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Benefits of Renewing Your Health Insurance Plan with a Trusted Brand

By Finserv MARKETS - Mar 2,2019
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Benefits of renewing your Health Insurance Plan with a Trusted Brand

If you have invested in a health insurance plan, it is your responsibility to ensure that it is renewed from time to time. It is not an investment you make and then forget about. In order to get maximum benefits from it, you need to renew it annually. There are a number of benefits of renewing your policy with a trusted brand.

1. Additional benefits you get from the brand in the long run

A trusted insurance company will offer many health insurance benefits to their existing clients in order to incentivize them to renew the cover. This will come at no additional cost and will encourage healthy living. You will be able to get an additional cover at the cost of the renewal. The add-on benefits may include a health advisory service, an additional sum assured discount on a gym product, air ambulance benefit, or an app that tracks your daily physical activity.

2. Best services as compared to other companies in the insurance industry

When you renew your health insurance plan with a dependable company in the industry, you can remain assured about the services they offer. The company will ensure that the claims are processed at the earliest and the executives will be happy to assist you throughout the process. A reliable insurance provider will remind you about the health insurance renewal and will make the relationship with you stronger with each passing year.

3. Claim settlement ratio above 90% for all products

Some of the best health insurance plans in India have a 90% claim settlement ratio for all the products. This shows that the company takes their clients seriously and it does not delay the claim settlement process. A higher claim settlement ratio is ideal for a client. You can also get tailor-made plans at affordable insurance premium as per your health and financial needs at Finserv MARKETS which have a claim settlement ratio of 94%, thus being an ideal choice.

The renewal of a policy is a serious decision and is something you should not delay. Never overlook the benefits of a policy and do not make any assumptions. If you have any doubts, clear them beforehand and always choose a trustworthy health insurance provider for renewing your policy. Understand the different features of the plan and choose the one that is apt for your needs. If you are unhappy with the current policy, you can port it to another company with ease.

Now that you have all your information, head over to Finserv MARKETS and renew your health insurance plan with us, today!

Read our top blogs to know more about health insurance in India:

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Bajaj Finserv Direct Limited ("BFDL"), erstwhile Bajaj Financial Holdings Limited is a registered corporate agent of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited under the IRDAI composite registration number CA0551 valid till 10-Apr-2021. BFDL also renders services to Bajaj Finance Limited (‘BFL’) and Bajaj Housing Finance Limited (‘BHFL’) (referred hereinafter as ‘Lending Partner’) in sourcing of customers, providing preliminary credit support activities, fulfilment services and post-acquisition customer services related to lending business. Registered Office: Bajaj Auto Limited Complex, Mumbai – Pune Road, Akurdi, Pune – 411 035 CIN: U65923PN2014PLC150522