Liberty Health Insurance Portability

(22 Reviews)
Insurer Highlights

*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

Back
Get insured from the comfort of your home
Get insured from the comfort of your home
  • 1
  • 2
  • 3
  • 4

Who would you like to insure?

  • Previous step
    Continue
    By clicking on “Continue”, you agree to our Privacy Policy and Terms of use
    Previous step
    Continue

      Popular Cities

      Previous step
      Continue
      Previous step
      Continue

      Do you have an existing illness or medical history?

      This helps us find plans that cover your condition and avoid claim rejection

      Get updates on WhatsApp

      Previous step

      When did you recover from Covid-19?

      Some plans are available only after a certain time

      Previous step
      Advantages of
      entering a valid number
      You save time, money and effort,
      Our experts will help you choose the right plan in less than 20 minutes & save you upto 80% on your premium

      Liberty Health Insurance Portability

      Policyholders with other insurers can switch to a better Liberty health insurance policy, unlocking new coverage benefits while retaining ones accrued from the previous policy. Anyone planning to port from their current health plan can initiate the porting process with Liberty Health Insurance around 45 days before the policy renewal.

      Read More

      Benefits of Porting to a Liberty Health Insurance Policy

      Here are some of the key advantages associated with porting to a Liberty health insurance policy:

      • Have no effects on Waiting Periods:  The primary benefit of health insurance portability is you can switch to a better health insurance plan without your waiting period getting affected. The policyholders must serve only the remaining waiting periods after porting to a Liberty health insurance policy.
      • Better Policy Benefits:  Individuals insured by other health insurers can opt for a Liberty health policy to enhance their scope of coverage and access better services from the insurance provider without incurring additional charges. For instance, individuals can port to a Liberty health insurance policy for unlimited restoration, yearly health check-ups, OPD coverage, and more.
      • Can Choose a Better Premium Plan:  Through portability, individuals can effortlessly switch to a Liberty health insurance policy with reduced premiums, particularly if their current policy with similar coverage has become costly due to factors like age or the insurer's underwriting.
      • Retain NCB:  The portability feature ensures that the accumulated No Claim Bonus (NCB) remains intact when policyholders port to a Liberty health insurance policy. For instance, if the NCB under the previous policy is 35%, the same percentage continues to the Liberty health insurance policy.

      How to Port to a Liberty Health Insurance Policy?

      Porting to a Liberty health insurance policy online is quite straightforward. The steps for porting to a Liberty health insurance policy on Policybazaar.com are given below:

      Step 1: Choose the Liberty health insurance policy you intend to purchase.

      Step 2: Raise a porting request with Policybazaar around 45 days before the expiry date of your existing policy, indicating your preference for a Liberty health policy.

      Step 3: Complete and submit the online proposal and portability forms to Policybazaar.

      Step 4: Make the premium payment for the selected Liberty health insurance policy.

      Step 5: Policybazaar will transmit your portability request to Liberty General Insurance.

      Step 6: Liberty General Insurance will contact your current insurer to procure pertinent details such as claim history, medical documentation, etc. This information may also be accessed from the IRDAI website.

      Step 7: Within 7 business days, your current insurer will share the requested information with Liberty General Insurance through IRDAI's common data-sharing portal. Any delays in data sharing could result in keeping your porting request on hold.

      Step 8: Liberty General Insurance will evaluate the documents received within 15 days to accept or decline your porting request. If there is no decision within this timeframe, your portability request will be automatically accepted.

      Documents Required for Liberty Health Insurance Portability

      Refer to the list of documents necessary for porting to Liberty Health Insurance:

      • The latest renewal notice prominently displaying the NCB
      • Comprehensive claim history details from previous policies
      • Relevant medical documents, including hospital discharge certificates, test reports, etc., in case of claims
      • Copy of the previous year's medical insurance policies

      How Does NCB Work Under Liberty Health Insurance Portability?

