What a super top-up policy actually covers
A super top-up policy covers claims above a deductible you choose, aggregated across the year rather than per claim.
The cover in plain terms
Claims above a deductible you choose, aggregated across the year rather than per claim.
What it does not cover
Every policy has exclusions, and they are the part worth reading twice. Look specifically for waiting periods, sub-limits, co-payment clauses and anything described as "reasonable and customary charges" — that phrase is where claims shrink.
Where it sits in the family plan
Insurance is not an investment and should not be judged like one. Its job is to stop one bad event from undoing years of saving. Buy for the catastrophe you cannot fund yourself, and self-insure the small stuff.
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.