Online discounts for health insurance are harder to come by than with other types of insurance. They are still possible to get, so take this into account when having a shop around.
The most substantial savings to be made are by not claiming. Obviously, this is not necessarily something that you can control, nor something which comes in to play until after your first year with a policy. However, this is definitely something to bear in mind, as savings with a no claims bonus can be 50% or more. This figure obviously varies from company to company, so be sure to check this out. In many cases, the discount could potentially be well above 50%.
Another really good tip to help you save on your health insurance is to start young. The younger you are, the lower the premiums will be as you would generally be considered at lower risk, therefore less likely to make a claim. This enables you to build up a substantial amount of no claims, meaning as you get older, your premiums will still be low. The older you are when you first purchase a policy, the higher the premiums, so it really is worth starting young.
You may well end up saving money if you choose a policy which caters for your specific needs. For example, if you are a senior citizen, taking out a tailor-made over 65s health insurance policy may work out cheaper for you than a regular health insurance policy. Likewise, if you plan to insure your whole family, purchasing a specific family health insurance fan would be cheaper than purchasing single policies for each individual member of the family.
Another good way to get a discount is to opt to pay an excess fee, meaning you will be eligible to pay for the first agreed amount for the treatment, with your policy paying the rest. The higher the excess, the lower the cost of the premiums to you.
*All information displayed in this table is subject to change. Please consult individual insurers for terms and conditions.
