Uploaded on Apr 2, 2021
It is almost impossible to imagine our lives without our smartphones. This little device in the palm of your hand can be used to book movie tickets, make holiday reservations, buy clothes, order food, or even call for a taxi. You can even use your phone to manage your finances – there are many apps that help you keep track of your expenses, pay your bills, and even buy insurance products.
You Can Now Buy Insurance From Your Smartphone Too!
You Can Now Buy
Insurance From
Your Smartphone
Too!
It is almost impossible to imagine our lives without our
smartphones. This little device in the palm of your hand can
be used to book movie tickets, make holiday reservations,
buy clothes, order food, or even call for a taxi. You can even
use your phone to manage your finances – there are many
apps that help you keep track of your expenses, pay your
bills, and even buy insurance products.
Buying insurance is now simpler and smarter
Insurers now offer some of their plans on through their health
apps. All you need to do is download the app, explore plans,
fill up a quick form, and pay for your coverage. The process
of getting coverage through a health app is really that simple.
Moreover, these health apps generally have very intuitive
platforms. Even first-time users can sail through the process
of buying coverage on these apps with ease. Insurers
understand the need for hassle-free processes in insurance –
right from buying your plan and paying for it, to raising
claims.
If you are new to buying insurance on a digital platform, you
can start off by purchasing microinsurance products.
Microinsurance plans are bite-sized plans designed to offer
you affordable coverage at low costs. Examples of
microinsurance products include plans such as
dengue insurance cover, breast cancer insurance,
prostate cancer insurance, and even coverage against
side effects of the COVID-19 vaccine.
The premiums of these microinsurance plans are quite
nominal too. Let’s look at an example. A prostate cancer
insurance plan will cost from S$5 for coverage that lasts 12
months. This premium has been calculated for a male non-
smoker, aged 20 to 25 years (age next birthday). These
affordable costs help ensure that insurance products are
within the reach of more people. No one should have to miss
out on coverage simply because they cannot afford it.
As we can see, buying insurance now is both convenient and
affordable. You simply need your smartphone, a few minutes
at hand, and a stable Internet connection to secure yourself
financially against the uncertainties of life.
Having a health app keeps your health at your fingertips
Using a health app can be a great way to stay in touch with
your health needs. You get access to an AI health assistant
that guides you in understanding your medical needs. You
can check symptoms, know your BMI, and stay on track with
fitness goals too.
These days health apps also offer you access to telemedicine
services. You can get a quick video consultation with a
doctor anytime you feel ill. Imagine a situation in which you
suddenly feel sick at night – and you don’t even have energy
to get out of bed. In this case, you can log on to your health
app and book a quick consultation with a doctor at your
convenience
Go ahead and explore the convenience of buying coverage
from the palm of your hand. We hope that this article proved
to be an informative read for you.
THANK YOU
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