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›Porting to new health insurer: When to leave existing insurer, what the move entails, when you can t shift Porting to new health insurer: When to leave existing insurer, what the move entails, when you can t shift SECTIONS Porting to new health insurer: When to leave existing insurer, what the move entails, when you can t shiftBy Share Synopsis You may want to move to a better insurer, but it is not necessary that your application will be accepted by the new insurer. Find out when you should leave your existing health insurer, what the move entails and under what circumstances you may not be able to shift. ....
Health insurance premiums are set to rise: 10 strategies, discounts that can bring down mediclaim costs SECTIONS Health insurance premiums are set to rise: 10 strategies, discounts that can bring down mediclaim costsBy Share Synopsis While you may not be able to curb the surging cost, there are various smart strategies, options and discounts, which if availed of, can lower the premium significantly. By availing of discounts and smart options, you can bring down the cost of health insurance. Getty Images With Covid on the rampage and claims likely to shoot up in the coming months, health insurance premiums are predicted to rise. This may be a one-off reason, but have you wondered why you keep paying more for your health cover at renewal? Among the various factors, insurers are allowed to review and revise costs every 3-4 years while phasing out old products and introducing new ones, as well as due to the high health-care inflation. The other reasons for ....
Synopsis There are many comorbidities which are becoming critical in case of covid infections and insurers have also increased their testing to identify such diseases while issuing new policies. Getty Images Wait longer for new life and health insurance plans It has become rather difficult to buy life or health insurance policies instantly for those who have recovered from the novel coronavirus. That is because many insurance companies require a cooling off or waiting period of one to three months if a covid survivor is applying for a health or life insurance policy. Further, you may have to go for additional medical tests as well. ....