4 min read
Updated on Jan 02, 2023
Fate played a cruel joke when my close friend met with an accident and lost both his hands. Though his disability was a challenge for him initially, he was mentally strong. He learned to live with his disability without complaining. In fact, he even became an example to other disabled individuals who looked up to him for motivation. That was why it came as a surprise to me when he lamented about his condition one evening over coffee. He was worried about getting a health insurance plan with his condition. Was he right?
Have you ever heard of a health insurance policy specifically for the disabled? Alternatively, have you heard about any policy not covering the disabled?
While it is true that there are no separate health insurance plans for the disabled, it is also true that disabilities are not excluded from coverage. You can buy a health insurance plan even if you are disabled. However, there are some pointers which you should remember if you are seeking health insurance for the disabled. Here are such pointers:
As health insurance purchase has been simplified due to the online medium, many believe that they can get away with non-disclosure of material facts. It is not true. Whatever form of disability you have, partial or total, you have to disclose about your disability when buying a health insurance policy. If you don’t it is considered to be fraud on your part. Being a fraud, any claim made under the policy would be rejected. So, the first lesson is complete disclosure. Mention about your disability when applying for a health insurance policy.
Health insurance proposals made by disabled individuals are thoroughly scrutinized. Though coverage is not totally avoided, the underwriter decides on the acceptance or rejection of the proposal. This decision is taken after completely evaluating the extent of your disability, its history and medical details. The policy is accepted only after the underwriter’s scrutiny. There is no universal underwriting norm for scrutinizing proposals made by the disabled. Scrutiny is done on a case to case basis.
Based on the underwriter’s scrutiny, if the policy is issued, there might be restrictions on the scope of coverage extended under the plan. There might be restrictions imposed on covering certain medical complications common with your disability.
Is epilepsy covered under health insurance in India? Epilepsy patients can also be covered under a health insurance plan if there had been no incidence of an epileptic attack in the last 10 years. You should be under medication for epilepsy continuously. You would have to disclose your attack history and current medication for epilepsy when you are applying for a health insurance plan. Based on your information, the underwriter would assess your medical risk and pass judgment.
Wise men rightfully say that disability is a state of mind. Physical or medical disability can be tackled if you are motivated enough. Disability does not put a stop to your life and insurers recognize this fact. As such, insurers allow health insurance plans for the disabled. So, if you are a disabled or know someone who is, don’t worry. You can find a health insurance plan just like my friend did. All you need to do is ensure that you disclose everything right at the word go and then let the insurer decide. If they accept the risk and underwrite the policy accordingly, there is no way of any claim concerns at a later stage.
Also read: What are the Similar Key Features of Term Insurance and Health Insurance Plans in India?
Found this post informational? Browse PayBima Blogs to read interesting posts related to Health Insurance, Car Insurance, Bike Insurance, Term Life Insurance and Investment section. You can visit PayBima to Buy Insurance Online.
View this post on Instagram
PayBima is an Indian insurance aggregator on a mission to make insurance simple for people. PayBima is the Digital arm of the already established and trusted Mahindra Insurance Brokers Ltd., a reputed name in the insurance broking industry with 17 years of experience. PayBima promises you the easy-to-access online platform to buy insurance policies, and also extend their unrelented assistance with all your policy related queries and services.
Thyroid Stimulating Hormone, which is commonly known as TSH is a hormone that maintains the functions of the body’s nerve along with the overall energy.
The threat of yet another virus hits India. This time it is H3N2 Influenza Virus, which is a sub-type of influenza A virus that is.
There has been a huge price rise or inflation seen across sectors, especially the healthcare sector in India in recent times. Let us take a.
Ayushman Bharat Yojana is a health insurance policy offered by the government of India with the aim to present free access to health insurance for.
‘Health is wealth’ is not just a saying, it’s a fact, which people realize when they fall sick. Yes, good health is the most important.
LASIK eye surgery is a surgical process that rectifies any issues related to vision. The cost of the surgery varies depending on the city, the.
Some situations in our life are beyond our control, and one of them is falling sick. No matter how hard we try, we may end.
We all know the importance of health insurance for taking care of hospital bills and medical needs. Let us take a look at some of.
The key function performed by the kidney is to filter blood which flows through each of our body organs. Hence the safety of the body.
Some major changes were announced recently in the Mahatma Jyotirao Phule Jan Arogya Yojana, the Maharashtra health scheme launched in 2012. Let’s take a look.
Speak to our advisor
Corporate Office : Mahindra Insurance Brokers Ltd ( A Mahindra Group Company ) Sadhana House, Ground Floor, 570 P. B. Marg, Behind Mahindra Towers, Worli, Mumbai 400018.
Licenced by IRDAI License No. 261; License Validity : 17-05-2025; Category : Composite Broker; CIN : U65990MH1987PLCO42609 Member of Insurance Brokers Association of India (IBAI).
Insurance is the subject matter of solicitation.
For a seamless experience, use the latest version of Chrome/Firefox/Internet Explorer.
Copyright © 2023 Mahindra Insurance Brokers. All Right Reserved.