Buy a Life Insurance Plan in a few clicks

Now you can buy life insurance plan online.

Kotak e-Invest

Insurance and Investment in one plan.

Kotak e-Term

Protect your family's financial future.

Kotak Guaranteed Fortune Builder

A plan that offers guaranteed income for your future goals.

Kotak T.U.L.I.P

A plan that works like a term plan, and Earns like ULIP Plan.

Kotak Assured Savings Plan

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

Kotak Assured Pension

A plan that offers immediate or deferred stream of income

Kotak Lifetime Income Plan

Retirement years are the golden years of life.

Kotak Guaranteed Savings Plan

A plan that offers long term savings and life cover.


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.

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

Many people lie about their health due to rejection in the insurance application. Read about why you must disclose your pre-existing conditions when you buy health insurance.

  • 1,726 Views | Updated on: Dec 26, 2023

When you think of securing your family’s future, the first thing that may probably come to your mind is health. Therefore, buying a health insurance policy should be your priority. This will ensure that the insurance provider will cover any health expenses that may arise in the future.

When filling out the health insurance application, you must provide the relevant details honestly, especially about the pre-existing diseases. Providing accurate and truthful information in this regard is of paramount importance. The success of an insurance claim later will depend on how honest you were when filling out this section.

Many people tend to lie about their health because they fear that their insurance application may be rejected or the premiums may be too high. But, such practice is unwise, and it could lead to claim rejection when you need your health insurance the most.

Let us take a closer look at pre-existing conditions and why you must disclose them when buying health insurance.

What are Pre-Existing Conditions?

Any illness or disease that you’re already suffering from when you buy health insurance is termed a pre-existing disease. It can be any disease like diabetes, high blood pressure, heart ailments etc.

How Do Pre-existing Diseases Affect Your Health Insurance Policy?

Most health insurance providers cover pre-existing diseases as well, but only after a specified waiting period. A waiting period can vary between one year to four years, during which claim for any health issues related to pre-existing diseases won’t be approved.

For example, suppose your health insurance covers medical costs related to diabetes after a waiting period of 2 years. In that case, it will not pay for your diabetes-related expenses for two years from the start of the policy. Once your waiting period is over, you can file a claim and the insurance provider may approve the same after verifying without any hassles.

Why Should You Disclose Pre-Existing Diseases?

When you fill a health insurance application form, you provide information to the insurance provider and sign it at the end, saying that all the information that you provided is accurate to the best of your knowledge. The health insurance provider assesses your file and charts out a health insurance plan. Your health coverage, premium, and all the terms of your health plan are based on your furnished information. If the insurer finds that you had omitted or lied about pre-existing conditions in your form during the claim process, your policy may effectively be null and void. Your entire policy was based on the information you provided, and if that information is false, the insurer has every right to reject your claim.

Hence, you must always disclose your pre-existing conditions when buying a policy. Yes, you’ll face the waiting period, and yes, your premiums may be slightly higher, but in the long run, after the waiting period, you can at least claim your health plan when the need arises and get it approved.

Final Word

Thus, hiding or omitting details about your pre-existing conditions is not an option when buying health insurance. You may feel it can help you reduce your premium, but you may face a major hurdle in the long run when you need the insurer to settle your hospital bills.

- A Consumer Education Initiative series by Kotak Life

Amit Raje
Written By :
Amit Raje

Amit Raje is an experienced marketer who has worked in various Fintechs and leading Financial companies in India. With focused experience in Digital, Amit has pioneered multiple digital commerce in India. Now, close to two decades later, he is the vice president and head of the D2C business department. He masters the skill of strategic management, also being certified in it from IIMA. He has challenged his challenges and contributed his efforts in this journey of digital transformation.

Amit Raje
Reviewed By :
Prasad Pimple

Prasad Pimple has a decade-long experience in the Life insurance sector and as EVP, Kotak Life heads Digital Business. He is responsible for developing user friendly product journeys, creating consumer awareness and helping consumers in identifying need for life insurance solutions. He has 20+ years of experience in creating and building business verticals across Insurance, Telecom and Banking sectors

Kotak e-Term

Download Brochure
  • Life Cover till 85 years for Life & Life Secure Option
  • 3 Payout Options
  • Special Rates for Women
  • Option to exit the policy with premium refund at the age of 60*
  • Special Rates for Non-Tobacco Users
  • Free Medical Check Up every 5th year**

Ref. No. KLI/22-23/E-BB/2435