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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.
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:
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.
One of the following types of identification will be required of you:
You will be asked to provide permanent evidence of address. For the same, you may provide any of the following legal papers.
The policyholder can choose the Sum Assured and the total coverage that can be provided to the Insured by providing income proof.
The insurance company requires passport-size photos.
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.
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!
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.
~ 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.
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.
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.
Yes, depending on the insured person's age upon admission, the insurer may demand that they undergo a medical checkup.
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.
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