*All savings are provided by the insurer as per the IRDAI approved insurance plan. Standard T&C Apply
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
Who would you like to insure?
Do you have an existing illness or medical history?
This helps us find plans that cover your condition and avoid claim rejection
What is your existing illness?
Select all that apply
When did you recover from Covid-19?
Some plans are available only after a certain time
Digit health insurance portability permits individuals holding health policies from other insurers to switch to a Digit health insurance policy. With this facility, they can retain their current renewal benefits, like the No Claim Bonus (NCB) and waiting periods, while gaining access to a policy with better benefits. The portability of a health insurance policy can be initiated around 45 days prior to the renewal date of the existing policy.
Switching to a Digit Health Insurance Policy offers the following key advantages:
Porting to a Digit health insurance policy has been made effortless through the online process. Here are the steps to digitally switch to a Digit health insurance policy on Policybazaar.com:
Step 1: Select the Digit health insurance policy of your preference.
Step 2: Initiate a porting request with Policybazaar for the chosen Digit health policy about 45 days before your current policy's expiration.
Step 3: Complete and submit the online proposal & portability forms through Policybazaar.
Step 4: Make the premium payment for the selected Digit health insurance policy.
Step 5: Policybazaar will forward your porting request to Go Digit General Insurance Limited.
Step 6: Go Digit General Insurance will connect with your existing insurer to acquire certain information, such as your claim history and medical records. Alternatively, they can also obtain these information on the IRDAI website.
Step 7: Your current insurer is expected to give the required details to Go Digit General Insurance within 7 business days through IRDAI's shared data platform. Any delay in data sharing could delay the decision-making process for your porting request.
Step 8: Within 15 days, Go Digit General Insurance will evaluate the received documents and determine whether to accept or reject your porting request. If no decision is intimated within this timeframe, your porting request will be automatically accepted.
Take a look at the documents required for Digit health insurance portability:
When porting an existing policy to Digit health insurance, the accumulated NCB operates differently in distinct situations. Let's explore these scenarios in depth:
Situation 1: If the policyholder selects a Digit health policy with the same base sum insured, the previous policy's waiting periods remain valid.
For example, Rahul holds a Rs 7 lakh health policy with an NCB of Rs 3 lakh, and he wishes to port to a Digit health insurance policy of Rs 7 lakh. In this instance, the previous policy’s waiting periods will carry forward, granting coverage benefits without serving any extra waiting periods.
Situation 2: When porting to a Digit health policy with a sum insured equal to the previous policy’s base sum insured plus NCB, previous waiting periods would suffice.
For example, Rahul owns a Rs 7 lakh health policy with an NCB of Rs 3 lakh, and he intends to port to a Digit health insurance policy of Rs 10 lakh. In this case, the previous policy’s waiting periods will carry forward without serving any additional period. This is because the total of the previous policy sum insured (Rs 7 lakh) and the NCB (Rs 3 lakh) is equal to the Digit policy’s base sum insured (Rs 10 lakh).
Situation 3: Opting for a Digit health policy with a higher sum insured than the previous health policy’s base sum insured plus NCB mandates serving waiting periods for the extra coverage amount.
For example, Rahul possesses a Rs 7 lakh health policy with an NCB of Rs 3 lakh, and he seeks to switch to a Digit health insurance policy of Rs 15 lakh. In this scenario, the previous policy's waiting periods will suffice for coverage of up to Rs 10 lakh. However, standard waiting periods will apply to claim the extra Rs 5 lakh.
01 Mar 2024Amidst the ongoing surge in healthcare expenses, securing
29 Feb 2024Preventive health check-ups are essential to monitor critical
21 Feb 2024When you decide to purchase a health insurance plan for you and
22 Feb 2024In an era where healthcare expenses are skyrocketing in India, the
10 Jan 2024An ongoing medical inflation of 14 percent in India (the highest