- About Coverfox
A health insurance policy is the best protection shield you can buy for yourself and your family. In fact, it is important to stay protected from medical emergencies time after time, season after season, year after year. This is why you should renew health insurance annually. With Coverfox, you can renew health insurance within 5 mins! Know more here.
Ask yourself the question - Is it not better to be protected throughout your life instead of just a few years?
What if you had the option to protect your health and of your family’s? Throughout the year? And year after year? This sounds like a plan!
Yes, it's true. You can give the best of health to your family by simply renewing your medical health insurance policy. When you renew your health policy, you get the benefits of medical cover on a continued basis.
In addition, why do you want to spend enormous amounts of money on medical bills when you know that the cost of healthcare in India is rising? Renew your health plan today, save on health expenses and taxes. This is where we come into your picture. At Coverfox, you can renew your health plan at a click of a button. Don’t believe it, give us a try right now!
Policy is not the only thing which should be easy, but getting one in hand should be easier!
We, at Coverfox, understand the importance of health policy renewal on time. Therefore, we have dedicated 100% of our time in creating the best platform that is designed to make the entire process simple and easy.
With the online mode of renewal, you can get all of this information for free! Plus, renew the policy altogether in a matter of 5 minutes.
If you are still confused about renewing your health insurance plan, simply submit your phone number and our expert will call you soon.
Now that you are ready to make the next move, renew today on Coverfox and get instant policy delivery straight to your inbox. Here are the steps to renew your health plan online on Coverfox.
Are you a first time buyer? Be it the first or second time, recruit or veteran, we completely understand what your mind is going through. To help you with the same, we have created a checklist that you should consider before health insurance policy renewal online.
The best way to understand is to get involved, ask yourself these questions followed by the answers. Don't be shy, just give it a try.
Incurred Claim Ratio is the number of claims that is paid out against the total amount of premiums received by the health insurance provider. For example, if an insurer had approved a total claim of Rs. 60 crores in the year 2020 against the premiums received amounting to Rs. 100 crores, the ICR is 60% in 2020.
Claim Settlement Ratio is the number of claims that is approved or settled against the total number of claims that the health insurance company had received in a single financial year.
The annual premium for a 35-year old male (non-smoker) for a Rs. 20 lakh health cover can go anywhere from Rs. 11,000 to Rs. 17,000. The premiums payable for a 45-year old male (non-smoker) for a similar health cover can be around Rs. 14,000 to Rs. 25,000.
Yes, most of the health plans provide Ayurvedic, Yoga, Unani, Siddha and Homeopathy cover benefits.
Health insurance renewal premium is the amount you have to pay for your health insurance online renewal. The health insurance renewal rates are revised on an annual basis.
A health insurance card is a unique id card through which you can avail cashless facility at a network hospital. You can easily renew health insurance card online via your insurer.