Medical state: Medical state of an individual is another factor that determines the loading applicable to his premiums;
especially health insurance premiums.
Not exact matches
Having issues with
health and
especially defined pre-conditions can drive your
premiums up or even exclude some illnesses from your
insurance policy.
Sure, the shopping process can get a little complicated,
especially if your
health situation is a little complicated, but at the end of the day, term life
insurance is made up of three basic components: your coverage (also known as your death benefit), your term (how long the policy lasts), and your
premium (how much you're paying for it).
This allows monthly
premium payments to be much lower than other life
insurance policies,
especially if the insured is in good
health.
Because of that, the
premium that is charged for term life
insurance is often quite affordable —
especially if the insured is young and in relatively good
health at the time he or she applies for the policy.
For those who have shorter term coverage needs, and / or a limited amount of money to spend on life
insurance premiums, a term life
insurance policy could very well be the best alternative —
especially one that has the option of being converted over into a permanent policy in the future, regardless of the insured's
health condition.
Because of this, the
premiums for term life
insurance can typically be quite affordable —
especially for those who are young and in good
health at the tie of policy application.
As with
health coverage for humans, pet
insurance plans vary,
especially when it comes to their monthly
premiums, deductibles and fine print.
There are
health insurance plans,
especially those provided by life
insurance companies that provide you with return of your
premiums at the end of the policy term.
Similarly, our comparison of
premiums vs death benefits and rate classes also highlights just how important your
health is when comparing life
insurance quotes,
especially as the policy amount increases.
This is because there is no savings or cash value component — and because of that, the
premiums that are charged for term life
insurance are usually quite affordable,
especially for those who are young and
health at the time of application.
Term life
insurance can provide an excellent opportunity to obtain a large amount of death benefit protection for very little
premium outlay —
especially for those who are young and in good
health.
Life
insurance is an attractive tool that helps address major expenditure during one's lifetime and offers an additional benefit of lower / discounted
premium rates for women in most products, which is
especially in term and
health plans.
Many people,
especially those who are at low
health risk, look at investing these plans as a means to save tax because
health insurance premiums offers a tax deduction under Section 80D of the Income Tax Act.
Offering maximal coverage for a minimal
premium, it's one of the best
health insurance plans to ever been introduced in India and would definitely bring a change in the features of the private
health insurance plans as well,
especially senior citizen
health insurance.
A careful analysis of term life
insurance rates by age will show that
premiums increase as you age,
especially if you develop a
health condition later in life.
The Objective of Pradhan Mantri Jeevan Bima Yojana (PMJJBY) is to make the
insurance policies affordable to the poor and middle - class sections of the society who are unable to avail life
insurance policies (
especially health / accidental) due to high
insurance premiums.
• The cost of life
insurance policy
premiums could put a dent in the business» revenues;
especially if any of the owners have high - risk
health issues that can significantly increase
premium rates.