What are the points to be avoided while buying health insurance

They say Learn from others mistakes. And so same applies while purchasing a new insurance policy and even while hiring and Agent/Broker. Here is and some important points to be kept in mind while taking a new insurance policy.

  • Hiding information from your Insurance Company

Ex. Not giving your correct medical history. Numerous claims are rejected on the basis of the insured not being honest with the Company.

  • Thinking that a TPA Card is like a Credit Card

The Identity cards issued by the TPA do not function like a credit card; you can only get the Cash less Service in a network hospital after the TPA approves the claim.

Make sure you avoid these mistakes and rest whole process is simple and problem free.

Checking whether the agent is licensed by IRDA will save you from being duped.

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What are the important points to be avoided while buying health insuranc


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