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You might be bombarded with advice by elders, but one of them is constant over the years – to invest in a good health insurance plan. Have you wondered why?
The cost of healthcare is soaring each year and it is getting increasingly difficult to avail decent treatment facilities. Moreover, the financial burden to repay the treatment costs can end up in a debt trap. So to avoid all this hassle, it is advised for every individual to buy health insurance plans as early as possible.
Every insurance company has different requirements for documents. These documents depend on the channel through which you purchase your policy. In case you buy via the online channel, there is no requirement of physical documents, and scanned copies are sufficient. But under the offline mode, you need to attach the listed documents to your policy application form.
Here are the documents that are required at the time of buying a health insurance policy:
Identity Proof
The health insurance plans are issued in the name of the policyholder, and it is important to have an identity in the records of the insurance company. Here is a list of valid documents as an identity proof you need for Human Rehab Insurance.-
- Aadhaar
- PAN Card
- Driving License
- Passport
- Voter’s ID
Any of the above documents serve as your identity document. A photograph is also required in most cases.
Age Proof
The premium you pay for an individual or health insurance plans for family is directly linked to age. It is an essential factor in determining the premium to be charged as it defines the risk that is being undertaken by your insurer.
- Birth certificate
- PAN Card
- Voter Identity card
- Driving License
- Passport
These can form supporting evidence for the ages of the insured.
Residence Proof
Any communications by the insurer in physical form are sent at this address. The policyholder has an option to select whether to receive these communications at the permanent or temporary place of residence.
- Utility bills (telephone / electricity)
- Ration card
- Passport
- Voter ID card
- Bank Account statement
They form part of your application form when buying a health insurance policy.
Income Proof
Evidence of your income is not what every insurance company demands. In case you are asked for one, you can submit your salary slips. For self-employed professionals, your tax returns form sufficient evidence.
Pre-Policy Medical Checkup
A pre-policy medical check is another requirement in a few cases. Here an individual needs to undergo a medical check before the insurance company extends its health cover. This check is generally performed for individuals above 40 or 45 years of age. Any pre-existing diseases can be determined using these tests.
When an individual opts for an unusually higher than the average sum assured, a medical check may be advised irrespective of the age.
In case your health insurance policy falls short of coverage, you can load it with top up health insurance. Get browsing suitable insurance policies and select the one with a wholesome coverage. Stay wise and stay insured!
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