undisclosed conditions

[samuel77]

If a condition is undisclosed in a disability insurance application because it is mild and managed and will never be a need for a disability insurance claim, is the omission a cause for cancellation or any other consequence?

[medicalmarvel]

well, since that condition was undisclosed, it depends totally on the insurer to decide what to do. but if you can put valid reason then it may draw some chances.

[ISI_Student_Insurance]

will never be a need for a disability insurance claim

If that is the case why not disclose it? If you do not put all your information on an insurance application and disclose everything it could be grounds to deny a claim or cancel your policy

[swimguy23]

If that is the case why not disclose it? If you do not put all your information on an insurance application and disclose everything it could be grounds to deny a claim or cancel your policy

really? It was explained to me that if a condition is never expected to cost your insurance policy any money then you have no legal obligation to disclose it or if it is a condition that could have been something but determined benign or a normal variation

Interesting that you are going against the legal counsel that I had heard this from

[ISI_Student_Insurance]

Swimguy - thanks for your post.

I am actually looking from the viewpoint of an insurance company. The more information you can provide the less hassle it will cause you. For example, if an insurance application asks "have you ever been to the doctor in the last 6 months" and you put no, when you did actually go to the doctor to have something checked out but was found to be nothing - then this could be grounds for cancelling a policy as you lied on your application and provided mis-information.

I am not a lawyer - so the legal standpoint may be different - but from my experience you should be 100% honest. If a condition is nothing or will not affect the insurance still put it down - thats my best advice! :)

Hope this helps

[swimguy23]

Swimguy - thanks for your post.

I am actually looking from the viewpoint of an insurance company. The more information you can provide the less hassle it will cause you. For example, if an insurance application asks "have you ever been to the doctor in the last 6 months" and you put no, when you did actually go to the doctor to have something checked out but was found to be nothing - then this could be grounds for cancelling a policy as you lied on your application and provided mis-information.

I am not a lawyer - so the legal standpoint may be different - but from my experience you should be 100% honest. If a condition is nothing or will not affect the insurance still put it down - thats my best advice! :)

Hope this helps

I can understand that but when it comes to the "do you have any pre-existing medical conditions blah blah"

say you had migraines and had an MRI or something and then had a follow-up MRI, I was told you did not have to disclose the outcome if it was benign and not likely to cause your insurance company money

It's not so much about purposefully misleading your insurance company as it is providing only necessary information. When you sign up for insurance you should not have to provide everything from a 20 year medical history (if you're 20 years old) to a stool sample

[ISI_Student_Insurance]

Swimguy - your comments are all valid and I fully understand where you are coming from.

Most insurance applications will only ask for your history in the last 5 or 10 years - and you should try and give as complete a history as possible. Lets say for example you had a series of migraines 3 years ago and had it checked out and nothing was there. You then do not put this on your application and 6 months down the line you have migraines again, you file a claim for the doctors visit and 2 MRI's and your insurance company looks into it and sees you had this 3 and a half years ago and did not put it down on your application. Your claim would probably be denied as you did not fully disclose your history.

See what you think is necessary and what an insurance company sees as necessary on an application are two different things. That is why I suggest that you should be honest and put down everything. As I said, most insurance applications will only want your last 5 or 10 years history anyway.

[kid007]

i dont think that the insurance is bound to get lapsed...