Niva Bupa Health Insurance Company is a joint venture between True North (an Indian private equity firm), and the global healthcare services expert, Bupa. It provides comprehensive health insurance plans that cover all hospitalization expenses (including COVID-19), critical care, and accident care needs. Niva Bupa offers a range of products and insurance policies such as top-up insurance, senior citizen insurance, critical illness insurance, individual and family floater health insurance to its customers and fulfils their diverse healthcare needs.
Moreover, to make it more convenient, the company now offers its customers a facility of online renewal, wherein the policyholders can easily renew their Niva Bupa Health policy online. Not just this, the Health Insurance policies offered by Niva Bupa come with a lifelong renewability feature. It saves you from financial stress caused due to medical emergencies. The renewability feature offered by Niva Bupa ensures that the policy can be renewed for a lifetime without any age restriction.
Continue reading to know more about the Niva Bupa Health Insurance renewal process:
Well, not paying your policy renewals on time may result in policy lapsation which will lead to a financial crunch at the time of an unannounced medical emergency.
However, in case you forgot to pay your premium on time, the company will offer you a grace period of 30 days.
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. However, if one fails to pay their premium in this period then the policy will lapse and the beneficiary will lose all the benefits.
Niva Bupa offers two ways to renew your policy- Online & Offline.
Let's discuss the Niva Bupa health insurance renewal process. Follow the below steps to renew your policy easily:
For offline renewal, you need to get in touch with the customer care executive by calling at 1860-500-8888.