Telemedical Questions for Term Insurance

source: moneycontrol

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.

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.

These Interviews Are More Reliable

The Policy Seeker Gains Trust

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.

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.