Suggested
Health Insurance
Invest in your health and stay protected
Coverage Highlights
Health insurance portability for youEnhanced Coverage
Transitioning to a policy that offers broader benefits or add-ons tailored to evolving health needs.
Cost Efficiency
Finding similar or superior coverage at a more affordable premium rate.
Service Quality
Switching insurers due to dissatisfaction with claim settlement or customer support.
Relocation
Moving to a region where the current insurer’s hospital network is limited.
Flexibility
Choosing a customisable policy that aligns better with personal or family health requirements.
Advantages
What’s covered?Continuity benefit
One of the greatest benefits of health insurance portability is that you don’t need to drop out of any provided benefits. You can enjoy the continuity of benefits.
Keep no claim bonus
The health insurance portability will let you keep your no claim bonus that reflects in your new insurance policy premium.
No effect on the waiting period:
The waiting period of your policies do not get affected at all when you port health insurance policy.
Disadvantages
What’s not covered?Health insurance portability during renewal
One of the drawbacks with health insurance policy portability is it can only be availed before the policy expiration date.
Limited plan changes:
You cannot make numerous changes in your plan after finalising the plan for health insurance portability. If you want to customise changes in the plan, the premiums and other terms and conditions will also be changed accordingly.
Higher premium for extensive coverage:
In case you want a higher coverage as compared to your previous plan, you will have to pay a higher premium after health insurance portability.
Additional Covers
What else can you get?Current Policy Expiry date
You cannot port your policy once it expires. Therefore, you have to be careful about the renewal date of your policy as you can only port it at the time of renewal. Moreover, you are supposed to notify the current insurer about the porting 45 days before the renewal date
Be honest to avoid rejections
You must maintain transparency with the new insurance provider. You are supposed to share all your medical history and claim history to avoid rejections from the insurance provider.
Similar plans with varying benefits
You need to remember that similar plans offered by different insurance companies can provide you with varying benefits. Hence, you need not assume things, rather be watchful while reading about the benefits.
Limits and Sub-limits
There is a certain cap on the claimable amount on each type of coverage of a health insurance policy. For example, the daily room rent could be capped to Rs. 3500. Hence, you need to check such limits when you port your policy. Before porting the policy, be sure that the limits and sub-limits are justifying for you.
Get instant access to policy details with a single click
Track, Manage & Thrive with Your All-In-One Health Companion
From fitness goals to medical records, manage your entire health journey in one place–track vitals, schedule appointments, and get personalised insights
Take Charge of Your Health & Earn Rewards–Start Today!
Be proactive about your health–set goals, track progress, and get discounts!
Your Personalised Health Journey Starts Here
Discover a health plan tailored just for you–get insights and achieve your wellness goals
Your Endurance, Seamlessly Connected
Experience integrated health management with us by connecting all aspects of your health in one place
Step-by-Step Guide
How to Buy
0
Visit Bajaj Allianz website
1
Enter personal details
2
Compare health insurance plans
3
Select suitable coverage
4
Check discounts & offers
5
Add optional benefits
6
Proceed to secure payment
7
Receive instant policy confirmation
How to Renew
0
Login to the app
1
Enter your current policy details
2
Review and update coverage if required
3
Check for renewal offers
4
Add or remove riders
5
Confirm details and proceed
6
Complete renewal payment online
7
Receive instant confirmation for your policy renewal
How to Claim
0
Notify Bajaj Allianz about the claim using app
1
Submit all the required documents
2
Choose cashless or reimbursement mode for your claim
3
Avail treatment and share required bills
4
Receive claim settlement after approval
How to Port
0
Check eligibility for porting
1
Compare new policy benefits
2
Apply before your current policy expires
3
Provide details of your existing policy
4
Undergo risk assessment by Bajaj Allianz
5
Receive approval from Bajaj Allianz
6
Pay the premium for your new policy
7
Receive policy documents & coverage details
Diverse more policies for different needs
Critical Illness Insurance
Health Claim by Direct Click
Personal Accident policy
Global Personal Guard Policy
Claim Motor On The Spot
Two-Wheeler Long Term Policy
24x7 Roadside/Spot assistance
Caringly Yours (Motor Insurance)
Travel Insurance Claim
Cashless Claim
24x7 Missed Facility
Filing a Travel Insurance Claim
My Home–All Risk Policy
Home Insurance Claim process
Home Insurance Simplified
Home Insurance Cover
Excellent Service
Bajaj Allianz provides excellent service with user-friendly platform that is simple to understand. Thanks to the team for serving customers with dedication and ensuring a seamless experience.
