You can change your car insurer and port the no-claim bonus from the old insurer to the new. But did you know you can port your health insurance policy too? You can change your insurer at the time of renewing your policy and port credits on waiting period and no-claim bonus.
“You should port a health insurance policy if it is very expensive or is laced with caveats such as caps on room rent,” said Abhishek Bondia, principal officer and managing director, SecureNow Insurance Broker Pvt. Ltd. Use the Mint SecureNow Mediclaim Ratings to analyse your policy (bit.ly/2b2GyQW) and read this to understand the basic features of a good health insurance policy (bit.ly/2aHY9yI).
And if you wish to port your policy, read on to know the process.