Policy rejected for medical history logging back more than 10-12 years?
16 Mar, 2023
by Nitin Soni
I have a LIC policy running for more than a year and now I have applied for term plan from LIC, have done medical test and medical verification and in medical verification I have stated that I was admitted in hospital way back around 2011 and had a minor hairline fracture around 2009. Now they have rejected my term plan because I didn't disclose these details in previous policy. Right now I don't have any pr-existing conditions nor do I smoke or drink. So does the medical history logging back more than 10-12 years valid reason for policy rejection.
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17 Mar, 2023
Nitin Soni
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17 Mar, 2023
CEO, Insurance Samadhan
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Dear Nitin
Insurance is a Proposal and acceptance contract . It is upto LIC whether they accept or not . No one can force LIC .
Ypu can try another company .
Hope you understand
Shailesh
Insurance Samadhan