How Health Insurance Renewal Can Keep You Out Of Trouble

In today’s fast-paced life where everything is available simply at the click of a button, why should something as important as health be left behind! While being carried away with the flow of an extremely hectic life, somewhere deep down, all of us worry about the adverse impact it may have on our health, especially in the long run.

And we all know way too well how illnesses, primarily unforeseen ones, strip you of not only energy but also a massive chunk of your hard earned money! But, it is nothing short of a blessing to know that Religare health insurance renewal is out there to take care of every hassle in the face of a medical emergency while you can only focus on recovery!

What’s And Why’s Of Health Insurance?

These are questions that often crosses everyone’s mind when it comes to investing in health insurance policies.

First, let us understand health insurance.

Health insurance is basically insurance that provides financial security in partially or entirely in case of medical expenses that may be incurred by a person. These insurance providers could be government or private agencies or non-profit entities as well. Accidents, disabilities, certain illnesses are usually covered for in these policies.

Let us look at some advantages:

Financial Security

The most prominent of all the benefits being the cushioning of the financial blows that arise in the face of medical emergencies. And while we are lucky to be living in an era where medical science is progressing swiftly, we cannot ignore the fact that so are various illnesses! Add to that the increasing cost of treatment!

Tax Benefits

There is more good news! Clients can avail tax benefits under section 80D and 80DD, wherein: 

1. The health insurance premium is eligible for deduction under section 80D. 
2. Premium paid for the health insurance of a disabled or dependent family member is qualified for deduction under section 80DD.
3. Besides, a deduction is also applicable on the money spent on the treatment of disabled members.

Religare Health Insurance Renewal

One of the most trusted names in the industry, Religare well-rounded health insurance plans can always be trusted to be by you and your family’s side.

So, renewal of health insurance policy can prove to be a very sensible decision.

Benefits Aplenty!

• Your caretaker right from diagnosis to recovery! - Religare health insurance renewal ensures your expenses are taken care of on the entire journey of the illness right from pre-hospitalization, ambulance cover, In-patient hospitalization to a 60-day post hospitalization expenses! 
• Annual Health Check-up - Prevention is always better than cure. Religare is with you in that belief, which is why it provides a yearly health checkup for you and your family members under the policy. 
• Automatic reinstatement - With every claim made, Religare will automatically recharge the entire insured amount, so you never have to worry about running out of health cover. 
• Freedom to renew lifelong - Most of Religare insurance plans offer lifelong renewability with yearly Religare health insurance renewal. 
• No upper age limit - Religare health insurance renewal or even enrollment can be done regardless of your age, even if you are 100!

Specific Benefits Of Religare Health Insurance Renewal.

• Bonus for No claims - With every year of sound health, Religare health insurance renewal will up the amount insured by 10% with the upper limit being 50% in five successive years.
• Tax benefits - With every annual Religare health insurance renewal, you can avail tax benefits of up to Rs 50,000 under section 80D every year!
• Security against rising costs - With the constant increase in medical expenses, one thing is absolute.
• With each passing year, your medical bills are sure to go up. Religare health insurance renewal is sure to cushion this blow for you!
• Upgrade your policy - With Religare health insurance renewal, you can always opt to step up your previous policy for better coverage plans as per your requirements and also to beat the rising medical expenses.

No Fuss And Easy Health Insurance Renewal Process!

With most of us hard pressed for time, Religare understands lengthy health insurance renewal process can be demotivating, which is why Religare health insurance renewal payment and a procedure is quick and straightforward with Religare online payment facility!

• Log in to their website and click on the renew tab to start your health insurance renewal process. 
• Under “Use your existing details to renew”, just enter your policy number and DOB and submit. 
• Enter a few more details on the renewal page.
• Choose your desired payment mode from multiple Religare online payment options like Internet banking, Debit/Credit card or paytm to process your health insurance renewal online from the comfort of your home.