Insurance these days is a lucerative business after government of India opened up this sector for private operations. However on the consumer side, the proposer is expected to disclose all materials particularly about any ailments before being insured, any suppression of material facts by the proposer would make the insurance void.
My client's husband who worked for the railways, was transferred from one place to the other. He in order to influence the higher ups and get the transfer cancelled and as a protest the transfer, proceeded on medical leave showing as if he suffered due to Jaundice. He had then taken an insurance cover and was paying the premia regularly. Within about a year, he died of heart attack, but sadly the insurance company refused to pay the insurance amount to my client on the ground that her husband had suppressed the fact of a pre existing disease of Jaundice. The consumer foura also agreed with the company :(
