Is your health insurance claim rejected? Check out these 5 reasons!
Is your health insurance claim rejected? Check out these 5 reasons!
Many people take "health insurance" to avoid unexpected medical expenses. people who take such health insurance may not be able to help in times of need. There are many reasons for this and by knowing what they are and correcting them early you can benefit from early processing of your health insurance claim. In this article, we will look at the reasons why health insurance claims are rejected. Many people take out health insurance to cover medical expenses in case of emergencies. But if they are not available at the right time, it will be of no use. So you need to know why your health insurance claim gets rejected.
Is your health insurance claim rejected? Check out these 5 reasons!
Incorrect Information: Incorrectly stating age, income, existing medical insurance, occupation details, etc. may result in the rejection of your claim.
Expiry Date: Every policy has a specific expiry date. Insurance companies generally offer a one-year grace period. If your policy lapses, it becomes useless. So it is important to renew it before the expiry date. Every insurance policy has a specific time limit for claim intimation. Failure to meet this deadline may result in the insurer's claim being denied.
Incomplete Request: You must fill in all your information accurately. Your claim may be rejected if any information is omitted or falsely filled in the forms.
Concealment of diseases while taking policy: You should clearly mention your pre-existing diseases while buying the policy. Claims of policy buyers concealing pre-existing illnesses may also be rejected.
All of the above are common reasons for rejection of an insurance claim. So knowing all the information while getting the policy and then buying the policy at the right time will benefit you.
Many people take "health insurance" to avoid unexpected medical expenses. people who take such health insurance may not be able to help in times of need. There are many reasons for this and by knowing what they are and correcting them early you can benefit from early processing of your health insurance claim. In this article, we will look at the reasons why health insurance claims are rejected. Many people take out health insurance to cover medical expenses in case of emergencies. But if they are not available at the right time, it will be of no use. So you need to know why your health insurance claim gets rejected.
Is your health insurance claim rejected? Check out these 5 reasons!
Incorrect Information: Incorrectly stating age, income, existing medical insurance, occupation details, etc. may result in the rejection of your claim.
Expiry Date: Every policy has a specific expiry date. Insurance companies generally offer a one-year grace period. If your policy lapses, it becomes useless. So it is important to renew it before the expiry date. Every insurance policy has a specific time limit for claim intimation. Failure to meet this deadline may result in the insurer's claim being denied.
Incomplete Request: You must fill in all your information accurately. Your claim may be rejected if any information is omitted or falsely filled in the forms.
Concealment of diseases while taking policy: You should clearly mention your pre-existing diseases while buying the policy. Claims of policy buyers concealing pre-existing illnesses may also be rejected.
All of the above are common reasons for rejection of an insurance claim. So knowing all the information while getting the policy and then buying the policy at the right time will benefit you.