5 Things to Check before Buying Insurance Policy from National Insurance

One of the most heartening functions of the insurance companies is that they constantly strive to provide healthcare services to people who cannot afford it. The reason behind that is they want to break the socio-economic barriers and make healthcare affordable to people who need it the most. They have switched to online mode which makes buying insurance very easy. Even National Insurance Company online renewal is a cakewalk process for people having the basic technical knowledge. However, there are some pointers that you should definitely check before buying an bike insurance or even before you go for  online renewal.

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      5 Important things to Check before Buying an Insurance Policy

      Here are the 5 important things to check before buying an insurance policy.

      1. Pick your Mode of Buying the Policy

      One of the smart ways to buy an insurance policy is by contacting the nearest branch. Although, you can check their website to find which option is great for you, talking to an expert authorized agent will help you pick the eminent product for you. You can choose to get the policy online too. It will help you to save a lot of time, money and efforts.

      2. The Most Suitable Product for you

      National Insurance company provides a wide array of products, each beneficial to people belonging to different strata of society and coming from different walks of life. You can choose the option for you from the list given below:

      • Mediclaim Policy
      • Critical Illness Policy
      • Mediclaim Plus Policy
      • Janata Personal Accident Policy
      • Varistha Mediclaim Policy for Senior Citizen
      • Parivar Mediclaim Policy
      • Individual Personal Accident Policy

      3. Get an Estimate through the National Health Insurance Mediclaim Premium Calculator

      This is one of the most important things to check before buying an insurance policy. When it comes buying insurance you can use their portal to get the right quote for a plan of your choice instantaneously, completely free of cost. It would simply require you to fill in important details such as your city, your birth date, email id, name and phone number along with the insured sum that you need.

      4. Find out About the National Insurance Company Online Renewal

      If you want to go for National Insurance Company Online Renewal, the process for the same is very simple. For instance, if you want to renew your National Health Insurance Mediclaim Policy, all you need to do is visit the company website, fill in your email id, and the current policy number.

      5. Verify your Payment Method

      One of the key highlight about National Insurance Company, especially for Mediclaim Policy is that you can choose a convenient method for paying premium All the Health Insurance Policies are available online. Even online renewal, you can renew the plan online. We understand that your money is important and you need a trusted portal to spend your money, which is why we recommend using the online portal. The online premium payment can be made through a credit card, debit card or even net banking.

      Over to you

      If you have any questions, you can check the FAQ section on their website. This way, you can have your doubts cleared. You can also contact their customer support, talk to the customer agent and seek their guidance on the entire process. After analyzing your insurance expectations and calculating your premium, you can plan out your budget. It will help you to opt for a policy that offers which provides maximum sum assured at minimum insurance premium. National Insurance Company is a trusted name in the insurance sector. Their insurance buying process is quite easy too. So, pick the plan that suits you the most and go ahead with the insurance buying process.

      Make sure that you read the policy copy carefully so that there is no room for any assumption.

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      Disclaimer: The list mentioned is according to the alphabetical order of the insurance companies. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website www.irdai.gov.in

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      *We will respond in the first instance within 30 minutes of the customers contacting us. 30-minute claim support service is for the purpose of giving reasonable assistance to the policyholder in pursuance of the claim. Settlement of claim (including cashless claim) is the responsibility of the insurer as per policy terms and conditions. The 30- minute claim support is subject to our operations not being impacted by a system failure or force majeure event or for reasons beyond our control. For further details, 24x7 Claims Support Helpline can be reached out at 1800-258-5881.

      *Product information is authentic and solely based on the information received from the Insurer. Policybazaar is acting only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. Policybazaar does not provide any medical or surgical advice or diagnosis and is not responsible for your interactions / treatment by a medical practitioner/hospital. Please consult a registered medical practitioner for any medical or surgical advice. The Information that you obtain or receive from Policybazaar, and its employees, or otherwise on the Website is for informational purposes only. As per the Insurance guidelines, you are allowed to cancel the policy with-in 30 days from the date of Issuance of policy.This option is available incase of policies with a term of one year or more.

      *All the health insurance plans cover hospitalization expenses including COVID-19 treatment cover up to the specified limits. You can also buy specific COVID-19 health insurance policies such as Corona Kavach Policy and Corona Rakshak policy.

      **All savings and online discounts are provided by insurers as per IRDAI approved insurance plans. #Tax Benefits are subject to changes in tax laws.

      *₹1748/month is the starting price for a 1 crore health insurance for an 18-year-old male, with no pre-existing diseases. Discount on renewal premium is subject to the number of wellness points earned in the health insurance policy. For more details about the plans, please read the sale brochure carefully to get upto 100% discount on renewal premium.

      *₹400/month is the starting price for ₹ 5 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹541/month is the starting price for ₹ 10 lakh Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹762/month is the starting price for ₹ 1 Crore Health insurance for a 30 year old male & 29 years old female, living in Delhi with no pre-existing diseases

      *₹243/month(₹ 8/day) is the starting price for a 5 lakh health insurance for a 20-year-old male, non-smoker, living in Bengaluru with no pre-existing diseases

      *₹2020/month is the starting price for ₹ 1 Cr Health insurance for a 50 year old male & 50 years old female, living in Bangalore with no pre-existing diseases rounded off to nearest 10.

      *₹390/month (₹13 per day) is starting price for 1 cr. Health insurance for 25 years old male, with pre-existing diseases, residing from tier 1 city rounded off to the nearest 10.

      *No medical tests are required unless requested by the insurer’s underwriter. In-case of pre-existing diseases relevant medical proof would be required as per the terms and condition of the policy opted.

      *The values taken for effective cost calculation are indicative values and may change as per the selected plan.

      *Coverage upto double the amount of Sum Insured is available on certain covers for a minimum plan of Rs. 5 Lakh on the first claim only to an individual of upto 45 years of age with no pre-existing diseases. The benefit is available with or without extra cost depending on the plan chosen.

      *Coverage of pre-existing diseases is provided by insurer as per their underwriting policy.

      *The scope of coverage may vary from plan to plan.

      ~Source: Google Review Rating available on:- http://bit.ly/3J20bXZ

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