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Health Insurance
Factors that affects health insurance premium in the UK
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[QUOTE="Augusta, post: 11231, member: 237"] The private health insurance premium is paid monthly. You would need to pay for your premium upfront to be able to use the private health insurance. The average cost of a full private health insurance as at 2017 was about #1,4335 Euros but one can still opt for the basic plan which cost less. On the average one can get the basic plan for about 500 Euros. The thing is that the calculation of each insured health insurance premium in the UK varies. This is because different factors are taken into consideration. The below points affects the cost of one’s health insurance premium in the UK Medical history: This will determine how high or low your premium will be. Those with higher risks would be expected to pay higher Level of coverage: The coverage you want for your health will affect your premium your premium as well. The number of people covered: Another factor that would be considered for a premium on one’s health insurance is the number of people involved. You would need to find out from the insurer to know if you can go ahead with it Age of the insured: This is one huge factor that will be considered. The elderly that are prone to some terminal diseases would need to pay more Lifestyle; the lifestyle of the insured will be assessed as well to give an appropriate premium cost [/QUOTE]
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Factors that affects health insurance premium in the UK
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