How to Quickly Reduce Monthly Insurance Expenses

1. Submit an application to switch from the 'Surgery Coverage from the First Penny' section to the 'Additional Health Services Supplementary Coverage' section without a health declaration. It is important to remember this requires Additional Health Services coverage with Kupat Cholim, like Maccabi Zahav or Clalit Mushlam for instance.

2. Check if several years have passed since the purchase of life insurance or mortgage life insurance, and contact the insurance company to demand a discount (without filling out a health declaration). You may also switch over to a cheaper company and fill out a new health declaration. It is important to remember that life insurance does not cover suicide in the first year.

3. Check if the discounts you had on various existing insurances are still valid: personal accidents, serious illness and health insurance, and contact the insurance company to ask for a discount (without a health declaration).

The action that will most significantly reduce your monthly expenses will be meeting with a professional, reliable insurance agent who can go over all the components of your insurance and insurance and pension portfolio, and provide recommendations and explanations on ways to reduce insurance costs and how to implement them.

· It is important to consult with a loyal, reliable professional before making changes, to avoid mistakes and cancel insurance with terms that are no longer available.