Sentences with phrase «free examination period»

Free look period is also called free examination period.

Free Look Period / Free Examination Period If you are not satisfied with the terms and conditions of the policy, you can return the policy within a specified period after receiving it and your premiums will be fully refunded.

Not exact matches

Free look In the event the policyholder disagrees with any of the terms and conditions of the policy, he / she may return the policy to the Company within 15 days of its receipt for cancellation, stating his / her objections in which case the company will refund an amount equal to the non allocated premium plus the charges levied by cancellation of units plus fund value as on the date of receipt of the free look cancellation request less proportionate risk premium for the period the company has been on risk, less the expenses incurred by the company on medical examination of the life assured and less the stamp duty chargFree look In the event the policyholder disagrees with any of the terms and conditions of the policy, he / she may return the policy to the Company within 15 days of its receipt for cancellation, stating his / her objections in which case the company will refund an amount equal to the non allocated premium plus the charges levied by cancellation of units plus fund value as on the date of receipt of the free look cancellation request less proportionate risk premium for the period the company has been on risk, less the expenses incurred by the company on medical examination of the life assured and less the stamp duty chargfree look cancellation request less proportionate risk premium for the period the company has been on risk, less the expenses incurred by the company on medical examination of the life assured and less the stamp duty charges..