Health insurance is essential for covering unexpected medical expenses, but sometimes claims get rejected. This can lead to a significant financial burden on the policyholder.
There are several common reasons for this. One reason is providing incorrect information such as age, income, existing medical insurance, and occupation details.
Another reason is failure to disclose pre-existing diseases, family medical history, smoking, or alcoholism.
It is also important to know your policy’s coverage and renew it before the expiry date. Review your policy and update your information if necessary.
Additionally, insurance companies have specific time limits for reporting claims and failing to meet this deadline will result in claim rejection.
Lastly, ensure all information on the forms is filled out accurately and completely. This diligence can significantly reduce the chances of claim rejection. Avoiding fraudulent practices while claiming insurance is crucial to avoiding punishment.