Online Term Insurance Denied by two companies – Where Do I stand now ?

POSTED BY junear ON July 12, 2014 8:21 am COMMENTS (3)

Hi,

I am 30 years old, relatively healthy male person. I had one incident of Arthritis one year back.

I had applied for Online Term Life Insurance with Max Life and Aegone Religare. Unfortunately, both of the insurers have rejected my insurance based on medical history.

My question is – Where do I stand now? If I apply for an insurance in a different company, most likely it is getting rejected because of the past rejections. Does that mean I cannot have Life Insurance? Can IRDA or any organization help me on this regard?

 

3 replies on this article “Online Term Insurance Denied by two companies – Where Do I stand now ?”

  1. VinManHBK007 says:
    July 20, 2014 at 4:57 pm

    HDFC Click2protect is good and now LIC has online term plans available. Please try them out.

    Reply
  2. junear says:
    July 15, 2014 at 5:20 pm

    Thanks… I will try LIC and HDFC out. LIC is from government, so they should be more responsible insurers!

    Reply
  3. Nikhil Verma says:
    July 14, 2014 at 3:37 pm

    Hi,

    Every company has different mechanism for risk calculation. I would suggest to try with 1 or 2 more companies and mention all the details along with rejections and hopefully you will be lucky. Try LIC also.

    Regards,
    Nikhil

    Reply

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