Health Insurance Add-Ons/Riders

Health insurance add-ons, or riders, are supplementary benefits that you can purchase in addition to your base health insurance policy. These add-ons provide extra coverage for situations or expenses not typically covered by standard health insurance plans.

The main benefit of adding riders to your health insurance plan is the ability to customise and enhance your coverage based on your unique health needs. Whether you need coverage for specific treatments or want added protection for unforeseen medical situations, add-ons/riders offer the flexibility to tailor your plan to meet your requirements.

TATA AIG provides a range of add-on/rides options, allowing you to choose from various riders that best suit your healthcare needs. By selecting the right add-ons/riders, you can ensure more comprehensive and complete coverage, giving you greater peace of mind for the future.

Broader Coverage: One of the primary benefits of including health insurance add-on/rider is that it offers broader medical coverage. It helps in ensuring that you are protected against a wide range of medical expenses. By extending the scope of your base policy, add-ons/riders can cover additional treatments, procedures, or conditions that might not be included in your standard health plan.

Avoid Multiple Policies: Another crucial benefit of health insurance add-on/riders is that you do not need to buy multiple health insurance plans. Instead of purchasing separate policies for different coverage needs, you can enhance your existing plan with add-ons/riders, making it easier and more convenient to get the coverage you need.

Customised Medical Coverage: Most individuals choose to buy health insurance with add-ons/riders because it offers the flexibility to customise plans based on their unique needs. With add-ons/riders, you can tailor your coverage to suit your specific health requirements better.

Peace of Mind: Health insurance add-ons/riders provide peace of mind by offering additional coverage for unexpected medical expenses. With the ability to customise your plan, you can feel confident knowing you are better protected against a wider range of health issues, helping you focus on recovery rather than worrying about costs.

Also Read: Benefits of Health Insurance

OPD Care

With the OPD Care add-on/rider, you can get coverage for medical expenses incurred during outpatient consultations, diagnostic tests and prescribed medications. This add-on/rider provides financial support for treatment that does not require hospitalisation, such as doctor visits, lab tests and minor procedures. It offers added convenience and coverage for everyday healthcare needs, making it easier to manage health expenses outside of in-patient care.

Inflation Protect

With this add-on/rider, policyholders will receive an additional increase in the sum insured based on the inflation rate at the time of renewing the base policy. The inflation rate will be applied to the expiring policy sum Insured.

However, if this rider is not renewed before the standard policy expires, then all the carried forward and accrued inflation protect sum insured will lapse.

Cumulative Bonus Shield

With this add-on/rider, the cumulative bonus accrued under the standard or base policy will not be reduced in the next policy year as long as the total claims made during the year do not exceed the limit specified in your policy schedule.

However, suppose the claims in the base policy for benefits that affect the cumulative bonus exceed that limit. In that case, the cumulative bonus will be reduced according to the rules in the base policy.

Voluntary Co Payment

With a voluntary co-payment rider, policyholders can get a premium discount when purchasing the policy. However, in exchange, insured persons need to bear a specified co-payment as mentioned in the policy schedule for admissible claims made under the based policy.

Modification in Pre-Existing Disease Waiting Period

With this add-on/rider, the waiting period for the pre-existing diseases as specified in the base policy can be revised to the duration specified in this policy schedule.

Waiver of Age Linked Co-Payment

With this add-on/rider, the age-linked co-payment that applies in the base policy will be removed and will not apply to any eligible claims under the base policy.

Also Read: Compare Health Insurance

Having health insurance add-ons/riders is crucial to enhance the coverage of the base policy. These add-ons or riders make sure that you are fully protected in a variety of medical emergencies. However, while choosing a health insurance add-on/rider, make sure to consider factors like premium costs, exclusions, waiting periods and the specific coverage each add-on/rider provides.

We at TATA AIG offer various health insurance add-ons/riders such as Women+ Screening & Vaccination Cover, OPD Care and many more. With customisation benefits, you can tailor your health insurance policy with add-ons/riders to better meet your health needs. Furthermore, our health insurance plans include cashless hospitalisation at any hospital in India.