It's true that having Health Insurance these days is necessary, however, as important it is to buy a health plan, it is equally important for you to get timely renewal for it as well. By timely renewing your health insurance coverage, you make sure that all of your benefits are still in effect and that none of the clauses are about to expire.
Let’s discuss the Manipal Cigna Mediclaim policy renewal in detail.
As mentioned above, timely renewing your Health Policy can offer several benefits to the policyholders. It is always recommended to pay your insurance premiums on time to be prepared for every unannounced medical emergency.
However, many people still don't know what will happen to their policy if they forget to pay their premium on time. Well, read on to the next section to know your answer.In case you forgot to pay your premium on time, you have the option of Bajaj Allianz renewal of policy during the grace period.
A grace period is a tenure wherein if the policyholder fails to pay their Health Insurance premium on time, they still have a chance to pay the pending premiums within the grace period of 30 days to maintain continuity of benefits without any breaks.
Note: If you forget to do your Bajaj Allianz Health insurance renewal online renew your policy during the grace period, your policy will lapse, and you have to buy a new policy and follow all the formalities and clauses once again.
Here are some pointers to help you always remember to pay your health insurance payments on time and prevent having your coverage lapse:
You can renew your Bajaj Allianz Health Insurance via online and offline medium. The steps to renew your health insurance plan with Bajaj Allianz Insurance online are as follow:
If you are unable to renew your insurance online, you can either go to your nearest Bajaj Allianz Insurance branch and renew your policy there, or you can call Bajaj Allianz Insurance customer care to renew your policy. Moreover, our professionals at PolicyX.com can also help with your Bajaj Allianz Insurance Renewal.