"Lifelong renewability" means that something can be renewed or extended for the entire duration of a person's life.
Full definition
Ideally, you should go for a plan that specifically offers
lifelong renewability so that you can get the most out of your insurance plan.
With the new IRDA regulations, the scene is going to be reversed as every health insurer will have to feature
lifelong renewability in their policies.
It offers benefits
of lifelong renewability and Income tax benefit on the premium paid while covering yourself, spouse, dependent children, and parents.
Our Individual Personal Accident policy offers
lifelong renewability i.e there is no maximum cover ceasing age in this policy.
With lifelong renewability, this policy pays the lump sum amount on first diagnosis of any of the critical illnesses which are covered.
Optima Restore - The Unbelievable Health Plan offers
you a lifelong renewability as there's no maximum cover ceasing age.
We provide medical assistance and offer a host of other features such as
lifelong renewability and no entry age limit.
Not only they are constantly expanding their web of network hospitals, clinics and specialty care centres, but also offering value added services on their plans such as maternity coverage, day care expenses,
lifelong renewability, 24x7 doctor helpline and regular health check ups.
Continuous Cover: Where earlier renewals were permitted only till the age of 65 - 70 years, with
a lifelong renewability option you could now be ensured of continuous health coverage, with no ceasing age.
It should be renewed every year and with
the lifelong renewability feature available in all plans today, it becomes easier to continue your coverage in the old age too.
Now a days, some insurance plans feature
lifelong renewability.
The facility of customization, optimum coverage level, comprehensive coverage, coverage for parents and
lifelong renewability would be provided by an independent health insurance policy for you and your family members.
There are numerous benefits of availing senior citizen health insurance like enjoying cashless treatment,
lifelong renewability, avail health checkups annually and domiciliary Hospitalization cover.
Taking senior citizen health insurance will not only cover the treatment of various health diseases but will also provide benefits like cashless hospitalization,
lifelong renewability and hassle - free claim settlement.
These stand - alone insurances cost - effectively cover more diseases, often over 20, with higher sums assured and
lifelong renewability.