The Biggest Lies in Context to Health Insurance

A health insurance policy is very much important in the current scenario where people are following an unhealthy and improper lifestyle. And with the advancement in technology, now we have options to choose from the offline and online modes of buying a health insurance policy. But contacting an agent for a health insurance policy is one of the most traditional ways of buying a policy and it is still prevalent. Most people trust their insurance agents the agents focus on their commission instead of helping the buyer to make an informed decision. “Biggest lies of health insurance” the agents even lie to the policyholder to push the product which gives them the highest commission, which leads to bad surprises for the policyholder in the near future.

Biggest lies about Health Insurance

1. All Pre-existing Diseases are Covered

If the agents know that you are not aware of the terms and conditions of a health insurance policy and do not bother to go through each and every clause of the policy then they can mislead you easily. And one of the biggest lies in the context of the health insurance policy told by agents is a cover for all pre-existing diseases. It might sound very fascinating, but it’s not true. None of the health insurance policies give cover for all pre-existing diseases. There is a list of pre-existing diseases that are covered under the policy and is clearly mentioned in the policy brochure and cover for these diseases comes with a waiting period.

Usually, the insurance company is not ready to cover any pre-existing people and if it does, you have to submit your health report first. Apart from this, every pre-existing disease is not covered by the insurance company; the insurance company has a list of diseases that the insurance company is going to do.

Even in the age of the internet, if you are buying a policy with the help of an agent, then you can also become a victim of fraud somewhere because the agent can tell anything right or wrong to bet his policy, and not with the help of the internet. Not only can you buy the policy but you can also know about the policy completely. Every policy is completely written on the Internet, and for every big to small piece of information that may be important to you, all the information is available.

2. Best Plan offering the Lowest Premiums

The agent will only sell you the plan that offers him the highest commissions. However, the fact is there are various insurers in the market offering almost similar health insurance plans at varying premium amounts. Competition makes them offer attractive deals and lower premiums, but you have to check them on your own rather than just relying on your agent.

You may know, if you want to buy a policy, you should buy it at a young age, due to which you get the policy easily and the premium is also very less, but some agents will tell you that the policy with expensive premium If it is true then you should be careful and check yourself. The premium of any insurance depends on the sum insured and your age, and apart from this, if you are buying a policy then you should research it so that you do not become a victim of fraud.

In this digital world, things are very easy for you, if you want, then you do not need to do more research for research. Complete information is available on everything on the Internet, if you need to dig out that information and things will be easy for you.

3. Plan Covers all Medical Expenses

In the search for small premiums, they compromise on the coverage that you deserve. They would claim that your plan covers everything, but sometimes a health plan may not cover post-hospitalization expenses or some routine medical tests that may prove costly for you. Better to find out yourself than blindly believe the agent.

4. Policy Offer is for a Limited Period

This is the biggest lie of health insurance, To make you decide in a hurry so that you will not get enough time to think, the agent might say that there is a special offer in the policy which is available for a limited period of time and if you will not buy it soon, you will miss that special offer. But that’s not true. Benefits and offers of Health insurance policies are not like the discount on clothes, which will come and go. If there is a special benefit in a health insurance policy, then it will stay there, regardless of any time limit. So don’t rush for buying a health insurance policy on such misleading information.

5. Best Fit Policy as Per Your Need

Since the agent’s interest lies in selling you a policy, he would claim that the one he is offering you is the best one for your requirements. Regarding policy features, premiums and coverage nothing can beat this policy and he has brought it to you after lots of research. The fact is this policy will give him maximum returns! There is no confirmed policy for you. Rather, there are various insurance plans that one can customize as per the needs. It is up to you to find out about them and then select the one that best suits your requirements.

Dependence on insurance agents is not new. It happens because we are busy, not aware of the insurance industry, or plain lazy. However, it is high time that we take control over our insurance needs as any decision directly impacts us. The agent will not get affected in any manner if we happen to buy insufficient health coverage or the wrong policy for our family. The best thing you can do is do thorough research about insurance products online, compare various plans based on terms and conditions and premiums payable, and then make a decision regarding buying a plan that offers maximum health insurance benefits to you.

Trust yourself rather than an agent for the insurance needs that can bring a difference in your life!

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