No Claims Discount Explained - UK Health Insurance :: Drewberry™

Welcome to our channel. In this video we explain what No Claims Discounts are.

🔎 Understanding No Claims Discounts
It’s well known that making a claim on your Private Health Insurance can increase the cost of premiums when it comes to renewal. If you haven’t had to make any claims on your policy, insurers tend to offer a No Claims Discount. It's important to understand this policy feature as it could result in make a policy more cost effective.

We asked Independent Protection Expert, Alex Weir, what this means. And it’s simple... It does what it says on the tin. Alex explains it in a little more detail in this video; find out more about the scale of premium costs and how it works.

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- Timestamp --

00:00 What Is No Claims Discount?
00:10 Introductory Discount
00:25 No Claims Discount Scale
00:30 Impact Of Making A Claim On No Claims Discount

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