Key Points
The heightened awareness is likely resulting in a surge of individuals transferring their health insurance plans to alternative companies that provide more extensive coverage or improved benefits..
Moreover, shifts in lifestyle, such as the onset of a chronic condition or the aging process, can also induce individuals to reevaluate their insurance requirements and make adjustments accordingly..
This allows individuals dissatisfied with their existing health insurance policy to seamlessly transfer it to another insurer, retaining accrued benefits like the no-claim bonus (NCB) or waiting period credit..
Transferring your health insurance policy can present numerous benefits, enabling you to customize your coverage based on your current requirements and preferences, potentially leading to cost savings or improved benefits..
Additional benefits tailored for new policyholders, such as heightened sum insured limits, expanded coverage for pre-existing conditions, or extended coverage for specific treatments, surpass the inherent advantages of any standard health insurance plan..
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