5 min read
The key reason why many people stay away from the benefits of health insurance is because they believe that the subject of insurance is complicated. Further, the minute details or the terms and conditions of inclusion and exclusion pertaining to insurance make people dread it all the more. This is one reason which keeps people away from buying insurance. And this is common with most people as they couldn’t decide which insurance policy they should buy or which plan would suffice their requirement appropriately.
Hence, if you are among those facing similar problems pertaining to choosing the most appropriate health insurance policy even after in-depth research, it is high time to get in touch with a health insurance advisor.
So, who is a health advisor and how do you think a health insurance advisor can support you in getting the most effective policy.
As the name suggests, an advisor of health insurance is the person who advises the insurance policy seekers about the best health insurance plans suiting their requirement and budget. Being knowledgeable in the field of insurance with in-depth understanding of the plans and policies, these insurance advisors are like your guiding lamps to sail you through the insurance path. They further ease your anxiety and confusion in terms of the choice of plans by making you understand the complicated concepts of insurance.
Read More: How to increase health insurance coverage?
Let us read about the various benefits you can get from a good health insurance advisor.
The health insurance advisors have detailed understanding of the industry standards as they are experts in this field. The in-depth knowledge together with the research they do for years makes them equipped enough to apply their know-how to the best of their capability to support the insurance policy seekers. Moreover, they are familiar with the norms and principles of the industry and hence can help the policy seekers with better guidance and assistance.
Unless you know what you are selling, you can’t be a good seller. In the case of insurance advisors, they have complete knowledge of their product details, which is why they can help you with the most appropriate health products. Thus, they can guide the policy seekers better about the particular products, their terms and conditions as well as their inclusions and exclusions etc. Also, they can guide on how and which product is going to benefit the client in the long run.
Most of the insurance advisors come with the understanding of diverse health requirements. Hence, they can suggest the best plan looking at the need of the client to suit them perfectly.
Many people think that the buying process of insurance policies is a complex one and hence they do not want to be a part of it. Though, it is not true, but in case policy seekers find any issue in the purchase process of insurance, they can take help of the insurance advisors and their guidance. They can make you familiar with the digital buying process and assist you all through the insurance buying phase.
Being a qualified and well-versed expert in their field, a health insurance advisor can serve as an intermediary between the insured and their preferred insurance provider. They would have good knowledge about the perspectives of the policyholder as well as the insurer. Hence, they can accordingly guide them through effective communication.
The health sector is huge and it undergoes transformation on a regular basis. It may not be easy for a layman to track these changes or to understand the complexities involved in it. Hence, seeking support of the health insurance advisor is a better idea to streamline your insurance selection and buying process to avail the best plan of your choice.
After all, it is the most important factor to determine how much and what type of good health mediclaim you need because it involves your finances. With the Paybima Health Advisory initiative, we are conducting comprehensive, need-based analysis with consumers and policy seekers to understand their needs. We do so by asking a few questions, which determine their insurance requirements in terms of how much and what type of plan/coverage would suffice their needs and budget. This is a new initiative and is likely to make insurance buying very simple for people.
View this post on Instagram
An insurance advisor offers financial guidance and advice to the client. They do analysis of your needs and requirements as well as your financial analysis to create and explain customised plans.
The most important reason for having a health insurance plan is that it offers you large financial coverage to cover the treatment costs in India as well as abroad.
Important things to consider while selecting a health insurance plan are:
# Insurance Premium
# Policy Limits
# Riders etc.
An insurance advisor offers you guidance and advice in terms of insurance plans and how you can avail the best plan at best budget. They analyse the needs and requirements of policy seekers and create customised plans for them. They help in every step of your insurance buying procedure from the very first stage, which is plan research.
A health advisor analyses your health requirement, the coverage you want and the medical conditions you have. Based on the analysis, they create the best plan for the customer as per their requirement and budget.
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
People are now prioritizing health, striving to maintain a healthy weight to prevent diseases. To remain in shape and to maintain fitness for good health,.
AYUSH treatments have recently generated massive popularity as an emerging branch of medicine. Looking at the increasing demand for the treatment, it has become imperative.
The year 2024 started with some groundbreaking measures and initiatives in the health insurance sector to facilitate policyholders with better health coverage and benefits. One.
Our knee is an important joint in the entire musculoskeletal system. The support and strength of the knee are pivotal for fluid movement and locomotion..
Updated on Jan 30, 2024 Understanding how OPD and IPD are two different terms in medical science, their coverage in health insurance plans and the.
Updated on Jan 23, 2024 February 10 marks the National Deworming Day observed every year across India. Let us understand the importance of deworming and.
Insurance is an indispensable requirement. However, not everyone can afford individual medical insurance to stay covered against major uncertainties, especially after retirement. If that is.
Updated on Jan 23, 2024 World Cancer Day aims at educating people and spreading awareness about detecting cancer and its prevention and treatment. Let us.
Updated on Jan 23, 2024 Rare Disease Day is an occasion observed on the last day of February every year. This year February 28 marks.
Speak to our advisor
Mahindra Insurance Brokers Limited (A Mahindra Group Company) - Unit-202, A-Wing, 2nd Floor, Amiti Building, Agastya Corporate Park, Kamani Junction, LBS Marg, Kurla West, Mumbai - 400070. Tel: +91 22 66423800
Licenced by IRDAI License No. 261; License Validity : 17-05-2025; Category : Composite Broker; CIN : U65990MH1987PLCO42609 Member of Insurance Brokers Association of India (IBAI).
Insurance is the subject matter of solicitation.
For a seamless experience, use the latest version of Chrome/Firefox/Internet Explorer.
Copyright © 2024 Mahindra Insurance Brokers. All Right Reserved.
Verify your number to activate your best premium offer
Please enter the OTP sent to XXXXXX 4099 to continue