Just like other types of insurance, there are little tips and tricks that you can do to bring down your premiums. Health insurance can be one of the most expensive types of insurance out there so check out our list of handy hacks that could potentially end up saving you hundreds of pounds.
Opt to pay a higher excess. Like with other types of insurance, you can often bring down the price of premiums by opting to pay a higher excess in the event of a claim. However, it is important to keep it to an affordable figure in keeping with your lifestyle and budget.
Don’t pay for services you don’t need. This may seem like an obvious point, but there is no need to pay for cover that you don’t need. This may mean opting for a more basic policy or tailoring a policy to suit your specific requirements.
Shop around. One of the best ways to find the best deal is to compare providers and policies. Don’t forget, it’s important to compare policy features as well as price.
Use a broker. One way of cutting down costs or increasing your policy features is to go through a broker. Brokers can negotiate with insurers on your behalf, they can also often offer advice on which policy is right for you.
Healthier lifestyle. If you live a healthy lifestyle, you’re less likely to claim and therefore less of a risk to health insurers. In the world of insurance, risk equals low premiums. So if you’re looking to save money on your private health care policy then quit smoking and hit the gym.