Premium is an amount paid to the insurance company at an interval of time by the policyholder for covering his risk. In general, we can say that the risk is passed on from the insured to the insurer.A health insurance policy also has to be renewed before its expiry unlike every other non-life insurance policy . The health insurance premium payment process must be hassle free at the same time which allows the customers to avail many other benefits if the payment of premium is paid on time.
ManipalCigna Health Insurance Premium Payment is a very convenient process that can be done sitting at the comfort of your home. The Company has provided only an annual premium payment option for every plan. So at this point, the policyholder can choose whether or not he wants to renew the insurance policy or negotiate the terms.
Naval Goel is the CEO & founder of PolicyX.com. Naval has an expertise in the insurance sector and has professional experience of more than a decade in the Industry and has worked in companies like AIG, New York doing valuation of insurance subsidiaries. He is also an Associate Member of the Indian Institute of Insurance, Pune. He has been authorized by IRDAI to act as a Principal Officer of PolicyX.com Insurance Web Aggregator.