Should I port to some other insurer for health insurance

[samkapoor77]

For last 4 years I was paying Rs. 10,000 as premium for my father’s (now aged 61 years) health insurance policy with ICICI Lombard. The company has taken this product out of the market and has offered me another product whereby I will have to pay an annual premium of Rs. 27,200, which is high. Will it be wise to port to some other insurer?

[samkapoor77]

Just check with the insurer you want to port in, premium they are offering you. If they quote something in your budget and carry a good market standing, then I guess you should move on.

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