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Why Should My Travel Insurance Be So High? |
having recently had a triple heart bypass I find my travel insurance premium is hugely increased. While on the surface this sounds reasonable it only takes a little thought to see that I am now at much lower risk of a heart attack than I was last year.If anything my insurance should be lower. Now I dont expect that but I feel it needs explanation.
As a secondary question can anyone point me to a company that is more reasonable?
lifeplanz simply connects me to another site.
| Answer: Depends on the company though.. Probably you must have picked up the wrong brand. You would have looked for the companies like: hdfcergo.com, icicipru, etc... I have owned the policy with hdfcergo.com and I am completely satisfied with that. Though many friends of mine have bought from different companies depending on their salaries. Those companies are meant for Indian people |
“Compared to the total expenditure incurred on a foreign trip, the premium for a travel plan is very low,” says Mr Singh. Mr Datta adds that in India, unlike the West, travel insurance also includes medical cover. The premium for travel insurance is
If this were a true insurance, people with a higher risk of collecting would pay higher premiums and long-term employees who have never collected would pay lower rates. Until EI is run like any other insurance program, it is only a "Robin Hood" program