HEALTH INSURANCE
THINGS TO KNOW BEFORE PORTING YOUR POLICY
Published By MintGenie Team | 30 Nov, 2023
Rising Concern Over Health Insurance
Surging pneumonia cases prompt a reevaluation of health insurance needs.
Credit : UNSPLASH
Increased Health Insurance Transfers
Awareness leads to a surge in people switching to alternative health insurance providers.
Credit : UNSPLASH
15-Day Free Look Period
The limited timeframe might not fully inform policyholders about potential policy drawbacks.
Credit : UNSPLASH
Understanding Health Insurance Portability
IRDAI initiative allows transferring health insurance seamlessly to another insurer.
Credit : PEXELS
Transfer Process and Flexibility
Submission of porting requests, required documents, and its extension to all policy types.
Credit : PEXELS
Benefits of Transferring Health Insurance
Preserving accrued benefits, improved coverage, and better service providers.
Credit : PEXELS
Personalizing Coverage and Supplementary Benefits
Tailoring policies to specific needs and availing of additional insurer benefits.
Credit : PIXABAY
Ensuring Continuous Coverage
Avoiding lapses in protection and safeguarding against unforeseen medical expenses.
Credit : UNSPLASH
Drawbacks of Health Insurance Portability
Renewal period limitations, policy type restrictions, and potential premium hikes.
Credit : UNSPLASH
Considerations for Porting Health Insurance
Assessing benefits, potential losses, waiting periods, and overall policy impact before switching insurers.
Credit : UNSPLASH
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