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What are the 4 things that you should consider when choosing insurance?

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in Insurance by (82.5k points)
What are the 4 things that you should consider when choosing insurance?

Enquiry is from Insurance subject matter

I have been asked this question in an interview.

Other related questions to my question are:

What are the 6 deciding factors for the insurance company to display the plans?

What is most important when choosing health insurance?

When deciding which insurance plan to use what are 5 things to consider as you compare different plans?

How do I choose the right insurance?

1 Answer

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by (393k points)
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Best answer
Correct answer for this question is: - Type of Plan and Provider Network.   

- Premiums.   

- Deductibles.   

- Co-pay or Coinsurance.   

- Coverage of Medicines.

The title of my answer can be 5 Things to Consider When Choosing Health Coverage

The heading of my answer is Benefits and Coverage (available from an insurance company), call the insurer directly or visit the insurer's website.

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