You have a free look period of 30 days from the date of receipt of the Policy Document / Certificate of Insurance whether received electronically or otherwise, to review the terms and conditions of the policy and in case you disagree to any of those terms and conditions, you shall have the option to return the policy to us for cancellation, stating the reason or your objection.
Do you get any refund when you return your policy?
Yes. We will refund an amount equal to the –
Premium paid
Less: i. Pro-rata risk premium for the time the policy was in force, where pro-rata risk premium is the proportionate risk premium for the period of cover
Less ii. Any stamp duty paid
Less iii. Expenses incurred on medical examination, if any