If you want to buy an insurance policy, take full care while filling the form. Many times it happens that in the haste when filling the form, we fill in wrong information, which makes the form unusable.
However, it does not matter if you make a mistake that you have deliberately misinformed the information or it has happened to you inadvertently. Therefore, companies refuse the claim by citing incorrect information or incomplete information. In this news we are telling four reasons why your insurance claim is dismissed.
1. Hiding the Medical History, Lifestyle and Ffamily Information
Whenever you fill in the information asked on the form, give full information about your lifestyle, medical history and family history. Whatever questions related to your health and lifestyle, especially about smoking and alcohol, tell them exactly. Even if you occasionally drink cigarettes, you should give information about the smoker in the form. You can not hide it. Hiding information for a premium to be paid less can cause your form to be rejected.
2. If You are Already Suffering From any Disease
Be fully aware of the current situation for insurance cover. If you do not do this, your claim may be rejected. If you are already suffering from any illness, you can go to the insurance rejection list if you do not tell about it.
3. Delay Filing Claim
Due to claiming more time than the earlier date of claim, unnecessary suspicion may increase. In such cases, the insurer can be called for a long time to investigate. In this situation, the probability of the dismissal is increased.
4. Policy Laps
For your claim to not be dismissed, continue paying premiums periodically under the policy. If your policy has expired due to premium payment, then your insurer may refuse your claim. If the claim is made even after one day of the expiry of the policy, then the insurance company can reject the claim.