Not exact matches
Apart from account opening and brokerage
charges, you will be required to pay transaction
charges,
stamp duty etc..
The pricing aspect of the discount broker includes a flat rate brokerage rate, transaction
charges, taxes (GST),
stamp duty etc..
Further, you understand that once you place a cancellation request within the Free look period, the policy gets cancelled and entire premium is refunded to you subject to deduction of (i)
charges pertaining to medical tests conducted (ii) administrative and service cost like stamp duty etc. and; (iii) Charges for mortality for the period the policy was in
charges pertaining to medical tests conducted (ii) administrative and service cost like
stamp duty etc. and; (iii)
Charges for mortality for the period the policy was in
Charges for mortality for the period the policy was in force.
The insurer would pay back the customer the premiums that he / she had paid after subtracting the premium for the number of days that insurer has borne the risk for and additional expenses, such as medical test expenses,
stamp duty charges,
etc..
On cancellation of the policy during the free look up period, all the premiums paid under the plan are returned to the insured after making the required deductions of policy administrations
charges,
stamp duty, medical expenses, if any,
etc..
The company shall make refunds of all the premiums paid after making the required deductions of medical expenses,
stamp duty charge, administration expenses and
etc..
Subsequently, your policy will be cancelled and you will get back your premium after some minor deduction like medical
charges (tests if any),
stamp duty etc..
The customer will receive the policy purchase price minus the cost of the
stamp duty charges, medical examination,
etc..