Is it advisable to pay for medical insurance in instalments?

With increased understanding of the importance of having adequate health insurance coverage, particularly after covid

People have begun purchasing higher covers, typically costing between 10 lakh and 1 crore

2 year and 3 year policies with great discount are also becoming popular

But the impact of these changes leads to loss of average premium

Under these conditions there are four payment options to choose from i.e monthly, quarterly, half-yearly and annually

This policy will offer hospitalisation insurance starting at 3 lakhs sum assured and up to 5 lakhs

4 Things to ask before buying any Term Plan