Should I subscribe to a multi-annual mutual fund?
Multi-year health insurance is a long-term alternative to annual health insurance. A multi-year policy, as the name suggests, will provide coverage for an extended term of two years or more. It generally allows policyholders to pay the premium for the next two or three years in one go when purchasing the policy, thus saving them from having to renew it every year. Although these policies have many advantages, you should also know that they also have certain limitations.