Finding Rs 1 crore health insurance cover costly? A Rs 50k voluntary deduction can reduce premium by

https://img.etimg.com/photo/97121683.cmsIf you have a health insurance policy with a low sum insured, you face a big risk. A few years from now, the cost of treatment will, in all probability, be many times higher than your policy coverage. In such cases, you will end up paying the extra cost from your own pocket. On the other hand, if you go for bigger sum insured the premium is high because of which only few can afford. However, a voluntary deduction can bring down the premium. Here's how it works and whether you should go for it.

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