Switching of Health Insurance
23 Feb, 2022 by Madhav
Need your thought on selecting my Health insurance Family floater poliicy.
For the past 10 years i have been holding Royal sundaram health insurance policy and now considering the benefits of Niva bupa Reassure i am considering to switch from Royal sundaram to Niva Bupa Reassure plan by covering my entire family and increasing my sum insured.
Wanted to hear from what is the pro and cons for switching from existing to new insurer and i do have an pre-existing disease. My age is 36 years and i am the first applicant for the proposed policy.
Can you please share your thoughts on this?
Two points to keep in mind:
1) when you increase sum insured while porting the policy, porting benefits are limited to the original policy being ported.
2) disclose all pre existing conditions, even the ones which you had 10 years ago, while taking the policy, so that the new insurance company can take a decision whether to underwrite your case or not.