About this document
Niva Bupa Policy Discount Scale Explained by sehaladani is a document available to read on EtoBox.
Niva Bupa uses a Discount Scale to determine annual discount percentages based on claims made in the previous policy year, starting at Level 0. No claims result in a move up the scale for a higher discount, while claims impact the level negatively, with larger claims causing more significant reductions. The discount is applied to the renewal premium, which may still increase due to age and medical inflation.
- Author
- sehaladani
- Language
- EN