How To Cancel Life Insurance Policy During Free-Look Period And Get A Refund
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Table of Contents
What is the Free Look Period in Life Insurance?
Reasons for Cancelling During the Free-Look Period
Steps To Cancel Policy During Free Look Period
Things To Keep In Mind While Cancelling Your Policy
Conclusion
About Author
for Salaried Individuals¹
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How To Cancel Life Insurance Policy During Free-Look Period And Get A Refund
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How To Cancel Life Insurance Policy During Free-Look Period And Get A Refund
How To Cancel Life Insurance Policy During Free-Look Period And Get A Refund
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Disclaimer
ABSLI Salaried Term Plan (UIN:109N141V01) is a non-linked non-participating individual pure risk premium life insurance plan; upon Policyholder’s selection of Plan Option 2 (Life Cover with ROP) this product shall be a non-linked non-participating individual savings life insurance plan.
1LI Age 21, Male, Non Smoker, Option 1: Life Cover, PPT: Regular Pay, SA: ₹ 1 Cr., PT: 10 years, Premium paying term: 10 years, Annual Premium: ₹ 5900/- ( which is ₹ 491.66/month) Premium exclusive of GST. On death, 1 Cr SA is paid and the policy terminates.
ADV/3/23-24/3933
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