Buying Health Insurance with A Pre-Existing Illness? Things You Should Know
Close
Close

Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Term Plan

Protect Your family’s financial future with Kotak e-Term Plan. Know more

Kotak Assured Savings Plan

A plan that offer guaranteed returns and financial protection for your family. Know more

Kotak Guaranteed Savings Plan

A plan that offers long term savings and insurance in one premium. Know more

Kotak e-Invest

Insurance and investment in one plan with Kotak e-Invest. Know more

Close

Get a Call

Enter your contact details below and we will get in touch with you at the earliest.

  • Select your Query

Thank you

Our representative will get in touch with you at the earliest.

Kotak e-Term Plan

Buying Health Insurance with A Pre-Existing Illness? Things You Should Know

Read this article to know all the important things you should consider while buying a health insurance with Pre-existing illness to avoid any unnecessary situation.

  • Oct 20, 2021
  • 465 Views

To ensure your and your loved ones’ well-being, you take all the possible measures in your control. However, situations that are not predictable sometimes arise, such as unfortunate incidents and unexpected medical diagnoses and some of these can become lifelong diseases. As a result, they incur heavy expenses that take up months to years and can heavily impact your lifelong savings. Therefore, having health insurance is necessary as it financially protects you during such circumstances with the required coverage. The types of health insurance plans that cover long term medical conditions come in the form of critical illness riders (there are options to get standalone policies as well), health insurance for senior citizens, etc.

Critical health insurance or critical illness health insurance is a type of health insurance plan that provides you with a pre-decided lump sum amount if there is a diagnosis of any critical illness mentioned under your policy during the policy period. Usually, the illnesses covered include cardiac issues, cancer, transplants, surgeries, etc. But the main question is - what happens in the case of pre-existing illness?

Pre-existing illness

A pre-existing illness or injury is something you have before you get a health insurance plan for yourself. Very often, there is an apprehension to mention such a situation because people fear that there is a high chance of their health insurance not coming through.

Further, there have been several instances wherein claims have been rejected as the guidelines by the regulatory body stating that if there are signs or symptoms of the ailment within three months of buying the policy, then it can be categorized as a pre-existing ailment. Some examples of pre-existing health conditions include diabetes, epilepsy, heart conditions, etc. However, these days pre-existing illnesses are not the pain points they used to be, thanks to newer regulations.

Some Points to Keep in Mind

You must be thinking about how you can work around this problem. Well, here are a few points to keep in mind if you are applying for health insurance with a pre-existing condition.

Different Insurers = Different T&Cs

There are many companies that take your entire medical history of pre-existing conditions into proper consideration. They understand your situation and help you chart out your plan accordingly so that you can get the required benefits with your plan.

Do Not Hide Your Illness

It is highly advisable to be honest with your pre-existing condition and refraining from hiding details. This is important because if, during the treatment process, they find out you hid something, your claim will get rejected.

All Doctor Consultations Are Not Counted

You have to bear in mind that all doctor consultations will not be covered under your health insurance. For instance, if you are making visits for short term ailments like cold, cough, fever, etc., those will not be covered under your insurance plan.

Pre-existing Illnesses will be Covered

There is generally a waiting period for a pre-existing illness. During this period, you have to wait till the said time is complete, post which the cover benefits will be provided to you. If you make any hospital visits during the waiting period, your insurance will not cover the costs.

It is usually suggested that you are honest about your medical background with the insurance provider for a smoother claim filing process so that you get the benefits you deserve. Therefore, while buying health insurance, it is crucial that you provide complete information to your insurer so that you can choose the health insurance which is best for you!

Kotak e-Term Plan

Download Brochure

Features

  • Nominal Cost
  • Multiple Plan Options
  • Flexible Payout Options
  • Critical Illness Rider
  • Tax Savings
  • Long term Coverage

Ref. No. KLI/22-23/E-BB/492

T&C

- A Consumer Education Initiative series by Kotak Life

Similar Articles

Steps to Appeal A Health Insurance Claim Denial

Health Insurance Plan for Heart – What you Should Know on Symptoms and Diagnosis of Heart-Related Disease?

Health Insurance with or Without Medical Tests? Which is Better

Is Cataract Surgery Covered under Health Insurance in India?

What is OPD Cover in Health Insurance?

Critical Illness Can Disrupt Family's Financial Goals and How Health Insurance Can be Useful

How Much Of Health Insurance Is Tax Deductible?

Stress and Heart Health: 4 Things You Should Know

The Importance of a Health Insurance Claim Ratio

Health Insurance Coverage for HIV Patients

Section 80D: Everything You Need to About Income Tax Deduction for Medical Expenditure

How do I Choose a good Health Insurance Plan?

What is International Health Insurance? Meaning, Importance and Benefits

5 things to consider while renewing a health insurance policy

Healthy Habits to Avoid Falling Sick During Monsoon

What Is the Restoration Benefit in Health Insurance?

