Advantages of sticking to one Insurance company for a long time?

If you stick to one insurance company for a long time, you will be able to enjoy the following benefits;

  • It will make it easier for you to claim the continuity benefits
  • Certain ailments have a waiting period until which you cannot make any claims. Due to this condition, it is advisable to not change insurance providers frequently.
  • You can avail of benefits of all the accumulated bonuses that offer you additional coverage in addition to the sum insured.
  • The claim settlement is faster if you have had a long-term association with the insurance company.
  • Many insurance providers also offer discounts and special bonuses for their long term customers.