Tata AIG Health Insurance Renewal

Ready to renew your Tata AIG Health Insurance plan? Here are the different factors that can influence your policy renewal premium amount, such as:

• Age: Tata AIG Health Insurance Premium determined for various age groups is different and so is their renewal cost. The older you get; the higher will be your renewal premium as there is a higher risk of health issues.
• Medium History: Your renewal premium amount might also increase if you have developed any new medical condition in the last year of your policy period.
• Lifestyle: Since the last policy term, if the insured individual has started consuming alcohol or smoking regularly, the premium will increase as there might be a higher need for treatment in the coming future.
• Add-ons: There are different health insurance policy types offered by Tata AIG with access to add-ons. If you apply for new or multiple add-ons, your renewal premium count may increase.
• Policy Changes: If you want to make any additional policy changes to the existing plan, there might be an increase in your renewal cost.
• Inflation Impact: In case there is an increase in the costs related to the healthcare industry, the Tata AIG team can also raise its renewal premium.

Here's how the insured individual can track Tata AIG's health insurance policy renewal date. Also, we have penned down different reminder options available.

How to Check the Renewal Date?

Using the following methods, one can easily check or track the renewal date of the Tata AIG Health insurance policy:

• Policy Documents: The best way to check your renewal date is to go through your Tata AIG health insurance policy document as it generally provides the policy expiry date in it. The day your current policy will expire will be the day you must renew your policy too to avoid losing your policy benefits. Try to renew your policy before or on the renewal date to avoid interruptions.
• Check Tata AIG Website or Mobile App: Another method to track your renewal date is to visit the official website or download the mobile app. Once you log in to your account with the registered number and visit the renewal tab on the menu bar, provide your policy number, the team in turn will give you a quick update on the renewal status. You can also visit the InsuranceDekho website to get policy details and renewal date.
• Check InsuranceDekho Dashboard: You can also login to your InsuranceDekho dashboard where you can see the renewal date for your policy. You can login from here https://www.insurancedekho.com/ after clicking on the “login” button situated on the top right of the website link.
• Contact Support: Feel free to reach out to InsuranceDekho on call 7551196989 or Tata AIG's Health Insurance support team for quick assistance by calling 1800-266-7780. The customer care executive might request a few details from your end, including your name, policy number, etc, to update about the policy expiry date or renewal date.
• WhatsApp Chat Feature: All insured individuals can also send a WhatsApp message at +91-9136160375 with their registered mobile number to get a quick brief on their renewal date at any hour.

NOTE: Tata AIG provides a grace period to renew the policy if due to some reason, the insured individual missed out on renewing the policy by the set expiry date.

*The grace period is the additional time provided by the insurer to the insured individual or policyholder to renew their coverage plan if missed the due date. With the grace period in hand, one can prevent paying heavy fines and still renew their policy. Remember the grace period might vary based on the insurer and the health insurance plan selected.

Reminder Options

Here are some of the methods used by us and the insurer to remind and keep the policyholder updated about the policy renewal date.

• InsuranceDekho Reminder: The InsuranceDekho support team uses different channels like WhatsApp messages or email to send policy renewal reminders.
• Email or SMS by the Insurer: Tata AIG Health Insurance Limited customer care executives can also send renewal reminders directly via email, WhatsApp, or SMS to keep you informed about the renewal due date.

Here are the following benefits one can avail of renewing their existing Tata AIG health insurance policy:

• Continuous Coverage: With the rising number of critical illnesses, one can fall into unforeseen situations at any time. Rather than taking gaps in your selected health insurance plan and finding issues in filing claims, renew your policy to enjoy seamless coverage and financial stability.
• Lower Premiums: There are cases where policyholders renew after passing the expiry date resulting in higher premiums. Instead, try to renew before the due date to gain access to lower premium options on renewal.
• No Claim Bonus: In the policy renewal process, if the insured individual made no claim during the last policy term, he is eligible for a special discount or No claim bonus resulting in lower premiums.
• Reduced Waiting Period: If a policyholder renews the existing plan before the due date, the waiting period will be continued to the next cycle. However, if the insured individual renews after the due date, the waiting period will start from zero again.
  *The waiting period refers to a set time frame during which specific health insurance coverage and benefits are not available or payable.
• Tax Benefits: Save taxes by renewing the policy before the expiry date as under Sec 80D of the IT Act, the Tata AIG Health Insurance premium is eligible for tax benefits. You may lose this opportunity if the policy ends due to non-renewal.

