Policy renewal loading
I opted for health insurance hdfc ergo optima restore with loading 25% due to pre existing disease.
Now on next age slap, if the premium increases by 10%, will the premium again loaded with 25% with the total of 35%?
Dear Sir your proposal is accepted with 25% Loading so According to agewise premium slab you have to bear 25% loading above normal slab.
Loading will not be elliminated it will stay there until you continue renewing your policy.
I second with Anand, loading remains constant whatever your age adjusted premium will be the loading shall be applied over & above that.
Dear Balaji
You will be paying 25 % loading on revised slab .
Hi Balaji,
Loading premium will be applied to your health insurance in renewals and it will increase as per the age band .
In future if any other disease if you come and disclose to the health insurance company they will charge additional loading premium.
Please answer to this