Health insurance should be an important aspect of everyone’s financial planning and goals. It offers protection to not just the person insured but also the loved ones of the individual. So, when you are planning your finances, and working out your goals, make sure to include health insurance in your plan. This is particularly important if you are a key breadwinner for your family. Health insurance allows you to concentrate on the other aspects of your life without stress, as you know that your family is protected.
Once you get yourself a health insurance policy, you should also pay attention to the period for which you have sought cover. You should get your health insurance renewal on time so your policy does not lapse. If a policy lapses, you may lose your benefits such as waiting period benefits and the no-claim bonus. The waiting period is the time before which the insured will not be able to claim the benefits.
Your insurer sends you notifications about health insurance renewal, and you should make sure to keep track and follow up. Typically, a grace period is allowed - this could be about 15 days from the date of expiry.
However, thanks to the availability of an online renewal process, you can effortlessly get your health insurance renewal done. You could opt for your Bajaj Allianz health insurance renewal online.
However, thanks to the availability of an online renewal process, you can effortlessly get your health insurance renewal done. You could opt for your health insurance renewal online.
If you are looking at health insurance renewal plans, available on Finserv MARKETS, check out which health insurance plan is yours and then go about the process.
This insurance policy, ie, the Individual Health Guard, offers free preventive health check up at the end of a continuous period of three years, allows for flexibility to choose between two variants with sum insured options that range from Rs 1.5 Lakhs to Rs 50 Lakhs. This individual health insurance policy also provides cover for daycare procedures that are listed. There are other benefits such as road ambulance expenses coverage, maternity/newborn baby cover, convalescence benefit and pre and post hospitalisation covers among others. This policy covers the extended family members but on an individual basis.
This plan helps you cover your entire immediate family. The Health Guard Family Floater has all the benefits of the individual health insurance policy, and has the added benefit of covering your entire immediate family, including your spouse and children. The other benefits such as maternity/newborn baby cover, convalescence benefits, and sum insured options remain the same as the Individual Health Guard.
Critical Illness: This covers critical illnesses; and there’s a special Critical Illness for Women policy wherein eight critical illnesses are covered.
Extra Care: This policy allows a Rs 10 lakh extension on your health cover for as low as Rs 2,500.
Hospital Cash: The Hospital Cash policy helps you in case there’s sudden hospitalisation, and the cash benefit is doubled in case of an ICU admission.
It’s just a two-step process that involves entering your details and making your payment so you can stay protected. This can be done on the go, on any of the devices you are using!
You can effortlessly finish your health insurance renewal without stepping out, thanks to a seamless online process wherein you provide your details and make a payment, through Finserv MARKETS. Renewal is also the time to assess your needs and make adequate changes, so make use of this time well.