InvestorQ : Can a policyholder get a refund on an insurance policy? If so, when?
Shobit Khurana made post

Can a policyholder get a refund on an insurance policy? If so, when?

Answer
image
3 years ago
Follow

Yes, a policyholder can get a refund on policy premium payment if he/she doesn’t wish to continue his/her policy.

The sector regular IRDAI, Insurance Regulatory and Development Authority of India, has allowed a policyholder to discontinue an insurance policy within the first 15 days of buying it and get a refund.

1 Views