Hi i have 2 medical insurance policies. I made claim under one policy this year.Both policies are due for renewal now but insurers are different.My doubt is while renewing i should disclose that i had hospitalisation to the other insurer as i am looking to enhance sum assured with the other insurer
Ans: Yes, you should disclose the hospitalization to the other insurer when renewing and enhancing your sum assured. Full disclosure ensures transparency and avoids issues with future claims.
Best Regards,
K. Ramalingam, MBA, CFP
Chief Financial Planner,
www.holisticinvestment.in