What is the potential consequence of not disclosing pre-existing conditions when applying for health insurance?

Lower premiums Guaranteed claim approval Claim rejection Faster claim processing

What is a common misconception people have about outsmarting insurance companies?

Insurers are easily tricked Insurers don't verify medical history Undisclosed conditions will remain undetected Claims are rarely scrutinized

What is a 'loading charge' in health insurance?

Penalty for late premium payment Additional fee for pre-existing conditions Discount for healthy lifestyle Bonus for long-term policyholders

What is the recommended approach when declaring medical history for health insurance?

Disclose only major conditions Downplay the severity of conditions Be completely transparent Omit information deemed insignificant

According to the regulator, what time frame defines a 'pre-existing disease' in health insurance?

12 months before policy issuance 24 months before policy issuance 36 months before policy issuance 48 months before policy issuance