Whenever you see an example of a claim being denied by an insurance company in the news, it is very confusing to see why the insurance company will deny the claim if you are not careful. We can avoid the situation of claim denial by paying attention to some important details before and after buying insurance. First of all, you should take your health information seriously. Health information is the first hurdle of insurance, as the policyholder in filling out the health information questionnaire, you need to answer the questions and not lie or hide the questions, but if the insurance company did not mention the questions the policyholder can not take the initiative to answer.
If there is a disease or abnormality asked in the health notice, you should not hide it, you can try intelligent underwriting or manual underwriting, as long as the underwriting is passed, the insurance company can provide normal coverage. Even if you forget to inform the insurance company if you have a disease, you must make additional information in time, otherwise, it may affect the claim. If you need a medical examination, you should do it after the waiting period. As we all know, insurance companies generally do not pay for insurance during the waiting period. Therefore, this article recommends that if you have just purchased an insurance policy, whether it is critical illness insurance, medical insurance or life insurance, you should wait until the waiting period for the insurance product has expired before going for a medical examination. Here, the article also gives you the waiting period for the relevant insurance for your reference: the waiting period for critical illness and life insurance is usually 90-180 days.
The waiting period for medical insurance is slightly shorter than the waiting period for critical illness and life insurance, but it is basically 30-90 days, but if you successfully renew your policy the following year, you will not need to go through the long waiting period again. However, there is an important point to remind you: if you are not feeling well, don't hold back from going to the hospital for a medical checkup just to get through the waiting period, after all, your health is the most important thing. Timely reporting of insurance claims. Many policyholders are not yet aware of the importance of timely reporting of claims, and some even have the mindset that even if they need to report a claim, it will take a while and not be urgent.
However, when they remember to file a claim with the insurance company one day, they may be rejected by the insurance company. If you delay too long, it will be difficult for the insurance company to determine the cause of the accident and the extent of the injury, which may have an impact on the claim. Generally speaking, most critical illness, medical and life insurance policies require notification to the insurance company within 10 days of the accident. Regardless of the type of insurance, in order not to affect the claim, you must remember to report the case promptly.