Is acceptance to an insurance with exceptions or added risk payments a final decision?

Answer: No!

Can the signing conditions be contested or can I accept and ask for change when the situation changes?Answer: Yes!

Like many things in the field of insurance, this primarily depends on how good and dedicated your insurance agent is.

Experienced insurance agents know that different companies have different acceptance criteria, so if one company doesn't accept you, you can try another company.

During the signing process, which includes the proposal and the health declaration being sent to the insurance company and evaluated by them, medical documents are required in cases where a response indicating any medical interest arises.

The signing process with the insurance company attempts to assess the risk involved in accepting the applicant to the insurance plan.

Based on guidelines or consultation with a qualified medical professional, the company's medical advisor, who guides the underwriting, determines the exceptions for the insured or additional risk payments, and sometimes even rejection.

It is worth noting that cooperation from applicants in providing the required medical documents, even if it requires a meeting with a doctor and obtaining a medical document, can ease acceptance conditions or cancel previously-established exceptions.

Therefore, it is not advisable to blindly accept and sign the proposed terms.

Additionally, it is highly recommended for anyone with any form of medical or life insurance to review the proposal form they are signing.

Often in insurance sales, there is a rush to fill out the health declaration form, and things can be overlooked.

Section 25 of the Insurance Contract Law - Fraudulent Intent

In the event of a violation of the obligation under Section 22 or under Section 23(b), or if an act is done as stated in Section 24(b), or if the insured or the beneficiary has provided false facts to the insurer, or if they have concealed from them facts regarding the insurance case or regarding the insured risk, and this act was done with fraudulent intent - the insurer is exempt from its obligation.

Insurance companies love using this section and presenting individuals as having fraudulent intent in court. It is important to provide all information correctly and comprehensively, answering all the questions in detail, and if there is any doubt - it is preferable to share relevant information and mention it.

If you discover an error in your health declaration, I recommend updating the insurance company and ensuring that they have received the information. It is better to deal with it now rather than during a possible claim.