Health Insurance: Know How to Continue Your Corporate Health Insurance After Leaving the Job

30 Oct, 2023 Author: Ayushee Joshi

Health Insurance: The majority of working persons are given health insurance by their employers, for which some companies deduct additional money while others do not. When giving group insurance to employees, the employee’s family is also included. In addition, the policy covers hospitalisation costs, maternity coverage, ambulance coverage, and a variety of additional benefits. However, as long as you continue your job, you will be eligible for these benefits. But worry not, you can still continue your health insurance even after you leave the job.

How to Continue Health Insurance After Leaving Job

Before leaving your job, you can change your company health insurance plan into an individual health coverage. Even if you leave your current job, you will have the security of health insurance and will not experience any problems under any circumstances. After leaving the organisation, the employee can pay the policy conversion charge to change the health policy into a personal health insurance plan. This is an option that is available in many business health plans. The most significant advantage of this policy is that the benefits earned or accrued in the policy are not lost, and the insured individual can continue to receive insurance benefits even after changing jobs or retiring.