Buy Health Insurance Policy Online

Exclusive

Wellness Benefits

24*7 Claims

Support

Tax Savings

u/s 80D

9000+ Cashless Hospitals PAN India

Pincode

+91 Enter Mobile Number

Try agian later

I agree to the Terms & Conditions

Port My Policy

Download Policy

(Incl 18% GST)

Benefits of Porting Health Insurance Policy

What is Health Insurance Portability?

Gone are the days when you had to wait till your policy expiry date to switch to another insurer. With the introduction of ‘Portability’ in health insurance, you can switch your insurance provider at any point in time without losing out on any of the benefits; Just like we can switch our telecommunications provider.

Team Digit

Reasons Why You Should Consider Porting Your Health Insurance Policy

Here are the 9 reasons why you should consider Porting your health insurance policy:

1. Get a Better Insurance Provider

Most of the time, the reason for porting is poor service of the insurance provider or dissatisfaction with their product. Portability serves you the opportunity of picking up a better insurer with better service and plan.

Now that you know what you are dissatisfied with, pick up an insurance provider that is an industry recognised for its services. Make sure to check their product thoroughly. Often, the dissatisfaction from an insurer is due to their sluggish claim settlement procedure. Hence, check out the claim settlement process.

2. Get a More Competitive Insurance Premium

Post Covid, many insurers increased their Health Insurance premium rates. So, even if you didn't make any claim in the past year, you would have seen your premium shot up during renewal. Thanks to the option of Portability, you are now not bound to pay that increased amount.

With the number of insurance providers growing each day and the increased competition in the market, the insurers are on their toes to gain customer base. Hence, they keep offering discounts and several other benefits.

When you port your insurance plan, there are high chances of receiving your desired benefits at a much lower premium than with your existing provider.

3. Switch to an Insurer With a Wide Network of Hospitals

A wider network of empanelled hospitals means a better availability of cashless service when we enter a hospital for any health emergency.

One might not always have finances available to handle a medical emergency and claim it later, as required in the reimbursement claims. However, the availability of a cashless claim ensures that the medical emergency doesn't hit our pockets even for the time being. We can thus, focus on taking care of health rather than worrying about arranging funds.

4. Option to Switch to an Insurer With a Better Claim Settlement Ratio

Now that you are porting your policy to a better insurance provider, make sure to check their Claim Ratio.

A Claim Settlement Ratio reflects the percentage of claims settled by an insurance company against the total number of claims received by it in a given period. A higher Claim Settlement Ratio ensures that a company is reliable in terms of settling claims. It is also a measure of the insurer’s trustworthiness and indicates their customer centric approach.

By selecting an insurer with a high Claim Settlement Ratio, you can be assured of a swift claim settlement process in times of need.

5. Carry Forward Your Accumulated Cumulative Bonus

A Cumulative Bonus is your reward for staying healthy, and you are not required to give up on that reward during porting. This feature being one of the major features of porting, your Cumulative Bonus gets added to your new health insurance policy.

6. Enjoy the Continuity Benefit on Your Waiting Period

Certain specific illnesses and pre-existing diseases require the individual to complete a stipulated waiting period before they can avail the benefits of health insurance coverage. One of the biggest advantages of porting is that you can avail a better policy without even affecting your waiting period. For example, the waiting period for Specific Illness in your current policy is 2 years, and you have completed 1 years. Now, when you port your policy, you need to complete just one more year with the new insurance provider.

7. Ability to Customise Your Policy

With Portability, you get the option to customise your new policy to suit your needs better. So now you can change the nominee, increase the sum insured and change your plan to focus on a specific disease if need be. Any of these customisations can be done while switching your policy from one insurer to the other. However, this feature largely depends on your insurance provider.

8. Get Better Features Suited to Your Requirements

Similar plans with different insurers might differ in the features they offer. Some might provide a certain feature like No Room Rent Capping, Road Ambulance Cover and some other might provide other features like Air Ambulance Cover or Restoration Benefit. Portability gives you the opportunity to consider your options carefully and then finalise that suits your requirements the best.

9. Your Chance to Avail a More Transparent Service Provider

One of the most frequent points of dissatisfaction among the insurance seekers is that they feel their insurer has hidden clauses and conditions, more so when you have had some claim instances with them. Now that you are porting, you get a chance to research and choose a provider that has transparent practices and clauses. Choose a provider that is more digital in their approach. This ensures a better transparency and a smoother service experience.

Thus, Portability is a great feature that helps you choose a health insurance plan that is best suited to your health requirements, while keeping your health coverage uninterrupted.

