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Renewal Guide

What actually changes at renewal.

What actually changes at renewal: Your premium, your cover, and your benefits can all shift at renewal. Understand what is changing before you pay.

What actually changes at renewal.

Five checks

Before you renew, run through this list. Highlights include: Actually Changes.

Follow this verified step-by-step roadmap to make informed decisions and choose the right protection.

01
See the latest benefits and improvements added to your policy.
02
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04
05

Renewal checklist

The short version.

Compare quotes at least 15 days before expiry
Ask what is new in this year's policy
Check the IDV

do not over-insure or under-insure

Review add-ons

drop what you do not need

Confirm your KYC status
Update contact and nominee details

Renewal Checklist

Pre-renewal verification checklist.

Verify Past NCB Discount Percentage (20% to 50%) on Renewal Notice
Check Updated Vehicle IDV Value Against Current Market Depreciation Scale
Inspect Add-on Cover Inclusions (Zero Dep, Engine Protect, RSA)
Confirm Correct Nominee, Address, and Contact Details Before Payment

Renewal Mastery

Protecting discounts and avoiding policy lapses.

No Claim Bonus (NCB) Savings

NCB rewards safe drivers with discounts escalating from 20% after year 1 up to 50% after 5 claim-free years. NCB belongs to the driver, not the vehicle.

90-Day NCB Renewal Window

If a motor policy lapses, you must renew within 90 days of expiry to retain accumulated NCB bonus points.

Grace Period vs Policy Break

Health policies provide a 30-day grace period for payment while retaining continuity benefits for pre-existing disease waiting periods.

Physical Inspection Requirements

Lapsed motor policies beyond grace period require self-inspection or surveyor video assessment before renewal approval.

Seamless Renewal Steps

Four steps to hassle-free policy renewal.

Follow this verified step-by-step roadmap to make informed decisions and choose the right protection.

01
Review renewal notice 30 days prior to expiry to inspect revised IDV values and premium terms.
02
03
04

Renewal Checklist

Pre-renewal verification checklist.

Verify Past NCB Discount Percentage (20% to 50%) on Renewal Notice
Check Updated Vehicle IDV Value Against Current Market Depreciation Scale
Inspect Add-on Cover Inclusions (Zero Dep, Engine Protect, RSA)
Confirm Correct Nominee, Address, and Contact Details Before Payment
Government & Statutory Education

General Insurance Council (GI Council): Motor Insurance

Read official Indian motor vehicle classifications and statutory insurance guidelines.

GI Council Guide