A policyholder may face certain potential risks in case of non-renewal of Tata AIG Health Insurance policy:

• Loss of Health Coverage: With a health insurance plan in hand, we gain access to various benefits and coverage that include protection against medical emergencies and financial support. Due to non-renewal, one may no longer be eligible for health coverage of a pre-existing Tata AIG Health insurance policy.
• Financial Risks: Not every middle-class person can afford expensive medical treatments on their own. This is why most people apply to get insurance coverage for certain medical treatments. If the policy lapses without renewal, there is a high chance that you will need to bear the entire bill and medical expenses on your own. This can badly affect your financial state and well-being.
• Re-underwriting Process: If the insured individual missed the deadline for policy renewal, he might have to undergo an underwriting or re-application process, resulting in higher premiums. In some cases, during the re-application process, the insured individual is denied coverage due to current health status or condition.
• Pre-existing Condition Exclusion Risk: If your insurance is not renewed, there is a chance that you may eventually run into pre-existing condition exclusions. This could imply that, if you apply for new insurance again, certain health conditions that you may have acquired during the gap in coverage might not be covered.
• Waiting Period: The policyholder may lose certain benefits that he accrued during the waiting time if he chooses not to renew the existing plan. This may further cause delays in receiving coverage for specific health issues and financial risks.

Keep the following factors in mind when applying for Tata AIG Health Insurance Renewal:

• Policy Details Verification: Make sure to through the policy's terms and conditions, inclusions as well as exclusions, and sum insured before renewal. Check if any changes are made to the existing policy or if it meets your current medical requirements.
• Waiting Period: Track and review your initial waiting periods or the ones related to pre-existing health conditions. Going through this information will help you update as to when specific coverage starts.
• No Claim Bonus (NCB): Examine how the No Claim Bonus can benefit you in the policy renewal and get the most out of your insurance coverage.

Documents Required For Renewal

To renew your existing Tata AIG Health Insurance policy, make sure to submit the following documents:

• Policy Renewal Form with your signature and details
• Submit ID proof documents including Aadhar, PAN, or passport
• Submit Address proof including Rental Agreements for residential verification
• Attach Pre-existing policy details
• New medical check-up report highlighting any new health issue (if any)
• Claim History Status report
• In some cases, you might need to submit Income proof

You can choose to pay using a Digital Payment App (like Paytm), Debit and Credit Card, or Autopay/E-mandate option supported by Tata AIG. Feel free to use any of the following methods when it comes to renewing your policy.

One can renew the existing Tata AIG Health Insurance policy using the online mode or offline method. Here are the following steps you need to follow for these processes to work.

Online Procedure

If you have decided to renew your policy using the online method, here are the different ways you can choose from and proceed:

Online Procedure of Tata AIG Health Policy Renewal with InsuranceDekho

Step 1: Visit InsuranceDekho’s official website and press on the “Support” button on the top menu.

Step 2: Select the “Renew Policy” option from the dropdown list to restart the existing plan.

Step 3: Make sure to fill in the registered mobile number in the required field and proceed with “OTP request”.

Step 4: You will receive an OTP on your registered mobile number, use it to log in and access Tata AIG Health policy information.

Step 5: To start the renewal process, click the "Renew" button.

Step 6: Choose the payment mode after finalizing the policy renewal premium and make payment, your Tata AIG Health Insurance policy will be renewed.

Online Procedure of Tata AIG Health Policy Renewal via the Official Site

If you are planning to get your policy renewed from the official Tata AIG website, here are the steps:

Step 1: Visit the Tata AIG website, log in with your registered mobile number, and click the "Renewal" button on the top bar.

Step 2: From the dropdown list, click the “Health” option.

Step 3: A page will appear on the screen requesting for the “Policy Number”. Enter your current policy number and proceed.

Step 4: Click on the "Renew" button below to proceed.

Step 5: Next, it will display the renewal payment amount you need to pay.

Step 6: As soon as you make the payment, your Tata AIG health insurance policy will be renewed and a confirmation mail with the new policy documents will be sent to the registered email ID.

Why Renew with InsuranceDekho?

