Advice on declaring mental health condition for insurance plan?

You NEED to declare bc if not you’ll have a lot of problems when you want to claim the $$$ later on as they’ll do proper checks …. & when they find out abt your “undeclared condition”, they can say you’re a fraud + not pay out your “deserved payout” + not return you the premiums you’ve paid so far!!!!

Hi anon,

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You have to declare your condition, especially if you are still undergoing treatment. Your health condition is still 'in flux' and insurers need to know your prognosis and other relevant details to make an underwriting decision.

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If you don't declare, and the condition is found out later, AIA will very likely void the entire plan due to non disclosure. You will be in a worse off situation in this case. The re-insurer may also be informed about this and you may face difficulty with other insurers in future when trying to get coverage.

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As much as I would hope for all my clients to get the coverage that they need, the harsh reality is that any major pre-existing conditions does make the underwriting that much harder. So for anyone else reading this, don't take your health for granted. Get your coverage done up as early as practically possible. Even infants are getting their critical illness coverage done up.