Winning Bizness Desk
Mumbai. Greater awareness about health insurance has increased among the people in recent times. During the Corona pandemic, people benefited from the benefits of health insurance and through this they learned how important it is to have health insurance. Although now the premiums of health insurance have also increased, but by taking care of some things, you can take all the benefits of a health insurance plan from medical bills to low premiums. In this way, if you try to reduce your health insurance premium by the methods mentioned here, then you can definitely save some amount on health insurance.
Take health insurance early: The younger you take health insurance, the more benefits it is going to give. With age, the premium also increases in the same ratio. If you want to save the premium, then think about taking insurance soon. You are advised to take health insurance as soon as you start earning.
Many rewards for fitness conscious: Some health insurance companies and agencies may offer premium discounts based on your good fitness through the fitness app. If you understand this with an example, if you have a good record on the step counting app throughout the day, then there are chances of getting a discount of up to 30 percent on the base premium.
Plan Switch Off Service: Plan switch off service or feature is good for people who travel abroad a lot. Under this, you can switch off your health insurance while traveling abroad after the first year of the policy. Thereafter, premium discount can be availed at the time of plan renewal.
Super Top Up: If one insurance is taken, then instead of taking another plan, you can take additional health cover through super top up which will also be useful in the treatment of diseases and will also save you.
Do not take unnecessary riders: You can calculate your health insurance requirements through a financial advisor or by doing online comparisons. Do not take unnecessary riders by following someone else's unneeded advice or else you may have to spend more.
Loyalty Discount: People who keep renewing their health plan get a loyalty discount on premiums applicable every year from the fourth policy year onwards by the insurer till the life of the insured.
