Term Insurance Medical Check: What Needs to be Kept in Mind

What are Common Medical Tests for Term Insurance?

When applying for a term plan, most insurers ask you to take a medical test for term insurance. These are simple tests that check your basic health condition. Here are the most common ones:

• Complete Blood Count (CBC): Checks your overall blood health.
• Kidney Function Test (KFT): Checks if your kidneys are working well.
• Liver Function Test (LFT): Shows how well your liver is working.
• Lipid Profile: Tells the levels of fats and cholesterol in your body.
• Fasting Plasma Glucose: Checks your blood sugar level.
• HIV Test: Confirms the presence or absence of HIV infection.
• Routine Urine Test: Looks for infections or sugar/protein in your urine.
• Blood Pressure Check: Measures your blood pressure to detect hypertension or related issues.
• Body Mass Index (BMI) Measurement: Calculates your weight-to-height ratio to assess if you are underweight, normal, or overweight.
• Chest X-ray: Helps detect lung or heart conditions and other internal issues.
• Ultrasonography (USG): An imaging test used to examine internal organs, often done for the abdomen or pelvis, based on age and risk factors.

Additional Tests (Based on Age or Policy Cover):

• ECG (Electrocardiogram): To check heart activity.
• Treadmill Test (TMT): To check how your heart performs during exercise.

These tests are selected based on your age, lifestyle habits, and medical history etc.

Importance of Term Insurance Medical Test

The medical test for term insurance plays a very important role in your insurance journey. Here’s why it matters:

• Health Check for Accurate Premium: Your medical test helps the insurer decide the correct premium based on your current health.
• Honest Risk Profile: The insurer uses your health report to check how risky it is to offer you coverage. A healthy person means lower risk, and a person with health issues means higher risk.
• Claim Safety: If you hide your health issues and they are found later, your nominee’s claim may be rejected. A proper medical test avoids this risk.

Getting a term plan after a medical test helps you get full and fair coverage, with fewer chances of rejection in the future.

How Medical Tests Impact Term Insurance Policies?

Three main factors are influenced by your medical test for term insurance.

1. Premium Amount

   
   

   The biggest impact is on how much premium you will pay .

   
   
   • If you are in good health, your premium can be lower,subject to other factors .
   • If your medical test shows health issues, your premium may be higher. This is because the risk to the insurer increases.
   
   

2. Sum Assured

   
   

   The sum assured is the amount your nominee gets in case of your unfortunate demise during the policy term .

   
   
   • If your test results are good, you may qualify for a higher sum assured (based on other factors too).
   • If there are health concerns, the insurer may offer a lower coverage.
   
   

   Also, policies without medical tests usually offer lower coverage amounts. But with medical tests, you can get a much higher cover.

   
   

3. Claim Rejection

   
   

   When you fail to disclose your medical health status to your insurance provider, they may choose to deny your claim.

   
   
   • The insurer holds the right to deny your claim if you conceal any diseases that appear in your term insurance medical history.
   • To avoid this, always take the medical test and give full details during the application.
   
   

   If a person dies due to a disease that was not disclosed earlier, the insurer can deny the claim. So, honesty during the process is very important.

   
   

What are Video and Tele-medical Check-ups in Term Insurance?

Sometimes, you may not need to go for a physical medical check-up. Insurance companies also offer:

• Video Medical Check-up: A doctor connects with you over a video call. They ask questions about your health, habits, and family history.
• Tele-medical Check-up: This is a phone call where similar questions are asked.

These options became popular during the COVID-19 pandemic. They are simple, quick, and easy for people who cannot have in-person visits.

Term Insurance Medical Test to Get the Best Possible Coverage

Medical tests performed correctly for term insurance bring several important advantages. The medical assessment offers insurers complete clarity about your health status. Insurers provide customized term plans after a full assessment of your medical condition. This ensures:

• Lower premium (if you are healthy)
• Easier claim settlement for your family

It also helps avoid surprises later. That’s why it’s always a smart choice to go for a test when buying a term plan.

Conclusion

The medical test requirement for term insurance serves to safeguard your family's future security, as well as your well-being. The test enables insurance companies to deliver perfect coverage matched to your health condition. Your medical test results determine every aspect of your term insurance coverage, including premium amounts, benefit limits, and the potential claim process. Getting honest test results along with providing truthful policy information will ensure your family's long-term financial security through term insurance.

FAQs

Is a medical checkup required for term insurance?

Yes, an insurance company uses medical checkups to determine current health condition and analyze potential risks based on the reports Insurers conduct standard health tests involving blood checks and urine analysis, as well as ECG procedures or advanced diagnostics based on your age and coverage region.

What is the importance of medical examination in life insurance?

A medical examination is a critical aspect of getting term insurance. It gives your detailed health report to the insurance company to determine the risk of providing you with insurance coverage. The insurer sets your premium amount and sum assured based on the test results.

What are the three key factors to be considered while buying term insurance?

When buying a term insurance policy, three main factors should be considered. First is your health condition, which affects your eligibility and premium amount. Second is the premium you are comfortable paying—it should fit your budget so you can keep the policy active. Third is the sum assured, which is the total amount your family will receive if something happens to you. This should be enough to cover living expenses, debts, children’s education, and future needs.