Model Definition Of Exclusions In Critical Illness Insurance

The Association of British Insurers has also published model definitions for exclusions in critical illness coverage. Some common exclusions found in many serious diseases are the following policies: Aviation, criminal acts, drugs, HIV / AIDS, failure to follow the doctor's advice, hazardous sports and pastimes of the injury, living in abroad and war and civil commotion. Let's look at the definitions of the above exclusions in critical illness cover. Taking part in any aviation flight activity, except as a passenger in a licensed commercial aircraft. Crimes committed by participating in a criminal act. Drug or alcohol abuse solvent abuse, or drug use, except under the direction of a physician. The breach of a reasonable decision to seek medical advice or medical care. Participation in dangerous sports and hobbies (or practical) boxing, caving, climbing, horse riding, jet ski races, martial arts, mountaineering, off piste skiing, caving, racing of motor boats in the water diving , regattas or any race, trial or motor sport schedule. HIV / AIDS with the human immunodeficiency virus (HIV) or conditions due to acquired immunodeficiency syndrome (AIDS). Living abroad living outside the European Union for more than 13 consecutive weeks every 12 months. Yes intentional self-inflicted injury inflicted injuries. war civil war and commotion, invasion, hostilities (whether war declared or not), civil war, rebellion, revolution or taking part in a riot or civil commotion. When you are about to have a serious illness cover, check out these exclusions in their policy documents. Anything you miss to read the policy of serious disease may affect the payment of a lump sum payment. If you suffer from HIV / AIDS, for example, may not be able to get a critical illness coverage. Some insurance companies may accept as the holder of a political critique of the disease, but may be more likely to pay higher premiums. Less insurance companies might agree to cover people who have been party to any of these exclusions. While exclusion may prevent you from paying, non-disclosure of certain factors to your current health or history, can too. On the critical news update Disease May 2007, a total of approximately 1566 applications for serious diseases could be reviewed. Of these, 80 percent of claims, which is about1257 critical illness claims may be paid. More specifically, about 309 applications, therefore unpaid. Of these, nearly 9 percent could not be rejected due to meet the definitions of politics, while about 11 percent could be reduced due to non-disclosure. The disclosure does not mean not to reveal information on certain health issues. Before taking a critical illness coverage, your insurer will ask. These questions may be related to the above exclusions, or even members of his family had suffered from a common disease. If your answer does not meet the required critical company health insurance, could be made to undergo medical tests. And "only after looking closely at the results that will decide to give your insurance coverage or not. Many insurance companies perform this procedure because it has inherited the disease can affect all critical members of a family. Every person who has a critical illness coverage can consider the payment is made without problems to date. It could be devastating to know that the demand for critical illness has been dismissed after many years of contributions. The worst is that many insurance companies can not pay their hard-earned money. As a precautionary measure to avoid such dilemmas in the future for farming, the bottom line remains that you should read from beginning to end everything is in its policy of serious diseases.