Enrollment Card

What Does Enrollment Card Mean?

An enrollment card is a document completed and submitted by a potential policyholder to apply for enrollment in an insurance plan. Once submitted, the applicant must await approval from the insurance company. Upon approval, the individual receives an insurance policy along with the associated coverage, contingent upon the payment of premiums.

Insuranceopedia Explains Enrollment Card

An enrollment card typically requires information such as the applicant’s name, date of birth, social security number, type of coverage desired, number of dependents, and spouse’s name. Depending on the type of insurance policy applied for, the applicant may also need to specify the individual benefits they wish to receive. Premium prices can vary based on the selected benefits. Most people fill out an enrollment card only after they’ve decided which plan they want, since the coverage options you check off on the card depend on the plan itself; our guide on how to choose health insurance walks through the trade-offs between plan types before you get to that point. It’s also worth taking time to compare health insurance quotes from different carriers first, because the premium listed on your enrollment card will reflect whichever plan you’ve already settled on. Once the application is approved, the policyholder is usually issued an insurance card, which serves as proof of policy ownership and coverage.