‘Money saved is money earned’; we all have heard the phrase, right? As a matter of fact, we should try to save money in every possible way? What if you are not well and have to be hospitalized? Hospital bills are the highest, aren’t they? The easiest way to deal with the problem is to buy a health insurance policy. When you buy a health insurance policy, you get coverage on the medical expenses, which include surgery costs, ambulance costs, medicine costs, etc.
While trying to buy a health insurance policy, the biggest confusion that arises is choosing a particular health insurance company. Well, in that case, you can totally trust Star Health Insurance Company. However, make sure the Star Health insurance renewal is done on time.
Health insurance policy renewal is important and you must do it before the expiry date so that you can avail of all the accumulated benefits under the plan. The benefits include No Claim Bonus, waiting period benefits, and many more. However, you may have to pay a premium, which can be a little different from what you paid in the last policy term.
Star Health Insurance enables you to renew the health insurance plans after 1 year, 2 years, or 3 years. It depends on all your policy terms. It also comes with flexible payment options which will help you to renew the health insurance plan easily, and you can do it both online as well as offline modes.
The online process for Star Health Insurance policy renewal
You can get started with the renewal process for the Star Health Insurance policy from the comfort of your home. You just need to follow a few simple steps.
Visit the website
The foremost thing that you should do is to visit the official website of Star Health Insurance Company. Now you will find the tab of ‘Renewals’. You have to click on it to open the renewal page of health insurance.
Enter details of the policy
You now have to enter all the details related to this such as Date of Birth, Policy Number. You can then click on ‘Renew Now’.
At this point, you have to pay the premium for the health insurance policy through any of the available payment options.
Get confirmation of renewal
You will receive an email wherein you will get confirmation of the successful transaction as well as policy renewal.
Offline process for Star Health Insurance policy renewal
If you wish to, you can even choose the offline mode to renew your Star Health Insurance policy. You just have to make a call on the toll-free number of the company. The other offline mode option is visiting any branch of Star Health Insurance.
Benefits of Star Health Insurance policy renewal
When you renew your Star Health Insurance policy, you are actually unlocking several benefits. Some of them are mentioned herein below:
- You get the option to revise the existing sum insured
- You get a portability benefit
- You get continued coverage against the medical costs
- You also get accumulated benefits such as a No Claim Bonus, etc.
- You get tax benefits on the premium under Section 80D of the Income Tax Act, 1961.
Now, all that you need to do is to start the process of your Star Health Insurance policy renewal. You can choose the mode you want and go ahead with it at your convenience. And if you want more details about the Star Health Insurance policy, you can even consider visiting the IIFL website. You will even be able to check out many other health insurance policies and even can find out information about the premiums that you have to pay for them.