Page 28 - The Insurance Times September 2022

HEALTH

INSURANCE -

THE UNHEALTHY

PREAMBLE

lease do not confuse the word Preamble in chosen are: 1) Aditya Birla Health Insurance Company 2)
P insurance to the Preamble of our Constitution. Edelweiss General Insurance Company 3) ICICI Lombard
Both are different. The insurance companies use
General Insurance Company 4) IFFCO TOKIO General
the word preamble in their Policy Wording. These
6) Life Insurance Corporation of India 7) Star Health and
days and in order to save on paper, the insurers request us Insurance Company 5) Liberty General Insurance Company
to download Policy Wording from their website. However, Allied Insurance Company.
it is another matter that they do not mention exactly from
where in the website this policy wording to be downloaded Aditya Birla Health Insurance Co.
leaving the policyholder clueless!
Limited
"This Policy has been issued on the basis of the Disclosure
In this article, we shall examine the Preamble or an
to information Norm, including the information provided by
Introduction or Foreword or Preface of seven insurance
You in respect of the Insured Persons in the Proposal Form,
companies. Why seven insurance companies? Number & the
any application for insurance cover in respect of any Insured
insurers both were a random pick. The companies thus
Person and any other information or details…"
Edelweiss Health Insurance
About the author
This is a contract of insurance between the Company and
Dr. K Raja Gopal Reddy the Policyholder which is subject to the realization of the
PhD, FIII, FCII(UK), FLMI (US), full premium in advance and the terms, conditions and
Chartered Insurance Practitioner exclusions to this Policy. This Policy has been issued on the
Principal Officer basis of the Disclosure to Information Norm, including the
Topspot Insurance Broking Private Limited information provided by Policyholder in respect of the
(Commercially known as insurancepe)
Insured Persons in the Proposal and the Policy Schedule.
28 The Insurance Times, September 2022