Health insurance becomes one of the most important components of our life as it offers financial coverage in case of medical emergencies. Also, it is the most basic investment to get quality healthcare treatment at an affordable cost. When it comes to buying health insurance, people still think that it is a very complex task but thanks to online availability, buying health insurance has become quite easy and hassle-free in India. You can also check and compare various health insurance plans as per your requirement and budget.
Buying health insurance online is safe, reliable, and convenient. If you are still not convinced about buying health insurance online, take a look at the following benefits of buying health insurance online:
Benefits of Buying Online Health Insurance Policy
The following are some of the benefits of purchasing a health insurance policy online that will help you make an informed decision:
- Easy Comparison: Buying a proper health plan requires a careful analysis of different policies. Comparing health insurance policies online is a simple and hassle-free process. You can compare policies by going to the websites of different health insurance providers or using web aggregator platforms. You can compare your health insurance policies online in just a few minutes and can be done from the convenience of your own home or office.
- Abundance of Choice: There are various health insurance plans available online in the market in India. Every health plan has its features, coverage, and benefits at a different premium amount. You can easily compare various health insurance policies from different insurance companies online before buying one. It also helps customers in taking an informed decision about buying health plans.
- Security: Buying a health insurance policy through an online medium is completely safe and secure. The online medium provides you a secure environment for your transactions which protects customers from cyber frauds. It also provides secure payment methods such as debit/credit card, net banking, online payment wallets, UPI, etc.
- Remove agents and brokers: There are no agents or brokers involved in the online mediums. Health insurance companies sell policies directly to customers with no agents and brokers. Due to the absence of an agent's fee or commission, the buying process becomes quick and costs effective. As a result, online health insurance policies are less expensive than offline health insurance policies.
- Flexibility: When it comes to buying a health insurance plan, online channels offer policyholders more options than offline channels. We can compare different policies at a time and choose the one that suits our needs from the comfort of our homes.
- Clear and Transparent: Online channels provide transparency in the buying process as Insurance companies clearly stated the policy terms and conditions on their websites.
- Availability of Online Reviews: Reviews and feedback from existing customers are one of the most important factors in online shopping. You can check testimonials and reviews to get an idea about the product offered by the insurance company. Moreover, it can also help you make an informed decision in buying health insurance online.
- Availability of Automated Services: Online medium offers various automated services such as Instant insurance premium quote, renewal of lapse policy, premium payment online, making claims whenever required, download of the policy document or product brochure, etc. Online channels do not make you depend on someone. Moreover, it is a time-saving, fast and competent platform that helps you to successfully overcome the geographical barrier as well.
- Discounted Premiums: When you buy your health policy online you will get some discount on your premium amount as many health insurance companies offer various discounts when you buy a health insurance policy online from their website. This way you will get similar or better coverage benefits at lower premiums.
Online Buying Process of Health Insurance Policy
RenewBuy (D2C Insurance Broking Private Limited) offers a simple process to buy online health insurance in just a few simple steps according to your convenience:
Through Insurer Website:
- Visit the official website of the insurance company.
- Click on the “Health Insurance” tab.
- Choose your desired plan.
- Fill in the required details such as Name, DOB, Mobile Number, etc.
- Make Payment
- Insurance company will send the policy document at your registered email address.
- Visit the official website of RenewBuy.
- Click on “Health Insurance” tab.
- Fill out the form that shows on the next page.
- Compare health plans and select your desired plan.
- Click on the “Buy Now” button
- A pop-up will show you the plan details and the additional riders information.
- Click on the “Proceed to Buy” button.
- Make online payment and the policy documents will be sent to your registered email address.
We can’t say that buying health insurance policy online is not a good idea. As we have mentioned above the various benefits of buying health insurance policies online, we can say that it is the best option for us to jell with the fast-moving lifestyle. Buying a health insurance policy online has various advantages over buying a policy offline. With this smooth and hassle-free, buying process you can easily buy your health insurance policy that fits your needs. Rest we leave it to the readers whether they have to go for online medium or offline.
Disclaimer: The information published in this article is for reader′s reference only. Content of this information is to provide an overview of your health insurance needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. The Company makes no representations about the suitability, reliability, timeliness, and accuracy of the information, services, or any other items mentioned on this subject for any purpose whatsoever.
*Standard Plans Terms and Conditions apply.