When diseases occur, insurance companies will make correct evaluation results for consumers, which generally include five situations: normal body underwriting, exclusive liability underwriting, extension, fee increase underwriting and refusal.
Financial disclosure is an important index to evaluate risks. Insurance companies set this index mainly to consider adverse selection and future payment pressure.
First, to prevent adverse selection, in order to prevent the insured from cheating by insuring a large policy, such a financial notice is set up.
Second, we should mainly consider the ability to pay in the future to see if we can continue to pay, because health insurance is basically a long-term payment, and if it is broken in the middle, it will affect the insurance contract, so there will be financial notice.
Third, consider the source of income, which is the focus of supervision and management at present, to prevent some criminals from laundering money through insurance. In addition, the insurance payment cannot exceed 20% of the annual income, which is also something that insurance companies should consider.
It doesn't matter if you fill in too many financial statements, but if you fill in too little, that is, your premium exceeds 20% of your annual income, there will be some problems. It is recommended to fill in truthfully.