The online platform is easy, quick, and convenient. It possibly costs less when buying health insurance. Most important, during this pandemic, you are able to buy a policy without going out of your house. This is the reason online health insurance purchase has all the elements to become an instant strike with today’s technology-savvy generation. The trend of buying online health insurance plans is slowly and constantly growing in the country. Gone are the days when you had to physically visit the insurer’s office or schedule an appointment with an agent or broker to buy a health insurance plan. In fact, online is a safe and secure mode to purchase health insurance.
How Online Mode Is Safe
It is safe because health insurance companies come with a secured payment gateway on their website. With this, many policyholders have purchased health insurance online and currently, many people are willing to purchase medical plans online.
Find below quick reasons to check why you should buy online health insurance.
| Offline Insurance | Online Insurance | |
| Transparency | You rely only on the information given by the agent. | You are free to check every piece of information instantly. |
| Premium Costs | You have to pay a higher premium because the insurer charges you about administration costs and agent fees. | Premium in online insurance is lower than offline premium because agent commission is removed. |
| Errors | The changes of wrong information filled by the agent are very high, thereby the claim is rejected. | You can fill the form online and the chances of error are null, thereby the probability of claim is approval is very high. |
| Privacy | You need to disclose your information when purchasing the policy offline to an agent who you don’t know. It is hardly safe. | Online registration is made to ensure the complete privacy of your details. Insurers maintain the privacy of policyholders. So, it is safe. |
| Technical Knowledge | There is very less requirement for the internet. | Basic knowledge of the internet is required when buying health insurance or filing a claim online. |
| Choices | A very limited number of choices to compare your health insurance offline. | Plenty of choices are available and you possess the ability to compare different policies online instantly. |
How to Safely Buy Health Insurance Online in India
- Choose a trusted name – A very basic but important point is to purchase health insurance from a trusted health insurance company. Never go for a very dubious website that offers extremely cheap health insurance.
- Service of the portal – Choose an online portal that lets you compare different health insurance policies based on their business.
- Co-payment Clause – A lot of health insurance companies offer plans with a co-payment clause that allows you to pay a certain amount to the hospital at the time of claim. Online insurance helps you to check the co-payment clause before buying your policy to avoid any issue later.
- Cross-verification – When purchasing health insurance online, you are allowed to cross-verify all the information available on the insurer’s website.
- Customer support representative – You are free to call the customer support representative any time and clarify all your doubts without physically meeting them.
- SSL Security -Before you decide to purchase a health insurance plan, it is good to check the SSL security certificate of the website. Every reputed health insurance provider or aggregator has an SSL certificate. To check this, make sure the URL of the insurer’s website starts with HTTPS. For example https://www.testing.com. Don’t make any transaction if it is http://www.testing.com.
Final Words
There are many benefits of online health insurance, which make ‘online’ a safer mode. Many insurance aggregators can help you with the free policy comparison feature as well as will provide you with free health insurance quotes. In a nutshell, there is no risk of purchasing health insurance online. It is absolutely safe – and even safer than offline insurance plans.
