If you always wanted to switch to a new insurer because of its better policies, but could not do so as the old policy was deemed terminated, there is good news for you. From 1st of October, 2011, health insurance portability has come into effect which allows you to switch insurers without losing out on the policy benefits offered by the old one.
If you have completed two years with an insurer and an illness is covered only after expiry of three years, the benefit of portability is that you can switch to your new insurer right away and still get the cover offered by the old insurer, after one year lapses.
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