Although premiums are affected by numerous factors, there are specific tactics that policyholders can utilize to potentially lower their PLI premiums. 

Invest in Your Health: Maintaining a healthy lifestyle with regular exercise, a balanced diet, and responsible habits like non-smoking can significantly reduce your premiums.

Start Young, Reap Benefits: Initiating your High value PLI  policy at a younger age, preferably in your 20s or 30s, translates to lower premiums for the entire policy term due to your reduced risk profile.

Kick the Habit, Save More: Quitting smoking is not only beneficial for your health but also your wallet. Smokers typically face higher premiums, so ditching the cigarettes can lead to considerable premium reductions.

Right Coverage, Right Cost: Carefully analyze your financial needs and dependents’ future requirements to determine the optimal sum assured. Avoid overpaying for excessive coverage that doesn’t align with your actual needs.

Term it Wisely: Choose a policy term that coincides with your key financial goals, like securing children’s education or a spouse’s financial stability. Extending the term unnecessarily can inflate your premiums.