List Of Documents Required While Buying A Health Insurance
Updated On Jan 28, 2022
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Buying an insurance policy used to include having a file with a list of papers ready. An applicant was expected to present a variety of evidence and papers, especially when purchasing health insurance. However, as the use of physical papers has decreased and the use of electronic documents has increased, the burden of paperwork has decreased dramatically.
When purchasing health insurance coverage online, one must now submit a soft copy of the documentation. This saves time and money by reducing the quantity of paper needed in the application process, and the information may be loaded into a database for convenient access. However, less paperwork does not usually equal fewer documents or evidence to provide. To know more about the required documents in health insurance, read on.
List Of Required Documents For Health Insurance
Following are the listed required documents for health insurance -
1. AGE PROOF
Age is a qualifying criterion for a number of health insurance programmes. Most demand that you be between the ages of 18 and 65, however some, such as those designed for older persons or children, have their own age limit. As a result, having a document that verifies your age is critical when purchasing health insurance. The following documents can be used as evidence of age - Voter ID Card, Birth Certificate, Aadhaar Card, Driving Licence, Passport or 10th or 12th Marksheet.
2. IDENTITY PROOF
The papers provided for identification proof are crucial since they enable the corporation to validate your identity and aid in record keeping. Any of the following papers can be used to prove your identity - Aadhaar card, Passport, Voting ID, Driving Licence Or PAN card.
3. ADDRESS PROOF
You must produce documentation with a permanent address as evidence of address when acquiring a health insurance coverage. This is essential since the insurance company will occasionally communicate by mail service. Any of the following papers can be used as evidence of address - Utility bills like electricity bill, telephone bill, Driving Licence, Passport, Rent agreement if applicable, PAN Card or Aadhaar Card.
4. MEDICAL REPORTS
Only a few companies demand a pre-insurance medical check, therefore this isn't something that every firm requires. If the firm does need a pre-insurance medical test, the results must be presented before the policy may be purchased.
5. PASSPORT SIZE PHOTOGRAPHS
Every person covered by the coverage must have a passport-sized image taken of them.
Things To Consider When Getting A Health Insurance
You don't go out and acquire health insurance on the spur of the moment. You must first understand your demands and the principles of health insurance in order to get the most out of your contract. Only then will you be able to obtain a suitable policy for yourself.
Following are the listed things that a person should consider about while buying health insurance -
1. INSURED SUM
When obtaining an insurance, the quantity of the sum insured is the most significant factor to consider. In the case of a tragic incident, this will define the breadth of your coverage. Remember that the higher the coverage amount, the more expensive your health insurance policy will be.
2. WAITING PERIOD
An insurance must normally go through a waiting or cooling phase before it may provide financial support for a specific medical condition. A two-year waiting time might be included in a maternity benefit in a women's health insurance plan, for example.
3. NETWORK HOSPITALS
You have two alternatives if you find yourself in a claimable situation: cashless or reimbursement. You are in the latter group if you have already paid your expenses and are asking the insurance to reimburse you for your financial loss.
Endnotes
The paperwork needed to get a health insurance policy in India varies significantly based on the business and the type of plan you want to buy, but the essential requirements stay the same. When acquiring health insurance in India, the following papers are required: Age verification, address verification, identification verification, medical reports (if necessary), and passport-sized pictures are all required.
Also read- Benefits of Senior Citizens Red Carpet Policy offered by Star Health & Allied Insurance
Benefits of Arogya Premier Policy Offered by SBI General Insurance Company
Disclaimer: This article is issued in the general public interest and meant for general information purposes only. Readers are advised not to rely on the contents of the article as conclusive in nature and should research further or consult an expert in this regard.
