Apr 02, 2013 12:10 PM
6183 Views
(Updated Apr 04, 2013 04:18 PM)
I like every thing about this product. its cheap, its simple to buy, customer care is prompt. however I have doubt on their claim settlement ratio. As mentioned on their website that the claim has been rejected since the policy holder was suffering from Asthma, BP etc at the time of policy issue.
My question is since there a medical test done by company and if anything is found wrong, premium is adjusted accordingly. Why are claims rejected stating these reasons afterwards?
Also how is it guaranteed that my my claim will be honored. I have provided correct details as per my knowledge (not diabetic, no BP). If the policy is issue to me should I consider that all my medical reports were fine?