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Any concealment of facts and figures in the proposal form by the proposer may entail exclusion of benefits be it life insurance or medical policy by the Insurance Company. Specially, in medical policy, 'Pre existing disease/illness may deprive the insured person from benefits under the policy.

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Which term refers to specific condition or circumstance for which a policy will not provide benefits?

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The term is an "exclusion:".


What term refers to a specific condition or circumstance for which a policy will not provide benefits?

Any concealment of facts and figures in the proposal form by the proposer may entail exclusion of benefits be it life insurance or medical policy by the Insurance Company. Specially, in medical policy, 'Pre existing disease/illness may deprive the insured person from benefits under the policy.


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