Acquiring health insurance is a crucial decision for individuals and families as it safeguards against unforeseen medical emergencies and hospital bills. ManipalCigna Health Insurance offers a holistic health insurance policy that caters to various medical expenses. The renewal of the policy plays a vital role in continuing uninterrupted coverage.
This article will highlight the benefits of renewing ManipalCigna policy, the different renewal processes available, and the step-by-step procedures for both online and offline modes.
Key benefits of ManipalCigna policy renewal
Renewing your ManipalCigna Health Insurance policy offers several benefits. Here are some of the key benefits:
- Uninterrupted protection: Renewing your health insurance policy provides uninterrupted protection against unforeseen medical emergencies for you and your family.
- No-claim bonus: ManipalCigna policyholders can enjoy the no-claim bonus program that rewards them with a discount on their premiums if they don’t make any claim during the policy period.
- Lifelong renewal: ManipalCigna Health Insurance offers you the opportunity to renew your policy throughout your life without worrying about age limitations or expiration.
- Expanded coverage: With ManipalCigna, you can broaden the coverage of your policy by adding riders or upgrading your existing policy.
- Tax advantages: According to Section 80D of the Income Tax Act, taxpayers can receive tax deductions of up to Rs. 25,000 per year on their health insurance premiums paid if they have a policy with ManipalCigna Health Insurance.
What are the types of renewal processes of ManipalCigna Health Insurance policy?
ManipalCigna Health Insurance offers two types of renewal processes: online and offline. Policyholders can choose any of the options depending on their convenience.
Online renewal process
The process of renewing your ManipalCigna Health Insurance policy online is a convenient and effortless task. Follow the step-by-step guide mentioned below to renew your policy online:
Step 1: The first step in renewing your ManipalCigna Health Insurance policy online is to visit the official website of the insurance provider. You should check the different types of health insurance policies to opt for a plan as per your requirements.
Step 2: After accessing the website, you need to navigate to the "Renew Policy" option available on the homepage.
Step 3: Enter your policy number and provide other essential personal details such as full name, e-mail ID, and contact number.
Step 4: Review the coverage offered by your policy to ensure that it meets your requirements. If needed, select additional riders to enhance the coverage and protect yourself against possible threats.
Step 5: The payment process is relatively straightforward, and there are several options available on the website through which you can make your payment. Choose the payment method that works best for you.
Step 6: As soon as the payment is confirmed, the renewal process will be initiated, and your policy will be renewed instantly.
Offline renewal process
Step 1: Visit the nearest ManipalCigna Health Insurance branch in your area.
Step 2: Provide your policy documents and crucial personal identification details such as Aadhaar Card, PAN Card, etc. to the representative.
Step 3: You can have a conversation with the representative to discuss your policy coverage and the available renewal options to verify that your policy aligns with your requirements.
Step 4: Make the payment of the premium through cash, cheque, or demand draft as per your convenience.
Step 5: After the payment confirmation, the renewal process of your policy will be initiated, and you will receive a receipt.
Step 6: The renewed policy documents will be sent to your address after the completion of the renewal process.
Step 7: Ensure to keep the renewal documents and the receipt safely for any future reference.