Amagond Vittappa Arakeri
Mumbai
27th Jul 2020
Swift Claim Settlement
I am extremely happy and satisfied with my claim settlement, which was approved within just two days—even in these challenging times of COVID-19.
Ashish Jhunjhunwala
Vadodara
27th Jul 2020
Quick Service
The speed at which my insurance copy was delivered during the lockdown was truly commendable. Hats off to the Bajaj Allianz team for their efficiency and commitment!
Sunita M Ahooja
Delhi
3rd Apr 2020
Outstanding Support
Excellent services during COVID-19 for your mediclaim cashless customers. You guys are COVID warriors, helping patients settle claims digitally during these challenging times.
Arun Sekhsaria
Mumbai
27th Jul 2020
Seamless Renewal Experience
I am truly delighted by the cooperation you have extended in facilitating the renewal of my Health Care Supreme Policy. Thank you very much!
Vikram Anil Kumar
Delhi
27th Jul 2020
Quick Claim Settlement
Good claim settlement service even during the lockdown. That’s why I sell Bajaj Allianz Health Policy to as many customers as possible.
Prithbi Singh Miyan
Mumbai
27th Jul 2020
Download Caringly Yours App!
To understand the concept of Health Insurance Portability we need to know what the word portable means. Portable is used for things that can be moved or carried easily. Insurance Portability here refers to the right that is accorded to the policyholder (including family cover).
This option can be used by the insured person to switch to a new insurance company from the current company. What prompts a person would change their insurance company? Several reasons account for the shift of insurance providers, including better offerings from a different insurance company.
Therefore, any person is given the right at the time of buying any insurance to make it easier for the buyer to avail better options offered by several companies. There are a bunch of Insurance companies available in the market, hence health insurance portability can be the best trump card for you.
When you port health insurance, you retain the benefits of your existing plan while accessing improved offerings. The key advantages include:
✅ Retention of Waiting Period Credit : Waiting periods for pre-existing conditions in your old policy are carried forward to the new insurer.
✅ Customisation : Opt for a policy with features and riders tailored to your current requirements.
✅ Access to Larger Networks : Switch to insurers offering cashless treatment across a broader hospital network.
✅ Cost Savings : Choose a plan with competitive premiums for better value.
✅ Improved Service : Upgrade to insurers with a superior claim settlement record or better customer support.
Bajaj Allianz General Insurance Company ensures a seamless health insurance portability process, enabling you to enhance your coverage effortlessly.
A health insurance policy acts as an investment that looks after your financial expenses in critical situations like medical emergencies. But when there are a bunch of insurance companies in the market, the buyer tends to wander which one to choose. Bajaj Allianz offers health Insurance Policies with underlisted benefits and coverage plans.
Benefits of Buying Health Insurance Policies from Bajaj Allianz
Coverage offered by Bajaj Allianz
Whenever you buy a Health Insurance Policy, there are different things that need to be understood clearly. There is a list mentioned below to know about the things that you can port in your Health Insurance Policy.
While availing for health insurance portability, submit the following documents to the Insurance company. Below is a list given, mentioning the required documents.
Though it is a right accorded to the policyholder to port the existing insurance policy to another insurance company, the process to do the same is a bit complex. Therefore, the portability process offered by Bajaj Allianz has been simplified to streamline your experience and ensure a smooth transition from one insurance company to another. You just need to follow the three-step procedure to port your health insurance policy.
Step 1 : Fill up the portability form with existing insurance details, including the insured person’s name and age.
Step 2 : Fill up the proposal form with complete details for the new insurance company.
Step 3 : Submit the relevant documents
The Health Insurance Portability, wherein first place gives you a right to port your existing insurance policy into another insurance company, it has a set of rules that need to be followed.
Though there exists no health insurance portability act as such that governs the switching of insurance companies, rather these rules and regulations are laid by the IRDA. Hence, both the insurance company and the policyholder are supposed to follow these defined rules while porting insurance policies.
● Type of Policy: The policyholder is supposed to port the insurance policy to only a similar type of policy. There is no possibility of making a drastic change in the coverage or the type of the policy during the portability process.
