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Friday, August 19, 2011

Apollo Munich welcomes health insurance portability

Apollo Munich welcomes health insurance portability


This shall allow flexibility to the insured member to choose between insurance brands during the lifespan of being insured.




Apollo Munich welcomes the moves from the regulator in allowing portability of plans in case of health insurance. This shall allow flexibility to the insured member to choose between insurance brands during the lifespan of being insured. The move will call for minimum service requirements amongst all insurance players.


On the other hand it is expected to set new benchmarks in terms of service standards and delivery mechanisms for the insurance players.


At Apollo Munich we were always mindful of the market need and offered portability of benefits with our Easy Health and Maxima policies.


A customer opting to choose our product (at similar Sum insured level) can transfer indemnity based health policy from any insurer with the accumulated benefits.

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