The premium for critical illness is not guaranteed. The insurance company can increase the premium, based on future claim experience. It will apply to existing critical illness policies taken during the past few years. Policies taken before do not have the adjustment clause.
If the claim experience is good, the insurance company does not reduce the premium. If you take a participating policy, you may enjoy a higher rate of bonus. This depends on whether the insurance company keep its expenses low and shares its surplus fairly with its policyholders.
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