Absolutely, you can transfer your parents' existing health insurance policy to another insurance company. However, it's important to note that porting is not as simple as it might seem. Before you proceed with the portability of the policy, there are several crucial factors you should be aware of. You can read about them in this article: https://www.beshak.org/insurance/health-insurance/articles/portability-and-migration-of-health-insurance-policy/
Hello Hitesh,
Absolutely, you can transfer your parents' existing health insurance policy to another insurance company. However, it's important to note that porting is not as simple as it might seem. Before you proceed with the portability of the policy, there are several crucial factors you should be aware of. You can read about them in this article: https://www.beshak.org/insurance/health-insurance/articles/portability-and-migration-of-health-insurance-policy/
Hope this helps. Thank you!