Is there a free – look cancellation allowed in this plan?

Yes. Free look cancellation is allowed within 15 days except 30 days for Distance Marketing or electronic mode from the date of receipt of policy document. Amount refunded will be –

Premium Paid (less) (i) Pro rata risk premium for the time the plan was in force. (ii) Stamp duty charges (iii) Expenses incurred on medical examination, if any.

Tags: Insurance, Khata, Khata Insurance, Savings Insurance Khata

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