Health Insurance Renewal – a must-do for your must-have policy
If ‘an apple a day’ doesn’t work, what do you get? Medical bills! Your health insurance policy takes care of these unplanned costs. That’s why it’s so important to renew your health insurance policy.
But hey, renewal is easy when it’s done online! Renewing your medical insurance policy online not only saves you time and effort, but also gives you extra convenience and benefits. So, make sure you and your family stay covered non-stop with online health insurance renewal.
When you renew your health insurance policy online, you enjoy 24/7 Call Centre assistance, so no questions ever go unanswered. You get a No Claim Bonus up to 50% on every renewal, which can go up to 100% of your base cover. That means your cover gets doubled within 2 years of the start of your policy.
Benefits of Medical Insurance Renewal Online? There are many.
Quick
Online renewal means no office visits, and no queues to stand in. With just a few clicks, you can renew your health insurance policy from anywhere, letting you chill the Zuno way.
Convenience
Want to renew your medical insurance policy at midnight or 3 am? Why not! You can complete the process at your own pace, at a time that suits you.
Easy to compare
Online renewal lets you check different insurers and their policies, understand their cover, premiums, and extra benefits, so you choose someone who’s just right for you. Psssst…we’re sure that’s us!
Hassle-free, paper-free
With online renewal, you can simply upload and submit the documents needed, reducing paperwork and simplifying the overall experience (you do know we make insurance easy, right?)
Instant policy
Faster than noodles! Your renewed health insurance policy is typically issued at once when you do it online. This ensures break-free cover for your health, and zero stress for you (stress is so bad for health!)
Extras
Online health insurance renewal often comes with perks. These can include 24/7 customer support, emergency assistance, cashless claims, and access to a network of hospitals. Such value-added services are all great reasons for renewing your health insurance online.
Things to consider while renewing Health Insurance
Quite simply, make sure you get the best and the most for the least! Here are some key points to note when renewing your vehicle insurance:
Review your cover
Is your current cover still enough, or does it need to be upped – or even reduced? Consider your age and family size. Do you require any Add-on or increase in Sum Insured?
Compare quotes
Don't settle for less. It’s important to compare quotes from different insurers. Online platforms make it easy to obtain multiple quotes and compare cover options, premiums, and deductibles. This allows you to find better deals, and prevents others from saying, “Oh, but you should have asked me…”
Check for discounts
You’re the customer, and the customer is King (or Queen). Insurance companies often offer discounts if you buy a policy directly from their website.
Consider deductible options
Policies with a tenure up to 3 years not only cover you for longer, but also get you an up-front discount on your premium. And you don’t have to worry about renewal every year!
Voluntary Co-payments
You can choose to pay a lower premium if you feel that you are healthy enough and will probably not need to claim. But if you take this option, and then you do claim, a part of the hospital bill will go out of your pocket.
Add-ons really help
Speaking of which, there’s none better than our own Health 241, an Add-on that covers you absolutely free in Year 2, if you don’t claim in Year 1.
Check what isn’t included
Pay close attention to what the policy won’t cover, even if it’s boring to read! Some policies have specific exclusions for certain situations or treatments. Make sure you’re 100% aware of these exclusions, and then decide if they are going to make a difference. A cover that doesn’t matter to someone else, may be really important for you.
Do a check of customer service and claims
Whether it’s us or any other insurer, ask around about customer service and claims settlement. Read reviews about how quick, responsive and efficient a company is while handling claims. A smooth and hassle-free claim can make a major difference in stressful situations.
The fine print is important
Take the time to read and understand the terms and conditions of the policy before renewing – especially while changing insurers. Pay attention to the renewal process, policy duration, cancellation, and any changes in the terms as compared to your previous policy.
What are the documents I’ll need to Renew Medical Insurance?
Keep a copy of your existing or expiring health insurance policy handy. This has important details like the policy number, details of cover, and policy period. During the online renewal process, you’ll need many of these details.
In case you want to add your new-born baby or your newly-married spouse to your existing plan, keep their basic details like height, weight, date of birth, etc handy!
Medicals might be required, depending on your age and past health record. Don’t worry, the entire process will be managed by us and will be hassle-free.
Depending on the insurance provider, you may be asked to give more documents. These could include proof of address, such as a utility bill or bank statement, or any other document that is seen as important during renewal.
Steps to Renew Medical Insurance Online
Enter your Mobile number, receive and enter the OTP
Enter your Health Insurance Policy Number
Check the details on the summary page and make your payment
Save your new policy document. It’s done!
Got questions? We’ve got the answers.
Why do I need to renew my Health insurance policy?
Healthcare expenses are increasing every year – or even faster. If you don’t have a valid health insurance policy, you will spend your hard-earned savings. Moreover, if you don’t renew on time, you lose the No Claim Bonus and reduction in waiting periods (if any).
What is the Grace Period for health insurance renewal?
This is typically a 30-day period after the expiry of your existing health insurance policy. If you renew during this Grace Period, all your continuity benefits will remain intact. But please remember that you will not be covered during this period, as long as you don’t renew. Why take such a big risk?
Can I renew my health insurance policy online?
Of course. In fact, online is the fastest, easiest and most hassle-free way to renew!
Why does my premium increase when I renew my medical insurance?
Generally, premium is calculated based on your age, cover chosen and/or any specific diseases that you want covered. As your age increases, there might be a rise in your premium. One great way of avoiding this is by taking a long-term policy, for up to 3 years.