News From Press How to cancel an insurance policy during free-look period and get a refund

How to cancel an insurance policy during free-look period and get a refund

Source: The Economic Times Mar 11, 2019

The law allows 15 days as free-look period from the date of receipt of the policy document to the policyholder. The policyholder is allowed to cancel the policy during this period and get a refund

Types of policies
Free-look period is available only for life insurance policies. For health insurance policies, the term should be at least three years.

Click here to read more>>

Like what you are reading?

Login to get instant access to this article and many other such articles on business development, success stories and industry updates.

Don't worry ... it's FREE!

Have a query or a doubt?
Need a clarification or more information on an issue?
Cafemutual welcomes all mutual fund and insurance related questions. So write in to us at newsdesk@cafemutual.com

Latest Articles

What are ESG funds, how are they different from traditional MFs?

What is the 15-15-15 Rule in Mutual Funds? How to earn Rs 1 crore faster with this formula? Check details

NPS vs mutual funds: The better choice to set up your retirement corpus

Real Estate: Secret revealed! Majority of HNIs prefer this investment model to generate wealth in realty space

Mutual fund folio addition: Smaller towns steal a march over big cities

Mutual Funds: Small, mid cap funds saw massive surge in folios in March

Need regular income? Try systematic withdrawal plan of mutual funds. Here’s how it works | Simply Save

Breadth of the market rally is narrowing. Where to invest?

Mutual Fund Investment: When is the right time to start investing in mutual funds?

Retirement Planning: How delaying investment by 10 years may cost you Rs 5.05 cr in retirement corpus

Click to clap

Disclaimer: Cafemutual is an industry platform of mutual fund professionals. Our visitors are requested to maintain the decorum of the platform when expressing their thoughts and commenting on articles. Viewers are advised to refrain from making defamatory allegations against individuals. Those making abusive language or defamatory allegations will be blocked from accessing the web site.

0 Comment

Be the first to comment.

More than 2,07,000 of your industry peers are staying on top of their game by receiving daily tips, ideas and articles on growth strategies. Join them and stay updated by subscribing to Cafemutual newsletters.

Fill in the below details or write to newsdesk@cafemutual.com and subscribe to Cafemutual Newsletter now.

POLL

MORE POLLS

AMCs can pay trail commission to the new distributor if investors initiate transfer of their assets. How will this impact you?

Help me get clients of other distributors who are underserved

Lead to poaching of clients

No significant effect on my business

EVENTS FORUMS