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Health insurance renewal query

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14 Nov, 2022 by  KNV Nambudiri

Last year premium Rs.10700/-.

Age now 61 years.

Current year premium quote is for Rs.18500/-.

Understand premium is calculated for a higher age group.

But would the premium increase so much - almost 72% increase

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Health Insurance

1 Answer

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Dear KNV Nambudiri Sir

As you are aware health insurance premium increase with age , there may be some more reason for increase in your current year premium this time :-

  1. Change in Age Bracket .
  2. Missing of NCB due to claim in previous year
  3. Change in medical condition.

You can check out exact reason from the service provider for increase in premium ..

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