Your policy has passed the stipulated grace period. As a valued customer, you have an exclusive option to renew your lapsed policy with us and revive your coverage subject to applicable terms and conditions.
Revival of your health insurance policy
If your Policy has passed the stipulated grace period due to non-payment of premium, you may apply for revival of your policy to the Company within a period of 180 days, subject to certain specific terms and conditions.
Specific conditions applicable to revival of policy
- (a) The request for policy revival should be intimated to the Insurer
- (b) Revival of policy shall be subject to
- a. Insurer’s discretion,
- b. Additional special conditions (if deemed necessary by us),
- c. Assessment of current health status,
- d. Undergoing medical examinations (if deemed necessary by us)
- e. Payment of all the premium (inclusive of applicable taxes) that was due and unpaid
- (c) Any claim/medical expense incurred during the lapsed period (time from when the grace period ends till the time payment is made) shall not be paid even after revival of policy i.e. no claim would be admissible for the break-in period in your policy. All other conditions pertaining to grace period holds true as per the policy terms & conditions of the policy.
- (d) Any claim arising out of an illness/injury/disease identified during such lapsed period and not declared at the time of revival shall not be paid even after recommencement of your policy
- (e) The Company reserves the right to accept or decline the revival of such lapsed policy and the continuation of coverage and benefits such as waiting period credits, accrued Bonuses and moratorium period protection is purely subject to Insurer’s approval by way of issuance of the continued policy In such an event, the policy cover would also recommence from the date of company’s decision of acceptance of revival of policy and subject to payment of all due premiums.
To recommence your cover click here: