You can save a lot of money with health insurance policies. You will not need to pay those expensive hospital and medical bills. All such expenses will be handled by your policy. It is important to get approved for the policy before you can hope to take all these advantages. If you are in good health, you can very easily get enrolled for a health insurance policy. On the other hand, if you are not keeping well with your health, you would find it difficult to avail this facility.
Younger and healthy crop pf people find it very easy to qualify for an insurance policy. Accordingly, older and ailing people will have to work hard to find a policy for themselves. Furthermore, a full coverage of insurance is also not provided to the older people.
Your profession also determines your approval of a health insurance policy. A school teacher would find it easier to get a policy as against a car driver. This is because a school teacher puts lesser stress on himself and lives a healthier life compared to a car driver. Insurance companies are on a look out for profit, and they can certainly not earn it with people susceptible to ailments. Hence, these companies do not prefer the ailing and old people. A smoker, drinker or a person suffering with diseases such as AIDS, Cancer etc will also be shown a red signal by the insurance companies.
The environment you live in is also evaluated for approval. If you happen to live in a place that has a lot of pollution around it, it would put the insurance company off. You are believed to fall ill more regularly living in polluted areas. Any smoke industry around your living place will leave a negative remark for you. Similarly, if you live in a healthy environment, your chances of an approval are more.
Your age plays a very big role in your approval of a health insurance policy. If you are young, you have better chances of qualifying for a policy. You are considered to be healthy at a young age, and hence a good candidate for approval. You also pay low premiums at a young age and continue to do so all your life. This serves as a very good reason for you to apply for a policy very early in your age.
A few companies also take into account the gender. Women are expected to live longer than men. They are also said to have lower depression levels and lesser health problems.
Your marital status is another area of concern to the insurance companies. Married men are considered to live a better life than married women. These companies believe that married men are not prone to ailments as much as the married women are.
The above discussed points are called the risk factors. You need to score low on these points to be able to get an approval. A high score would certainly not do you any good to get the health insurance policy that you need.
Younger and healthy crop pf people find it very easy to qualify for an insurance policy. Accordingly, older and ailing people will have to work hard to find a policy for themselves. Furthermore, a full coverage of insurance is also not provided to the older people.
Your profession also determines your approval of a health insurance policy. A school teacher would find it easier to get a policy as against a car driver. This is because a school teacher puts lesser stress on himself and lives a healthier life compared to a car driver. Insurance companies are on a look out for profit, and they can certainly not earn it with people susceptible to ailments. Hence, these companies do not prefer the ailing and old people. A smoker, drinker or a person suffering with diseases such as AIDS, Cancer etc will also be shown a red signal by the insurance companies.
The environment you live in is also evaluated for approval. If you happen to live in a place that has a lot of pollution around it, it would put the insurance company off. You are believed to fall ill more regularly living in polluted areas. Any smoke industry around your living place will leave a negative remark for you. Similarly, if you live in a healthy environment, your chances of an approval are more.
Your age plays a very big role in your approval of a health insurance policy. If you are young, you have better chances of qualifying for a policy. You are considered to be healthy at a young age, and hence a good candidate for approval. You also pay low premiums at a young age and continue to do so all your life. This serves as a very good reason for you to apply for a policy very early in your age.
A few companies also take into account the gender. Women are expected to live longer than men. They are also said to have lower depression levels and lesser health problems.
Your marital status is another area of concern to the insurance companies. Married men are considered to live a better life than married women. These companies believe that married men are not prone to ailments as much as the married women are.
The above discussed points are called the risk factors. You need to score low on these points to be able to get an approval. A high score would certainly not do you any good to get the health insurance policy that you need.
About the Author:
Susan Reynolds is the webmaster for a leading South African Insurance Provider who specialises in Health Insurance Policies.
No comments:
Post a Comment