My husband is suffering from hypertension. I would like to get a health insurance policy for him. Is it mandatory to inform the insurers about his condition?
Anita Sharma, Hissar
Yes, it would be in both, the insurer as well as the proposer’s interest to disclose all the facts pertaining to the proposed life’s health. The concept of insurance is based on the principle of ‘utmost good faith’. Since the proposer is the person who knows best about their health condition, it becomes the moral responsibility of the proposer to inform the insurer about all the facts pertaining to their health. This would enable the insurer to have a fair view of the case, enabling them to decide whether to underwrite the risk or not. It should always be borne in mind that, presenting a positive case, when it is actually not, would not do any good. Consider the situation of a claim in the policy. If it is proved that the illness was caused due to hypertension that was pre-existing and the insured was well aware of the fact, then it would adversely affect your claim.
