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Port if health insurance policy premium starts to pinch, say analysts

The best way to save on cost of term insurance is to enter at an early age

Healthcare, health, public health, insurance
premium

Health insurance premiums rise with age. When you move from one age band to another, the rise can be sharp, especially in the fifties and sixties

Sanjay Kumar Singh New Delhi
Insurance premiums are on their way up. PolicyX.com, a web insurance aggregator, has released its insurance price indexes for the April-June quarter of 2021. The health insurance price index, which had remained unchanged in the December quarter of 2020 and the March quarter of 2021, rose 4.87 per cent in the June quarter. And the term insurance price index rose 2.79 per in the June quarter over the previous one. It is up 7.29 per cent since the December quarter of 2020.

The price index for health insurance, as calculated by PolicyX.com, is the average of the premiums of the