Age-based discount definition

Age-based discount means a discount offered on selected hospital policies for persons and/or their partners aged between 18 and 29. The discount is two per cent for each year that the person is aged under 30, to a maximum of 10 per cent. Providing the person remains on an applicable hospital cover, they are entitled to the discount until they turn 41 at which time the discount will decrease at the rate of two per cent per year for up to five years, so that no age-based discounts are available after the age of 45.
Age-based discount means a discount offered on selected hospital policies for persons and/ or their partners aged between 18 and 29. The discount is two per cent for each year that the person is aged under 30, to a maximum of ten per cent. Providing the person remains on an applicable hospital cover, they are
Age-based discount means a discount on Hospital Cover contributions for an Age- based Discount Policy.

More Definitions of Age-based discount

Age-based discount means a discount which may be applied to an eligible person as defined in the Private Health Insurance (Complying Product) Rules.

Related to Age-based discount