17th December 2019 - 2 min read
There are a few factors to consider when it comes to getting yourself a medical insurance policy. Things like the list of benefits covered are important, but how much do you know about the annual and lifetime limits on your medical insurance plan – and how they impact the policy overall? Besides affecting the coverage amount of your insurance policy, annual and lifetime limits play a part on the price of your premium as well.
Find out more about annual limits, lifetime limits, and how they relate to your medical insurance policy below.
As you can see, the limits on your medical insurance plan affect how much coverage you get as well as the price of your premium. If you want a higher coverage, you can go for a plan like Gibraltar BSN Smart Health Plus that has high annual limits and no lifetime limit. If affordability is more of a priority for you, you can opt for the Gibraltar BSN Smart Health instead. The Smart Health policy offers four different plans, each with the same benefits but with different annual and lifetime limits, so you can choose the one that best matches your needs.
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