Navigating Health Insurance Portability in India: A Step-by-Step Process

Health insurance portability in India allows policyholders to switch insurers without losing important benefits like pre-existing condition coverage and waiting period credits. In 2024, the process begins by checking eligibility, followed by researching and comparing new plans. After choosing a policy, a portability request is submitted with necessary documentation. The new insurer then reviews and approves the application. Once approved, the transition is finalized with the payment of premiums, and existing benefits like no-claim bonuses are retained. Being aware of potential challenges can help ensure a smooth transfer between insurers.