Why should I review an existing insurance policy regularly?

Regular policy reviews ensure that your coverage keeps pace with healthcare inflation, new family dependants, increased liabilities (such as home loans), and modern policy features like zero room-rent sub-limits and restoration benefits.

What is the biggest hidden trap in older health insurance policies?

The most common issue in older mediclaim policies is daily room-rent sub-limits (e.g. 1% of Sum Insured). Choosing a room that exceeds this limit triggers proportionate deductions across doctor fees, surgery charges, and hospital bills.

Does RakshaPoint charge any fee for reviewing existing insurance policies?

No. All policy reviews and educational assessments conducted by RakshaPoint IMF and its qualified Insurance Sales Persons (ISPs) are completely free of charge.

Policy Health-Check Tool

Existing Insurance Policy Review Tool

Already have insurance? Audit your policy for review room-rent sub-limits, pre-existing disease exclusions, inflation erosion, and coverage gaps.

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Evaluate Your Existing Coverage

Interactive Audit

Enter your current policy details below to run an instant parameter-based health check on your insurance protection.

Policy Category *

Current Sum Insured / Sum Assured (₹) *

Year Policy Purchased Older policies often have outdated sub-limits

Approx. Annual Premium Paid (₹)

Check All Features That Apply to Your Policy:

Policy has a Daily Room Rent Limit (e.g. 1% of Sum Insured or ₹5,000/day)

I have a separate Super Top-Up policy attached

Policy includes Auto-Restoration / Refill benefit

Top 3 Hidden Clauses to Check in Your Policy Document

1. Proportionate Room Rent Deductions

If your policy has a 1% room rent cap (₹5,000 on a ₹5L cover) and you occupy a room costing ₹10,000/day, the insurer will deduct 50% from not just the room bill, but also from surgeon fees, OT charges, and diagnostic fees.

2. Low Sum Assured on Traditional Endowment Plans

Traditional endowment or money-back policies provide an average life cover of only ₹5-10 Lakhs while charging heavy annual premiums of ₹30,000 - ₹50,000, leaving families drastically under-protected.

3. Specific Illness & PED Waiting Timelines

Check if your policy imposes 24 to 48 months waiting for joint replacement, hernia, cataract, or kidney stones. Porting to modern zero-waiting plans can preserve accrued waiting credits.

Need a Full Policy Checkup?

Send your policy document to an authorized ISP for an objective parameter-by-parameter audit.

Speak with an ISP Helpline: +91 90685 73723

Existing Insurance Policy Review Tool

Evaluate Your Existing Coverage

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Top 3 Hidden Clauses to Check in Your Policy Document

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