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Contributor
Kanchi
Posts: 52
Registered: ‎10-03-2017

If I want to reduce/Eliminate Specific Benefits in my Basic Cover. Will that reduce my premium ?

If I want to reduce/Eliminiate  Specific Benefits in my Basic Cover. Will that reduce my premium ?

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Contributor
W@L
Posts: 23
Registered: ‎30-08-2021
Solution

Re: If I want to reduce/Eliminate Specific Benefits in my Basic Cover. Will that reduce my premium

In most health policies, the option you get is to either change sum Insured / policy tenure or deleting of the optional cover. If you reduce the sum Insured or policy tenure, the premium would reduce, but this will impact your health coverage.

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Contributor
pratik
Posts: 27
Registered: ‎05-04-2017

Re: If I want to reduce/Eliminate Specific Benefits in my Basic Cover. Will that reduce my premium

The benefits available under Basic Cover cannot be eliminated or reduced.However, you  can choose from the optonal and add ons covers. Accordingly the premium will be calculated. 

Contributor
W@L
Posts: 23
Registered: ‎30-08-2021
Solution

Re: If I want to reduce/Eliminate Specific Benefits in my Basic Cover. Will that reduce my premium

In most health policies, the option you get is to either change sum Insured / policy tenure or deleting of the optional cover. If you reduce the sum Insured or policy tenure, the premium would reduce, but this will impact your health coverage.