Common use of Portability and Continuity Benefits Clause in Contracts

Portability and Continuity Benefits. Portability means transfer by an Individual health insurance policyholder (including family floater cover) of the credit gained for pre-existing conditions and time bound exclusions if he/ she chooses to switch from one insurer to another. It is further agreed and understood that: You have been covered under an Indian health insurance policy from a non-life insurance company or Health Insurance company registered with IRDAI without any break;