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Insurers seek cooling off period before underwriting new policy for Covid survivors


Insurers seek cooling off period before underwriting new policy for Covid survivors
They want to ensure the health condition of the member is good from a risk assessment standpoint
Insurers both life and general are insisting on a cooling off period and physical check-ups before underwriting a new policy for individuals affected by Covid.
Cooling off period is the time taken or the deferment period that is required for a person to completely recover from an ailment and, thereby, fit to be insured.
“Insurers are often asking for a three-month waiting period for a term life cover from the time the survivor has a negative report and they may also have to do a physical check-up. From an underwriter’s perspective, the second wave  ....

Priya Deshmukh Gilbile , Sajja Praveen Chowdhary , Manipalcigna Health Insurance , Manipal Cigna Health , மணிப்பல் சிக்னா ஆரோக்கியம் ,