back arrow Back

Do you have to report health issues after you have bought the insurance policy?

reply Share
04 Sep, 2020 by  Questions On Social Media

I have following doubts sir.

My parents have national insurance for one lakh from past 5 years.At the purchase time'my parents did not have any health issues.Right now my mother is taking medicine for bp occassionsly as an d when bp comes.

My father takes some tablets for memory.Apart from that they dont have anything.They are age 72 father and mother 62.

Each year at the time of renewal'the agent takes money a nd renews it.we have not said to him about our current health situation nor he mother says 'it is just occassional bp problem so it might not be neccessary to inform the agent about it and abt my father she feels same for my father.

Right now as per yur opinion i have taken 3 lakhs insurance from oriental pnb senior apart from national insurance as well-To my surprise they did not ask any details and issued the policy.

In general we are financially weak.

So now keepinf all this info are we are on right track so as to not get rejected if we have health problems or do i need to rectify any thing to be on right path.

Apart from this insurance problem' sir my parents havve 4 lakhs saving and they are dependant on that for some income from it with less risk.

What investment options might be good in tbat situation.

Could yu let me know about these two issues mentioned

like like
Health Insurance

2 Answer

04 Sep, 2020

Here are the answers:

  1. You are required to inform your insurer about every disease/health condition before the policy is issued.
  2. You don't need to inform your insurer about any disease that has occurred after the policy has been issued.
  3. If you are upgrading your policy, the additional sum insured is treated almost as a new cover - hence at the time of upgrade you need to inform about all diseases/health conditions/symptoms/medical history before the upgraded policy is issued.
  4. If your mother had BP problem before the issuance of the policy - it is important you inform the insurance company in writing - this will avoid any kind of claim disputes in the future. Do not ignore this advice.
  5. We cannot provide you advice on investments. We are focused only on Insurance.

Hope this helps :)

like like
icon-comment 0 Comments
icon-reply Reply
09 Sep, 2020

About your first question, I have a two part answer to add on to what Mahavir has already written.

1) Since you have 1 lakh sum insured policy, your room rent limit would be 1000, which is practically useless as in your claim hardly anything would get paid. Given your parent's age, I think you are paying a hefty premium. You should check carefully whether even to continue this policy or not.

2) Next, if you were to claim, insurance is going to ask for history of BP. While your claim will be payable, but several questions will be raised about history of BP and your paperwork should be in order.

If I may suggest, kindly email your policy to me on so that I can advise on whether this policy is worth continuing. I may also be able to help prepare you for the paperwork needed for a future claim.

like like
icon-comment 1 Comments
icon-reply Reply
12 Sep, 2020
Shravan Kumar
Hi sir will do it.Tx From Shravan
like like
Discover the best tips for insurance every week!
beshak logo

Beshak is your source for clear, research-backed information & analysis of insurance plans. Our sole focus is to help you make well-informed decisions on insurance. We don't sell or advertise insurance plans or companies.

facebook icontwitter iconlinkedin icon

Beshak is not regulated by the Insurance Regulatory and Development Authority of India (IRDAI) and does not have any alliance or association with any Insurance business. © Copyright 2021 Beshak Solutions Pvt. Ltd. All Rights Reserved.

Disclaimer: The content on the website is purely for information purposes for the public at large, and does not constitute personal financial advice for a specific individual reader.
If you are reading this, it means you love reading the fine print. Why not get paid for what you love doing - Join us by writing to now 🙂