Liquor drinking is injurious to health, and there is no denying this fact. It can lead to a host of health problems, such as high blood pressure, liver damage, and even cancer. If you are a frequent drinker, you not only risk hurting your health but also disturbing your financial future. In this article, we will explore the impact of alcohol on medical insurance premiums and the various ways you can reduce your premiums if you consume alcohol.
Can you purchase health insurance if you drink alcohol regularly?
Yes, you can still buy a health insurance policy even if you consume alcohol regularly. Contrary to popular belief, insurers in India do provide coverage to individuals who drink. However, you may be required to undergo a pre-policy medical examination to assess whether your alcohol consumption is within acceptable limits.
It’s important to note that some alcohol-related illnesses may be excluded from coverage or may come with a waiting period, depending on your health status and insurer’s policy terms.
When it comes to claims, insurance companies cannot deny your claim solely because you consumed moderate alcohol before hospitalization. However, if you are diagnosed as a heavy drinker or alcohol-dependent, any illness or injury directly resulting from alcohol use is typically excluded from coverage. This is one of the standard exclusions in most health insurance policies.
