Should you switch insurers using portability, or stick with your existing one?

Health insurance portability was introduced by IRDAI to give policyholders more control. The idea is simple: if you’re unhappy with your current insurer’s service, claim process, or premium hikes, you can shift to another company without losing benefits like waiting periods already served. On paper, this looks like a powerful option, especially if you feel stuck with a poor policy.

When switching makes sense Switching insurers can be worth it if your current plan feels outdated or overpriced. For example, many older policies don’t cover modern treatments such as robotic surgeries or day-care procedures. If your insurer keeps hiking premiums sharply or denies cashless claims frequently, portability can give you a better deal. It also helps if another insurer offers higher sum insured optio