How Can Policyholders Ensure a Smooth Portability Process?
To ensure a smooth portability process, policyholders should:
Apply timely: Submit the portability request at least 45 days before the current policy's renewal date. Provide complete documentation: Ensure all necessary documents, such as medical records and policy details, are submitted accurately. Follow up: Regularly check the status of the portability request with both the current and new insurer. Consult an expert: Seek advice from insurance advisors or consultants to understand the best options available.