Care (Religare) Health Insurance Renewal Process in India

The benefits of a health insurance policy are no longer hidden to anyone. People are purchasing health insurance policies to strengthen their protection and coverage against various diseases. At the same time, they should be cautious regarding the renewal of the policy. If you fail to renew your policy on time, then it will lapse and you will lose all benefits, including the No-Claim Bonus or Waiting Period benefits. The renewal of a health insurance policy is simpler than buying one and it just takes a few minutes. Care Health Insurance renewal policy is easy and convenient. A policyholder can accomplish Religare Health Insurance Renewal both online and offline.

Care Health Insurance policy offers a validity period of 1, 2, or 3 years. Beyond this tenure, you need to go for Care Insurance Renewal. To enjoy the benefits of your policy, you should go for Care Health Insurance renewal online. If you don’t renew Care Health Insurance, your policy will be terminated and you will lose the accumulated benefits. Now, again, you need to purchase the policy that could be an uphill task for you.

So, let us enlighten you with Care Policy Renewal and Care Health Insurance Renewal Online Payment.

Care Insurance Policy Renewal Process

Follow the below-mentioned steps to accomplish Care Health Insurance Policy Renewal online.

• Step 1: Visit the website: First, you need to visit the official website of Care Health Insurance and then, go to the health insurance renewals page.
• Step 2: Complete the details: Now, you need to provide all your imperative details, like the Policy Number, Date of Birth, and Contact Number. Now, click on the ‘Let’s Renew’ tab.
• Step 3: Check the policy details: Check all the details of your policy, including the premium amount.
• Step 4: Make the Payment: Now, choose Care insurance renewal online payment mode as per your choice.
• Step 5: Get Confirmation: Once you have successfully renewed your policy with Care Health Insurance renewal payment, you will get a confirmation via email.

Care Health Insurance Renewal: Offline Process

• To renew your Care Health Insurance policy offline, you may call on the toll-free number of the company (1800-102-6655) and share all your essential documents.
• By visiting the nearest branch of Care Health Insurance, you can accomplish your renewal process. For offline mode, Care Insurance renewal payment can be done via cheque or net banking.

Benefits of Renewing Care Health Insurance

You can enjoy a myriad of benefits once you renew your Care Health Insurance policy, have a look at some of them:

• Portability Benefit: If you are not satisfied with your present service provider, you can port your Care Health Insurance plan to any other insurance company after renewal.
• Annual Health Check-Up: Care Health Insurance plan encourages annual health check-ups to its policyholders. If you don’t renew the policy, you can’t avail of this benefit.
• Truncated Waiting Period: The waiting period will also be reduced with your policy renewal. After the completion of the waiting period, you can enjoy the benefits of your policy.
• Continued Healthcare Coverage: To avoid a situation when you actually need a health insurance policy but can’t get it, you must renew your Care Health Insurance on time. This will ensure continuous protection as per the terms and conditions of the policy.
• Tax Benefits under Section 80D of the Income Tax Act, 1961: While buying a Care Health Insurance Plan, the policyholder becomes eligible for tax benefits under section 80D of the Income Tax Act, 1961.
• Increase Sum Insured to Deal with Rising Healthcare Inflation: Healthcare inflation is roaring everywhere.  The treatment costs are rising like anything due to this inflation. You may need to pay a few lakhs for the basic treatment costs. A health insurance policy is the best armor that gives you protection against inflation. If you think your health policy is not offering adequate coverage against various diseases and inflation, you can increase the sum insured amount during the time of policy renewal of your Care Health Insurance.
• Add Any Family Member: At the time of renewal of your Care Health Insurance policy, you are free to add or remove a member from your plan.

Tips to Renew your Care Health Insurance Online

Let’s take a look at the below-mentioned tips when getting your Care Insurance Policy renewed.

• Renew Policy before expiry: As a policyholder, you should be aware of your Care Health Insurance policy renewal. If you fail to renew Care Health Insurance on time, the company will offer you a 15-30-day grace period to pay off your due premium. If you still don’t pay the premium on the grace period, then your Care insurance policy will lapse and you will lose all accumulated benefits.
• Tax Benefits: All your paid premiums against the Care Insurance health policy are subject to deductions under section 80D of the Income Tax Act, 1961. To enjoy the tax benefits, you can even change the policyholder at the time of renewal.
• Read Policy Documents Carefully: Go through your policy documents thoroughly and check all the terms and conditions like renewal clause, exclusions, claim guidelines, etc.
• Disclose New Illnesses at the Time of Renewal: For a hassle-free claim settlement process, you must disclose your medical condition or any new illness that you are having at the time of Care insurance renewal.
• Opt For a Higher Sum Insured: Always choose a higher sum insured policy at the time of purchase. If you want to enhance the value of your sum insured, you can do it at the time of policy renewal of your Care insurance plans.

The Conclusion

Health insurance renewal plays an imperative role in your health insurance plan. It’s your prime responsibility to renew your health policy on time to enjoy all benefits uninterruptedly. We just mentioned how efficiently you can go for Care Health Insurance renewal to enjoy the utmost benefits of the policy.