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I met 3 clients with non disclosure cases recently. They have certain medical conditions but choose not to disclose during the application of a life or medical insurance. Let me share what happened for the 3 of them.
1) Mr Yeo previously suffered spinal disorder during his National Service about 5 years ago and had a day surgery to correct the spine. He was subsequently downgraded to Pes C9L9 after medical review with the specialist. He did not visit the specialist after National Service and do not have any medical report with him. The insurance agent from “P”, while signing up for his ILP and medical Plan, told him that it is not necessary to disclose it since he is not seeking treatment now. All his policies went through without a glitch.
2) Mdm Ong went for medical checkup specially for woman in 2006. The specialist found that she has fibroids at her womb. She signed up a Life policy with ”A” in 2007 and chose to answer “No” in her proposal form when asked if she has cyst, fibroids, growth, etc. Her reason was that her doctor told her that Fibroid is very common, normally non cancerous and no action is required for her case. Her policy also went through without a glitch.
3) Ms Mary had cysts and growth that was non cancerous but had distorted her Fallopian Tube. The doctor advised her to remove the left Fallopian tube. She took up an ILP from ”H” and did not declare this condition. She had informed her adviser about it but the advisers told her that it is not necessary to inform the insurer because the operation was done in Philippines and it is not causing an issue for her. Her ILP of course went through without a glitch again. Read more...[caption id="attachment_3285" align="alignright" width="150" caption="Photo by Pixel Addict"][/caption]
I met 3 clients with non disclosure cases recently. They have certain medical conditions but choose not to disclose during the application of a life or medical insurance. Let me share what happened for the 3 of them.
1) Mr Yeo previously suffered spinal disorder during his National Service about 5 years ago and had a day surgery to correct the spine. He was subsequently downgraded to Pes C9L9 after medical review with the specialist. He did not visit the specialist after National Service and do not have any medical report with him. The insurance agent from “P”, while signing up for his ILP and medical Plan, told him that it is not necessary to disclose it since he is not seeking treatment now. All his policies went through without a glitch.
2) Mdm Ong went for medical checkup specially for woman in 2006. The specialist found that she has fibroids at her womb. She signed up a Life policy with ”A” in 2007 and chose to answer “No” in her proposal form when asked if she has cyst, fibroids, growth, etc. Her reason was that her doctor told her that Fibroid is very common, normally non cancerous and no action is required for her case. Her policy also went through without a glitch.
3) Ms Mary had cysts and growth that was non cancerous but had distorted her Fallopian Tube. The doctor advised her to remove the left Fallopian tube. She took up an ILP from ”H” and did not declare this condition. She had informed her adviser about it but the advisers told her that it is not necessary to inform the insurer because the operation was done in Philippines and it is not causing an issue for her. Her ILP of course went through without a glitch again. Read more...
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I met 3 clients with non disclosure cases recently. They have certain medical conditions but choose not to disclose during the application of a life or medical insurance. Let me share what happened for the 3 of them.
1) Mr Yeo previously suffered spinal disorder during his National Service about 5 years ago and had a day surgery to correct the spine. He was subsequently downgraded to Pes C9L9 after medical review with the specialist. He did not visit the specialist after National Service and do not have any medical report with him. The insurance agent from “P”, while signing up for his ILP and medical Plan, told him that it is not necessary to disclose it since he is not seeking treatment now. All his policies went through without a glitch.
2) Mdm Ong went for medical checkup specially for woman in 2006. The specialist found that she has fibroids at her womb. She signed up a Life policy with ”A” in 2007 and chose to answer “No” in her proposal form when asked if she has cyst, fibroids, growth, etc. Her reason was that her doctor told her that Fibroid is very common, normally non cancerous and no action is required for her case. Her policy also went through without a glitch.
3) Ms Mary had cysts and growth that was non cancerous but had distorted her Fallopian Tube. The doctor advised her to remove the left Fallopian tube. She took up an ILP from ”H” and did not declare this condition. She had informed her adviser about it but the advisers told her that it is not necessary to inform the insurer because the operation was done in Philippines and it is not causing an issue for her. Her ILP of course went through without a glitch again. Read more...
