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1.2%First documentKnow More About Cumulative or No‑Claim Bonus and Its EssentialsOpen original ↗
Second documentSum Insured in Health Insurance: Meaning, Impact & BenefitsOpen original ↗
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Get in Touch with an Expert
Reach out today for personalized insurance guidance, tailored solutions, and dedicated support from trusted professionals
Get in Touch with an Expert
Reach out today for personalized insurance guidance, tailored solutions, and dedicated support from trusted professionals
Does making even a small claim reduce my cumulative bonus?
In many cases, yes. Even a small claim can reduce or reset the cumulative bonus. However, some policies exclude specific claims from affecting the bonus. Reading the fine print is essential to avoid surprises.
Can the sum insured be enhanced during renewal?
In most cases, yes. Policyholders can request an increase at renewal, subject to underwriting and policy terms. Waiting periods may apply to the increased portion.