Q1. How early can I renew my National Health Insurance policy?

Ans: You can renew your National Health Insurance policy up to a maximum of 45 days before the policy due date.

Q2. Is it possible to renew my National Health Insurance policy after it has expired?

Ans: Yes, you have the option to renew your National Health Insurance policy during the grace period provided by the insurance company. This grace period, typically lasting 30 days, allows policyholders to renew their policies even after the expiration date.

Q3. What happens if I fail to renew my National Health Insurance policy on time?

Ans: Failure to renew your National Health Insurance policy on time will result in your policy getting lapsed. Consequently, you will no longer be covered under the policy and, thus, will not be able to raise any claims with the National Insurance Company.

Q4. Can I renew my National Health Insurance policy if I have filed a claim in the previous year?

Ans: Definitely. You can renew your National Health Insurance policy regardless of whether you have filed a claim in the previous year or not. Although, you will not be able to avail the benefits of NCB as it will restore to zero.

National Health Insurance Renewal Online: Renew Policy Instantly

National Health Insurance Renewal

National Health Insurance renewal is essential to maintain continuous coverage and enjoy the benefits of a National Health Insurance policy. The renewal procedure can be easily completed online with the help of flexible payment choices. Policyholders can maximize the benefits and effectively safeguard their healthcare requirements by renewing their policy prior to its expiration date.

Benefits of Renewing a National Health Insurance Policy Before Expiry

Check out the benefits of renewing a National Health Insurance policy before its expiration date:

Continuous Coverage - Policyholders can continue enjoying uninterrupted medical coverage all the time by renewing their National Health Insurance policy before the due date. If they fail to do so, they will no longer be eligible to raise any claims with the National Insurance Company.
No Loss of NCB - By renewing their National Health Insurance policy before the due date, policyholders can prevent the loss of their accumulated No Claim Bonus (NCB). The NCB restores to zero if a policy lapses. As a result, policyholders will not be able to utilize their accumulated NCB to reduce their renewal premiums.
Lower Premiums - People who renew their health policies before their expiry date can avoid the burden of paying higher premiums. This is because insurance companies often charge a higher premium amount to individuals who renew their policies after the due date, making timely renewal a financially beneficial decision for policyholders.
Tax Benefits - The premium paid for a National Health Insurance policy is eligible to avail tax benefits under Section 80D of the Income Tax Act. Failure to renew the policy on time and allowing it to lapse will make the policyholder ineligible for tax benefits.

How to Renew a National Health Insurance Policy?

To renew a National health insurance policy seamlessly, please adhere to the following steps:

Step 1: Visit the official website of Policybazaar Insurance Broker Private Limited.

Step 2: Go to 'Renew Your Policy' at the top of the page and click on 'Health Renewal.'

Step 3: Enter the registered mobile number and the OTP sent to the registered mobile number.

Step 4: Key in the necessary details and pay the premium for your National Health Insurance policy.

Step 5: New users of Policybazaar.com can click on the 'Health Insurance' icon on the homepage.

Step 6: Enter details such as name, gender and select the individuals to be insured along with their ages.

Step 7: Enter the city of residence city or the area pin code along with the mobile number.

Step 8: Select the suitable option to provide the details of your medical history.

Step 9: Choose the National Health Insurance policy you wish to renew and make the renewal premium payment online.

Once the premium is received, the National Insurance Company Ltd. will renew your policy.

National Health Insurance Renewal Grace Period

All National Health Insurance plans typically come with a grace period. This refers to an additional time period after the policy due date, during which the policyholder can pay the renewal premium without getting their policy lapsed. If the policy is renewed within the grace period, the policyholder can continue enjoying the benefits of the policy, including the ability to file health insurance claims.

The duration of the grace period may differ from one health plan to another. However, most National Health Insurance plans come with a grace period of 30 days.

FAQs

Q1. How early can I renew my National Health Insurance policy?

Ans: You can renew your National Health Insurance policy up to a maximum of 45 days before the policy due date.
Q2. Is it possible to renew my National Health Insurance policy after it has expired?

Ans: Yes, you have the option to renew your National Health Insurance policy during the grace period provided by the insurance company. This grace period, typically lasting 30 days, allows policyholders to renew their policies even after the expiration date.
Q3. What happens if I fail to renew my National Health Insurance policy on time?

Ans: Failure to renew your National Health Insurance policy on time will result in your policy getting lapsed. Consequently, you will no longer be covered under the policy and, thus, will not be able to raise any claims with the National Insurance Company.
Q4. Can I renew my National Health Insurance policy if I have filed a claim in the previous year?

Ans: Definitely. You can renew your National Health Insurance policy regardless of whether you have filed a claim in the previous year or not. Although, you will not be able to avail the benefits of NCB as it will restore to zero.

Policybazaar exclusive benefits

30 minutes claim support*(In 120+ cities)
Relationship manager For every customer
24*7 claims assistance In 30 mins. guaranteed*
Instant policy issuance No medical tests*

Health insurance companies

View more insurers

Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

Universal Sompo Health Insurance Plans

Individual Health Policy

Aapat Suraksha Bima Policy

Hospital Cash Insurance

Saral Surakhsha Bima

Sampoorna Suraksha Bima