Can I change my star health insurance agent?

If you are not happy with the services of your insurance agent, you can change your health insurance agent at the time of renewal. All that is to be done is to inform your insurer about the new agent via a written letter along with your renewal cheque at the time of renewing your policy.

What is the Commission for Star Health Insurance Agents?

For selling individual health insurance policy, commission will be 15\% of premium paid and for group health policy it will be 7.5\%. Irdai has also changed the commission structure for fire and marine insurance. In the retail fire segment, an agent will get 15\% of the annual premium and 16.5\% in case of an intermediary.

Do you wish to continue with your existing agent/broker in your new policy?

Yes. Please ask your new agent to get the same done. It can only be done at the time of renewal. If you don’t have a new agent, go the branch and the officer concerned can suggest you a new agent who promises to provide a better service.

How do I cancel my star health policy?

The company may cancel this policy on grounds of misrepresentation, fraud, moral hazard, non disclosure of material fact as declared in proposal form/ at the time of claim, or non-co-operation of the insured person, by sending the insured 30 days notice by registered letter at the insured person’s last known address …

Do agents get commission on renewal?

Subsequently, on renewal, the agent is entitled to a commission that’s capped at ₹ 10 for term plans, and ₹ 7.50 on a ₹ 100 premium for other bundled life insurance plans. Till FY17, the renewal commission was capped at 7.5\% only in the second and third year and reduced to 5\% thereafter.

Can we remove LIC agent from policy?

There is no need and no provision to change your LIC agent, as there is no contract between you and an LIC agent. As far as a policyholder is concerned, the contract is with insurance company. The agent is just a facilitator.

How can I become a star health insurance agent?

One need to approach the near by branch office of the Star Health and meet the concerned Branch Manager . The Branch manager will help to complete the process of becoming agent and this is applicable to all health insurance companies located in every area. I Will Answer Your Question In Easiest Way!..

Can I change the insurance agent after buying a policy?

If you already bought policy from a agent in company then there is no chance for change agent in insurance .You have to withdraw your policy and then again you can buy a new policy from your known agent

Why choose star health insurance?

Surplus protection at affordable pricing. Most popular insurance policy with your growing family, on floater basis. A favorite insurance plan with family package, health benefits and bonus options. Maximum benefits at affordable premiums, available for individuals and family. *I hereby authorize Star Health Insurance to contact me.

Does star health reimburse for medical bills in non network hospital?

In case you avail of treatment in a Non Network hospital, Star Health will reimburse you the amount of bills subject to the policy taken by the policyholder. The Policy Holders attention is drawn to the definition of Hospital in the Mediclaim policy.