NRIs now do not need to visit India to provide necessary medical evidence and reports and can complete the term plan application process online. Therefore they enjoy the same benefits as those living in India at the same price.
Telemedical Questions for Term Insurance
After the outbreak of the COVID-19 pandemic, the way the world used to work previously has undergone a massive transition. People are now more accustomed to trends like working from home, remote health checkups, online shopping, etc.
Keeping pace with other sectors, all the insurance providers have also decided to extend telemedical facilities to their potential customers. Apart from helping to avoid the rush in a local branch, this measure eradicates hassles related to elaborate paperwork. Keep reading to learn the most common telemedical questions for term insurance in India.
What Questions You May Face in a Term Insurance Telemedical interview?
The questions asked in the term insurance virtual screening process remain almost identical for every insurance-providing firm. Any insurer expects that the concerned individual will answer the following questions to the best of their knowledge.
List of common questions asked by Indian term plan providers in a telemedical interview:
- Briefly tell us about your medical history/ Do you receive treatment for an underlying disorder?
- How many times have you been hospitalised, and what were the reasons?
- Do you intake medicines under professional guidance? If yes, then what purpose do they serve?
- How well do you feel health-wise currently?
- What are the medical tests you went through before?
- Who are the doctors presently taking care of your health condition? (if applicable)
- Do you have regular smoking or drinking habits?
- Are you involved in any sports or other physical activities?
- Have you ever visited a doctor for a diagnosis of conditions related to mental health? If yes, whether the doctor reported positive signs related to depression or anxiety must also be duly mentioned.
Insurance companies expect detailed descriptions in reply to telemedical questions for term insurance. Therefore, revealing everything related to your physical and mental health will be best for both parties.
Why Do Insurance Providers Perform Telemedical Interviews for Term Insurance?
These Interviews Are More ReliableVerified doctors working for the insurers ask the right questions to assess whether a policy seeker is trying to avoid any particular health issue.
The Policy Seeker Gains TrustTelemedical interview as a facility brings more openness for individuals who are reasonably more comfortable sharing their health-related details with professional doctors.
It Saves Money
Most importantly, this remote service saves long-term costs for the insurer by facilitating better risk assessment and reducing the turnaround time.
Therefore, telemedical sessions have benefitted both the insurer and the customers, who have eventually positively rated such services.
Why Is It Important Acting Honest in a Telemedical Interview and How It Helps?
Insurance firms hire proficient personnel who are well-equipped to dig into someone’s medical history and lifestyle events to recheck the validity of collected statements. Hence intentionally hiding a critical piece of information to reduce premiums can hurt a person badly during the claim settlement process.
Being honest while conveying personal facts can benefit you in the following ways:
- The insurance company can proceed towards arranging the best possible life coverage and riders specially customised for you. Also, you can grab best-in-market quotes to accomplish all your needs, as there is tremendous competition in the insurance sector.
- Honest proclamations result in a more accurate estimation of premiums. Hence chances of confusion are averted when the insurer declares the final quotes.
- Finally, an honest declaration ensures a smooth claim settlement process, i.e., in case the life insured passes away within the policy term, their family can quickly get financial aid from the insurer without any questions asked.
We have prepared this guide to discuss frequent telemedical questions for term insurance. Insurance advisors always suggest turning up for these calls as, in most cases, the people suspect their chances of getting low premiums are compromised with such detailed scrutiny. But the reality is the opposite, so prepare for the questions with honest answers and note them down to ensure you cover all the minute facts.
FAQs about Telemedical Questions for Term Insurance
The insurer's aim behind a telemedical test is to form a rough idea regarding their customer’s health status while purchasing a term plan. Hence, a few basic medical tests need to be conducted, including CBC test, urine test, HIV I & II tests, fasting plasma glucose test and evaluating the applicant’s weight and height.
Typically your blood glucose level must be lower than 135. In many cases, the insurer may even provide you with coverage despite having higher levels of blood sugar. But under those circumstances, you will be required to pay more premiums.
It is a commonly used abbreviation which you may come across while reading the terms and conditions of a term insurance policy. The full form reads as Full Medical Examination.
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- This is an informative article provided on 'as is' basis for awareness purpose only and not intended as a professional advice. The content of the article is derived from various open sources across the Internet. Digit Life Insurance is not promoting or recommending any aspect in the article or its correctness. Please verify the information and your requirement before taking any decisions.
- All the figures reflected in the article are for illustrative purposes. The premium for Coverage that one buys depends on various factors including customer requirements, eligibility, age, demography, insurance provider, product, coverage amount, term and other factors
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