A recent survey by one of the leading general insurance company says that online purchase of general insurance products in India is growing across buyers. Around 12 per cent of the customers prefer to buy health policy online. Study says first-time buyers were more willing to buy and renew health cover online. Customers who buy products online were more evolved and long-term oriented.
While using internet to research for health insurance products, respondents cited 'brand' as the most vital factor, with 88 per cent saying the reputation of the company influenced their purchase, while 67 per cent influenced by word of mouth. However good ties with an agent and better post-sales services are amongst the few reason why most of consumers are still attached to the traditional pattern in insurance buying. Customers preferred agents for claim settlements and policy receipts.
Therefore, the article intends to focus upon how to take the maximum benefits on health policy purchase online and make good claim settlement. Those who are planning to buy health cover in India online should know few important factors to save the cost on the insurance premium. Once customers are aware of few tips mentioned below they will surely know how to save money on health insurance plans costs:
Buy Early
Any insurance purchased at an early stage when your body is fit will costs less as compared to the one purchased for at a higher age. Customers should understand that a late start would invite unnecessary health issues that would deprive cover because of exclusions and waiting period.
Family plan
If possible look out for family health insurance online. This will be a good decision to protect economical peace of policyholders. It helps insured person to preserve his or her savings in case of medical emergency or accident.
Hunt for options
Your security element differ based on the product purchase, hospitalization cost, permanent disablement, accidental death, hospital cash benefit, lump sum on occurrence of critical illness etc. So, look for added features, discount rates and flexible options for your health cover.
Enough coverage
The golden principle of life is “NEST whatever you can invest”. We understand that you always wish to get the ultimate best for you and your loved ones. But never exceed your pockets and buy an expensive health cover. This way you will have to manage your funds to pay towards the premium incurring extra costs on your budget plan. It is enough to pick up the right policy after understanding your family needs and requirements.
Review Regularly!
Family floater plan and an individual health insurance plans in India cover is the need of the hour. Health related expenses are shooting up very rapidly so it’s better to keep a tab on new policies structures, their features & benefits that would help to save those extra cost on your plan.
Right information
“Health is wealth”. Never fool around or hide your health issues while purchasing a health policy. This would misguide the company in gauging your insurance needs and often tend to rejection of the claim. Therefore you must give all critical details which customer need to know regarding his or her insurance plan.
Aware of the claim process
It is very important that you are aware of the claim procedure to get the optimum use of your resources. For example, policyholder can avail cashless facility only at network hospitals; else insured has to settle the medical expenses by him or her and then claim later. So you should know the process very well.
Long term benefits
Insurance companies in India give a certain ‘bonus’ to policyholder’s sum insured for every claim-free year. In fact, free medical checkup is one of the advantages insured person can get after renewing his or her health insurance plans continuously without a claim.
Tags : Health Insurance, Health Insurance Plans, Health Insurance Plan, Health Insurance Policies
While using internet to research for health insurance products, respondents cited 'brand' as the most vital factor, with 88 per cent saying the reputation of the company influenced their purchase, while 67 per cent influenced by word of mouth. However good ties with an agent and better post-sales services are amongst the few reason why most of consumers are still attached to the traditional pattern in insurance buying. Customers preferred agents for claim settlements and policy receipts.
Therefore, the article intends to focus upon how to take the maximum benefits on health policy purchase online and make good claim settlement. Those who are planning to buy health cover in India online should know few important factors to save the cost on the insurance premium. Once customers are aware of few tips mentioned below they will surely know how to save money on health insurance plans costs:
Buy Early
Any insurance purchased at an early stage when your body is fit will costs less as compared to the one purchased for at a higher age. Customers should understand that a late start would invite unnecessary health issues that would deprive cover because of exclusions and waiting period.
Family plan
If possible look out for family health insurance online. This will be a good decision to protect economical peace of policyholders. It helps insured person to preserve his or her savings in case of medical emergency or accident.
Hunt for options
Your security element differ based on the product purchase, hospitalization cost, permanent disablement, accidental death, hospital cash benefit, lump sum on occurrence of critical illness etc. So, look for added features, discount rates and flexible options for your health cover.
Enough coverage
The golden principle of life is “NEST whatever you can invest”. We understand that you always wish to get the ultimate best for you and your loved ones. But never exceed your pockets and buy an expensive health cover. This way you will have to manage your funds to pay towards the premium incurring extra costs on your budget plan. It is enough to pick up the right policy after understanding your family needs and requirements.
Review Regularly!
Family floater plan and an individual health insurance plans in India cover is the need of the hour. Health related expenses are shooting up very rapidly so it’s better to keep a tab on new policies structures, their features & benefits that would help to save those extra cost on your plan.
Right information
“Health is wealth”. Never fool around or hide your health issues while purchasing a health policy. This would misguide the company in gauging your insurance needs and often tend to rejection of the claim. Therefore you must give all critical details which customer need to know regarding his or her insurance plan.
Aware of the claim process
It is very important that you are aware of the claim procedure to get the optimum use of your resources. For example, policyholder can avail cashless facility only at network hospitals; else insured has to settle the medical expenses by him or her and then claim later. So you should know the process very well.
Long term benefits
Insurance companies in India give a certain ‘bonus’ to policyholder’s sum insured for every claim-free year. In fact, free medical checkup is one of the advantages insured person can get after renewing his or her health insurance plans continuously without a claim.
Tags : Health Insurance, Health Insurance Plans, Health Insurance Plan, Health Insurance Policies