List Of Documents Required To Buy Health Insurance

Are you thinking of buying a health insurance policy?
If you aren’t, it’s high time that you do. 

Why?

With skyrocketing medical costs especially post pandemic and the increasing lifestyle diseases among people young and old, having financial security during medical emergencies has become all the more important.

A growth in demand for health policies was recorded on a pan-India level post pandemic. In fact, the number of health insurance products sold doubled between the years 2020 and 2022. 

This shows that more and more people have become aware and started to realize the importance of having a health insurance policy.  Without which, you are likely to erode your life savings or even get under medical debt. 

When you buy a health insurance policy online or offline, your insurance company requires certain necessary documents to be submitted to complete the purchase process authentically. The insurance company issues the policy copy only when everything is verified.

So here in this blog today, I’ll give you the list of required documents so you don’t miss out on anything in the process of buying your next health insurance policy. 

• Proof of Identity
  
  Identity proof is used by insurance companies to maintain records of its policyholders. It is also used when policyholders need to use the policy for claiming. One of the following can be submitted as proof of identity:  
  
  
  1. Aadhaar Card
  2. Passport
  3. Voter ID
  4. Driving Licence
• Just so you know, PAN card is no longer acceptable as identity proof.
•  
• Proof of Age

Age proof is another mandatory document to be submitted for health insurance. Any of the following can be submitted as proof of age:

• 1. Aadhaar Card
  2. Passport
  3. Voter ID
  4. PAN
  5. Birth certificate
  6. Driving Licence

• Proof of Address

This again is an essential document required for health insurance. It may also be used by your insurance provider to communicate with you on your postal address. Some of the documents that can be used as an address proof are mentioned below:

• 1. Driving Licence
  2. Ration Card
  3. Aadhaar Card
  4. PAN
  5. Passport
  6. Rent agreement (if applicable)
  7. Utility bills like electricity, telephone, etc.

• Passport Size Photograph

Passport size photo is again used with your identity. This may be optional.

• Medical Reports

Medical reports are demanded as per the insurer’s requirements. These are generally needed to access the current health condition and pre-existing diseases (if any) of the policyholder. 

• Proposal Form

This document shall be duly filled and signed in. Health insurance is important for you and your family at any stage in life.

Based on your age, income (affordability), and medical condition, choose a preferable health insurance plan that will secure you financially in times of need.  Remember to be very careful while submitting the above mentioned documents to get health insurance benefits.