3. Claim Loading Gives Way to No-Claim Bonus
These new-age health insurers have also chosen not to compel premium hikes just because there were claims made in the past year. This picture is considered unfair by many as it rebukes policyholders for taking the very step they have bought the policy for. Apart from it, some insurers have begun shifting focus from such prohibitive tools to a friendlier practice of offering incentives by way of no claim discounts to ensure effective claim management.
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