the Qs
the Qs

I want to change my health insurance but don’t want to lose benefits. Can I transfer my policy to another provider?

Insurance
Insurance Q
Yes, it is possible to change your insurer from one company to another through something called insurance porting. You can get the portability form from your existing insurer, fill it up and submit. Next, request the claim history form from your current insurance provider, which you can submit to the new insurer so that they get more idea about your risk profile. Check with the new insurer for any additional required documents and submit them. Benefits remain the same, but there may be changes in premium amount, claim processing time, and other coverages. Ensure to verify all these details with the new insurer before switching.
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the Qs

I want to change my health insurance but don’t want to lose benefits. Can I transfer my policy to another provider?

Yes, it is possible to change your insurer from one company to another through something called insurance porting. You can get the portability form from your existing insurer, fill it up and submit. Next, request the claim history form from your current insurance provider, which you can submit to the new insurer so that they get more idea about your risk profile. Check with the new insurer for any additional required documents and submit them. Benefits remain the same, but there may be changes in premium amount, claim processing time, and other coverages. Ensure to verify all these details with the new insurer before switching.
Rectangle 5937

Wait..would you like to get more like this?

Join 12,000+ readers who receive our insights decoding Personal Finance twice a week, so you can make the most out of your money.
No Spam. Only Finance
No Spam. Only Finance

Recent Posts

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ULIPs combine insurance and investment, but hidden charges significantly lower returns compared to mutual funds. Understand IRDAI’s new restrictions on promoting ULIPs as investment products.

Tax rates of G20 Countries and India’s Global Standing.

Exploring the highest and lowest income tax rates across G20 countries and discovering how different nations tax their citizens, with India's highest rate at 30%.

Index Funds

Index funds make investing easy by tracking a market index, helping your money grow steadily. They offer lower fees and built-in diversification, providing a simple way to build long-term wealth.

Can you explain the major changes in capital gains taxation from the Budget 2024? I’m trying to figure out how these updates will impact my investments.

How much emergency fund should I have, and where to save it? Should I keep it in a separate account or invest?

Honestly, on the conservative side, one should have at least 12 months worth of living expenses as emergency savings and you cannot just create this once and forget about it.…

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Why join Dime's Tax Strategy Masterclass?

Comprehensive

Practical

Case Studies

This isn’t a normal masterclass. You will get a comprehensive hands-on experience of various “Tax Strategies” with our proven case-study based approach.

Get access to in-house built powerful Old vs. New Tax regime calculator, tax handouts, and more.
Thousands have benefited you can too!
Enroll Now

2000+ People have already saved Taxes