login-icon
mahindra-finance-logo
login-icon
  • English
  • Hindi
  • Bengali
  • Marathi
  • Telugu
  • Tamil
  • Gujarati
  • Kannada
  • Odia
  • Malayalam
  • Punjabi
phone

Download App

Conveniently pay your EMIs, set payment reminders, view your loan details.

phone
|

2. Reason for Rejection of claims in MAS?

mahindra-finance-author

by Mahindra Finance

|

January 6, 2025

|

1 mins read

  • Non-disclosure of pre-existing medical conditions – If the customer is suffering from any pre-existing disease at the time of taking MAS cover & if it is proved from the documents submitted for claims processing or through investigation report then the claim will be rejected by the Insurance Company
  • Permanent exclusion clause – like Alcoholism & drug abuse, Maternity related, suicide
  • Hospitalization in blacklisted hospital
  • Fraudulent claims
  • Less than 24 hrs hospitalsation

Related articles

What-Is-Secured-Vs-Unsecured-Car-Loan

What Is Secured Vs Unsecured Car Loan

Introduction When exploring car financing options, one fundamental decision to make is whether to opt for a secured or unsecured car loan. Understanding the differences between these secure vs unsecur...

KNOW MORE

June 17, 2024

What Is Hypothecation? A Simple Guide For Beginners

Introduction Ever thought what is hypothecation and why it is essential for securing a loan? Hypothecation refers to the practice of pledging an asset as collateral for a loan without transferring own...

KNOW MORE

July 4, 2024

A Financial Wellness for Couples: Joint Fixed Deposits and Shared Investment Goals

When it comes to managing finances as a couple, finding the right strategy is crucial for a harmonious and secure future. One approach that offers numerous benefits is opening a joint FD account. In t...

KNOW MORE

March 4, 2024