- HDFC term plan medical tests
- Importance of Medical Tests
- Challenges associated
Medical Test For HDFC Term Insurance
Policyholders need to undergo various medical tests while buying an HDFC Term Plan. These tests include BMI tests, ECG, Blood sugar test, liver test, kidney test, lipid profile, HIV test, etc. Medical tests help HDFC Life assess the risk of insuring a particular policyholder. These tests reveal if you are suffering from any critical illness, or have a record of past medical history, smoking habits, etc. Moreover, medical tests help you find any undiscovered illness you are suffering from and take appropriate action.
Some term insurance plans are available in the market without medical tests, but you should avoid them as there are various drawbacks to buying these plans. It includes low sum assured, higher premiums, and hassles at the time of claim settlement. To learn more about HDFC Term Plan medical tests, read the complete article.
Medical Tests For HDFC Term Plan
Given below are the medical tests you have to undergo while buying an HDFC Term Plan. These tests decide your sum assured, premium payments, and coverage period.
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BMI test
BMI stands for Body Mass Index test. This test helps to determine whether there is a healthy relation between your body weight and height or not. To calculate BMI you have to divide your weight by the square of your height. A BMI ranging between 18.5 to 24.9 is considered as healthy while BMI greater than 25 is considered overweight.
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Urine analysis
This test helps to determine the diseases related to kidneys, diabetes, liver, or any type of urine infection.
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Blood test
This test is used to analyze blood count in an individual, abnormalities in the blood, and diagnose cancer, heart, or thyroid illnesses.
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Blood sugar test
As understood from the name, this test helps determine your body's sugar level. A higher sugar level leads to diabetes.
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Liver function tests
This test determines the condition of your liver and finds the cause of your liver problems. Moreover, this test helps to determine if your liver is functioning properly or not.
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Kidney function test
This test helps determine your kidneys' condition and how effectively they are working. The kidney must function well to ensure better well-being.
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Lipid profile test
This test helps to measure the cholesterol levels in your body. Moreover, it measures the risk of cardiovascular disease in your body.
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Echocardiography
This test helps to measure the status of your heart’s functioning. Moreover, it measures the blood flow through your valves.
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Chest X-ray
Chest X-ray helps to detect cancer, lung infection, or any chest-related disease.
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Ultrasonography
Ultrasonography is one of the important tests that help determine cancer in your body's crucial organs.
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Treadmill tests
This test helps to determine how well your heart is functioning. You may be asked to walk on a treadmill during this test to determine your heart rate.
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HIV test
This test helps to determine whether the policyholder is HIV positive or not.
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Trail making test
This test is used to check cognitive impairment in an individual.
Importance of Medical Tests For Buying HDFC Term Insurance
It is important for both policyholders and insurance companies that while buying a term plan a policyholder undergoes medical tests.
Importance For Policyholders
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Get high sum assured
To get the high sum assured for your term insurance, you must get your medical tests done as insurance companies offer a low sum assured if you do not undergo medical examinations. -
Hassle-free claim settlement process
Your loved ones can easily get their claim if you have bought term insurance after undergoing medical tests as the insurance company is aware of the risk associated. It helps your loved ones to stay financially protected even in your absence. -
Affordable premiums
You can get HDFC term insurance at affordable premiums if you undergo medical tests as the insurance company calculates the associated risk with insuring you. -
Helps to discover any undiscovered illness
Medical tests help you discover any undiscovered illnesses you are suffering from and take appropriate action to cure them.
Importance for insurance companies
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Decide the right premiums
If the policyholder undergoes medical tests then insurance companies can calculate the right premiums for them. Without medical tests, the insurance companies have to charge estimated premiums to the policyholders. -
Calculate the risk
With medical reports of the policyholder, insurance companies can accurately calculate the risk involved in insuring the particular individual. -
Prevent insurance fraud
Various insurance frauds occur by the policyholders to extract the sum assured by the term insurance policy. Medical tests help to avoid these insurance frauds to some extent.
Challenges Associated With Medical Tests for HDFC Term Insurance
There are various challenges associated with medical tests for HDFC Term Insurance:
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Cost of medical tests
The cost of medical tests is very high as they have to undergo multiple medical tests defined above. Most of the time policyholders have to bear this cost which ultimately affects their pocket. -
Time consuming process
Undergoing medical tests involves a lot of time. It is a time-consuming process for policyholders. That’s why the policyholders don’t want to undergo medical tests while buying an HDFC term plan. -
Inbuilt fear
Some people have an inbuilt fear of undergoing medical tests. That’s why they end up choosing a term plan without medical tests. -
Avoid sharing personal information
Some people generally avoid sharing their personal information with anyone including doctors and healthcare experts. That’s why they didn’t undergo medical tests.
Conclusion
We have provided you with the list of medical tests that you are required to undergo while buying an HDFC term plan. You must undergo medical tests when buying HDFC term insurance so that you can get the high sum assured at affordable premiums with no risk of claim rejection. In some cases, the cost of medical tests is borne by the insurance companies while in the rest of the cases, the policyholder has to bear the overall cost. If you are confused about which HDFC term plan to choose from then you can contact us at PolicyX.com. One of our insurance experts will reach out and help you choose the plan that matches your requirements and goals.
Medical Test For HDFC Term Insurance: FAQs
1. What medical tests are required to buy an HDFC Term Plan?
You have to undergo various medical tests including Blood tests, ECG, HIV tests, X-rays, kidney tests, lipid tests and various other tests to buy an HDFC term insurance plan
2. Should I undergo medical tests for the HDFC term plan?
You should undergo medical tests if you are buying an HDFC term plan to get a high sum assured at affordable premiums and avoid the chances of claim rejection.
3. Who bears the cost of medical tests for the HDFC term plan?
The cost of the medical tests is borne by the policyholder and in some cases, it is borne by HDFC Life.
4. Why does HDFC Life want the policyholders to undergo medical tests?
HDFC Life wants its customers to undergo medical tests to understand the risk associated with insuring them and charging them appropriate premiums.
5. What do medical tests for the HDFC term plan indicate?
The medical tests indicate your health history, any critical illness you are suffering from, smoking habits if any, and other details regarding your health.
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Written By: Himanshu Kumar
Himanshu is a seasoned content writer specializing in keeping readers engaged with the insurance industry, term and life insurance developments, etc. With an experience of 2 years in insurance and HR tech, Himanshu simplifies the insurance information and it is completely visible in his content pieces. He believes in making the content understandable to any common man.
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