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What are the factors which determine the premium payable for health insurance ?

determine factors health insurance Payable Premium
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What are the factors which determine the premium payable for health insurance ?

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Under health insurance, the age and the amount of cover are the factors that decide the premium. Usually, younger people are considered more healthy and thus pay lower annual premium. Older, people pay a higher health insurance premium as their risk of health problems or illness is higher.

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Premium is determine on the age of the person, the amount of cover and Health Conditions are the factors that decide the premium. 17.

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