● Insurance Company: While making a switch from one insurance company to another, the policyholder needs to understand the difference between the life insurance company and a general insurance company.
The portability of a Health Insurance Policy can only be made if the person chooses a similar type of insurance company. Such explanations come under the duties of the existing and probable insurance company.
● Response From The Current Insurance Company: The current insurer is allowed to take a period of three days to acknowledge the portability request of the policyholder.
● Porting Fees: Neither the existing insurer nor the new one can charge a fee for porting a health insurance policy. This is one of the rules laid by the IRDA in the case of health insurance portability.
● Grace Period: The policyholder is accorded the right to availing an additional grace period when the application of health insurance portability is going under process.
A period of 30 days is given during which the policyholder would have to pay the premium on a pro-rata basis. Therefore, the premium charged will be calculated on the basis of the number of days that the old policy is active.
● Sum Insured and Extent of Coverage: The policyholder has the right to increase the sum insured and the extent of coverage of the new policy. But this entirely depends on the insurance company and their approval.
● Gaps: If there are any gaps in the policy renewals, that policy cannot be ported to another company. Gaps in the existing policy is a big red flag for all sorts of insurance companies towards restricting the customer’s access towards their services.
Therefore, there should be no gaps in the renewal of your policy at the time of health insurance portability.
● Informing the Insurance Company: The policyholder is required to write down to the current insurance company and inform them about the switch. This notification is to be made 45 days before the renewal date of the existing insurance plan.
● Changes In Premium: The premiums of any health insurance policy are fixed by the insurance company based on multiple factors. While making the switch from your old insurance company you might have to pay an additional premium.
This happens in those cases when the new insurer charges a different amount of premium for the same kind of policy.
● Waiting Period: The extent of coverage is the factor on which the serving of additional waiting periods depends. In case the policyholder wants to increase the coverage and it gets approved by the insurance company, the waiting period is to be served by the policyholder according to the terms and conditions of the new insurance company.
When you are not satisfied with your insurance services: Mr Karan from Delhi wanted to port health insurance policy when he was not happy with the services provided by the existing insurance company. Hence, being at a younger age, he found higher benefits from Bajaj Allianz and decided to go for health insurance portability. Similarly, Mr Vishwas from Mumbai at the age of 58 came to know about the better services that he could avail from Bajaj Allianz, so he went for health policy portability.
● When you do not get an additional cover: Mrs Lata from Bangalore went for health insurance portability with Bajaj Allianz when she learnt about the higher insured sum provided to the policyholder.
● When you get better options: It might happen that when you compare two different insurance companies, you find varied benefits from each company. Mrs Anita from Chandigarh decided on health insurance portability with Bajaj Allianz after learning about the age caps for renewal, limits on room rent, and policy premiums.
● When there occurs an issue in the transparency: Bajaj Allianz ensures transparency of the documents involved in the policy. Mr Kartik from Pune read deeply about the transparency policy of the company and went for health policy portability.
At times the insurer can deny your request for health insurance portability. Therefore you are supposed to consider a few things that are required to port health insurance policy.
● When you provide incomplete information: You have to be transparent with the new insurance provider at the time of health insurance portability. Withholding information about the insured and the related aspects is ground to rejection. Hence it is advisable to get in touch with the insurer personally and provide the required information.
● Delay in document submission: It is mentioned that the policyholder is supposed to follow a certain timeline to complete the procedure of health insurance portability. So, you must not make a delay to submit your documents and notify the insurer that you are planning to port health insurance policy.
● Claim history can also impact the approval: If there is a fraudulent claim history the probability of rejection increases manifold. The insurance company has a right to reject your request for health insurance portability if there is found any fraud or misrepresentation in the information provided.
Health insurance portability allows you to transfer your policy from one insurer to another without losing benefits. However, requests can be rejected for several reasons:
1. Existing Medical Conditions: If you fail to disclose pre-existing conditions, insurers may deny your port health insurance request.
2. Expired Policies: Policies must be active; expired policies are ineligible for portability.
3. Incomplete Documentation: Missing or incorrect documents can lead to rejection.
4. Policy Mismatch: The new policy must offer similar coverage to the existing one.
5. Claim History: A high number of claims can impact the acceptance of your port request.
For more information, visit Bajaj Allianz General Insurance Company - one of the top health insurance companies in India as per IRDA.