Insurance Claims: Some things should be specially kept in mind while taking health insurance. If you do not take care of these things and ignore them, then your claim can be rejected.
What Is The Health Insurance Claim: If you have taken health insurance or are planning to take it, then you need to take care of many things. In today’s time, buying health insurance has become easier than before. You can also buy it online by sitting at home. But many times you make a mistake in this and due to this you may have problems in future. After buying the policy, you need to keep a few things in mind so that there is no problem at the time of claim.
That’s why it is important that you keep some things in mind while taking health insurance. Ignoring these reasons can get your claim rejected. Let us know about five such reasons, knowing about which you will not face any kind of problem at the time of claim.
Claim Process
You and the health insurance company are bound under a contract. Therefore, you should follow the prescribed norms while processing the claim. Your claim may be rejected due to wrongly filled application form, lack of documents. To understand the health insurance process, you must first contact the insurance company. This reduces the chances of claim rejection.
Pre-existing diseases
Health insurance companies do not cover any pre-existing disease while selling the policy. If you fall sick due to these diseases and require hospitalization, your health insurance company will not be able to cover the cost of your treatment. In such a situation, if you claim, then it is more likely that it will be rejected.
Policy period
Health insurance policies usually have a term of one year. The policy will expire at the end of one year. A lapsed policy is of no use as a policyholder. In such a situation, it is important for you to renew the policy on time. This will also give other benefits on renewal. For this you have to pay premium. But if you do not get the renewal done then the policy lapses. No claim of any kind will be entertained if the policy lapses.
Waiting period
In the case of health insurance, waiting period means that you have to wait for a certain period to avail the benefits of the insurance cover. Some insurers cover pre-existing diseases or maternity benefits after a waiting period of a few years. This period depends on the terms and conditions of the insurance companies. In this case, your claim will be rejected before the specified time limit.
Certain cases
Certain conditions are given in every policy, under which a financial cover is given for your illness. But you cannot claim under certain conditions. To avoid any such situation, you should read the documents related to the policy thoroughly. If you have any doubts or do not understand the policy document, you should consult the health insurance company.
