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declaring your medical

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30 Dec, 2020 by  Anie Zac

Hi,


I'm buying health insurance for my father (51 years) who has diabetes and hypertension. He's completely fit and fine and has an active lifestyle. He insists me to buy the policy without declaring diabetes and hypertension. He hasn't been hospitalized to date. How will the insurance company get to know that my father had diabetes and hypertension if he undergoes any surgery after 5 years. We can always tell them that he got diabetes and hypertension after we bought the policy, say 2023. What are the consequences of doing so?


Thank you

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1 Answer

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30 Dec, 2020

Hello Anie,


Insurance companies have the wherewithal, the right resources, power to investigate and find out if there is a misrepresentation. It's not worth taking a chance.

For instance: You won't be able to hide with a surgeon or doctor treating your father in the hospital about the history of diabetes and how long he has been on medication - such history is recorded in internal papers which insurers have access to, This is just an instance of various ways an insurer can get information when they find things are fishy.


We have answered this question in detail in our article here: Health Insurance for people with Pre-existing Diseases | Top FAQs on pre-existing disease cover (beshak.org) - Check the section "Why Honesty is the Best Policy"


Do let us know if you have any follow up questions.

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