Can someone with high blood pressure get the Term Insurance for 1 crore ?

POSTED BY rdpune ON January 14, 2014 9:15 am ONE COMMENT

Hi,

I want to know what are the chances of getting term insurance for Rs. 1 CR  from LIC for a person having High Blood Pressure. Does LIC just increase the premium based on the critical and issues the policy? Are  there any chances that the claim would be rejected even if the illness was disclosed?

Thanks,

rdpune

One reply on this article “Can someone with high blood pressure get the Term Insurance for 1 crore ?”

  1. ashalanshu says:

    Dear Rdpune, if the illness is disclosed upfront and accordingly the prem. is loaded up it means the insurer has covered the risk on your life knowingly. So in case of death, the claim can not be rejected on this illness ground. Prem. ‘ll be loaded up or not is upto the underwriters of the insurance co. to decide. We can not comment on this.

    Thanks

    Ashal

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