What is the primary reason insurance companies impose waiting periods for certain illnesses? Option: "To increase profits by delaying claim payouts", "To encourage customers to adopt healthier lifestyles, "To ensure customers have a genuine need for insurance", "To protect themselves from customers who purchase policies after being diagnosed with a condition"

What is the primary reason insurance companies impose waiting periods for certain illnesses?

According to the regulator, what time frame defines a 'pre-existing disease' in health insurance?

Why do insurance companies implement co-payment clauses in their policies?

Why is it important to consider your health needs when choosing a health insurance plan?

What is the primary advantage of porting a health insurance policy over buying a new one?

What factors influence the calculation of insurance premiums?