What are the benefits of buying Health Insurance Online
                     What are the benefits of buying 
Health Insurance Online?
BimaKaro.in
How is effective health insurance? 
When there are many types of insurance plans to take, why should you 
buy health insurance online?
Is there any difference between a regular term life insurance and ULIP insurance from 
health insurance?
There are certainly some differences and advantages to buying health insurance 
online. Unlike other types of insurance plans, health insurance has many significant 
advantages to offer. Such benefits will favour not only you but also your family 
members in many ways.
If you are unsure why you should buy health insurance online, then continue reading, 
you will get many unique reasons.
Advantages of buying health 
insurance online
1. Get all information in one place: Online shopping for a health plan will enable you to get all your required information at 
one place without travelling around from one insurance company to another. Any information you seek can be easily found 
online. Therefore, your job is also simplified, and you don’t need to depend on the customer service executive or an 
insurance agent any more for the same.
2. Save huge time: You have an excellent opportunity to save a considerable amount of time when shopping for health 
insurance plan online. You don’t need to wait for your insurance agent to visit you and delay the process. Instead, you can 
find out all the information you want instantly online and quickly check out the details you wish to, including the terms and 
conditions. You should undoubtedly read out the terms and conditions of every plan offered by the insurance company 
without fail. This is crucial because by taking a health plan without its complete detail, you may end up with trouble at the 
time of claim or settlement.
 
Term Plan Comparison
3. Compare the plans easily: By checking your health insurance online, you will get the other opportunity to compare 
the plans easily. This is very important, as only by comparing the insurance plan, you will get a clear idea about the 
differences between each plan and from different insurance companies too. Moreover, by comparing you can find out 
your right type of health insurance plan that will perfectly suit you and your family members’ requirements.
4. Save premium amount: Another good advantage of buying health insurance online is to save on your premium. This is 
because; by buying online, you can get some discounts, which will reduce the cost of the health plan. Moreover, since the 
need for an insurance agent is ignored, the fee paid to the agent in the name of the commission will also be reduced. 
Therefore, your premium amount further gets diminished, and you can really save good money.
5. Precise premium calculation: The online portals will provide you calculators, which will help calculate the premium 
amount for the health plan precisely. In addition to the premium, you can also find out the details like rider benefits, 
term period, type of health plan, and many others. Therefore, you can now easily find your health plan at the best cost
 
Things to note when buying health 
insurance online:
1. Carelessness in selection: Knowingly or unknowingly, people choose the wrong health plan due to some carelessness. This 
becomes a complete waste at the time you want to raise your claim. Moreover, an incorrect selection may also cause 
dissatisfaction in you and reduce the chances of using the health plan you bought. Therefore you should be careful while 
selecting your health plan.
2. Read the reviews: Never hesitate the importance of reading the reviews given by the direct users and buyers of the health 
plan. The direct users initially provide such reviews; therefore, you can entirely rely on them and make your decision 
accordingly.
3. Shopping in a hurry: Never try to buy a health plan in a hurry. This will only lead you to take the wrong decision. Therefore, 
take your time, analyse, and decide before you buy. Try to cross-check the details before you buy the health plan thoroughly.
Choosing the right term plan?
4. Don’t blindly trust: Avoid trusting any information given by an agent or others blindly, perhaps try to research, analyse 
and check all the details you received for its reliability and truthiness.
5. Enough research: Try to do enough research about the health plans from different insurance companies. Moreover, it 
would be best if you also tried to compare the health plans and their types given by the same insurance company and other 
companies. This comparison and research can help you to choose the perfect health plan for you quickly.
6. Ask questions: Never hesitates to ask questions before you buy the plan. This is because the more you come up with the 
questions, you get much more transparent with your decision and chooses the right one.
To avoid any inconvenience in buying health insurance online, you can take the help of an insurance aggregator online. The 
insurance aggregators will compare and try to choose the best plan for you. In this aspect, Bimakaro.in is one of the reliable 
insurance aggregators in India. You can find all types of insurance plans here. 
Choosing the right Term plan?
High Claim Settlement Ratio (CSR): The Claim Settlement Ratio is the total percentage of claims settled by the insurer against 
the policyholder's claim requests during the financial year. While a low CSR states that your insurance provider has not 
maintained a good record of settling the claims, a high settlement ratio means the record is quite good.
Solvency Ratio: The solvency ratio is another important factor for term plan comparison. It clearly shows the ability whether the 
insurance provider can pay your sum assured as per promised. The Solvency ratio indicates the cash flow to meet long-term 
liabilities.
Term Insurance comparision:
Bimakaro.in
The term insurance comparison can be more effectively calculated with the term insurance calculator tool available online. This 
tool helps you calculate your premium that you will be paying for the desired sum assured in just a few seconds, at the click of a 
button. You need to enter a few details in the online calculation tool such as your name, age, gender, occupational history, the 
desired sum assured, no nominees, etc. The online calculating tool also allows you to compare and analyse the wide range of 
plans offered by various insurance providers.
 
Having read through all the above pointers, we believe you might have got a clear answer for the question - Is  term insurance 
comparison necessary? Comparing term insurance plans is crucial to gain valuable insights on the term plan benefits and 
features. BimaKaro.in has the most comprehensive insurance comparison tool to help you ascertain the best policy for your 
needs. Not only this, but it is also helpful to educate your dependents or nominees or family members to understand the value of 
an insurance plan better and make them aware. So, they can follow up on it during your absence, avail the sum assured on time 
and utilise the same for better reasons.
 
Bimakaro 
Bimakaro.in is the easiest way to buy insurance online. There are multiple options to choose from, and our advisors are 
always there to assist you.