What is Disability Insurance?

Is Health Insurance the Same as Medical Insurance?

Why Opting for Short Term Health Insurance Plans is a Wise Idea?

What is the Persistency Ratio and Why Does it Matter to the Health Insurance Sector?

Health Insurance Plan for Cancer: What You Should Know on Symptoms and Diagnosis of Cancer

What is the Difference Between a Mediclaim Policy, Health Insurance and Term Insurance?

Health Insurance for Personal Accidents

How Much Health Insurance Cover Should You Opt For?

How to File Health Insurance Claims?

Are You Covered for the Home Treatment Cost Under Your Health Insurance Policy?

Benefits of Health Insurance You May Not Know About

Why You Must Disclose Your Pre-Existing Conditions When You Buy Health Insurance

How To Choose A Good Health Insurance Plan?

Tips to Reduce Your Health Insurance Premium

Key Difference between Health Insurance and Mediclaim Policy

Rashtriya Swasthya Bima Yojana: Eligibility, Coverage, Benefits

Health Insurance for Liver: What You Should Know About the Symptoms and Diagnosis of Liver Problems

How wellness benefits can help reduce your health insurance premium

What Medical Expenses Can You Claim in Health Insurance Plans?

Health Insurance Coverage: Day Care Treatment Vs OPD Treatment

Heart and Cancer Insurance

Which Health Insurance Plans Cover Your Family Members?

Health Insurance Plan for Family

How Is Your Health Insurance Premium Affected By Age?

Key Factors that Decide Your Eligibility for Buying Health Insurance Plans

Top Five Institutes for Free Cancer Treatments in India

Do Add-On For Health Insurance Policies Really Add Value?

How Your Eating Habits Affect Your Health & How to Change Them

How to Transfer Your Health Insurance Cover Without Losing Benefits?

Choosing Health Insurance for Senior Citizens

Saving Tax on Your Health Insurance

Health Insurance for Brain Tumour: What You Should Know on Symptoms & Diagnosis of Brain Tumour

Basics of Health Insurance

What do Health Insurance Plans Cover?

Everything You Need to Know About the Ayushman Bharat Health Insurance Scheme

List of Critical Illnesses Covered in Health and Life Insurance Plans

How Much Should I be Paying for Health Insurance?

6 Common Myths about Health Insurance

Types of Health Insurance You Must Know About

Health Insurance for Students Who Study Abroad

Why Should You Opt for Cancer Insurance?

Is Health Insurance Non-taxable?

What is the Right Age to Buy Health Insurance Policy?

What is Health Insurance and Why do You Need it?

What is Single Premium in Health Insurance?

5 Reasons to Consider Investing in Health Care

Seven Preventive Measures for Heart Related Illness

Things to keep in mind before buying a health insurance plan for diabetics

What Does Health Insurance Not Cover?

Why Your Health Insurance Cover Could be Insufficient?

Critical Illness Insurance for Alzheimer's Disease

What is Telemedicine? How to Seek Medical Treatment Remotely?

Why do Patients with Hypertension Need Health Insurance?

10 Preventative Measures for Diabetes

Health Insurance Plans for a Pre Existing Condition

Everything You Need to Know About Accidental Insurance Policy

7 Things to Audit in Your Health Insurance Plan

Why is Cardiac Care Plan a boon for Heart Patients?

Why You Need to Know About the Critical Illness Plan?

What are the Documents Required for Buying a Health Insurance Plan?

All You Need To Know About No-Claim Bonus In Health Insurance

Why You Must Disclose Your Pre-Existing Conditions While Buying Health Insurance?

How is Health Insurance Cost Calculated?

How to Claim Tax Benefits on Medical Insurance Premium?

Guide on Fraudulent Health Insurance Claims in India

5 Reasons to Buy Health Insurance in 2021

What are Health Insurance Premiums? How are they Calculated?

Difference Between Open Heart and Bypass Surgery

Factors to Consider While Choosing a Health Insurance Plan for Your Parents

Why You Must Review Your Health Insurance Policy/ Plan Every Year?

What Is the Restoration Benefit in Health Insurance Plan?

7 Reason Why Should You Buy a Health Insurance Plan in Your 20s?

A Millennial’s Guide to Buying Health Insurance

Why You Must Review Your Health Insurance Plan Every Year

Tax Benefits on Health Insurance Plans

10 Effects of Fast Food on Your Body

Protect Your Family with Health Insurance Today

How to Choose a Right Health Insurance Plan?

How to Switch to A Different Health Insurance Company?

Does Critical Illness Insurance Cover Stroke?

How to Buy ₹1 Crore Life Insurance Policy Without Medical Test?

Which One is Better: Mediclaim or Health Insurance?

5 Reasons to Own Both Health Insurance and Term Insurance