We ALL need a solution to our financial planning, but there’s no point buying a risk management solution like insurance, if your claim is going to be rejected. Insurance company will pay benefits payable but do not make a mistake of non disclosure of a material fact.
The following may sound familiar;
1. Death claims – not paid because hypertension (or any other diagnosis) was not disclosed.
2. Total & Permanent disability – not paid because the known fact of having diabetes on medical records was not disclosed.
3. Major illness claim like Cancer – not paid ...
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