Health Insurance: Are you also buying health insurance online? Buying it is easy, but avoid these mistakes..

The internet has made buying health insurance easier than ever before. You can now comfortably compare policies from different companies from the comfort of your home. Online purchasing has made insurance incredibly accessible and transparent. Comparing plans online is completely stress-free. Everything is paperless, fast, and can be tracked on a single dashboard.

However, there's also a challenge: the online model offers less guidance. Without an agent, many buyers don't fully understand crucial details like what information needs to be disclosed, waiting periods, or sub-limits. Here's what you should keep in mind.

What mistakes do people make when buying insurance online?
People often focus only on the premium, while overlooking important aspects like room rent, co-pay, and waiting periods. Many customers opt for policies solely based on low premiums, even if the coverage doesn't meet their needs. Many consider it merely a tax-saving tool, not a means of protection.

Low-premium plans often have strict room rent caps, sub-limits, and co-pays, which become apparent only when filing a claim. People also overlook add-on covers that could prove useful later.

What is the biggest mistake people make when buying insurance online?
Not providing accurate information in the proposal form. Naidu reminds us that no past tests, medications, illnesses, or surgeries should be concealed. Most claim rejections are due to inaccurate information.

What aspects require the most caution?
Room Rent

Opting for a room category higher than the one specified in your policy can lead to deductions on the entire bill.

Cashless Facility
Before going to the hospital, check if it's in the network.

Top-up Plans

These are only beneficial if the deductible correctly matches your base policy.

Pre-authorization
Start the process 3-5 days before planned surgery. OPD Expenses

Most policies do not provide separate OPD coverage, so consider getting an OPD add-on if needed.

Disclaimer: This content has been sourced and edited from Dainik Jagran. While we have made modifications for clarity and presentation, the original content belongs to its respective authors and website. We do not claim ownership of the content.