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Health Insurance Documents – Know About the documents required to buy Health Insurance Plans in India
Health insurance plans have become quite important in today’s age when medical costs have become very high. To face such high medical costs individuals are increasingly buying and securing themselves with a health insurance plan. Thanks to the online mode, buying a health insurance plan has also become very easy and convenient. You can visit the website of a reputed broker, compare the plans available in the market, and find the coverage that you want, make online payment and buy the plan. It is as simple as that.
Some documents are required when you buy health insurance plans. These documents verify your details and help you buy the plan quickly. If you keep the required documents handy, the plan is issued easily and quickly. Do you know what are the documents required for health insurance in India?
Many don’t. So, here is a list of the required documents for your knowledge:
- Age proof – the first and the most important document is your age proof. Since your health insurance premium depends primarily on your age, you have to furnish a valid proof of your age. Some commonly accepted age proofs are as follows:
- Birth certificate
- Voter’s ID Card
- Pan Card
- Aadhar Card
- Driving Licence
- Passport, etc.
- Identity proof – your valid identity proof is required to authenticate your identity. The commonly accepted identity proofs include the following:
- Voter’s ID Card
- Passport
- Aadhar Card
- Aadhar Card
- Driving Licence, etc.
- Address Proof – all the communication sent by the insurance company, including the policy bond, is delivered at a particular address. That is why an address proof is required by the insurer. You can submit any one of the following as a valid address proof
- Utility bills like electricity bill, telephone bill, etc.
- Ration card
- Driving license
- Passport
- Rent agreement if you are tenant, etc.
- A copy of your PAN Card
- A copy of your Aadhar Card
- Your passport sized photograph
- Medical examination reports if you have undergone any pre-entrance medical check-ups required by the company depending on your age and sum insured
- Proposal form duly filled in and signed
- After these documents are submitted, they are analysed by the insurance company and then the health insurance plan is issued.
Choose wisely!
Author Bio
Paybima Team
Paybima is an Indian insurance aggregator on a mission to make insurance simple for people. Paybima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. Paybima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
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Jan 08, 2025
Health Insurance
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What consequences does it bring upon the insured if the person offers wrong information on his/her life insurance proposal form? Let us find out in this post!
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There are plenty of life insurance myths that people have regarding and they need to be dispelled.
It is thanks to these wrong ideas that people fail to see insurance as what it truly is – a vital part of your financial planning. You need to understand that these policies are an important constituent of your financial contingency plan – one that would protect your near and dear ones financially in the future. It would make sure that they do not experience a shortage of funds when they need them in the future. In certain cases, it can also act as a source of income following retirement as well as ailments and accidents that render you unable to work and earn.
When Rajesh wanted to purchase a new life insurance policy for his family, many of his friends advised him to understand the claim settlement ratio of a company. Although he didn’t understand what claim settlement ratio is, he knew that it was relevant in making the decision to buy a policy from a particular company. He therefore researched about it, compared plans and at last, he bought a policy from a company that had a high claim settlement ratio.
Buying a new online term insurance plan involves researching on various things like cover, exclusions, add-ons, and one should know about them in detail. For example, Tata AIA is a leading insurance company that offers a wide range of insurance plans in market at very competitive prices. However, being competitive in pricing alone is not enough, it is necessary to understand the company’s claim settlement ratio (CSR) before purchasing a plan.
Saral Jeevan Bima Yojana is a new standardized life insurance policy that has been brought about by the IRDAI (Insurance Regulatory and Development Authority of India) so that people can have an economical life insurance policy.
This is a non-participating and non-linked individual pure risk premium life insurance policy. In this case, your nominee would receive the sum assured if you pass away while you are covered by the policy. In its annexure, the policy states some benefits and riders. Apart from that, it does not offer any other benefit, rider, variant, or option. The only exclusion in the policy is that of suicide.
The Indian government offers various life insurance plans to secure the financial future of people. The PLI or Postal Life Insurance is one such government policy that monetarily protects the lives of your family members at an economical postal interest.
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