New India Assurance - Floater with Topup query

[>take]

In case the base 5 lac is used by any member in a year, then can any other member directly use 5 lac top up floater, as base has already been used completely by me. OR if the base is over, no one can use top up.

It depends how you bought the policy. If it is floater then first option is ok, subject to exclusion.

The policy can be issued on Individual or Floater Sum Insured basis covering up to 6 members of the family. If the policy is to be issued on Individual Sum Insured basis, then separate document will be issued to each Insured. Family comprises of Self, Legal Spouse, dependent Children and dependent Parents.

New India's Top-up Policy:
This policy will respond only when the aggregate of all Hospitalisation expenses (except Pre / Post hospitalization expenses) of one or all members of the policy, exceeds the “Threshold” stated in the policy.

Read More about - Top-up Plans

[yogesharora2]

Hey,
I am still a little confused. correct me if wrong. so you are saying that if i have a base and top up of 5 lac each, with both as floater, then in case the whole base (5 lac) is consumed by a single person, the other can directly use top up, when required, even if there is nothing left in base?