[Solved] Which statement about waiting periods for pre-existing diseases is TRUE? - Ans: Waiting period can extend up to 36 months | Insurance Awareness

Insurance Awareness - Health Insurance

Which statement about waiting periods for pre-existing diseases is TRUE?

AWaiting period can extend up to 36 months

BWaiting period applies only to diseases diagnosed after policy start

CWaiting period can be waived by paying higher premium

DWaiting period does not apply if disease is disclosed

Step-by-Step Solution

Step 1: Understand waiting period rules
Waiting period for pre-existing diseases is mandatory and applies even after disclosure.
Step 2: Evaluate options
Options B, C, and D are incorrect as waiting period applies only to pre-existing diseases, cannot be waived, and disclosure does not remove it.
Final Answer:
Waiting period can extend up to 36 months → Option A
Quick Check:
Disclosure enables future claim, not immediate coverage.

Quick Trick: Disclosure ≠ waiver of waiting period.

Common Mistakes:

MISTAKES

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