How to Buy Health Insurance Online?

Posted on: Jan 3, 2019 | | Written by:

How to Buy Health Insurance Online?

Health insurance is a financial instrument which enables individuals and groups to safeguard their health from the perils of disease and sudden ailments.

It is for this reason that health insurance policy has become indispensable in today’s time and age. There has been as drastic change in the time with which one can purchase health insurance & secure himself/herself. No need to fill up the long proposal forms and invest precious time in getting the desired policy. Health insurance can be bought online from the comforts of the home or office premises.

What is Health Insurance?

A health insurance is an agreement between the policyholder and the insurer where the health insurance company provides financial coverage to the insured up to the sum insured by the customer. It offers medical coverage for healthcare expenses incurred on hospitalization along with multiple benefits, like pre and post-hospitalization cover, medical check-ups, cashless facility, etc.

Benefits of Buying Health Insurance Plans Online

Buying a health insurance policy online has many benefits. Here are a few:

• Easy for comparing plans –

It is easier to compare health insurance plans from different insurance companies online at various websites to make a wise decision.

• More Convenient –

It is more convenient to buy the policy online as you do not have to visit the branch of the insurance company or take an appointment to meet an insurance agent.

• Online offers –

It allows you to avail discount on premiums for buying the policy online.

• Lower premiums –

Health plans are accessible for a lower premium online as insurance companies save a lot on operational costs.

• Less paperwork –

The method of buying a health insurance policy online involves minimum to zero paperwork.

• Policy available 24x7–

A health insurance policy can be purchased online any time of the day, even on public holidays, which is not possible in offline buying.

• Online payment–

It allows you to use digital payments options to pay the premium online safely.

• Quick policy purchase –

A health insurance policy is issued immediately when purchased online unlike offline buying.

• Saves time –

It saves you a lot of time as the policy is issued within a few minutes of buying.

Steps to Buy Health Insurance Online

Step 1:

One needs to log on to the internet and visit www.hdfcergo.com and navigate to the health insurance section.

Step 2:

Under the health insurance section, there are different types of policies available. One needs to carefully choose between the policies based upon the requirement and the scope of coverage that each policy extend.

Step 3:

After you have selected the type of policy that you would like to purchase, the next step is to click on the buy online tab which will direct you to a secure webpage. Continue further only if your browser is in a secure mode, as you will be providing critical information.

Step 4:

The next step will allow you to determine the insurance premium that you will be required to pay for the policy coverage. The health insurance premium calculator will require key details such as types of insurance i.e. individual/family, floater, desired sum insured and date of birth of the applicant in order to arrive at the premium amount.

Step 5:

The next step entails the filling of personal details such as name, correspondence address, contact details and a history of ailments or diseases.

Step 6:

This will lead to the secure payment gateway, wherein you make the necessary payment in lieu of the policy that you have selected and Voila! You are the proud owner of a health insurance policy.

Conclusion

Health insurance provides healthcare coverage to the insured against any emergency and planned medical costs. It provides financial help to cover the cost of hospitalization, surgeries, day care procedures, etc. A health insurance plan offers cashless treatment or reimburses the medical treatment costs of the insured. Buying it online saves time and also gives you a chance to compare various plans before choosing what suits your requirements.

Disclaimer: The above information is for illustrative purpose only. For more details, please refer to policy wordings and prospectus before concluding the sales.

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