A comprehensive guide to health insurance portability and its benefits


10 Aug 2023

Understanding Health Insurance Portability: What You Need to Know

As life brings about changes, such as job transitions, relocation or a need for better coverage, health insurance portability emerges as a valuable solution. Health insurance is a crucial aspect of modern life, providing financial protection and access to quality healthcare services.

Understanding health insurance portability:

The portability feature was introduced in the health insurance industry to empower consumers, ultimately leading to better services and improved coverage options. Health insurance portability refers to the ability of an individual to switch from one health insurance plan to another without losing the accrued benefits or coverage. It allows policyholders to transfer their existing health insurance policy while retaining certain benefits such as waiting period served, no-claim bonus, and pre-existing condition coverage.

Benefits of health insurance portability

  • Continuity of coverage

Life is full of uncertainties and a situation might arise where a policyholder needs to change their insurance provider. One of the most significant advantages of portability is that it ensures continuity of coverage. Health insurance portability allows individuals to seamlessly transfer their policy, ensuring they remain protected against medical expenses with minimal disruptions.

  • No loss of accumulated benefits

Individuals often worry about losing the benefits they have accumulated under their existing policy. With portability, they can carry forward benefits like a no-claim bonus, which rewards them for not making any claims during the policy term, and waiting periods already served for specific illnesses.

  • Access to better coverage

As the healthcare landscape evolves, new and improved insurance products enter the market. Health insurance portability allows them to explore better coverage options and make an informed choice.

  • Flexibility and customization

Portability gives policyholders the flexibility to customize their coverage as per their changing needs. They can select add-ons, change the sum insured and choose the plans to suit their preferences. Different individuals have diverse healthcare requirements, and a one-size-fits-all approach seldom suffices.

  • Hassle-free switching

Health insurance portability has made the process of switching insurers hassle-free. Previously, individuals were reluctant to change providers due to the complexities involved. However, the Insurance Regulatory and Development Authority of India (IRDAI) has laid down guidelines to streamline the portability process, ensuring a smooth transition for policyholders.

  • Transfer of waiting periods

With health insurance portability, policyholders can transfer the waiting periods already served under their previous policy to the new one. Waiting periods are specific durations during which certain illnesses or treatments are not covered by insurance. This saves them from restarting the waiting period afresh.

  • Additional benefits

Incentives such as a cummulative bonus or premium discounts make porting an even more attractive option for policyholders.

Eligibility of health insurance portability:

While health insurance portability offers numerous benefits, there are certain eligibility criteria and a specific process to follow:


  • The policyholder must have an existing health insurance policy.

  • The policy must have been continuously renewed without any breaks.

  • The policyholder can apply for portability prior to expiry of previous policy.

The final note

In conclusion, health insurance portability is a valuable feature that empowers policyholders to make informed decisions about their healthcare coverage. It ensures continuity of coverage, allows the transfer of benefits and provides access to better options. For individuals seeking enhanced coverage, check out our comprehensive health insurance for flexibility and affordable premium. Health insurance portability presents an opportunity to safeguard their health and financial well-being effectively.

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Team Kotak GIC

The content of this blog has been created and carefully reviewed by the esteemed team at Kotak General Insurance, with the sole purpose of providing valuable guidance and sharing insights on the importance of general insurance. Our objective is to assist users in making informed decisions when purchasing or renewing insurance policies for their cars, bikes, and health. Our expertly curated information aims to empower our readers with the knowledge they need to protect their valuable assets and financial interests.