TMI BlogNorms of Health InsurersX X X X Extracts X X X X X X X X Extracts X X X X ..... Norms of Health Insurers - News and Press Release Dated:- 9-12-2011 - News - Press Information Bureau Government of India Ministry of Finance 09-December-2011 16:53 IST Insurance Regulatory and Development Authority (IRDA) has issued guidelines vide circular dated 9.9.2011 implementing portability of health insurance policies amongst non-life insurance companies w.e.f. 1.10.2011. ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... The Health Insurance Policy Holder can at the time of Renewal of his/her policies can shift to another Insurance Company for a similar product, if he is not satisfied with the present Insurance Company for any reason, without losing the Credits gained, if renewed with the existing company. This was not the case earlier; because change in insurance company or plans amounted to loss of these cred ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... its and the policies started as new, carrying all time limitations afresh. Thus Portability helps to have a level playing field for all insurance companies and the Customer can choose and compare benefits across products and Companies. IRDA has also provided a portability portal facilitating easy data transfer between the insurance companies. The views of the General Insurance Council and Li ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... fe Insurance Council were taken into account by IRDA while finalizing the Portability circular dated 9.9.2011. This information was given by the Minister of State for Finance, Shri Namo Narain Meena in written reply to an Unstarred Question in Lok Sabha today. SS/HB/GN - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - Ta ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... xTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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