Once the Sum Insured is exhausted the policy stands automatically terminated.What if I want to renew the Policy?
health insurance
Once the Sum Insured is exhausted the policy stands automatically terminated.What if I want to renew the Policy?
You are not 100% correct here:Originally Posted by A.J.NAYAR
1- Health Insurance or Mediclaim - Only Sum Insured exhausted. You can't claim against that policy until renewal. On renewal - you can renew as normal.
2- Critical Illness - If Sum Insured exhausted the policy stands automatically terminated. You can't renew. But you can buy a new policy.
3- Personal Accident - If Sum Insured exhausted the policy stands automatically terminated. You can't renew. But you can buy a new policy.
You will pick up maximum wrong numbers when on roaming.
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