All About Medical Insurance For Parents With Pre-existing Diseases

Most people agree that getting a health insurance policy at age sixty can be very hard and takes a lot of time, especially if you have a long medical history and need a lot of medical tests. All accepted cases can be also subject to the insurance company’s terms, limits, and exclusions.

Understanding policies & the procedures involved in purchasing them would be simple for parents if we addressed the most important and common questions in hand, some typical inquiries about parental health insurance policy include:

  1. What do you mean by pre-existing disease?
  2. How do parents who already have health issues purchase a health insurance policy?
  3. What conditions must be met for a policy proposal to be approved?
  4. What would have happened if you had included something in your proposal form?
  5. What can be the best insurance plans you can buy for your parents?
  6. What if you get turned down?

What constitutes a pre-existing condition in the eyes of insurance companies?

  1. Present illnesses, ailments, and signs/symptoms experienced by the applicant(s).
  2. Previous operations or hospitalisations

This does not imply that having mild infectious diseases such as typhoid, jaundice, or malaria may preclude you from obtaining a health insurance policy.

Most of the time, these conditions can be treated without hospitalisation*. Therefore, insurance companies wouldn’t have any additional justification to refuse your coverage on this basis. Contrary to widespread assumption, insurance firms may not be all that impulsive either, as you can see!

What if you or your parents don’t know that a condition already exists?

There can be several requirements when it comes to purchasing a health insurance policy. Be as open and honest on the application form about your medical ailments and histories. Note that you should attempt to include any known ailments and conditions when purchasing a health insurance policy for your parents.

How can I purchase health insurance for parents with Parkinson’s disease?

Assume you have decided which health insurance for senior citizens suits your case. Next, what?

  1. Involves completing the application, paying the appropriate premium, and requesting insurance.*
  2. The insurer may take any or all the following actions, depending on the insured’s age, health statements made, and chosen sum:
  • Additional info: The insurer may need to know more if you have made any health declarations. Therefore, it’s likely that you’ll get another form to specify your PeD explicitly and without ambiguity.
  • Tele-Underwriting: A member of the insurance company’s medical advisory board may call and attempt to grasp the declaration fully. They would translate it for the insurer in their official role.
  • Medical Examination: Despite this, if the insurer seems dissatisfied, they could ask you to undergo an examination to determine the condition of the ailment in brief. This can help you find suitable requirements to avail the benefits of health insurance.
  1.  The business may choose the following options based on the assessments’ results.
  • Accept the case as and receive the issued policy.
  • Alternatively, accept the case with a higher premium. It may then be issued if you agree to it.

Get organised before the doctor’s appointment.

Now that you have successfully persuaded your parents to let go of their fear, before the testing, check off these items to ensure that nothing unusual interferes with the PeD patient’s ability to purchase health insurance policy.

  • Make sure they take their prescribed medication regularly.
  • Please make every effort to prevent them from being ill on the day of the exams.
  • Ensure they arrive at least a reasonable amount early to prevent any last-minute stress!

* Standard T&C Apply

‘Insurance is the subject matter of solicitation. For more details on benefits, exclusions, limitations, terms, and conditions, please read the sales brochure/policy wording carefully before concluding a sale.‘

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