Published: 09th July 2024
By: Value Research
When a policy is withdrawn, it is discontinued and is not available for new purchases. Here's what you can do when it happens.
You can migrate to a new policy offered as a replacement by your insurer, or to an altogether different policy of your choice by the same insurer.
Alternatively, you can move to a new insurance policy with a different insurer. This may require relatively more paperwork than migration.
Does migration or porting involve any charges? Can you retain the benefits of your old policy like reduced waiting period and more? Read the details in our story. Click the link below: