Here’s when you can consider porting your health insurance policy

Rising premium prices, long unsettled claims, etc. are few possible reasons that can trigger porting your current insurance policy.

Health insurance is a key part of your financial portfolio. Quality of service matters a lot in this case. If a claim takes too long to settle or does not live up to its terms, consider switching.

Finding the correct life insurance policy entails calculating the actual financial needs of one's self and family members in the event of an emergency.

Additional cover may be denied due to underwriting limitations against any specific health issues which can be of concern to you.

If a new insurance provider offers better coverage for competitive premium price, you can consider switching.

Various insurers offer competitive premium rates in case of age caps for renewal, policy premium, limits on room rent and co-payment clauses, etc. You should look for the best combination and port well in time.

Insurance policy document often includes clauses that aren't customer friendly or simply not clear enough. The co-payment clause is one of these. It can create issues later.

It's always better to port for a transparent insurance policy that conveys terms and conditions very clearly.

Note that only alike insurance policies can be ported. Individual plan can be shifted to family floater but an Indemnity plan cannot be ported to critical illness plan.