5 Handy Tips To Help You Save A Bit More On Health Insurance Plans

 


There may have been times when you felt that your health insurance premium was heavy on your pocket. You might have even been tempted to temporarily discontinue coverage. However, doing that is a bad idea as you stand to lose out on the protection of insurance as well as many benefits of continued protection like the no-claim bonus.

Now, the good news is that there are many ways by which you can save money on your health insurance premiums. To help you understand, we have listed down 5 handy tips that will surely help you make big savings on health insurance plans.

1.    Compare health insurance premiums

This is, perhaps, the most important tip if you are looking to save money on your health insurance.  Never simply go for the first plan you come across; make sure to compare at least a few health insurance plans before settling on one. This way, you can be sure of getting the best value for money.

2.    Remember to use the no claim bonus

Now, if you are staying with the same insurer, your no-claim bonus will automatically get carried over. However. If you are shifting over to a new insurance company, make sure to inform them of your no claim bonus so that you can carry over this benefit too. With the no claim bonus, you usually get a percentage of increase in the sum insured at no extra charge to your premium. That is sort of a huge saving in itself. 


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