Should i inform my term insurance company about other health/accident policies?

08 Apr, 2023 | by Karthik Taduvai

I am going through my insurance proposal document for the policy bought 1.5 years ago and seen a section for linking previous policies. I linked my previous term insurance policies while buying this new policy.

Now i saw another line in the document mentioning linkage of health and personal accident policies. Do we need to link health and accidental policy details to term insurance policy?

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1 Answer

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11 Apr, 2023

Avinash Sonee

3.8

Hi,

Please share the screenshot where it is mentioned.

In your proposal form, there will be a question about 'Any life/health/accident/critical illness policies/proposals which were rejected/accepted with conditions/loading etc.?'

If the answer to the above is yes, you'll need to mention it along with the details. Otherwise, I don't think a term insurance asks for linking or sharing other health insurance policies.

Thank you

2 Comments

15 Apr, 2023

Karthik Taduvai

Attaching the screenshot from the proposal document.

15 Apr, 2023

Avinash Sonee

3.8

This looks like 2 questions combined into one. But still, it shouldn't be a issue if the health insurance details are not shared. But for your peace of mind, you can drop an email to the insurer sharing the details of your other insurance policies.

Thank you

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