Suspense Crime Sach Ka Dam
Most policyholders who take health insurance do not know how to reduce the cost of health insurance premiums. That too when companies increase the premium of health insurance policy every year. We are telling you how by knowing some things, you can not only reduce the premium of your health policy but can also choose the right policy. So let us know in which ways you can reduce the premium of the policy.
Try these methods to pay less premium
1. Choose a family floater plan
To pay less premium on health insurance policy, choose a family floater plan instead of an individual policy. If there are four members in the family, always choose a family floater plan. Taking a family floater policy will give you a lot of savings as compared to an individual policy.
2. Renew the policy for 2 years
Renew the policy for 2 years. By doing this you can easily get a discount on the policy premium. Insurance companies give a discount on lump sum payments of two years’ premium to encourage policyholders.
3. Avoid taking add-ons/riders
It is not a new fact that add-ons, riders, and additional features add to the cost of the policy. You can save insurance premiums if you do not take these add-ons and riders. Some common riders include critical illness and personal accident cover. Never take OPD or health check-up riders.
4. Opt for portability
If you feel that your premium is high and there is no other way to save premium, you can opt for portability. Just like a mobile number, you can transfer your health insurance policy to another insurance company that offers a lower health insurance premium. You will not lose any benefits of the existing cover.
5. Stay healthy
Last but not least, there is no better way to save on your health insurance premium than staying fit and healthy.
