Premium costs are one of the obstacles for those who want to use insurance products. Because high premium costs can have fatal consequences, ranging from difficulties to delays in paying premiums. So with this, we will describe how to minimize insurance premiums.
Where if you pay premiums on time or maybe even in arrears, the insurance is at risk of being canceled, so you can’t claim it.
Here’s How to Minimize Insurance Premiums
You can minimize insurance premiums so that you can use insurance to the fullest, listen carefully to the reviews below.
Submitting it to the Same Company
The first point you can make in minimizing or reducing the cost of insurance premiums is that you have to apply directly to the same company with the type of insurance you purchased before.
For example, you buy type A insurance at company A, so to buy another insurance product, try to buy it at company A. So that it can minimize or reduce the premium that must be paid at a certain time.
Don’t Add Unremembered History
Apart from applying for insurance products with the same company, another way that you can use to reduce premiums is not to add a history that you don’t remember. This will be very detrimental to you.
For example, you take out health insurance and then you add a history such as a previous illness diagnosis, which you may not even remember. What if it’s not true?
Of course it is very detrimental, because the premium paid can be high, because with this information the company adds premium costs for the treatment of the disease.
Likewise with other types of insurance such as car insurance, for example, you add a history of the car disease which is not necessarily true, so the company also provides a new policy for the premiums to be paid.
Not only types of car insurance or types of health insurance, this also applies to other types of insurance.
Choose One Type of Insurance
As we know, every insurance product has many other types of insurance, for example car insurance products that have LTO and Risk All types of insurance as well as health insurance products to other types of insurance.
Well, with so many types of insurance products, the thing you have to do to reduce the premium you pay is to choose only one type of insurance.
The more types of products you choose, the more premium you pay. This applies to the selection of the type of insurance.
If you want to use insurance products with premiums that fit your budget, then you have to be smart in choosing the type of insurance.
Risk Protection from Insurance Products
Another way you can reduce insurance premiums is to know the type of risk protection in the product.
Because, the more complete the risk protection covered by the insurance product you use, the higher the insurance premium you have to pay on time.
So with that, so that you can minimize premiums, you must choose an insurance product with protection that suits your needs and the amount of premium paid.
With this, insurance product premiums can be reduced.
Well, those are the four ways that you can use to minimize insurance premiums, do these 4 steps, OK!
About Health Insurance
Health insurance products are the most widely used type of insurance, where with this type of insurance your life health becomes more protected.
By using a health insurance product, your health costs will be covered by the company.
Recalling its function, health insurance has a function as a dependent on medical financing ranging from treatment, inpatient, outpatient, to surgery.
Not only that, the insurance company will also provide a certain amount of cash needed for the treatment of your illness and as a financial substitute for as long as you are not working because of illness.
The selection of insurance products will certainly affect the premium payment. The higher the protection provided, the higher the premium cost.
Not only with the above method to minimize health insurance premiums, you can also use other tricks such as maintaining a healthy lifestyle.
The first way so that you can pay for health insurance at a low premium or cost, you can keep your weight at a normal number and keep your weight from gaining weight and staying ideal.
With this, the insurance premiums paid are also lower.
By exercising regularly, you can maintain a healthy lifestyle and provide positive things for your body, so that health insurance premiums do not require you to pay high amounts.
This means indirectly, health insurance can make your exercise schedule a routine.
Avoid bad habits
In addition to maintaining your weight and exercising regularly, another way you can reduce health insurance premiums is to avoid bad habits, such as smoking, drinking alcohol and all other bad habits.
With the three tricks above, you can get health insurance premiums at a low cost.
About Car Insurance
For those of you who own four-wheeled vehicles, car insurance is very important to have because by using car insurance, the vehicle you have becomes more protected and the risk of accidents can be covered.
This is why car insurance is very important for every owner of a four-wheeled vehicle or car.
It is the same with health insurance, the premiums for car insurance products that must be paid are influenced by several things.
If you want to get low car insurance premiums or minimize car insurance premiums, you can do the tips above and the tricks that will be explained below.
Complete car Security Device
Cars that have complete security devices, such as additional alarms, double locks, and CCTV.
These things can affect the level of car insurance premium costs that you have to pay because the company’s policy on premiums is assessed at the level of risk that occurs.
Clean the Car of All Problems
Cleaning the car from all problems means that your car is clean from problem records such as police records.
Proper Use of Cars
The use of the right car also affects the premium you have to pay, such as limiting driving hours to avoid the risk of an accident.
Not only the three things above, to minimize premiums you can use a popular type of car or a new type of car.
So that’s how to minimize insurance premiums that you can do for the two types of insurance described above.