Health Insurance Health insurance Mistakes to avoid

Nite

Valued Contributor
Most people purchase health insurance while making hasty decisions, which can lead to insufficient coverage or even rejection.

?????? ???? ??????? ??????? The terms and conditions of a health insurance policy are based on the element of trust. Some people hide their medical history and lifestyle habits, which shouldn't be concealed, as they can act against you at the time of claim settlement.

? ???? ??? ?????? ??? For some people, health insurance is like a tax saving measure. With a single focus on just saving tax, one may buy an unsuitable policy or one that has insufficient coverage.

??? ???????? ??? ?????? ????????? ???????? At the time of renewing an insurance policy, make an effort to find out about what benefits other insurance providers are offering as well. If you're getting a better offer, never be hesitant to change your health insurance provider.
 

Mandy96

Valued Contributor
Getting a health insurance to me, it simply means you know you might possibly not be able to provide the amount of money needed if the situation should arise. So if you are purchasing it I think it will be wise to showcase your total medical history and there is, that should be known
 

Wisdom01

Valued Contributor
It's even difficult to hide your medical history , because they have professionals to check your health rating to prevent any fraudulent activity that might actually want to occur , because they have special insurance option for sickle cell patient and so on. They are truly interested in covering risks that are worth it
 

Phabbyfundz

Active member
A lot of individuals make mistakes when it comes to health insurance policies this is usually due to the fact that they have fully taken cognizance of the true benefits of health insurance, what it really entails and what this health insurance policy stands to do for the insured or policy holder.
 

btaliat

VIP Contributor
It is true that most people make mistake when it comes to going for insurance policy. The reason may be because they want the price of the health insurance to be lesser, so they will now hide some of the ailments that they have in order to have the low premium.
 

Nite

Valued Contributor
Hiding critical information from your insurance provider is surely not a wise thing to do. Just when insurance companies know of their policyholder not providing the crucial information they need, they simply reject the claims of their claimants. And since the onset of pandemic, insurers have become even more vigilant and strict.
 

Wisdom01

Valued Contributor
Hiding critical information from your insurance provider is surely not a wise thing to do. Just when insurance companies know of their policyholder not providing the crucial information they need, they simply reject the claims of their claimants. And since the onset of pandemic, insurers have become even more vigilant and strict.
That is why most times before insuring your health , the insurance company would actually request for every important documents , because they need to be sure of your health rating and if the person should hide any important health challenge and the insurance company later find out after the agreement and deal have been done , the person might be sued
 

Chibson

VIP Contributor
Whenyou want to purchase a health insurance premium it is very important for you not to hide your medical history because that will have an impact on the contract. Stating clearly your medical history is very important and you also need to consider your level of income. When you are not being satisfied with your current insuree, it is important you change.
 

Wisdom01

Valued Contributor
Whenyou want to purchase a health insurance premium it is very important for you not to hide your medical history because that will have an impact on the contract. Stating clearly your medical history is very important and you also need to consider your level of income. When you are not being satisfied with your current insuree, it is important you change.
Yeah the person needs to be sure that the income he have would be able to cover up the premium he would be paying to the insurance company , so he or she won't end up in debt trying to cover risks that he or she didn't have the capability for , and for health insurance the medical history is very important and they would surely adh for that before anything
 

btaliat

VIP Contributor
Getting a health insurance to me, it simply means you know you might possibly not be able to provide the amount of money needed if the situation should arise. So if you are purchasing it I think it will be wise to showcase your total medical history and there is, that should be known
I may be of a little bit different from your opinion. At times, when taking health insurance policy, the purchaser must be first of be very much aware of all what it entails and to source for the premium. That's the reason why health insurance is almost bought mostly by the rich people thay can afford policy
 

Richee84

Active member
Insurance agreement should be on total trust from both party's. While entering into an insurance agreement, all relevant information should be on the table for everyone to see. There should be no room of information hiding as it will not give a good result. Providing or hiding wrong information could lead to the termination of such agreement and the person will not be pay.
 

Nite

Valued Contributor
You're right, insurance agreement is a matter of trust, it wouldn't have been made without it. Hiding vital facts may get low premium or simply could lead to a claim rejection. People shouldn't expect insurance companies to be lenient. Number of claims have been ended up in trash because of all these kind of mistakes made by people.
 

Abigael

Valued Contributor
Those are mistakes that people should really avoid in health insurance policies. It is very important that you don't hide your medical history indeed. If anything happens, you will be questioned for concealing it. Then I also like the idea of checking other insurance policies. Maybe there is one that offers you better insurance.
 
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