Policyholders can now switch insurer and carry the benefits of the previous health insurance policy. The Insurance Regulatory and Development Authority (Irda) today allowed portability of health insurance products. It will be applicable for all existing and new contracts from July.
Irda had asked insurance companies to allow policyholders to carry forward the credit gained for pre-existing conditions in terms of waiting period when he or she switches from one insurer to another or from
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