How Health Insurance Premium is Calculated?

Edit this post
Health Insurance Premium doesn't work like Life Insurance Premium. 

In Life Insurance, your Premium remains fixed throughout one's Life.
 But in Health Insurance, it gets recalculated every year based on your age, claim history and general increase of Insurance premiums, much like your car insurance premium.

So, taking it early in life when one doesn't need it is really a wastage of money. The only advantage one could think of is that the pre existing disease (PED) period would end early but then at very early age, generally there are no PEDs.

Related Posts

Nifty / Bank Nifty Option Tip

Looking to trade intraday Nifty or Bank Nifty options? Our Nifty / Bank Nifty Option Tip shares trading calls with a defined entry, target and stop loss, so you know your risk before you trade. It suits traders who follow the market on a trading screen as well as those who place orders through their broker or by phone. Click on Image or Post Title to Read More.

Latest Video Reviews by Clients

Watch video reviews recorded by our clients about their experience with Indian-Share-Tips.com services, including the Nifty / Bank Nifty Option Tip and Delivery Tip. Click on Image or Post Title to Read More.

Awards and Recognition

See the awards and recognition Indian-Share-Tips.com has received over the years for its work in stock market research and investor education. Click on Image or Post Title to Read More.