When you opt for a car insurance policy, you need to manage it so that you continue enjoying its benefits. One of the most critical aspects of managing your ongoing insurance policy is renewing it on time.
Our digital customer portal eliminates the hassles of branch visits. It provides you with a host of self-service options to manage your products online.
If you’ve opted for any of our partner insurance plans from the Bajaj Finserv website, you can renew it easily by visiting our customer portal – My Account. All you have to do is sign-in and raise a renewal request with us. Upon renewal, you can continue to receive the benefits of your policy.
Here’s a detailed guide on how to raise a request to renew your car insurance policy through your account with Bajaj Finserv:
- Login to your account with Bajaj Finserv: Begin by navigating to the Bajaj Finserv website. Click on the ‘Sign-in’ button to access your account. Ensure that you are using your registered credentials to access the platform, as this is necessary to view and manage your policies.
- Sign in using your registered mobile number and OTP: After clicking the ‘Sign-in’ button, you will be prompted to enter your registered mobile number. An OTP (One-Time Password) will be sent to this number for verification purposes. Enter the OTP in the provided field to confirm your identity and proceed further.
- Enter your date of birth for verification: For added security, you will be asked to enter your date of birth as part of the verification process. This step ensures that your account details are protected and only accessible to you. Once entered, click on ‘Proceed’ to move forward in the process.
- Select ‘Insurance’ as your product: Once you have successfully logged into your account, you will be directed to your dashboard, where you can see various product categories. From here, select the ‘Insurance’ category to access details regarding your car insurance policy and other insurance services.
- Choose ‘Renewal of insurance policy’ under ‘Query type’: After selecting ‘Insurance’, a list of query types will be available. From this list, choose ‘Renewal of insurance policy’ as your query type. This ensures that your request is directed towards the appropriate team for processing.
- Select the relevant ‘Sub-query type’: Depending on your specific requirement, you will need to select a relevant sub-query type. This might involve choosing options related to the specifics of your car insurance policy renewal. Ensure that your sub-query matches your request for a smoother process.
- Provide additional details, upload supporting documents, and submit: Lastly, you will be required to fill in any additional details related to your insurance renewal request. Additionally, upload any necessary documents that support your request, such as your previous policy copy or vehicle details. After completing all the required fields and reviewing your input, click ‘Submit’ to finalise your request.
By following these steps, your request to renew your car insurance policy will be successfully submitted.
Our representative will reach out to you within 48 business hours to guide you on the further steps.
Benefits of car insurance renewal
Once your insurance plan expires, you won’t be able to use its benefits as it becomes inactive. Therefore, it’s important to renew your car insurance on time so that you continue to avail of its benefits.
Here are three reasons why you should renew your car insurance on time:
Fines and penalties: Having car insurance is mandatory, failing which you might have to hefty pay fines.
No claim bonus (NCB): If you have not raised a claim request throughout the previous tenure, you might receive an NCB from the insurer. You can receive this NCB if you renew your policy before the grace period. However, if you renew your policy after the grace period, you might not be able to enjoy this benefit.
Comprehensive coverage: When you renew your car insurance plan, you can continue to enjoy coverage against accidents, natural calamities, theft and more.
It’s important to renew your car insurance on time, and our customer portal – My Account makes it an easy online process. You can also check your ongoing policy details such as start date, end date, policy number, premium amount and more. You can also manage the details of your insurance policy easily with our customer portal.
