The follow of life insurance coverage suppliers inspecting a person’s well being historical past following their demise is a normal process to validate the legitimacy of claims. This includes accessing beforehand documented medical data to determine if the deceased precisely represented their well being standing when making use of for the coverage. As an illustration, a evaluate of those information may reveal a pre-existing situation not disclosed in the course of the software course of.
The importance of this course of lies in safeguarding the insurance coverage firm from fraudulent claims and making certain honest practices throughout all policyholders. By verifying the accuracy of the data offered in the course of the software part, insurance coverage corporations can mitigate monetary dangers and keep the integrity of the insurance coverage system. Traditionally, this follow has advanced alongside developments in medical report retaining and information accessibility.
