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According to Star Health, there is a 30-day grace period for renewing your health insurance policy. This means that you can still renew your policy even after the due date, but you may have to pay a late fee.
The late fee is typically 1% of the annual premium, but it may vary depending on the insurance company. If you do not renew your policy within the grace period, your coverage will lapse and you will not be able to make any claims.
To avoid having your coverage lapse, you should make sure to renew your policy on time. You can do this by contacting your insurance company or by logging into your online account.
Here are some tips for renewing your Star Health insurance policy:
- Check your policy documents to find the renewal date.
- Set up a reminder in your calendar so that you do not forget to renew your policy.
- Contact your insurance company to confirm the renewal process.
- Make sure that you have enough money to pay the renewal premium.