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Frequent Contributor
maheshkulkarni
Posts: 88
Registered: ‎02-08-2016

premium amount

Recently, my sister - who is ten years younger than me - and I took similar health insurance policy. But my premium is more than hers. Why?

2 REPLIES 2
Contributor
seemaM
Posts: 67
Registered: ‎02-08-2016

Re: premium amount

The older a person gets, the higher is the cost of buying a policy. She will not only have a smaller premium, she might get more benefits too.

Frequent Contributor
vinodd
Posts: 97
Registered: ‎22-08-2016

Re: premium amount

The premium cost increases with increase in age.