How To Get Health Insurance Online if You’re Self-Employed?

A health insurance policy is a must for all individuals. People who work in organisations are mostly covered under a group health insurance cover. But there are many who are self-employed and do not have any such facility.

If a person is a businessman or an entrepreneur or a freelancer, there is no reason they should not have a medical policy. To buy health insurance online is not difficult and thus, all individuals who are self-employed must compare online health insurance plans and buy the one that suits them.

When a self-employed person decides to buy health insurance, they must ensure they get comprehensive coverage for themselves and their family. This will cover all medical costs and also help you to not spend your savings in times of a medical emergency.

How to Buy Health Insurance Online for the Self-Employed?

 Any individual can buy health insurance for themselves and their family. For those who are looking to Buy Health Insurance Online, they must follow the following steps:

• Log in to the website of a trusted insurance aggregator
• Fill in all essential details
• Ensure all information is provided is accurate
• Compare online health insurance plans
• Buy health insurance online of the policy that suits you the best

Things to Consider

Before you buy health insurance online the following factors must be considered:

1. Coverage of the plan
2. Type of plan
3. Coverage for family members
4. Requirement for renewal
5. Premium amount and flexibility in payment options
6. Debts and liabilities that are already existing
7. Customise options available to get the additional coverage required
8. Inclusions and exclusions
9. Incurred claim ratio and claim settlement ratio of the insurance company
10. Portability option on the health insurance plan
11. Customer service of the insurance company 

There are many health insurance plans available for individuals and for families. The latter is called family floater policy and this is where a sum insured can be used by any member of the family.

Must Read: 5 Features Of Health Plan You Should Check Before Buying

For a self-employed person, there is a high possibility of not having a stable income and thus, for them a health insurance policy becomes mandatory. There can be days when there is no work and there is loss of income and thus, for financial stability and peace of mind, a health insurance policy is needed.

Benefits of Health Insurance for Self-Employed Individuals

Medical insurance does not seem important till you land in the hospital. There are many benefits of a medical policy. Some of the main ones are:

• Covers expenses during hospitalisation and also pre and post expenses
• Covers the family in the case of a family floater
• No delay in medical treatment due to financial issues
• Tax benefits under section 80D
• Keeps your savings intact
• Peace of mind

With the benefits and an easy process to buy health insurance online, there is no reason why a self-employed individual cannot have health insurance. So choose a good plan from the online health insurance plans and focus on work and family.  

Must Read: 9 actionable tips for choosing the best health insurance policy