I am 30 years of age and work as an IT Officer in a PSU.I recently applied for term insurance in Kotak Preferred Term Plan for 20 years( as a cover for my home loan of same duration) , but my application was rejected basis my medical history I neither drink nor smoke. I am currently undergoing treatment for Ankylosing Spondylitis and mentioned the same in the application form. Can an insurance company reject application for such non life-threatening diseases ?