Budgeting for insurance as we age

[expat1010]

I currently pay 126k baht annually for coverage for my wife and myself. I am 67 and she is 57. With the milestone of 70 soon approaching will I see a step change in my annual premium at 70 or should I just expect a normal annual increase?

[jeffandgop]

7 hours ago, expat1010 said:

I currently pay 126k baht annually for coverage for my wife and myself. I am 67 and she is 57. With the milestone of 70 soon approaching will I see a step change in my annual premium at 70 or should I just expect a normal annual increase?

No one can answer this question- you need to ask your insurance company.  Premiums are based on the type of policy, claim history, age, etc.

I can obtain a rate schedule from my insurance company for their various health plans and age. 70 years old may or may not be a premium increase from your current provider at that stage.  And what's a normal annual increase??

 

 

[JoePai]

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