Top 9 Reasons to Buy Star Health Insurance Policy Online

Health insurance plans are a necessity these days. The cost of medical treatment is always on the rise. And if you do not have a health insurance plan, you will end up paying for treatments from your pockets. Given that India has a medical inflation rate that is higher than its standard inflation rate, the cost of treatment isn’t going to come down anytime soon.

Should you decide to buy a health insurance plan, the next and most obvious question would be, which policy or insurer should I choose? The presence of several insurance providers in the country might make the decision a bit tricky for you. To help you with the dilemma, we have all the details that you would need to buy Star Health Insurance. 

Buy Health Insurance Online

You can buy online health insurance from Star Health and save a considerable amount of time and money, as compared to offline mode. When you buy online, you bypass any insurance advisors and insurance providers pass on the cost-benefit to customers. Apart from saving money, there are a lot of other perks of buying online health insurance.

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Benefits of Buying Star Health Insurance Online

Online health insurance plans offer a lot more information than their offline counterparts. This allows you, as a policy buyer, to make an informed decision. You can compare health insurance plans and pick a plan that best suits your needs and requirements. 

Here are the top 9 reasons for buying Star Health Insurance online:

1. Affordable

The biggest perk of going online to buy your health insurance policy is the lower policy premiums. Since insurance companies no longer have to pay commissions to insurance advisors, online policies are more affordable. On average, they are 20-30% cheaper than their offline counterparts. 

2. Easy Renewal

The process to renew a policy online is simple and quite intuitive. When you renew your Star health insurance online you can do so in a timely manner without ever losing your policy coverage. There is a massive shift in the number of people opting to renew policies online. 

Given the ongoing pandemic, going online ensures that you do not visit branch offices or meet with insurance advisors. You can renew the plan online and save time and money.

Also, renewing your policy online offers a lot of flexibility when it comes to the payment schedule and a few other processes. While renewing your policy, you can switch to Star Health Insurance from your current insurer.

3. Transparent

Should you decide to buy Star Health Insurance online, you get a lot of transparency along with it. You can simply visit Star’s website to download and go through the policy documents. This would allow you to go through the inclusions and exclusions of the policy. 

You can keep them for reference so that you are not misled at a later point. This is a departure from the offline mode, where your insurance advisor has all the details and they at times mislead policyholders.

4. Compare Policies

One of the biggest perks of buying a policy online is that you can compare different policies. This allows you to check which insurer offers the highest sum insured, which insurer offers the most affordable premiums and so on. You can even compare coverage of the policies and customize a plan that suits your needs.

5. Riders

Star Health Insurance offers a wide range of riders for its health insurance plans. You can pay an additional premium to get a rider for your insurance. With a small premium, you can improve your policy’s coverage. Some of the most popular riders include critical illness cover, OPD cover, maternity cover, accidental death cover, etc. 

6. Online Review

Another perk of buying a policy online is that you can view what other policyholders feel about the policy and the insurer. You can view the customer reviews either on Star Health’s website or on other portals. This can give you a better idea of how easy or difficult it is to buy a policy from Star and the kind of services that they offer. 

7. Easy Access

Unlike insurance advisors, your online health insurance offers you much better service. You can take the help of customer care which is available 24/7 for any queries that you might have. Reach out to customer support if you need any information on your policy or details or need help with a policy claim. 

Insurers such as Star Health are investing heavily in their online platforms, as they see more and more customers opting for them. 

When you buy a policy online, you will receive a username and password for an online account. You can view your policy details and look for additional services, should you need any. The website will also let you download a digital copy of your policy at any time. 

8. Better Decision Making

When you buy health insurance online, a lot of the research is done by you. The decision to buy the policy is not influenced by any individual or insurance advisor. Once you start doing your research, you come across different parameters such as claim settlement ratio, number and list of network hospitals, customer support etc.

Claim settlement ratio is an important factor that you must not ignore. The ratio indicates the total number of claims that Star Health or any insurer has settled versus the total number of claims that they have received. A higher number implies that the chances of your claim being approved are high. 

Unlike the offline mode of purchase, where you have to rely on the insurance advisor for all these details. 

9. Flexibility

Should you decide to buy an online policy from Star Health Insurance, you get a lot of flexibility along with it. You can compare health insurance plans before zeroing down on a plan or buying it. 

You get quite a bit of flexibility as far as paying the policy premium is concerned. Policy buyers can either pay EMIs quarterly or half yearly or pay premiums annually. Online policies also allow you to easily change the sum insured and see how that impacts the policy premium.

Conclusion

Buying an online health insurance plan from Star Health Insurance will save you a considerable amount of time and money with a lot of conveniences. It can get incredibly difficult to manage any medical emergencies. If you do not already have a health insurance cover, now might be a good time to buy one from Star Health Insurance. 

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