An individual diagnosed with epilepsy can buy a term insurance if he has an income, but the insurance company will ask for certain medical tests
14-Oct-2015 •Research Desk
I wanted to know if an epileptic person can get a term life insurance. How will the premium change for such a person as compared to a healthy person. Does the frequency of the epileptic episode affects the final calculation of the yearly premium? Which term plan would be the best for such a person?
An individual diagnosed with epilepsy can buy a term insurance if he /she has an income. Insurance company will ask the prospective buyer to undergo certain medical tests. It will then decide the final premium to be charged. If the condition is really bad, insurer may charge a higher premium or even refuse to offer the insurance cover. It depends on the insurance company. Do not hide any relevant information from the insurance company to avoid any problems later.
Aegon Religare iTerm, HDFC Click2Protect, Max Life Online term are some of the recommended term plans. You may apply online and insurance company would guide you.