Your Questions Answered: I have physical, mental issues. Will it affect my ability to get insurance?

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Also Read: Health Insurance Tax Benefits for Salaried Employees – What You Need to Know In line with the provisions of the Mental Healthcare Act, 2017, the Insurance Regulatory and Development Authority of India (IRDAI) issued a directive on May 29, 2018, mandating that “every insurer must offer medical insurance for the treatment of mental illness on an equal basis as it is available for the treatment of physical illness." Some insurance providers responded by introducing policies explicitly designed to address both physical and mental health conditions, ensuring more comprehensive coverage. However, for individuals with dual diagnoses, the medical underwriting process becomes crucial.

The likelihood of obtaining coverage depends on the risk appetite of the service provider, even though these policies may cover physical and mental illnesses for those currently in good health. Group insurance through employers: In such cases, group insurance options offered by employers can be a practical solution.

Numerous insurers now include mental health coverage as an add-on, and employers have the flexibility to select this additional coverage. Group insurance plans typically do not involve extensive medical underwriting, making them more accessible to individuals facing dual diagnoses.

Also Read: Can I port my group insurance plan into an individual policy? Seek professional guidance: It can be challenging to find and then navigate the intricacies of insurance policies that cover physical and mental issues.

You may want to seek the help of an insurance advisor or broker, who specialises in health insurance for individuals with complex health conditions. Sameer, we would advise you to stay positive and draw solace from the