Sentences with phrase «during the free look period insurance»

During the free look period insurance companies must except returns of policies in exchange for a full refund.

Not exact matches

Free look period — A short period of time during which a new insurance policyholder can cancel a contract and receive a refund of any premiums paid.

In case the policyholder is not satisfied with the policy, he can apply for the cancellation of the health insurance policy during this free - look period.

If the policy is not issued correctly, you'll usually have a «free - look period» during which you can reject the life insurance contract and get your money back.

If you ever do cancel a life insurance policy outside of the free look period, you just won't receive the money back that you have paid in (you were protected during the time you had the policy).

Many people compare during their Free Look Period but we advise you to NOT cancel any coverage until you know for certain you have been accepted by another insurance company.

Whether you're buying universal life insurance, variable life insurance, or another type of life insurance, under the laws of your state, you may have a «free look» period during which you may cancel the policy without penalty.

Free Look Period: From starting date of policy issued, the insurance owner has a limited 15 days period of free - look during which they can initiate policy cancellation if he / she did not like the terms and conditions offered by the polFree Look Period: From starting date of policy issued, the insurance owner has a limited 15 days period of free - look during which they can initiate policy cancellation if he / she did not like the terms and conditions offered by the polLook Period: From starting date of policy issued, the insurance owner has a limited 15 days period of free - look during which they can initiate policy cancellation if he / she did not like the terms and conditions offered by the pPeriod: From starting date of policy issued, the insurance owner has a limited 15 days period of free - look during which they can initiate policy cancellation if he / she did not like the terms and conditions offered by the pperiod of free - look during which they can initiate policy cancellation if he / she did not like the terms and conditions offered by the polfree - look during which they can initiate policy cancellation if he / she did not like the terms and conditions offered by the pollook during which they can initiate policy cancellation if he / she did not like the terms and conditions offered by the policy.

Upon cancellation of the ICICI term insurance policy during the free look period, the premium paid is returned, subject to a deduction of:

Most insurance companies provide a free look - in period of 15 days, during which time, the policyholder can carefully go through the policy documents to alter or cancel the policy if the policy isn't in line with their expectations or understanding.

If you find that particular insurance scheme is not beneficial, you can return the policy to the company within 15 - days, during the free - look - period.

If you are not satisfied with the insurance policy then you can return the policy by getting full refund during free look period.

Most travel insurance companies will refund a policy during the free look period less a non-refundable administrative fee of approximately $ 5 — $ 8.

This feature of an insurance policy removes the danger of mis - selling by agents also as the buyer gets the time for analyzing and reviewing the policy during the free look period.

Typical premature withdrawal or surrender charges associated with a life insurance are not applied during the free look period.

Every insurance provider offers you a free - look period during which you can decide if you want to continue with the online term policy or want to surrender it.