After Kovid, awareness has increased among people about taking health insurance. But do you know that reducing body weight can also reduce your health insurance premium. Let us tell you how…
The Kovid epidemic increased awareness among people about taking health insurance. Experts also describe health insurance as a right investment because one, it helps you financially in difficult times of illness, and secondly, it is also beneficial in getting income tax exemption. But do you know that you can reduce your health insurance premium by reducing your weight?
Yes, you can get the health insurance premium done by sweating a little. The more you sweat and the more fit you are, the lower your health insurance premium will be, as companies check a number of parameters before deciding your insurance, in which your low weight can help you a lot.
Everyone’s test is for BMI, smoking and drinking.
When general insurance companies sell health insurance, they check the person’s body mass index, smoking habit and drug addiction, etc. Your insurance premium is decided on the basis of this. Therefore, if you exercise and stay fit, then you can get insurance from the health insurance company at a low premium.
How to check your own obesity?
Now let’s talk about how you can check your obesity, so that you can know how much weight you have to lose. The best standard for this is to check BMI. The ratio of your body length and weight is calculated in BMI. If your BMI result is between 18.5 and 24.9, then your weight is normal.
If the BMI result is less than 18.5 then it means that your weight is under control. Whereas a BMI between 25 and 29.9 means that your weight is more than normal. BMI being more than 30 indicates that you are obese and you need to sweat by exercising now. You can find your BMI score online through the BMI calculator, Calc.
Obese people have to pay more premium
Health insurance companies charge higher premiums from overweight individuals. People suffering from obesity are more likely to have heart attack, diabetes, high blood pressure, and other diseases. That’s why companies charge more insurance from them.
Policy Bazaar has informed that keeping this in mind, insurance companies are now making customers aware of fitness and running campaigns for it. Companies are offering discounts to customers who focus on fitness.
The more fit, the more discount on premium
Insurance companies are planning to give 10 to 30 percent discount on next year’s premium to exercising customers. While some companies are also planning to give a direct discount of up to 50 percent. Under Section 80(D) of Income Tax, health insurance takers also get tax exemption from Rs 25,000 to Rs 1 lakh.
