How to port your health insurance

Over a decade ago, the Insurance Regulatory and Development Authority of India (IRDAI) introduced the concept of 'portability' in health insurance. This move has enabled customers to shift their health insurance policy from one company to another without losing the benefit of the enhanced coverage that they may have been enjoying. One may wish to port one's policy because of three reasons: a bad experience with the health insurer, better coverage and a lower premium for the same benefits by another insurance company.

This article was originally published on June 22, 2022.