How to Pay Your Reliance Health Insurance Premium Online?
Updated On Aug 28, 2022
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Every health insurance plan has a duration of coverage, often one, two, or three years. After this time period has passed. Keep the coverage options your health insurance policy offers by renewing it and paying the premiums regularly.
Payment of your health insurance premium is essential if a plan is not renewed before its termination date. If you let your policy lapse, you'll have to start the process of buying a new one from scratch, and you won't be able to carry over any of the accumulated advantages, including the No-Claim Bonus or perks from the waiting period.
How to Pay Your Health Insurance Premium Online?
In order to better serve customers, Reliance Life Insurance now accepts premium payments online-
- Visit the official website for Reliance Health Insurance. Open your browser and enter your customer ID and password to access your account.
- Go to the 'Health’ Section
- To make a payment, choose the policy that has a due date.
- Make fast premium payments using your choice of Net Banking, debit or credit card, eCard, or mobile wallet.
- Things to Remember When Paying Health Insurance Premiums Online
Should you Renew your Health Insurance?
Here are some tips to help you make an informed choice about whether or not to renew your health insurance:
- Remember when the policy needs to be renewed: This is because if they don't renew their health insurance on time, the insurance company will give them an extra 15–30 days to pay the premium. But if the premium isn't paid during the grace period, the health insurance policy will end and the insured won't be able to use any of the benefits that have been built up.
- Claim Tax Benefit: You can get a tax break on the premiums you pay for health insurance. During the renewal process, you can also switch policyholders to get better tax benefits.
- Policy documents Should Be carefully readed: Read the policy documents carefully and look for things like the renewal clause, the list of things that aren't covered, how to file a claim, and so on.
- During Renewal, Tell The Company About Any Current Illnesses: To make sure the settlement process goes smoothly in future, you must be true about your health when you buy the policy and when you renew it.
How to Renew your Insurance Policy Online?
Please follow the steps below to get your health insurance policy renewed at Reliance:
- Go to the website for Reliance General Insurance.
- On the homepage of Reliance General, choose the option called "Health”.
- When you click on "Health," you'll see a list of health insurance plans. Pick the health insurance plan that you want to keep.
- Say “Yes” To "Already Have A Policy With Reliance?" When the page for your chosen policy opens, click Yes next to Already have a policy with Reliance.
- Enter your phone number or your insurance policy number. Click on Renew Policy" after checking the box that says I accept the terms and conditions.
- Check the details of your insurance policy and pay the premium for the next year.
- When your payment goes through and your policy is renewed, you will get an email letting you know.
Conclusion
It's essential to remember that applying for an insurance renewal does not guarantee that the policy will be renewed. There can be no renewal of a policy without the consent of both the insured and the insurance company.
The insurance provider can choose the policy's terms and the cost of premiums entirely.
Also Read:
Why Should You Inform About Your Pre-Existing Medical Condition To Your Insurer?
