10 Amazing Benefits of Buying Online Health Insurance

1. A plethora of Options to Choose from:

Several Health Insurance companies are offering numerous Health Insurance Plans in India. Checking more than a few plans offline could be a daunting task. Besides, if you are going through an agent, they will only show you the plans of the insurers they have tied up with. However, you can check and compare hundreds of plans online in a matter of a few minutes and choose the right Health Insurance Plan for yourself or your family.

2. Easy to Make a Comparison:

Comparing the shortlisted plans from the abundance of choices is much easier online. Many financial websites let you compare different plans in terms of plan offerings, premiums, customer reviews, etc., and help you make an informed decision. However, it could be possible that the information available on these websites is not updated. Hence, it is advisable to visit the official website of the insurance provider, check the details, clarify all the doubts with the help of customer support and then make a buying decision.

3. Affordable:

When you buy a Health Insurance policy offline, it involves middlemen and agents. The commissions of these middlemen/agents, office rent, electricity bills, phone bills, and many other costs add up to the cost of the policy, making the Health Insurance premium very high. Whereas online Health Insurance eliminates the need for middlemen/agents and thus reduces the related costs. That is why Online Heath Insurance premiums are more affordable than offline plans.

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4. Convenience:

When buying an offline Health Insurance Plan, you are required to take your time and visit the branch/office of the insurer/agent, considering the suitable timing for both of you. But in the case of online Health Insurance purchases, you can buy the policy from the comfort of your home at any time. You do not need to check whether it is a holiday or business hours as the online purchase can be made any time, 24*7.

5. Clear And Transparent:

While purchasing a Health Insurance Policy online, you will see all the features, benefits, terms and conditions, disclosures, a list of inclusions and exclusions, policy exemptions, etc., on the website, which you can explore any time. Hence, there is nothing hidden from you in Online Health Insurance Plans. But, an insurance agent or distributor might not be fully transparent and can hide specific terms for his/her benefit or misuse your personal information.

6. Time-Saving:

The time required to select the right Health Insurance Plan is considerably lower in the case of an online purchase. Besides, the application process is also quick with online plans. In case of an offline purchase, the physical proposal form is checked at the branch level, sent to the concerned department, verified, and then accepted/rejected, making it a lengthy process. While an online policy is instantly delivered to the buyer's registered email id, an offline policy can take several days to deliver, depending on the insurance company's policy.

7. Quick Assistance:

If you are not tech-savvy and have doubts when buying the policy online, you can get in touch with the customer support team, who will guide you throughout the process. Many insurers nowadays have started the 'live chat' option, which can be used to solve minor queries in no time. Furthermore, when you buy a Health Insurance Policy online, you do not have to wait for your agent/distributor to get a solution to the after-sales services as you can simply contact customer support and they will guide you right away.

8. Security:

The online Health Insurance Plans offer greater privacy as your information is directly available to the insurance provider without any third-party interference. However, in the case of an offline purchase, an agent or insurance company representative can check your information and may misuse it for their benefit.

9. Instant Coverage:

The online purchase of Health Insurance offers instant health insurance coverage to you and your family unless you are required to do a medical examination. However, similar to offline Health Insurance, you will have to serve a specified waiting period to make certain claims.

10. Automated:

When you buy a Health Insurance Plan from an agent, you have to keep track of the policy renewal date, or the agent might call you to renew it, which again is a time-consuming process. Whereas, in the case of Online Health Insurance, renewals are automated, and the premium will get automatically deducted from your registered bank account on the date of policy renewal. Apart from this, you can get instant premium quotes, download policy brochures, file claims, track claims, etc., through the online portal, website, or mobile app.

To conclude:

Buying Health Insurance online has several benefits over buying it offline. With today's unhealthy lifestyle that we follow, it is crucial to have Health Insurance Cover for our entire family. Unfortunately, we are so busy that we do not get time to buy and renew our life and health insurance policies on time. That is why Online Health Insurance is super beneficial to get the right coverage at an affordable premium conveniently. You can buy any type of Health Insurance, like Individual Health Insurance Plans, Family Floater Plans, Senior Citizen Health Insurance, etc., online after comparing different plans.

Warm Regards,
Ketki Jadhav
Content Writer