Critical illness insurance is designed to pay a one-time payment if you are unfortunately diagnosed as one of the medical conditions specified in the policy document.
The length of the list has changed a lot. Some of them cover as few as eight diseases. One kind is staggering, but this is a slightly different version. Payments vary according to the severity of the condition. Heart disease and cancer are the first choice for all policies. Few policies will cover stress or mental problems. Back problems are also rarely involved.
Although some people think that coverage of important diseases is essential and they enjoy the peace of mind provided by the insured, it is interesting that many claims have been rejected. It is believed that this number is 20%. The most common reason is not to disclose the previous disease. The insurance company has the right to do this. If a claim occurs, the first thing is that the insurance company will ask you to provide a complete health record. They will deal with these issues as quickly as possible, and if they find any evidence that they have failed to tell them about their previous illness or condition, whether or not you think it is relevant to the current situation, they can legally refuse to pay a claim. The law clearly states that if the customer does not disclose the information provided by the insurance company, the supplier has the right to cancel the insurance.
This actually means that if you fail to tell the insurance company or even a minor illness when you file a major illness insurance application, then the entire policy is not worth it."
This seems to be Impossible situation.Long-forgotten minor illnesses may again be bothering you.For Mom'in there - can you remember the "quirks" of your pregnancy? Your blood pressure may have risen; you may You suffer from usual morning sickness, back pain, and so-called "gestational diabetes." This is very common. Most cases don't even need treatment and cleansing and will never return. After a few years, you may decide to take out some important sickness insurance. Do you still remember the problem of pregnancy, let alone imagine that it would have an effect on an unrelated disease? However, this failure to discriminate may be caused by the insurance company's refusal to pay for a major illness that has not been related later.
How many times did the doctor's surgery come out, grab some pills, and don't know if the doctor's actual name fits the status you are currently receiving? It will be in your In the record, but after a few years, as the illness clears, who can honestly say they remember and record every minor illness.
If there is a dispute related to non-disclosure, if the financial ombudsman service intervenes, they will Try to determine if the consumer claims to be delayed or if detailed information is missing, for example, because the question on the proposal form is poorly worded
One way the situation may improve is that the insurance company conducts a more detailed investigation before issuing insurance. Or if they agree to file a claim after a reasonable period of time has been agreed, they do not agree not to apply medical records.
If you are thinking about buying a major illness insurance, it is obviously very important to read this policy carefully and make sure that you tell the truth. The whole fact, not the truth.Only when you are convinced that you have full confidence in the choice of insurance company will make the final decision.
The online broker will be able to provide you with a variety of policies and recommendations.There are some special internet Discounts
[ad_2]
Orignal From: Critical Criticism
No comments:
Post a Comment