurance Options for Retirees

Check Pending Challan only on Digit App

Install

Check Pending Challan only on Digit App

Latest News

Currently there are no news to show.

Renew & Download Policy Document, Check Challan, Credit Score, PUC & more

60K+ Reviews

4.8

Rated App

60K+ Reviews

12K+ Reviews

4.3

Rated App

12K+ Reviews

Download the App

CIN: L66010PN2016PLC167410, IRDAI Reg. No. 158.

Go Digit General Insurance Limited | Corporate Office Address: Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru 560095 | Registered Office Address: 1 to 6 floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, Shivaji Nagar, Pune-411005, Maharashtra | Trade logo of Go Digit General Insurance Ltd. displayed above belongs to Go Digit lnfoworks Services Private Limited and is provided and used by Go Digit General Insurance Ltd. under license.