Rewrite You can review & cancel your insurance policy if required
🔶It happens to many of us that we are mis sold insurance policies. But we have a way out in such cases. You have a time limit within which you can cancel the policy and get back your premium
🔶You are allowed a period of 1️⃣5️⃣days (3️⃣0️⃣ in case of electronic policies) to review the terms and conditions and to return the policy if not acceptable 💆
🔶This period is called the free look period and is available for all life insurance policies. For health policies, a term of at least 3️⃣ years is a must
🔶You are entitled to refund of the premium less expenses on media examination/ stamp duty/ proportionate risk premium
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