Parent’s health information wrong in Policy document

POSTED BY Raj ON May 29, 2011 4:34 pm ONE COMMENT

Last year I took a term insurance from Kotak and now when I was reviewing policy document I found that I had incorrectly stated my father’s health details. He is actually suffering from diabetis and blood pressure. I don’t remember whether I forgot to mention this or agent incorrectly filled it up. Can I go back and get this detail corrected? I went through a medical check up before Kotak issued policy to me?

I’ve paid two premiums so far, am I’m 30 now. What are the options available to me to get this corrected / get a new policy with correct details.

One reply on this article “Parent’s health information wrong in Policy document”

  1. ashal jauhari says:

    Dear Raj, In my view, you should inform the company now & ask for the corrective action. Even if this means a hike in prem. due to reunderwriting of your risk. This step ‘ll save future hurdles for your family.



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