Health Insurance Policy Renewal - Guide To Online Process

Health insurance has become a necessity given the current costs of medical treatment and the recent pandemic of Covid-19. But your responsibilities for securing a financially stable future do not end with simply purchasing or paying the regular premiums, you need to renew your health insurance policy on time, to ensure the flow of beneficial services. Most health insurance policies nowadays offer the convenience of renewing your policy online and in this article we are going to give you a detailed guide to doing it. 

Guide To Online Health Insurance Renewal 

Health insurance policies in India usually have a term period of 3 to 5 years and you are advised to renew your policy at least a month before the expiry date. Failing to do so can result in the loss of the lifelong renewability feature, and you will have to buy a new policy all over again. 

Renewing your health insurance policy online is a simple process and once you are aware of the different steps you can do it on your own without any assistance. The following points enumerate the 5 steps that you need to follow. 

Step 1: Visit the official website of your health insurance provider 
Step 2: Click on the tab that will direct you to the policy renewal page 
Step 3: Enter your basic details such as your name, address, contact number, email and expiry date 
Step 4: Make the payment via debit or credit cards or net banking facility
Step 5: Your payment will be authorized and your policy renewal process will be complete. You will receive a digitally signed copy of your policy that you can print any time and retain it. 

Take Away 

As you can see, renewing your policy online is easy and hassle-free. However, there are certain things that you must bear in mind. Be sure to review your health insurance policy and increase the sum assured amount if the need be. In case you need further medical protection, be sure to enhance your medical test requirements and claim history. Finally, do not forget to go through the terms and conditions of your policy to ensure that there has been no change in the amount of premium. 

Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.