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What is Lifetime Health Cover, and how can I avoid the loading?

April 26, 2017avoid cover Health lifetime loading

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What is Lifetime Health Cover, and how can I avoid the loading?

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According to the Lifetime Health Cover initiative those who take out Hospital cover before the age of 31 and keep it can maintain lower premiums. From 1 July following your 31st birthday, you will pay 2% more for each year you don’t have hospital cover. If you’re already over 31, take out hospital cover as early as possible to avoid paying any extra.