      The accumulated No Claim Bonus (NCB) works differently when an existing policy is ported to Liberty health insurance, contingent on specific scenarios. Let us explore each of these scenarios to gain a comprehensive understanding:

      Scenario 1: When the policyholder selects a Liberty health insurance policy with the same base sum insured, the waiting periods from the preceding policy will be sufficient.

      For example, Ashwin, who holds a Rs. 12 lakh health policy with an NCB of Rs. 6 lakh. If he chooses to port to a Liberty health insurance policy of Rs. 12 lakh, the waiting periods from his previous policy will be counted. This enables him to leverage coverage benefits without serving additional waiting periods.

      Scenario 2: In scenarios where the policyholder ports to a Liberty health policy with a base sum insured equivalent to the sum of the previous policy's base sum insured and the NCB, the waiting periods of the previous policy will suffice.

      For instance, Ashwin who possesses a Rs. 12 lakh health policy with an NCB of Rs. 6 lakh. If he decides to port to a Liberty health insurance policy of Rs. 18 lakh, the waiting periods from his previous policy also count. This outcome is because the combined value of the previous policy's base (Rs. 12 lakh) and the NCB (Rs. 6 lakh) equals the Liberty health policy's base sum insured (Rs. 18 lakh).

      Scenario 3: When the policyholder opts for a Liberty health policy with a higher base sum insured than the cumulative value of the previous health policy's base and the NCB, waiting periods apply to the additional coverage amount.

      For example, Ashwin, who possesses a Rs. 12 lakh health policy with an NCB of Rs. 6 lakh. Suppose he decides to port to a Liberty health insurance policy of Rs. 25 lakh. In that case, the waiting periods served under the previous policy will be sufficient for Rs. 18 lakh coverage. However, standard waiting periods must apply to claim the additional Rs. 7 lakh.

      FAQs

      Policybazaar exclusive benefits
      • 30 minutes claim support*(In 120+ cities)
      • Relationship manager For every customer
      • 24*7 claims assistance In 30 mins. guaranteed*
      • Instant policy issuance No medical tests*
      Disclaimer: Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by an insurer.

      Health insurance articles

      Recent Articles
      Popular Articles
      Surgeries Covered by Magma HDI Health Insurance Plans

      18 Apr 2024

      Magma HDI General Insurance Company offers a spectrum of
      Read more
      Surgeries Covered by Raheja QBE Health Insurance Plans

      17 Apr 2024

      Raheja QBE General Insurance Company offers a diverse range of
      Read more
      Surgeries Covered by Aditya Birla Health Insurance Plans

      16 Apr 2024

      Aditya Birla Health Insurance Company offers a range of
      Read more
      Surgeries Covered by Cholamandalam Health Insurance Plans

      16 Apr 2024

      Cholamandalam MS General Insurance Company offers a range of
      Read more
      Surgeries Covered by Future Generali Health Insurance Plans

      16 Apr 2024

      Future Generali India Insurance Company offers comprehensive
      Read more
      Best Health Insurance Plans for Senior Citizens
      Senior citizens are the most prone to diseases. Considering the medical inflation in India, buying health insurance
      Read more
      Does Health Insurance Provide Coverage for LASIK Eye Surgery?
      A vast majority of the Indian population is suffering from vision problems. For some of them, LASIK eye surgery is
      Read more
      Zero Waiting Period in Health Insurance Plans
      Every medical insurance plan comes with a few terms & conditions, and the waiting period is one of them. A
      Read more
      How to Apply for Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PM-JAY)?
      Ayushman Bharat Yojana is a flagship health insurance scheme launched by the Government of India to offer universal
      Read more
      10 Major Benefits of Ayushman Bharat Yojana
      Pradhan Mantri Jan Arogya Yojana (PM-JAY) is the second component under Ayushman Bharat Scheme. PM Narendra Modi
      Read more

      top
      Close
      Download the Policybazaar app
      to manage all your insurance needs.
      INSTALL