The persons who are either covered by their employers or are already holding a hospitalization policy but with low sum insured have a new option – to opt for a high deductible cover for individuals and families. These are top-up covers which provide coverage beyond the deductible amount chosen at the proposal stage. Deductible ranges from Rs.1 lac to Rs.5 lacs and the coverage of this product starts only after the out-of-pocket expenses or any existing insurance cover has reached this selected deductible amount. Higher the deductible lower the premium.