Will I get refund if I cancel my policy?

[vinks]

I have bought one health policy online. Now when I have discussed with my friend about this policy, he is saying this policy is not good. Will I get refund if I cancel my policy?

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[CopyCat]

You will get refund if you haven't claimed anything on the policy. Please read the policy wording for more info on the same.

[Expert]

I have bought one health policy online. Now when I have discussed with my friend about this policy, he is saying this policy is not good. Will I get refund if I cancel my policy?

If you policy is within the freelook period of 15 days. Than you can cancel it with out any charges apart from some postal charges. If that has elapsed. Than you will not get much amount back, so better avoid.

[maxjlone]

Providing you have not had a call-out in that period of cover, you will receive a refund calculated on a pro-rata basis less a cancellation charge of 25% of the annual premium.