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5 Best Practices about Health Insurance Online Renewal

8 min read

There is no second thought about health insurance being an absolute necessity. The cost of medical treatments and healthcare are rising day by day. And in such scenario, a health insurance policy becomes the need of the hour. Private hospitals are an expensive affair when it comes to hospital rooms, medication, doctor consultation, operation fees, and post hospitalization treatment, due to their infrastructure and quality service. Buying a health insurance policy can only save you from the stress, anxiety and financial burden that comes from these medical emergencies.  Not all of us have liquid cash or a good bank balance to meet these emergencies.  If you buy a policy its renewal is also important. Look for online renewal of your insurance policy to save your time and have a valid health insurance cover, for you and your family.

Renewing Health Insurance Online:

Nowadays, all the health insurance companies provide online renewal facility to its customers. Nobody has bandwidth to run from pillar to post in order to get their policy renewed. When you do it online, you save a lot of time and it allows flexibility in terms of payment and other procedures. Firstly, decide if you would want to go with the same insurance company or would like to try health insurance from some other insurance company. The best part is during the transfer there won’t be any waiting period, as per the IRDA guidelines, this insurance probability is mandatory to be granted to all the customers.

Online health insurance renewal from national insurance company is a dynamic step.  National insurance company online renewal ensures that you are updated timely and your policy doesn’t lapse due to any delays from your end.

How to Renew Health Insurance Policy Online?

Renewing your health insurance policy online is a simple and fast process, and it won’t take a lot of your time to complete the process. You simply need to know these 5 simple practices –

  1. Maintain a good credit history. It’s important to maintain your goodwill as a customer and keep your payment records clean. This will help you earn credits and get easy renewal on your policy. This will ensure that you get the essential financial cover and your policy doesn’t get lapse.
  2. You would need to fill in all the elementary details of your last policy including policy number as well as expiry date. If there are any other details, fill them as well.
  3. Your username and password would be provided by the insurer. This will allow you to login to your account and check necessary details and payment requirements.
  4. You can make the payment online via NEFT, Debit Card & Credit Card.
  5. Ask for a digital copy of your policy duly signed on mail. Take a print out and keep it retained with you all the time.
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Things you must remember  

Make sure that your policy is renewed before its due date. Do not wait for your insurance service provider to make reminder calls, instead try to renew your policy one or two months before the expiry date, or if not moSre at least before 15 days. It’s nobody else’s but your responsibility to get your policy renewed on time. Some insurance companies also provide a grace period of 15 days in case you miss out on renewal. If you renew it on time you can avail the waiting period benefits and (NCB) no claim bonus, on the ensuing policy.

National insurance company online renewal is a simple process to keep yourself and your loves ones safe with a health cover.

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