Max bupa premium chart & clauses
17 May, 2021 by VishRaj
I was planning to buy max bupa health companion or reassure plan but while talking to sales person I was taken aback by 2 points . Wanted advice on below points -
1) they said they did not have premium chart based on age slab , meaning I don't how much will pay for each age slab . Is that a concern?
2) for health companion plan, they said , they will increase premium for each year by 2-3 %. Is that fair to do so? Never heard , normally it increases by age slab for every 5 yrs.
I am confused by these ppl and wonder if they will increase premium exponentially because they don't jave a premium chart to compare and can be used as a loophole to increase premium
Dear Vishraj ,
They should have a premium chart. As per my knowledge, Health companion has an age wise premium and not age band wise.
Just to give you a brief - A company can file a product with age band / age wise premium to suit their needs. There is no hard and fast rule to have an age band wise premium chart.