• Unbiased Opinion: Get access to unbiased insurance advice and information related to a policy that is suited to your requirements.
• Renewal Reminder: You will receive timely updates and renewal notifications on your mail or mobile number that will help make more informed decisions for your insurance coverage.
• Support Throughout: Be it any information related to policy changes or renewal, InsuranceDekho executives will provide assistance throughout the insurance journey.
• Port Feature: We help you through the process of transferring to a new insurer if you're not happy with your present one.

Offline Procedure

Some of the offline methods you can choose to renew your Tata AIG policy include:

• InsuranceDekho Relationship Manager: Send a request to the Relationship Manager at InsuranceDekho to provide home assistance service. This way you will receive personalized attention and guidance from the concerned individual throughout the renewal procedure.
• Insurer's Branch Office: You can even make a visit directly to the nearby insurer's branch office [1] to receive assistance and renew your policy under the right guidance.

Some important points to keep in mind when renewing an expired Tata AIG Health Insurance policy:

• Eligibility: Tata AIG Health Insurance grace period generally lies between 15 to 30 days depending on the medical insurance plan chosen. [2]
• Condition: You will not gain any coverage between the policy expiry date and renewal date within the grace period. This implies specifically in the case where the policyholder paid the renewal premium after the expiry date but within the grace period, as a result, you will have no reimbursement for medical costs incurred during this time. Example: You receive a notification updating about your Tata AIG Health Insurance policy expires on 15th September. Automatically, you will have a grace period till 30th September. Now, if you paid the renewal premium on 20th September, then the coverage or medical costs incurred from 15th September to 19th September will not be available or payable by the insurer.
• Premium: The premium for renewing an expired policy typically remains the same, until and unless there are any alterations in your address, age slab, or rider additions.
• Renewal Process: Follow the renewal process included in the section above to proceed further with renewing your Tata AIG health insurance policy.

If you have any concerns related to the response or service dissatisfaction with the current insurance company, follow these steps:

• Discuss Issues During Renewal Contact: Feel free to discuss your concerns with the executives when InsuranceDekho's renewal team contacts you. It will help you get the right solution and updates on policy changes that suit your needs.
• Porting Your Coverage with InsuranceDekho: Use InsuranceDekho's port feature to move your existing plan to another insurer of your choice. On the basis of your unique needs, our staff will provide the right advice.
• Connect with an InsuranceDekho Advisor: Call +91-7551196989 or email to support@insurancedekho.com to connect directly with InsuranceDekho's advisors for support. [3]

Most people have false beliefs about how to renew their health insurance plans. Let us examine some of the common myths related to policy renewal.

Myth 1: Policy Renewal Before Set Expiry Date is a Waste of Money

Reality: Contrary to this belief, there are various benefits if a person renews the existing Tata AIG insurance policy before the expiry date rather than wastage of money. Renewing before does not imply that the current date will be the new policy date, instead, the policy will get renewed on the set expiry date but you will gain other benefits by applying early. Guaranteeing you gain full coverage without any loss in financial support.

Myth 2: Each Renewal results in a Premium Increase (Always)

Reality: Another common misconception related to health insurance premiums is it increases every time you apply for renewal. However, the truth is premiums only increase in certain cases such as adding riders, relocation, the addition of new health issue, etc.

Myth 3: Reviewing Policy Terms Is Not Necessary During Renewal

Reality: Certain policyholders maintain the belief that insurance terms never change, resulting in them never reviewing the policy during the time of renewal. But, in reality, policies change. Hence, it is recommended to review changes or updates in the policy to make sure your coverage still meets your needs.

During the Tata AIG Health Insurance renewal process, if you face any sort of issues or have concerns, feel free to contact the support team for immediate assistance.

Contact Tata AIG Health Insurance

• Download Tata AIG mobile app from the Google Play or the Apple App Store
• Send "Hi" on WhatsApp number +91-9136160375 for a quick solution
• Use the Self-service portal [4]
• Connect directly with the customer care team on 1800-266-7780

Contact InsuranceDekho

If you require any help related to the renewal procedure of Tata AIG Health policy, you can connect directly with our InsuranceDekho's customer support team.

• Email our customer care executives at support@insurancedekho.com

Call 755 1196 989 InsuranceDekho's helpline number to directly communicate with a support representative. [3]

1. https://www.tataaig.com/contact-us
2. https://www.tataaig.com/knowledge-center/health-insurance/what-is-the-grace-period-in-health-insurance-plans
3. https://www.insurancedekho.com/contact-us
4. https://www.tataaig.com/servicing