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Policy porting is the process of transferring an existing insurance policy to a new insurance provider while maintaining the terms and conditions of the original policy. It can be a useful option for policyholders who are unhappy with their current insurance provider or who are looking for a better deal. However, some insurance agents may take advantage of this process to sell policies that are not in the best interests of the policyholder. Save this post for future 💾 Follow @insurancesamadhan
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Stuck with a health insurance plan that doesn’t cover everything you need? 😥It’s time to port your policy! 🔁 What is Health Insurance Portability? - Switch your health insurance plan to another insurer without losing your existing accumulated benefits of waiting period, NCB (No-Claim Bonus) and continued coverage. 💡How to Port Your Policy: 1. Choose a new plan or insurer that better suits your needs. 2. Notify your current insurer at least 45 days before your renewal date. 3. Submit your port
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