TATA AIG introduces MediCare Reserve, a flexible Super Top-up plan with coverage up to ₹5 crore
Mumbai : TATA AIG General Insurance Company, one of India’s leading general insurance providers, has launched MediCare Reserve, an innovative health insurance solution designed to help customers strengthen their health coverage as their needs evolve. Built on a Super Top-up structure, the plan features a unique ‘Waiver of Aggregate Deductible’ benefit that allows eligible policyholders to transition to a comprehensive health insurance policy after five consecutive policy years, without undergoing fresh underwriting.
The aggregate deductible options range from ₹3 lakh to ₹50 lakh and sum insured choices from ₹5 lakh up to ₹5 crore. This allows customers to tailor their coverage based on existing health insurance protection and affordability preferences.
MediCare Reserve also features the ‘TransiCare Wallet’, an optional benefit which provides financial protection during job transitions. The plan further includes ‘Pocket Protect’ to help manage out-of-pocket expenses during prolonged hospitalizations and ‘Consumables Benefit’ for specified non-medical expenses incurred during hospitalization. Basis TATA AIG’s internal research, traditional Group Medical Coverage (GMC) plans are increasingly falling short of evolving healthcare and workforce realities. With job transitions becoming more frequent, the need for health insurance solutions that extend beyond employment-linked coverage is expected to grow.
The product is particularly relevant for working professionals aged 18–55 years who rely on employer-sponsored group medical insurance across sectors such as manufacturing, IT, technology services, startups, sales and field operations. By offering a pathway to broader health coverage over time, MediCare Reserve helps individuals build sustainable and long-term health protection. For NRIs and OCIs visiting India, the plan includes Emergency Hospitalization Due to Accident Cover of up to ₹3,00,000, providing financial protection against unforeseen medical emergencies during their stay in the country.
Pankaj Shrivastava, Head – Agency & Health, TATA AIG General Insurance Company stated, “India’s healthcare landscape is evolving rapidly, with rising medical costs and growing demand for comprehensive, long-term protection through various life stages. MediCare Reserve is designed to address these needs by combining the affordability of a Super Top-up plan with unique features such as Waiver of Aggregate Deductible, TransiCare Wallet and Pocket Protect. These benefits provide financial support during medical events and coverage gaps. Reflecting our commitment to making health insurance more flexible, relevant and future-ready.”
The key features of MediCare Reserve include:
• TransiCare Wallet – Provides financial protection during job transitions when employer health coverage may no longer be available.
• Pocket Protect – Offers additional financial support during prolonged hospitalizations, helping reduce out-of-pocket expenses.
• Waiver of Aggregate Deductible – Enables policyholders to transition to a zero-deductible base policy after five consecutive years of coverage under the policy, without fresh underwriting.
• Consumables Benefit – Covers specified consumable expenses incurred during hospitalization, helping lower out-of-pocket costs not typically covered under standard health insurance plans.
The company’s presence is anchored by over 260 branches and a strong network of more than 100,000 agents ready to guide customers through their coverage transitions. Additionally, Tata AIG has a comprehensive network of over 13,000 hospitals, ensuring hassle-free, cashless treatment. This powerful combination of reach and infrastructure guarantees that comprehensive health protection is always within a consumer’s reach.