When Should I Start the Process of Porting my Health Insurance?

While you can start your research for deciding on another insurance provider at any time of the year, you can port your policy only when its due for renewal. You cannot port it if it has crossed the date of expiry.

The ideal recommended time to start this process is at least 45 days in advance when your policy is due for renewal, so that it is ported to the new insurer, well in time.

FAQs on Benefits of Porting Health Insurance Policy

All

Can I port my health insurance policy at any time of the year?

No, you can port your health insurance policy only at the time of the renewal of the old policy.

When should I apply for Porting my insurance policy?

You should apply for porting at least 45 days prior to the expiry of your existing health insurance policy, to ensure that it is done in time and without any hassle.

Do I need to undergo my medical examinations again during Porting?

It completely depends on your new insurance provider and their underwriting process.

Can I port my health insurance policy online?

Absolutely yes. Most insurance providers give an option on their website to port your insurance policy to their company.

What kind of policies are eligible for porting?

Portability is applicable on all kind of health insurance policies: individual, family floater and also the group insurance policies. However, you must check with your new insurance provider for complete details.

If I’ve already taken a life insurance policy, should I still care about porting my health insurance?

Yes, absolutely. Life insurance protects your family after death, but health insurance handles hospital bills while you’re alive. Porting helps if you're unhappy with the service or benefits, as it's smart to improve coverage without losing waiting period credits.

I had a critical illness. Can I still port health insurance or buy term insurance?

You can port, but the new insurer will review your health again and may accept or decline. For term insurance, the same applies; premiums may be higher or coverage limited. Always disclose your health history honestly.

Important Tips Related to Health Insurance

Health Tips for Women

How to Choose a Health Insurance Policy in India?

Right Age to Buy a Health Insurance Policy

Benefits of Group Health Insurance

Right Time to Buy a Health Insurance Policy

How to Choose the Best Health Policy for Senior Citizens?

Staying healthy during the quarantine

Risks of Not Buying a Health Insurance Plan

Factors That Affect Health Insurance Premium

How Does Age Affect Your Health Insurance Premium?

What Happens if You Don’t Renew Your Health Insurance Policy on Time

Common Mistakes to Avoid While Purchasing Health Insurance

Myths About Health Insurance for Senior Citizens

Why Do Women Need to Buy a Separate Health Insurance?

Important Terms to Know Before Buying Health Insurance

Role of Artificial Intelligence in Health Insurance

What to Check When Porting Your Health Insurance Policy?

Do's and Don'ts of Buying a Health Insurance Policy

Pros & Cons of Having Multiple Health Insurance Policies

Secure Your Savings by Investing in Health Insurance

Can You Renew Expired Health Insurance Policy Online?

Why Is Health Insurance Important for Low and Middle-Income Groups?

How to Increase Your Health Insurance Cover Without Paying a Higher Premium?

How to Review Health Insurance Policy Document?

Benefits of Upgrading Your Health Insurance Policy

Important Changes to Make in Your Health Insurance Plan After Marriage

What to do When Your Health Insurance Claim is Rejected?

Medical Inflation in India

What to Keep in Mind When Adding Your Children to Health Insurance?

How to Choose Between Long-Term and Short-Term Health Insurance?

Pros & Cons of Family Floater Health Insurance

Benefits of Porting Health Insurance Policy

More articles related to Health Insurance

Domiciliary Hospitalization Cover

Group COVID Insurance for SME's Industries & Companies | Digit

Health Insurance Tax Benefits for Senior Citizens

Mental Health Insurance

Air Ambulance Cover in Health Insurance

Benefits of Critical Illness Cover

Health Insurance Glossary India: Terminology, Terms and Definitions

Senior Citizen Health Insurance

GMC and GPA in Health Insurance Policy

Coinsurance vs Copay vs Deductible

Myths about Health Insurance

Increase of Health Insurance Premium on Renewal

What is ABHA Card

What is Health Insurance?

Difference between Mediclaim and Health Insurance

Copay in Health Insurance

Pre & Post Hospitalization Expenses in Health Insurance

Health Insurance with Cancer Cover

Health Insurance for Vector Borne Diseases & COVID-19 Online

Life Insurance vs Health Insurance

Health Insurance for Vector Borne Diseases & COVID-19 Online

Indemnity Health Insurance

Health Insurance Plans for Family

Cooling-off Period in Health Insurance

Add-Ons in Health Insurance Policy

Consumables Cover in Health Insurance

Waiting Period vs Survival Period in Health Insurance

TPA in Health Insurance

Types of Health Insurance Plans

Health Insurance for Parents

Reimbursement Claims in Health Insurance

What to do if you are tested Positive for COVID-19?

