Six Reasons a New Insurer May Deny You Any Transfer of Health Insurance Coverage

Porting may fail if the insurer denies your request for one of the following reasons.Underwriting risks
Each proposed transfer is treated as a new policy and subject to underwriting and acceptance of risk. So if you have a pre-existing condition or condition that does not exceed the new insurer’s risk threshold, the application will be rejected.Claims history
If you, as the applicant, are in poor health and have made several applications over the past few years, your proposal is unlikely to be accepted.

Non-disclosure/misinformation
People mistakenly think that they don’t need to update their medical history while carrying because it’s not a new policy, just a change. This may be grounds for rejection if the medical status in the application form does not match the actual condition during a medical examination. Similarly, if other information does not correspond to that provided by the former insurer, the new company may refuse it.Read also : How to change health insurance plan

Gaps or lapse
If your previous policy has any gaps in the renewal, or has expired, or does so during the transfer process, the new insurer will reject your application.

Technicalities
If you fail to adhere to the transfer schedule and procedures, such as delay in initiating the transfer, failure to provide documentation on time, failure to attend medical examinations, or refusal to take calls, your proposal can be rejected.High insured amount
If you are asking for a very high sum insured compared to your previous policy, the insurer may consider it a sign of increased health risk or impending problems, especially if you have made recent claims, and may reject it.

Age
If the client does not fall within the age range specified in a particular plan, or in the case of senior citizens, whose age is over 70, the application may be refused. Even if the insurer accepts the portage request, the co-payment and loading costs will be very high.