Health Insurance

Why Should You Choose Star Health Insurance Online Payment Method?

By Juhi Walia
13 September 2022, 11:49 AM

Star health insurance has exciting features to make the experience seamless for its customers. Besides substantial health insurance coverage, low premiums, and an array of plans, policyholders favour Star for its good services, such as ease and agility of making payments to buy or renew policies. To that end, almost everyone in the insurance sector has embraced digitalisation and made procedures simpler and accessible. What’s striking about Star health insurance is its easy and quick online premium payment process.

It ensures that the policyholder pays the premium in a timely and hassle-free manner. Since it saves you from a trip to drop the cheque, even if you are outstation, pressed for time or unavailable for any reason, you wouldn’t miss the due date and thus prevent the policy from lapsing. That apart, online health insurance usually gives discounts on some plans. 

Unique Plans Under Star Health Insurance

One of India’s most reputable and reliable insurers, Star Health Insurance, has three main categories — health insurance, mediclaim policy and personal accident. The insurer has several plans to suit the customers’ unique needs. Some of these are: 

  • Star Comprehensive Insurance Policy 
  • Senior Citizens Red Carpet 
  • Star Cancer Care Gold 
  • Diabetes Safe Insurance Policy
  • Star Cardiac Care Insurance Policy
  • Star Care Micro Insurance Policy
  • Star Criticare Plus Insurance Policy

How Star’s Online Payment Works

Star Health Insurance is renowned for providing some of the easiest and quickest ways to pay premiums online. It is also particular about customers’ online security while making payments. The straightforward procedure includes visiting its website and following the step-by-step instructions. 

  • Click on ‘Buy Now’
  • Enter your details — full name, valid phone number, pin code and one of the types of health insurance (self, family or parents)

Once on the policy purchase page, select the insurance cover, fill out the required details, and you will reach the payment page. 

Modes of Payment

Star Health Insurance facilitates payments through many convenient methods. 

  • Star Health Mobile App – You can quickly and conveniently make the payment on the Star Power mobile app instead of browsing through numerous pages on the web browser. Once you log in and register, the details will be available on the dashboard to pay through credit card, debit card, or e-wallets, including Paytm.
  • E-wallets – This method supports health insurance premium payment and often has exciting offers. Here’s how you can use this mode:
  • Paytm Website and App – For new policies, you can use the health insurance premium calculator on the platform to know the right coverage amount. Fill in some basic details, and you will get quotes from different providers. You can even compare health insurance to buy the best one.

Can I Opt for Star Health Insurance’s Online Payment

Paying premiums or renewing on time is crucial to continue receiving coverage and health insurance benefits. Offline methods to make a payment for Star Health Insurance policy require the customer to:

  • Visit Star health’s branches to make the payment through cheque, DD, or cash if the premium amount is under INR 50,000. 
  • Pay in cash at the nearest authorised collection centre, a Government of India initiative to enable those who cannot use digital mediums. 
  • Send a cheque or demand draft through courier to the nearest Star health insurance branch. After the cheque or DD clears, the insurer sends a receipt for the same. 

While you can make offline payments, an online method has its set of advantages, such as:

Saves Time and Hassle

Our hectic lives inspire us to look for options that save time and effort. Offline methods entail multiple steps, such as physically visiting a branch, collection centre, or even the courier service. When busy with other tasks, this can undoubtedly be frustrating. Hence, practically all insurers have launched online payment methods. 

Discounts Save Money 

Online purchasing and renewal options also come with enticing discounts and offers. Even a 5% discount on the premium could save you thousands of rupees. Moreover, the discounts offered by Star health insurance are per the IRDAI approval. Standard terms & conditions apply for the same.

Minimal or No Paperwork

The laborious paperwork associated with traditional insurance is one of its downsides. Nobody has the patience to go through extensive paperwork, even to buy health insurance. Online payment methods alleviate this worry and tedious documentation.

Simple Procedure

An insured can buy or renew Star Health Insurance online from the convenience of one’s home; no more standing in a long queue or waiting for a broker, agent or even a courier person to come home. One can go to an online payment method and complete the process, which also allows one to compare health insurance plans and, if necessary, move to different plans.

Conclusion

With Star Health Insurance’s online payment methods, one can forget the hassle of visiting branches and standing in queues, waiting for agents to pick up cheques/DDs or going through the hassle of sending a courier. With many options such as websites, apps and e-wallets, you can make the payment to buy or renew a policy and even enjoy discounts. Remembering the premium payment dates may be the only task you’d need to do!

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FAQs
1. What if I make a payment online, but it doesn’t get through for some reason?

You can always contact customer care service at 1800-425-2255 or 1800-102-4277 and check your payment status. Depending on this, you can make a new payment if it is unsuccessful. 

2. I made an online payment but didn’t receive a premium receipt or acknowledgement. What should I do?

On Star health insurance’s website, click on Contact Us, and you can email it your details, call the 24X7 customer care helpline or even submit a form, and it will reach out to you. You can then follow the steps it recommends. 

3. Do I get tax benefits even for online payments?

Yes, online payment methods also provide benefits under Section 80D of the Income Tax Act. 

4. Does online Star health insurance also include coverage for pre-existing diseases?

Yes, you can avail of optional coverage to reduce the waiting period for pre-existing diseases. Select the right option for this. 

5. What’s the policy term period of Star health insurance if buying or renewing it online?

The available options are one year to three years. Choose the one you need while making the payment.  

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