Health Insurance Non-Medical Expenses

Critical Illness Health Insurance Cover

Grace Period in Health Insurance

Waiting Period in Health Insurance

Road Ambulance Health Insurance

Nominee in Health Insurance

Health Tips & Guides

Anywhere Cashless Hospitals - Hassle Free Hospitalization Anywhere in India

Day Care Treatment in Health Insurance

Health Insurance Premium Calculator

Health Insurance for Disabled Person

Yoga Asanas & Exercises for Better Lifestyle

Is Dental Covered in Health Insurance?

Zone Based Health Insurance in India

Health Insurance for Government Employees

Health Insurance for Smokers

Restoration Benefit in Health Insurance

Check Health Claim Status Online Instantly

Comprehensive Health Insurance

Compare Health Insurance

Coronavirus Cover: Health Insurance for Coronavirus Treatment

Healthy Lifestyle

Health Insurance for Self Employed/Freelancer

Types of Health Insurance Claims

Benefits of Health Insurance

Reason to Buy Seperate Health Insurance for Parents

Daily Hospital Cash Benefit in Health Insurance

Health Insurance on EMI

Health Insurance for Mother

PED in Health Insurance

Cashless Health Insurance

How to Port Health Insurance?

Health Insurance Tips

Moratorium Underwriting vs Full Medical Underwriting

Government Insurance Schemes

Loading in Health Insurance

AYUSH Health Insurance Benefits

Health Insurance Tax Benefits

Super Top-up Health Insurance for Employees Retiring Soon

Personal Accident Insurance

Super Top-up Health Insurance for Senior Citizens in India - Check Prices

Sum Insured in Health Insurance

What is Long-term Health Insurance? Features & Benefits Explained

Individual Health Insurance

Term Insurance vs Health Insurance

Health Insurance for Diabetes Patients

Corona Kavach Policy: Buy COVID Kavach Health Insurance Online

File Health Claims Online on Digit App

Health Insurance After Retirement

Organ Transplant Cover in Health Insurance

List of Excluded Hospitals

Family Floater vs Individual Health Insurance

How to Choose the Right Sum Insured in Health Insurance?

Room Rent Capping in Health Insurance

How to Reduce your Health Insurance Premium?

Check Digit Health Insurance Claims Status on Digit App

Family Floater Health Insurance

Cumulative Bonus in Health Insurance

Download your Health e-Card

Wellness Benefits with Digit Health Insurance

City

Inpatient vs Outpatient Hospitalisation

Health Insurance with Free Medical Check Up

Deductible in Health Insurance

List of Excluded Hospitals

Maternity Health Insurance

Indemnity Based vs Fixed Benefits Health Insurance

Maternity Coverage with No Waiting Period

GHC

Health Insurance Bariatric Surgery Cover

Super Top up Health Insurance

Cataract Health Insurance

Best Health Insurance Policy

Corona Rakshak Policy Online: Health Insurance for COVID-19 in India

Arogya Sanjeevani Policy

Health Insurance OPD Cover

Coronavirus Health Insurance: COVID-19 Insurance Policy in India

Government Health Insurance Scheme

Health Insurance for NRI Parents

Exclusions in Health Insurance

Sub Limit in Health Insurance

Health Insurance for Disabled & HIV/AIDS Patients: Check Coverage and Benefits

Terminal Illness vs Critical Illness

Health Insurance Plan that Covers Infertility Treatments

Health Insurance Options for Retirees

Check Pending Challan only on Digit App

Install

Check Pending Challan only on Digit App

Latest News

Currently there are no news to show.

Renew & Download Policy Document, Check Challan, Credit Score, PUC & more

60K+ Reviews

4.8

Rated App

60K+ Reviews

12K+ Reviews

4.3

Rated App

12K+ Reviews

Download the App

CIN: L66010PN2016PLC167410, IRDAI Reg. No. 158.

Go Digit General Insurance Limited | Corporate Office Address: Atlantis, 95, 4th B Cross Road, Koramangala Industrial Layout, 5th Block, Bengaluru 560095 | Registered Office Address: 1 to 6 floors, Ananta One (AR One), Pride Hotel Lane, Narveer Tanaji Wadi, Shivaji Nagar, Pune-411005, Maharashtra | Trade logo of Go Digit General Insurance Ltd. displayed above belongs to Go Digit lnfoworks Services Private Limited and is provided and used by Go Digit General Insurance Ltd. under license.