What is the right age to purchase a health insurance policy?

Quick Summary:

Notwithstanding the growth in health premiums, insurers have seen elevated levels of Covid claims in the first three months of the financial year due to the second wave of the pandemic.

Waiting period for pre-existing conditions: Most health insurance policies have a waiting period before they cover pre-existing illnesses.

Earn cumulative bonuses: Most health insurance plans provide a cumulative bonus for every claim-free year.

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Article Details

Category: BusinessFinance

Markets: India

Topics: Health insurance Health insurance policy Right age to purchase health insurance Early insurance Right time to buy a health insurance Tax benefits Lower premiums When to buy health insurance

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-06-26 @ 18:12:33 (5 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 388 words

Reading Time: 3 minutes read

Sentences: 23 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 21394063

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About Business Standard

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 243 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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