When we enter into a contract with an insurance company, this promises us payment in case of health emergencies and, for this, we admit paying the company a certain amount of money, this is known as a premium. A health insurance premium can be paid monthly or annually to keep the policy active. The cost of our premium usually depends on a few different factors, such as our age, location, type of coverage, and past insurance claims. It is recommended to pay the premium on time in order to avail many benefits such as a discount for the sum insured, and a discount for the continuity of the premium .If we fail to pay the premium, it lapses, and we may end up losing many good features such as no-claim bonus, or your waiting period.
ICICI Lombard has designed the premium payment as a no-trouble, less time-consuming process that hardly takes a few minutes. In just three clicks, you can make the payment of the premium, from the comfort of your home.. ICICI Lombard Health Insurance company has provided a yearly premium payment option, the customer can even renew the policy from their homes. The company provides various online payment options for premium payments such as Online and Offline mode
ICICI Lombard Health Insurance Premium Payment is a no-stress affair . The company offers various discounts when you pay your premiums online. Online payment of ICICI Lombard health insurance provides many options for a secure and fast way of paying your insurance premium using Credit Card or Debit Card, Bill Desk, and other Payment Applications. Let's go through the process step by step.
Step 1: Visit the ICICI Lombard Insurance Company website, click on the ‘Renewal’ tab, and select ‘Health Policy’.
Step 2: Enter the important information such as policy number and date of birth and click on ‘Proceed’.
Step 3: If you desire to make modifications to your policy such as changing the sum insured amount or opting for an add-on, it can be done at this step.
Step 4: Make the payment online for the renewal and select the modes of payment according to your convenience.
Step 5: Then you will receive a confirmation mail about the successful renewal of the policy.
ICICI Lombard generally provides a yearly premium payment option, so at this point in time you can renew your ICICI Lombard Health Insurance Policy through offline mode by contacting the company’s executive on the toll-free number.You can also reach out to the nearest branch of ICICI Lombard Health Insurance to get your plans modified and renewed and make their payment.
Although these two terminologies are different, in the case of ICICI Lombard Health Insurance the company has provided only a yearly premium payment option, the customer can even pay their premium and renew the policy.
Yes, ICICI Lombard health insurance premium payment online has many benefits such as they are less time taking, secure, many payment modes make them very flexible and the company even provides rebates on the online payment.
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Bindiya is a seasoned content writer specializing in keeping readers acquainted with the insurance industry, term insurance developments, and life insurance sector shifts. With an experience of 3 years in insurance, Bindiya ensures that her readers stay well informed with the insurance developments and factually correct information.
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