Medical History

Pre-existing conditions or a history of health issues can raise insurance premiums

Financial History

A strong credit score and financial stability may lead to lower insurance rates

Mode of Premium Payment

Choosing annual payments over monthly instalments often reduces overall premium costs

Profession

High-risk jobs can result in higher premiums due to an increased likelihood of claims

Guaranteed Payout

Policies with guaranteed payouts typically come with higher premiums to cover the assured benefits