Switching jobs? Here's how you can port your corporate health plan to an individual policy

Here’s how to migrate to an individual health insurance policy from a group policy:

1. Inform the group insurance company

You must inform the insurance company at least 30-45 days before your last day of employment. In case you are terminated you have till five days after leaving your current job.

You may choose a health plan offered by the insurer based on their inclusions, exclusions, terms, the coverage amount and estimated policy premium.

You must fill the health insurance portability form to migrate. You may also need to submit certain documents, such as your existing group policy, medical history, age proof, claim history and more. All of this should be submitted at least 45 days before the renewal date of your existing policy.

Once your insurance application is processed, you can pay the first premium and your new policy will be issued.

The acceptance of the health insurance policy migration depends on the insurer. The insurance company has the full right to decide the terms and conditions of the new health insurance scheme and the premium amount.

Also, in case of termination, you need to get in touch with your company’s admin or the HR department to know the porting process in detail.