What is the documentation process to buy medical insurance?
3202
3 min read
Updated on Aug 08, 2023
Health insurance is an important service that helps you take care of the financial burden of medical emergencies, no matter when they may occur. Medical insurance isn’t just a tax-saving tool – it can be your best investment.
Health insurance policies are available to people aged 18 and over, but it’s recommended that you purchase one as soon as possible so that you still have time to save money for the future while relying on your health insurance policy in case of emergency.
This blog will provide you with a list of paperwork you need to buy medical insurance online.
What’s Inside
Medical Insurance Documents
The medical insurance industry is a highly competitive one, with new players entering the market every day. With the advent of Internet-based health care services, buying medical insurance and online term insurance plans has become more convenient than ever before. However, there are many things to keep in mind before you buy medical insurance online. The first thing you need to do is identify your requirements and then select the corresponding set of documents that will be required for your application process.
The following are the documents required to apply for medical insurance:
1. Age Proof
You will be required to show evidence of age for every individual who will be insured by the medical insurance policy you choose. You may submit any of the following legal papers.
-
- Certificate of Birth
- Aadhaar Card
- Secondary or Higher Secondary Exam Mark Sheet
- Passport
- Driver’s License
- Voter’s ID Card
- PAN Card
2. Proof of Identity
One of the following types of identification will be required of you:
-
- Aadhaar Card
- Passport
- Voter’s ID Card
- Driver’s License
- PAN Card
Visual Stories by PayBima
3. Proof of Address
You will be asked to provide permanent evidence of address. For the same, you may provide any of the following legal papers.
-
- Aadhaar Card
- Electricity Bill
- Voter’s ID Card
- Telephone Bill
- Driver’s License
- Passport
- Ration Card
4. Income Proof
The policyholder can choose the Sum Assured and the total coverage that can be provided to the Insured by providing income proof.
5. Photographs
The insurance company requires passport-size photos.
6. Medical Report
You must submit the test report from the medical examination in addition to undergoing the examination. This applies typically when an insurance provider requests the outcomes of a pre-medical check-up.
Popular Health Insurance Companies 2023
Conclusion
We hope that the information we have provided will help you make a more informed decision when you buy medical insurance online. Remember, there are many different options out there for each individual and company size so don’t be afraid to explore your options before settling on one particular provider. However, it is important that you have all the required documents and information ready for your insurer. Doing so could save time from waiting on a response back from them, which in turn will allow you to get coverage faster!
Related Articles
- Claim Settlement Ratio of Niva Bupa Health Insurance
- Top 10 Health Insurance Companies in India
- Health Insurance Premium: How it is calculated?
- Super Top up Plan vs Restoration in Health Insurance
- 5 Best Cancer Plans in India
Found this post informational?
Browse PayBima Blogs to read interesting posts related to Health Insurance, Car Insurance, Bike Insurance, Term Life Insurance, and Investment section. You can visit PayBima to Buy Insurance Online.
Also, check out the PayBima’s Guide and Glossary section –
FAQs: What is the Documentation Process to buy Medical Insurance?
What documents are needed to buy a health insurance policy?
~ Proof of Identity. The insurer uses identity proof of the policyholder to maintain records. ...
~ Proof of Age. One of the essential documents required for health insurance is the age proof of the insured. ...
~ Proof of Address. ...
~ Other Important Documents.
What is the process of medical insurance?
Step 1: You must notify the insurer of any scheduled treatment or urgent hospitalisation within the specified time frame.
Step 2: Cover the costs of the medical care received and have the original receipts on hand.
Step 3: Submit to the insurer the original invoices, the insurance claim form, and any additional supporting paperwork.
How Many Times Can I Claim My Health Insurance Policy?
Unless there is a specific stated cap, you can use your health insurance policy as many times as you choose. The sum insured amount is the only limitation on the claims.
Do I Need to Go Through Medical Tests to Buy Health Insurance?
Yes, depending on the insured person's age upon admission, the insurer may demand that they undergo a medical checkup.
Other Health Insurance Products
Author Bio
PayBima Team
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.
Related Blogs
Group Health Insurance Coverage Post-Retirement – Check Requirement and Cost Involved
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.
-
Aug 23, 2023 -
3 min read
Aug 23, 2023
3 min read 
Critical Illness Insurance vs Cancer Insurance: Check Benefits, Inclusions/Exclusions, Features and Differences
Cancer is a disease that needs no introduction. We all know how deadly the disease is and how rapidly it is spreading across the world,.
-
Aug 22, 2023
-
3 min read
GST Waiver for NRI on Health Insurance Premium – Eligible & Documents Required for GST Refund on Health Insurance for NRIs
Like in other products, GST is levied on health insurance policies too. But did you know that an NRI or non-resident Indian with a health.
-
Aug 18, 2023
-
3 min read
How is Your Health Insurance Premium Determined?
Health insurance provides financial support during medical and health emergencies. To continue availing the coverage benefits of a health insurance plan, it is required to.
-
Aug 16, 2023
-
3 min read
List of Common Antibiotic Medicines, Their Types and How to Consume?
Antibiotics are like marvels of medical sciences which have transformed the healthcare sector by limiting some of the deadly infections. From the earliest discovery of.
-
Aug 09, 2023
-
3 min read
How to Reduce Body Heat? 8 Useful Tips to Control Body Heat
If the heat within the body is causing you external issues or symptoms, you must lower it down using natural remedies to stay away from.
-
Aug 08, 2023
-
3 min read
Health Insurance Cover for Knee Replacement Surgery in India 2023
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..
-
Jul 27, 2023
-
3 min read
Family Floater Health Insurance Plans – A Quick Overview
Health insurance policies offer coverage against diseases and during emergency health situations. A family floater health insurance plan provides coverage to all the members of.
-
Jul 27, 2023
-
3 min read
Top 10 Family Health Insurance Plans 2023 in India
Good health directly impacts the stability and happiness of the entire family. It fosters both physical and emotional well-being. If the health of even a.
-
Jul 23, 2023
-
3 min read
Eligibility Criteria for Central Government Health Scheme: Check CGHS Scope, Benefits and Eligibility
Central Government Health Scheme (CGHS) is a special health insurance scheme introduced in 1954 for central government employees and their family members to offer them.
-
Jul 23, 2023
-
3 min read
Popular Posts
Top 10 Health Insurance Companies in India 2022-23
Mar 17, 2021Religare Health Insurance Claim Settlement Ratio
Mar 18, 2021Star Health Insurance Claim Settlement Ratio 2022
Mar 18, 2021Calculators
Health Insurance Guide and Glossary
- Choosing health plan - Individual or Family Floater
- Choosing coverage amount (sum insured)
- Pre-existing diseases waiting period
- Room rent capping
- Co-pay and deductibles
- Pre and post-hospitalization benefits
- Restoration in policy
- Day care treatments
- Domiciliary treatment expenses
- Health insurance NCB
- Free health checkups
- Alternative treatments
- Maternity cover under health insurance
- Doctor consultations and opd benefits
- Super top-up plans under health insurance
Trending Articles
Top Insurance Companies View All
Motor Insurance
Health Insurance
Life Insurance
Investment Plan
PayBima Blogs
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 © 2023 Mahindra Insurance Brokers. All Right Reserved.
Get A Call Back