Wealth Protection Planning
Health & Mediclaim
Comprehensive health cover for individuals and families, including super top-up and critical illness.
- Minimum
- On enquiry
- Risk
- Low risk
- Liquidity
- Locked in
Overview
What this actually is
Health cover is the protection that most often prevents a portfolio being liquidated at the worst possible moment. A single hospitalisation can undo years of careful investing.
We structure a base policy with a super top-up above it, which is usually far cheaper than buying a single large policy for the same total cover.
Why consider it
What it does well
- Protects the portfolio from being sold to fund a medical emergency.
- Base plus super top-up typically costs less than one large policy.
- Critical illness riders provide a lump sum on diagnosis.
- Family floater and corporate group options available.
Key details
The specifics
- Structure
- Base policy plus super top-up
- Options
- Individual, family floater, group
Who is this for
You might be a fit if…
If none of these describe you, that is useful information too — tell us on the call and we will point you somewhere more suitable.
- Families without adequate employer cover
- Anyone relying solely on an employer policy that ends with the job
- Individuals with a family history of specific conditions
- Business owners covering themselves and their staff
Risks & considerations
- Pre-existing conditions carry waiting periods, commonly two to four years, during which related claims are not paid.
- Specific illnesses and treatments may have their own waiting periods.
- Room-rent limits, co-payment clauses and sub-limits can substantially reduce what is actually reimbursed.
- Claims can be rejected for non-disclosure of medical history.
- Premiums rise with age and after claims, and are not fixed for life.
- Super top-up policies pay only above a deductible, which you must fund yourself.
Important information
Insurance is the subject matter of solicitation. Please read the sales brochure and policy wording carefully for details on benefits, exclusions, limitations, terms and conditions before concluding a sale.
Sarvam Associates is a distribution partner, not the manufacturer of these products.
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Next step
Talk to a Sarvam advisor
Fifteen minutes on health & mediclaim — whether it fits, what it would cost you, and what could go wrong. No obligation either way.
Important information
Mutual Fund investments are subject to market risks. Read all scheme related documents carefully before investing.
Sarvam Associates is a distribution partner, not the manufacturer of these products.
The content on this website is for general information only and does not constitute investment advice or a recommendation to buy or sell any product. Product suitability depends on your individual circumstances. Please speak with an advisor before investing.