Article

Procedure: How to Get a Medical Insurance Policy
January 30 , 2013

  1. Go for an individual medical policy if you are single; and a family floater if you are married. If you have children, make sure they are all covered under the family floater
  2. You can go for the lowest premium policy. There is not too much difference in service quality between players currently

  1. The agent will get you the proposal form to fill, or you can fill one online
  2. The form is a bit lengthy, but make sure you fill it accurately and not leave it to the agent to fill in any parts for you. Any mistakes or wrong information here could affect your claim later
  3. You will be told the premium you will need to pay. Hand over a cheque of this amount to the agent
  4. In addition to the form, you may need to hand over a photograph, proof of identity and proof of address

  1. You may not need a medical test below about 45 years of age

  1. You should receive the policy document by post in 10-15 days. If there is some issue with your medical, you may be asked to pay a higher premium
  2. Do go through your policy carefully to check for any mistakes
  3. Subsequent year premiums can be paid by cheque or online, depending on your convenience
  4. Many policies have a cashless facility. But very often you may need to pay the bills upfront and take up the claim later. Either way, the medical policy can save you from financial trouble in case of any illness or accident to members of your family

Fintotal Knowledge the best place to learn more on personal finance.

The language is simplified and written specially for non finance background individuals.


Explore more in a easy manner.

Table of Contents

Table of Contents

  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed
  • No Article Listed

Get the all financial products under one roof only at

you will NEVER GO WRONG with us!

Unbiased . Best Deals . Appropriate Products . No Mis-selling