Don't port your health insurance policy just for the sake of lower premium

Within a few years of buying a health insurance policy, people often find that it has a number of shortcomings. They then wish to port to a policy that offers better features and add-ons. Sometimes people also port on account of a bad claim experience or a higher premium price. Insurers say that 8-18 per cent by value of the policy proposals they receive are for porting. When a person applies for porting to a new company, it is quite possible that the latter may consider the proposal as unfavourable and decline the request. In that case, the policyholder will have to stick to his old ins.....

Key stories on business-standard.com are available to premium subscribers only.

Already a premium subscriber?

Subscribe to get an across device (Website, Mobile Web, Iphone, Ipad, and Android Phone applications) access to Premium content, Breaking News alerts, Industry Newsletters, Stock and Corporate news alerts, access to Archives and a lot more.

Most Read

Top Stories

Markets

Companies

Opinion

Latest News

Todays Paper

News you can use

Outbrain