Wednesday, December 24, 2008

Portability of the Healthinsurance policy is coming

Yes,portability of the Healthinsurance policy is coming.It maens you can cahnge the insurance co when it comes to renewal.We feel this will be of help to those who are in the lower or younger age group.Even today this group has no difficulty.

The question arises -will it help those who are in 60+ age group.We doubt it will be so as the premium variation and different policies with respect to "No Claim Bonus" will be a stopping factor.

2 comments:

Unknown said...

Can you just throw a light on how many insurance companies already have a portable product on their racks?

Suresh Kumar Sethi said...

Portability has been in existance among all co's.Only thing what they have followed is if it is claim free case or the age is less
then thay accept it happily.

A person who is 65 yrs and who lodged a claim during the year has no chance of portability even now and even in future.