Royal Sundaram Health Insurance Renewal

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      Royal Sundaram Health Insurance Renewal

      Royal Sundaram Health Insurance renewal helps to maintain uninterrupted coverage of a Royal Sundaram Health Insurance policy. Policyholders can conveniently renew their health insurance policy online and pay through flexible premium payment options. Besides, they can enjoy various coverage benefits by renewing their Royal Sundaram medical insurance policy before expiry.

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      Benefits of Renewing a Royal Sundaram Health Insurance Policy Before Expiry

      Here are some of the notable benefits of renewing a Royal Sundaram health insurance policy before the due date:

      • Continuous Coverage - By renewing their Royal Sundaram Health Insurance policy on time, policyholders can ensure the continuity of their medical coverage and maintain essential protection during times of need. If their policy is not renewed before the due date, it will expire and lead to a break in coverage. As a result, they will not be able to file any claims with the Royal Sundaram General Insurance Company.
      • No Claim Bonus (NCB) Protection - To safeguard their No Claim Bonus (NCB) and reap its associated benefits, policyholders must prioritize renewing their Royal Sundaram Health Insurance policy before the due date. By doing so, they can safeguard their NCB, which can be used to avail discounts on future premiums or enhance the coverage amount. If the policy lapses, policyholders stand a chance to lose their NCB entirely.
      • Lower Premiums - Policyholders who renew their Royal Sundaram Health Insurance before the expiry date can prevent paying higher premiums. This happens because insurance providers often charge a higher premium price to individuals who renew their policies after the deadline.
      • Tax Benefits - Royal Sundaram Health Insurance policyholders can avail tax benefits on the renewal premium amount as per Section 80D of the Income Tax Act. By paying their renewal premium before the policy due date, they become eligible for tax deductions, thereby lowering their overall tax liability.

      How to Renew a Royal Sundaram Health Insurance Policy?

      To renew Royal Sundaram health insurance online, follow the steps mentioned below:

      Step 1: Visit the 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: Fill in your registered mobile number and the OTP received on your mobile phone.

      Step 4: Provide the relevant details and pay the premium for your Royal Sundaram Health Insurance renewal policy.

      Step 5: New users of Policybazaar.com can click on the ‘Health Insurance’ icon on the homepage to begin the renewal process.

      Step 6: Fill in your name, select your gender & the people to be insured and enter everyone’s age.

      Step 7: Enter your city of residence/ pin code and your phone number.

      Step 8: Furnish the required details about your medical history by selecting the appropriate option.

      Step 9: Select the Royal Sundaram health insurance policy to be renewed and pay the renewal premium online.

      The Royal Sundaram General Insurance Company will renew your policy after receiving your premium payment.

      Royal Sundaram Health Insurance Renewal Grace Period 

      Most Royal Sundaram Health Insurance plans provides a grace period, allowing policyholders some additional time to pay the renewal premium beyond the due date. The policy remains active without any lapses if the renewal premium is paid within the grace period. Additionally, policyholders retain the ability to file health insurance claims if the premiums are paid before the grace period is over.

      The duration of the grace period may vary from one health insurance plan to another. However, most Royal Sundaram Health Insurance plans offer a renewal grace period of 30 days.

      FAQs

      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*
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      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

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws. GST Exemptions depend on fulfilment of qualification criteria and submission of relevant documents.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

      ~Source: Google Review Rating available on:- http://bit.ly/3J20bXZ

      ##On ground claim assistance is available in 114 cities

      Tax Benefits are subject to changes in tax laws. GST Exemption depends on fulfilment of qualification criteria and submission of relevant documents as required by the insurers. For more details on risk factors, terms and conditions, please read the sales brochure and applicable rules and regulation carefully before concluding a sale.

      STANDARD TERMS AND CONDITIONS APPLY. For more details on risk factors, terms and conditions, please read the sales brochure carefully before concluding a sale.

      Policybazaar is a registered Composite Broker |Registration No. 742, Valid till 09/06/2024, License category- Composite Broker| Visitors are hereby informed that their information submitted on the website may be shared with insurers.

      Policybazaar Insurance Brokers Private Limited | CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001 Contact Us | Legal and Admin Policies

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