The end of the year is the time when insurance companies in Spain update their prices for the following year.
And right now you can change the package, switch to annual or monthly payment, or even cancel the policy.
And many people think:
“Why pay if I hardly used it?🤔
In fact, if you haven't used it, that's great, you're healthy ❤️
But this is definitely not a reason to cancel the policy.
Here are 3 reasons why you should leave him/her 👇
1. Waiting period.
When you first apply for insurance, some services (surgery, hospitalization, complex examinations, etc.) are available only 6–12 months after application - this is the waiting period.
If you have already been insured for a year, all these periods have passed.
After closing the policy and opening a new one, you will have to wait again.
2. The true value of insurance.
Sometimes clients say: "We hardly used the policy last year. Why pay?"«
Understand: Insurance is not a gym membership that you have to use every day. It is a RISK MANAGEMENT tool.
Example: You don't cancel your car insurance just because you didn't get into an accident.
Reality: Waiting periods in public hospitals can be years, and the cost of treatment in private clinics without insurance (especially intensive care or complex surgery) can reach tens of thousands of euros. Your policy will cover these costs, giving you peace of mind and access to the best medicine without ruining your family.
3️⃣ New policy = new risks
After cancellation, everything starts from scratch:
– again,
– a new health declaration.
And if you have diagnoses (hypertension, diabetes, fibroids, etc.) - the new insurance may not accept or exclude these diseases from coverage.
💡 Wise decision:
Don't rush to cancel!
Talk to your agent - maybe you can:
– change the package to a cheaper one,
– switch to annual payment (gives a discount of up to 7%).
– switch to a package with additional payments.
Keep your experience and full coverage — it's more valuable than a small savings 💚