Health insurance is a type of insurance that covers medical expenses that arise due to an illness. These expenses could be related to hospitalization costs, cost of medicines or doctor consultation fees.
Premium is an amount paid periodically to the insurer by the insured for covering his risk.
Factors influencing your Life Insurance premium
- Age: It is the first factor which comes into the picture before a Life Insurance company decides the premium.
- Medical History of the Family.
- Smoking and Drinking Habit.
- Your health history.
- Your current health status.
- Your Profession: