Can I purchase a time period insurance coverage plan with out particulars of previous sicknesses?

I’m 34 years previous. I had not too long ago utilized for time period insurance coverage from a number one insurer and had disclosed that I had undergone remedy for jaundice 12 years in the past. The insurer is asking me for particulars in regards to the remedy, however I would not have these particulars. What ought to I do to get time period protection as I don’t have any sicknesses as such now.

—Name withheld on request

Insurers usually request details about previous sicknesses, together with jaundice. If you don’t have any medical information out of your remedy 12 years in the past, a present medical health certificates mentioning your jaundice historical past will be obtained.

Additionally, together with the outcomes of your newest well being check-up can present a reference level for the insurer.

It’s seemingly that the insurer would require you to bear a medical examination. If the present insurer nonetheless declines your utility, you possibly can withdraw it and apply with a distinct insurer.

I’m 30 years previous and have already got well being and time period life insurance coverage. For extra complete protection, I’d additionally like to purchase a incapacity rider. Please let me know the way it works.

—Name withheld on request

You can buy incapacity protection in two methods. The first choice is to purchase an unintentional demise and incapacity rider along with your time period insurance coverage coverage. The second choice is to buy a separate private accident insurance coverage coverage from a common insurer.

In both case, the coverage pays the sum insured within the occasion of unintentional demise or everlasting whole incapacity. For instance, everlasting whole incapacity consists of the lack of each limbs or each eyes. If the policyholder experiences partial everlasting incapacity, a hard and fast portion of the sum insured shall be paid. The certain amount payable for every kind of incapacity is printed within the coverage. For occasion, the lack of a thumb is taken into account a type of partial everlasting incapacity.

Please observe that some life insurance coverage unintentional incapacity riders might not cowl partial incapacity. In such circumstances, it’s endorsed to purchase the plan from a common insurance coverage firm.

I’m 32 years previous and received married not too long ago. I’m coated by my company well being coverage however need to purchase medical health insurance for my spouse. Please recommend whether or not I should purchase a household floater plan or a person coverage for my spouse. Also, what components ought to I think about earlier than shopping for well being Insurance?

—Name withheld on request

While shopping for a medical health insurance think about the next facets. First, the sum assured must be equal to your annual revenue or a minimum of ₹10 lakh.

Second, be sure that the plan has no sub-limits on room lease or capping on particular illnesses. Third, search for particular add-ons, which can be related to you, equivalent to maternity profit.

Abhishek Bondia is principal officer and managing director, SecureNow.in.

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