MUMBAI: Health insurance policies Holder now easily change the companies without any fear of losing advantages of 'no claim' keep record or out of concerns that to wait some time before they are covered for certain health conditions may be.
Insurance regulator has said that pre-existing illness insurance policyholders and the bonus amount from an insurance company in terms of the waiting period for insurance be allowed to transfer credits.
Insurance Regulatory and Development Authority on Thursday that health insurance will be effective from July 1, 2011 and will apply to life and general insurance companies have issued guidelines on portability.
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