Healthcare costs in India continue to rise every year, making health insurance an essential financial safety net for every family. Hospital bills for surgeries, critical illnesses, or emergency treatments can easily run into several lakhs of rupees. To help customers increase their health coverage at an affordable premium, India Post Payments Bank (IPPB), in partnership with Bajaj Allianz General Insurance, offers a Flexi Health Protect Plan – Super Top-Up that provides ₹15 lakh health insurance coverage starting from just ₹756 per year for eligible individuals. (India Post Payments Bank)
If you are looking for a low-cost way to increase your family's medical protection, this guide explains everything you need to know about the plan, including eligibility, premium, deductible, benefits, coverage, cashless hospitalization, required documents, and how to apply online.
What Is the IPPB ₹15 Lakh Health Insurance Plan?
The Flexi Health Protect Plan – Super Top-Up is a health insurance policy offered by Bajaj Allianz General Insurance through India Post Payments Bank (IPPB).
Unlike a regular health insurance policy, this is a Super Top-Up Plan, meaning it comes into effect only after a specified deductible amount has been crossed.
The plan offers:
Health insurance coverage up to ₹15 lakh
Premium starting from only ₹756 annually
Cashless hospitalization at network hospitals
Coverage for individuals and families
Available for customers aged 18 to 65 years (entry age). (India Post Payments Bank)
What Does 'Super Top-Up' Mean?
One of the most important things to understand is that this is not a standalone health insurance policy.
It works as an additional layer of protection over your existing health insurance.
For this plan, the deductible is ₹2 lakh.
Example:
Suppose your hospital bill is ₹10 lakh.
First ₹2 lakh will be paid through your base health insurance policy (or by you if you don't have one).
The remaining ₹8 lakh can be claimed under the IPPB Bajaj Allianz Super Top-Up Plan, subject to policy terms and conditions. (India Post Payments Bank)
Why Is This Plan Popular?
The biggest advantage is affordability.
Instead of buying a new ₹15 lakh health insurance policy that may cost several thousand rupees every year, this Super Top-Up Plan allows customers to increase their medical protection at a significantly lower premium.
Major benefits include:
Affordable premium
High health insurance coverage
Protection against expensive hospital bills
Cashless hospitalization
Family floater option
Access through India Post Payments Bank
Who Can Apply?
This insurance plan is generally available for:
Indian citizens
Existing India Post Payments Bank (IPPB) account holders
Entry age between 18 years and 65 years
Individuals and families meeting the insurer's eligibility conditions. (India Post Payments Bank)
IPPB Account Is Mandatory
To purchase this insurance policy, you must have an India Post Payments Bank Savings Account.
If you do not already have an account, you can open one at your nearest post office by completing the required KYC formalities and paying the applicable account opening charges, if any. The account can also be opened through eligible doorstep banking services in selected locations. (India Post Payments Bank)
Can You Get Cashless Hospitalization?
Yes.
Customers who combine:
A ₹2 lakh base health insurance policy, and
The ₹15 lakh Super Top-Up Policy
may receive cashless hospitalization at network hospitals, subject to policy terms, hospital network availability, approvals, and claim conditions. (India Post Payments Bank)
Can Family Members Be Covered?
Yes.
Depending on the plan selected, family coverage may include:
Two adults
Up to two dependent children
This makes the policy suitable for small families looking for affordable additional medical protection. (India Post Payments Bank)
Key Features of the ₹15 Lakh Super Top-Up Plan
Some of the important features include:
₹15 lakh sum insured
Premium starts from ₹756
₹2 lakh deductible
Cashless hospitalization
Day-care treatment coverage
Pre-hospitalization expenses
Post-hospitalization expenses
Organ donor expenses
Wellness benefits
Teleconsultation facilities
Family coverage options
Affordable premium compared to regular high-value health insurance plans. (India Post Payments Bank)
What Is Covered?
Coverage generally includes:
Hospitalization due to illness
Accidental hospitalization
Day-care procedures
Modern medical treatments (as per policy wording)
Pre and post-hospitalization expenses
Organ donor expenses
Cashless treatment at network hospitals
Wellness and preventive health benefits
Coverage is subject to policy terms, waiting periods, exclusions, and conditions. (India Post Payments Bank)
What Is Not Covered?
Like every health insurance policy, this plan also contains exclusions.
These may include:
Waiting period restrictions
Cosmetic treatments
Non-medical expenses
Treatments excluded under policy terms
Expenses below the deductible limit
Other exclusions mentioned in the official policy document. (India Post Payments Bank)
Always read the policy wording carefully before purchasing.
Documents Required
Applicants generally need:
Aadhaar Card
PAN Card (if applicable)
Mobile Number
Passport-size photograph (if required)
IPPB Savings Account
KYC documents
Any additional documents requested by the insurer
How to Apply Online
Customers can apply through the official India Post Payments Bank website.
Steps:
Visit the official IPPB Health Insurance page.
Choose Flexi Health Protect Plan – Super Top-Up.
Read the policy features and brochure.
Check eligibility.
Complete the application process.
Submit the required documents.
Pay the premium online.
Receive the policy document after successful issuance. (India Post Payments Bank)
Official Online Application Links
You can learn more and apply through the official portals:
Is This Plan Worth Buying?
If you already have a base health insurance policy and want to increase your medical coverage without paying a very high premium, this Super Top-Up Plan can be a cost-effective option.
It is particularly useful for:
Salaried employees
Senior working professionals (within the eligible entry age)
Families seeking higher protection
Individuals concerned about rising healthcare costs
However, because it is a Super Top-Up Policy, it should not be considered a replacement for a standard health insurance plan. Ensure you understand the deductible, waiting periods, and exclusions before purchasing.
Frequently Asked Questions (FAQs)
Is the premium really ₹756?
Yes. According to IPPB, the starting premium for the Bajaj Allianz Flexi Health Protect Plan – Super Top-Up is ₹756, though the actual premium depends on factors such as age, family composition, and plan selection. (India Post Payments Bank)
Is this a normal health insurance policy?
No. It is a Super Top-Up Health Insurance Policy that provides additional coverage after the deductible amount is exceeded.
Can I buy this without an IPPB account?
No. You need an India Post Payments Bank account to avail of this insurance through IPPB. (India Post Payments Bank)
Can I include my family?
Yes. Eligible family floater options are available for selected combinations of adults and dependent children. (India Post Payments Bank)
What is the deductible?
The plan has a ₹2 lakh deductible, meaning eligible claims begin only after medical expenses exceed this amount during the policy period, as per policy terms. (India Post Payments Bank)
Final Words
The IPPB Bajaj Allianz ₹15 Lakh Super Top-Up Health Insurance Plan is one of the most affordable ways to enhance your medical protection. With premiums starting at just ₹756 per year, ₹15 lakh coverage, cashless hospitalization, and family coverage options, it can be a practical choice for individuals who already have a base health insurance policy and want additional financial security against high medical expenses.
Before purchasing, always review the official brochure, policy wording, exclusions, waiting periods, and eligibility conditions to ensure the plan matches your healthcare needs and financial goals.
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