ICICI Lombard Health Insurance Renewal

ICICI Lombard is a joint venture between ICICI Bank and Canada's Fairfax Financial Holdings Limited. The company offers several health insurance plans including individual health plans, family health plans and critical illness health plans, among others.

The plans offered by ICICI Lombard Health Insurance offer comprehensive protection and provide coverage against hospitalization expenses, pre and post-hospitalization, ambulance charges, and so on.

Above all, ICICI Lombard Health Insurance now comes with the advantage of online health insurance renewal. With this feature, you can easily avail the service of the ICICI Lombard Health Insurance renewal and can enjoy the interrupted benefits.

Let's discuss the ICICI Lombard Health Insurance renewal in detail.

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Benefits of ICICI Lombard Insurance Renewal

• Continuous Coverage: ICICI health insurance renewal ensures that your and your family's healthcare needs are completely looked after.
• Flexibility: ICICI Lombard Health Insurance renewal will allow you to customize your plan as per your changing needs. You can add/remove a family member, if need be or can upgrade the chosen sum insured, can opt for the rider options, if available. 
• No Claim Bonus Reward: ICICI Lombard Health Insurance offers No Claim Bonuses, which means for every claim-free year, an insured can receive a bonus in terms of discounted premium rates or an increase in the sum insured. If you don't renew your health insurance on time, you'll lose the bonus you've earned thus far.

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What Will Happen if I Do Not Renew ICICI Lombard Health Insurance on Time? 

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 ICICI Lombard 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 ICICI Lombard 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.

How Can I Remember My Health Insurance Policy Renewal Date?

• Keep track of your renewal dates.
• Avail of the facility of reminders through e-mail or SMS.
• Pay using Auto Debit.

ICICI Lombard Health Insurance Policy Online Renewal Process

Below mentioned are the steps that will help you to renew your health insurance policy online with ICICI Lombard General Insurance:

• Visit the official website of ICICI Lombard General Insurance and click on the 'Renewal' from the top bar menu.
• Select the 'Health Policy' tab and on the next page fill in all the required details such as policy number and date of birth.
• Click on 'Proceed'. Next, if you want to make any modifications such as changing the sum insured amount, opting for an add-on, etc., you can do that while reviewing your policy details.
• Make the payment online for the renewal fee from the available modes of payment.
• Once the payment has been made, the policyholder will receive the policy details on their registered email address.