Health Insurance Portability:

New Delhi:

Health Insurance Portability: Nowadays it has become necessary for everyone to invest in Helath Policy.

But many times it happens that without knowing much about the health policy, we invest in it.

Due to which we have to bear the loss.

If you are not happy with the service of your existing health insurance policy or you are finding it high to pay the premium of your health policy or you are facing difficulty in claiming it, then you do not have to worry anymore.

Here we are going to tell you an easy way to do Portability of Health Insurance, through which you can port your policy to another health policy like a mobile number.

So let's know about it...

Due to these reasons health insurance port has to be done

Through Health Insurance Portability, you can switch your health policy from one insurance company to another.

The policyholder does not have to pay any charge for porting the health policy from one insurance company to another.

There can be many reasons for Port Existing Health Policy.

These include low coverage, high premium, poor service or additional benefits from the insurance company. 

 Do port at the time of renewal of health policy

Let us tell you that portability of all types of health policies is not possible.

You can port a general or specialized insurance company's policy to another general or specialized insurance company.

A policyholder can port only the Reimbursement Health Plan to another Reimbursement plan or can port one Health Policy top up plan to another top up plan.

But you cannot port the health policy during the policy period.

Therefore, keeping in mind that you should get the policy ported at the time of renewal.

You can port both family and individual health policies.

Here we are going to tell you the complete process of health insurance portability…

  • For this, first of all, you have to apply to the new insurance company in which you have to port your health policy, 45 days before the date of policy renewal.

  • After which the proposal and portability form will be sent to you from the new company.

  • In this, you will have to fill the details like name, phone number, email etc. of the policyholder.

  • After which the new insurance company will contact your existing health policy company.

  • If the new insurance company wants to know about the details related to your existing policy like claim history, medical records etc., then it can get this information by taking the help of IRDAI website.

  • Health insurance portability can be put on hold if complete information about your policy is not available on the Common Data Sharing Portal of IRDAI.

  • On the other hand, if the new insurance company gets the necessary documents, then within 15 days you are informed about the acceptance or rejection of the health insurance portability request.

Know what are the benefits of Health Insurance Portability

On porting the insurance, the policyholder gets an opportunity to choose a policy according to his changing needs, which gives him better cover and benefits.

At the same time, on porting the insurance, the sum insured and no claim bonus of the policyholder is also added to the new health insurance policy.

For example, if you have taken a new health insurance cover of 10 lakhs and the sum insured of your old policy was 5 lakhs and you got a no claim bonus of 15 thousand rupees, then on porting the insurance, the total amount of the new policy will be 15 lakhs,15 will be thousand rupees