What is Health Insurance?
Health Insurance or medical insurance is a contract between the insurer and policyholder where the insurance company offers medical coverage to the insured up to the sum insured limit. Multiple benefits on health plans are available, like coverage for pre & post hospitalization, medical check-ups, room rent coverage, cashless facility, etc.
Benefits of Buying Health Insurance Plans Online?
Buying a health insurance policy online comes with several benefits. Take a look at them below:
- Easier to Compare Plans – It is easier to compare health insurance plans from different insurers online at websites like Policybazaar.com to make an informed decision.
- More Convenient – It is more convenient to buy the policy online as you do not have to visit the branch of the insurance company or take an appointment to meet an insurance agent.
- Online Discounts – It allows you to avail discount on premiums for buying the policy online.
- Lower Premiums – Health plans are available for a lower premium online as insurance companies save a lot on operational costs.
- Minimal Paperwork – The process of buying a health insurance policy online involves minimum to zero paperwork.
- Policy Available 24x7 – A health insurance policy can be purchased online any time of the day, even on public holidays, which is not possible in offline buying.
- Digital Payment Options – It allows you to avoid cash payments and use digital payments methods to pay the premium online safely.
- Instant Policy Purchase – A health insurance policy is issued instantly when purchased online unlike offline buying.
- Time-saving – It saves you a lot of time as the policy is issued within a few minutes of buying.
