Understanding Pre-Existing Medical Conditions
Generally, most insurance companies provide Travel Insurance as package plans that may include flight cancellation, trip delays, lost and delayed baggage and, above all, medical coverage in emergencies. There are innumerable Travel Insurance policies available in the market. Still, the buyer must know what events are covered by a particular policy and its limitations and exclusions. 'Pre-existing medical' condition is one of the most confusing terms when buying the policy, and Pankaj Bhatia is committed to clear up the ambiguity surrounding the term as far as possible. Pre-Existing Medical Conditions, in simple terms, can be defined as any medical condition (physical, mental or emotional) which has existed before buying or at the time of purchasing the Travel Insurance and for which professional medical care has been sought or NOT. Last manifestation, diagnosis, and treatment of the condition is not at all the criterion; if the policy owner/insured is aware of the situation, either chronic, acute or recurring, Insurance providers will be considered a pre-existing medical condition.
Buying an insurance policy with a pre-existing condition
There is a misunderstanding that people with pre-existing conditions are not eligible for travel or visitor insurance. The fact is that most of the time, you can get the Insurance. Though sometimes you may not be covered for your pre-existing medical condition, yet you will be covered for all other unforeseen medical events, so it is always worth buying an emergency medical insurance policy. Your peace of mind is what matters NOW.
Understanding Stable & Controlled
This term is often used in your insurance policy, and it will be advisable for you to understand the term and what impact it might have at the time of insurance claim. Generally, most insurance companies will cover pre-existing medical conditions if they are stable and controlled for 120 days before the date of departure. To understand the term better, please see the example:
Suppose a particular policy has a stability period of 120 days. During that period of 120 days, the insured has been treated or diagnosed for hypertension (High Blood Pressure), so hypertension will not be covered for the duration of the upcoming trip. In a nutshell, we can say that insurance companies want us to tell them the purpose of our visit to the doctor, if any, during 120 days before our departure date.
Pre-Existing Medical Condition and the cost of Insurance
As has been said earlier, people with pre-existing medical conditions can buy coverage. Still, there are chances that the policy will cost more than a policy with non-preexisting medical conditions.
The cost will depend on the severity of the condition, duration of the trip, the insured person's age, and the medical condition's nature.
What if I don't mention my pre-existing medical condition
It is not a wise thing to do; buying an insurance policy without disclosing the truth will amount to fraud. The policy will be invalid for the claim. It is defeating the whole purpose of purchasing the policy.
Be Pro-active, Ask Questions and Then Buy the Emergency Medical Insurance to your Full Satisfaction
Our topmost priority is our clients at Pankaj Bhatia, which is good for them, their peace of mind, and their absolute satisfaction.
Our advisors are well-versed in their respective fields and always there to assist you in mitigating any doubt if you have any regarding your medical insurance policy. The right insurance plan, tailored to your own needs, will fulfill your topmost priority PEACE OF MIND.Pankaj Bhatia
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