Renew your insurance policy
If you have an insurance policy and are looking to renew it, you can visit our customer portal to raise a renewal request. With this feature, you can ensure that you continue to receive the benefits of the policy you’ve opted for.
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Raise a request to renew your insurance policy
- Click on the ‘Sign-in’ button on this page
- Enter your registered mobile number and submit the OTP to sign-in.
- Verify yourself by entering your date of birth and proceed.
- Go to 'Menu' and click on 'Help and Support' Click on 'New Request'
- Select the insurance policy for which you want to renew
- Choose ‘Renewal of insurance policy’ as ‘Query type’ and relevant ‘Sub-query type’
- Enter the additional details, upload the supporting document and submit your request.
Alternatively, you can click on the ‘Renew your insurance policy’ option to visit the service portal. Once you are signed-in, select your product and relevant ‘Query type and Sub-query type’ and submit the request.Once you submit the request, our representative will get in touch with you within 48 business hours to guide you on further steps.
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You can renew your insurance policy in an easy online process by visiting our customer portal – My Account. Once signed-in, you can select your insurance policy from ‘My Relations’ and proceed with renewal.
Important things to note while renewing insurance policy
Renewing your insurance policy requires careful consideration. First, renew well before the expiry date to ensure uninterrupted coverage and to avoid potential complications or higher premiums due to delayed renewals. Next, determine the type of cover that best suits your current needs, considering any changes in your circumstances since the last renewal. This will help you maintain adequate protection. Remember to claim your NCB (No Claim Bonus), which rewards you for not making any claims during the previous policy period, thus reducing your premium. Additionally, keep track of your insurance claim status to ensure all claims are processed correctly. Finally, don’t forget to download your insurance certificate for easy access and record-keeping.
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Check your insurance policy
Visit our customer portal to view and update your policy details.
Frequently asked questions
Insurance policies help you to deal with uncertainties such as accident injury, health issues, damage to your assets and more. Renewal will help you to continue enjoying the security of your insurance policy. In case you missed renewing your policy, it will become inactive, and you won’t be able to get the benefits in future.
Bajaj Finance offers a host of insurance products across different categories through leading insurance partners. If you’ve opted for any of these insurance policies and looking to renew them, you can raise a service request with us. Once you raise the request, our customer representative will reach out within 48 business hours and guide you on further steps.
It is advisable to renew insurance policy before the date of expiry. Check your policy details to keep track of the policy maturity date. You can visit our customer portal – My Account and raise an insurance renewal request with us.
It’s important to renew your insurance before maturity so that you can continue enjoying the benefits of the policy. While most policies have a one-year validity, some insurance companies also offer a longer validity. You can choose an insurance policy that comes with a longer maturity period of more than one year. In such a case, you can avoid insurance renewal every year as your policy validity is longer.
When your health insurance policy is due for renewal, you’ll receive a notification on your registered mobile number. You’ll receive this notification 45 days before the policy renewal date. You can renew your health insurance policy by raising a request with us.
To check your insurance renewal online, log in to your insurer's website or mobile app using your credentials. Navigate to the policy section, where you can view the renewal status and the due date. Ensure that your contact details are up to date so you receive timely reminders. Alternatively, you can also access the insurance claim status to keep track of any claims made.
Yes, you can download your policy document online by logging into your insurer’s website or mobile app with your credentials. Once logged in, navigate to the policy section and select the option to download the insurance certificate. Having a digital copy ensures easy access to your policy details whenever needed and is also useful for record-keeping.
An insurance policy can be cancelled only within the Free Look Period (FLP). As for ‘Insurance Surrender, some life insurance and health insurance policies may acquire a surrender value once the Free Look Period is over.
Once surrendered, you will receive the surrender value as per the policy terms and conditions but would no longer enjoy the benefits associated with the policy.
If you surrender your insurance policy after the Free Look Period (FLP) is over, the membership fee/premium amount will be refunded on a pro-rata basis or adjusted towards any outstanding loan amount within 7 business days from the date of request for surrender.
If you are not able to see your updated personal details, please raise your concern with the respective insurance company.
