Tracking a super top-up policy and its renewals
A policy is only worth what it pays, and it only pays if it is alive on the day you claim. Annual, and it should be renewed in step with the base policy so the deductible logic keeps working.
Why renewals get missed
Annual, and it should be renewed in step with the base policy so the deductible logic keeps working. The failure is almost never a decision — it is an expired card on auto-debit, a change of email, or a premium that fell due in a busy month.
What to record for each policy
Insurer, policy number, type, sum assured, premium and how often it is paid, the renewal date, who is covered, and where the document lives. That list takes ten minutes and answers every question that arises at a bad moment.
Make sure someone else knows
A policy your family cannot find is a policy your family will not claim. Whoever would need to make the claim should know it exists, know the insurer, and be able to reach the paperwork without you.
Where FamTally comes in
FamTally holds every policy the family has — a super top-up policy included — with sum assured, premium, frequency, renewal date and the members it covers. It totals your cover so gaps are obvious, puts premiums into your monthly cashflow, and reminds you ahead of each renewal. Free to use.
Stop doing this in a spreadsheet
FamTally keeps your loans, income, expenses, assets, insurance and goals in one place, forecasts five years ahead, and answers questions about your own numbers. Free, and built for Indian families.
Start freeQuestions people ask
What does a super top-up policy cover?
Claims above a deductible you choose, aggregated across the year rather than per claim.
How much cover should we take?
A base floater plus a large super top-up is the cheapest route to a crore of cover, because the expensive first layer stays small.
What happens if it lapses?
Annual, and it should be renewed in step with the base policy so the deductible logic keeps working.