Can I change my coverage when renewing my insurance policy online?

Insurance providers offer flexibility to customise your coverage when renewing policies online based on evolving needs.

For instance, at car insurance renewal, you can switch your existing third-party liability cover to a more extensive comprehensive plan covering your own damage too. While comprehensive coverage comes at a slightly higher premium, it provides wider protection. Similarly, you can opt for add-ons like zero depreciation or engine protection as value-adds over your basic policy at marginal costs.

Likewise, for health policies, sum insured enhancements, inclusion of pre/post hospitalisation expenses, or the addition of senior citizen parents can be easily done online during renewal. Carefully evaluate wider requirements before modifying covers, as reducing certain benefits mid-way can forfeit accrued rewards.

With the ability to alter covers, increase/decrease insured amounts, and add optional riders, online renewal gives you greater control to customise your insurance according to changing priorities.