It is often seen that people’s health insurance claims get rejected. When this happens, most people blame the insurance company, but in many cases the fault lies with the people. Due to their small mistakes, their health insurance claim gets rejected. Let’s know about 5 such mistakes.
1- Giving wrong information
Many times in a hurry, people give wrong information about their age, income, existing medical insurance policy details, profession etc. This causes problems later. Due to this, many times health insurance claims also get rejected.
2- Hiding existing illness
Often the biggest mistake people make while taking health insurance is that they give wrong information about their current illness, family medical history, smoking or drinking alcohol. This can lead to rejection of your health insurance claim.
3- Ignoring the waiting period
Most health insurances have a waiting period for different diseases. If you do not follow that waiting period and make a health insurance claim during that period for any of those diseases, it is bound to get rejected.
4- Expiration of the policy
Although very few people make such a mistake, but due to this there is no question of the claim being passed. If you do not pay the premium of your health insurance policy on time, then the policy will lapse and your health insurance claim will be rejected.
5. Delay in giving information
Many times people inform the insurance company about hospitalization late. Please note that this time varies in different insurance companies, but if you inform the company after the stipulated time then your health insurance claim may be rejected.
SBI Life Insurance: Heavy penalty on SBI Life Insurance, IRDA warns for rejecting death claim
