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Why Medical Test is Important while buying term insurance?

Nov 27, 2019 | 3 months ago | Read Time: 3 minutes | By iKnowledge Team
Why Medical Test is Important while buying term insurance?


Buying term insurance involves going through a lot of jargon and an entire checklist of requirements. One such requirement often made by the prospective insurer is often that of a medical test. It is a routine check-up, so you have nothing to worry about. The insurer just wants as accurate a picture of your health to understand how likely you are to fall sick or develop a critical illness or other eventualities. This, in turn, also helps evaluate the likelihood of having to draw into the term insurance policy. 

When you buy term insurance, you may be tempted by a policy that does not make it mandatory to have these medical test reports. The paperwork can be intimidating, and you might feel like it doesn’t make much difference. Let us look at the ramifications. 

Importance of Medical Test While Buying Term Insurance Plan

Amidst the various formalities to buy term insurance, it may seem like a relief to skip the medical tests. But it will not be so much relief in the long run.

Higher Likelihood of Claim Rejection

Just because you were exempt from taking a medical test for term insurance doesn’t mean that medical issues do not exist. You cannot just brush your health problems under the carpet. The term insurance policy will still demand a declaration or statement from you about your medical history. You are required to disclose all your health conditions here in the application. 

For instance, if you have a diagnosis or if you are engaged in activities of drinking or smoking, even occasionally, then this information has an impact on your term insurance cover. When a claim is filed, it is studied meticulously for traces of attributable undisclosed medical problems. 

Thus, honesty is the best policy when it comes to your term insurance.

Pay More Premium Without a Test

Do you know how the premium is set when you buy term insurance? Among the many factors that influence the amount of premium is the risk as perceived by the insurance company. If they think you are more prone to death or critical illness due to medical issues, then you will be asked to pay a higher premium. 

On the other hand, a medical test for term insurance ensures that the company knows where you stand, health wise. Information from a medical test about your health status can lower the premium you are supposed to pay. 

This becomes an especially important point if you are a healthy applicant. You do not want to pay as much as a heavy smoker, would you?

A medical fitness certificate could change a lot in your insurance policy.

The Scope of Risk Cover

If your policy offers the option of skipping a medical test, don’t be tempted. It is likely that the cover it provides will be lower in value. The truth is that for even the healthiest of all – it is unlikely someone will provide a cover beyond Rs 5 lakhs. 


As can be seen, a robust cover is only possible with a medical examination prior to taking the term insurance. It is also important to be honest with your medical disclosures as they have a bearing on the amount of premium, the claim filing and admittance and the span of risk cover.

Read about Sabse Pehle Life Insurance Campaign, an initiative by IRDA to create awareness on the importance of life insurance.


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