In any case if the insured/ policy holder would like to cancel his Max Bupa Health Insurance Policy, then the below given procedure needs to be followed:-
Health insurance:
You may terminate this policy by giving 7 days' prior written notice. The insurance company shall cancel the policy and refund the premium for the period as mentioned herein below, provided that no claim has been made under the policy by or on behalf of any insured person.
Length of time | Refund of premium |
Upto 30 days | 75% |
Upto 90 days | 50% |
Upto 180 days | 25% |
Exceeding 180 days | 0% |
The refund policy differs from product to product. Please be sure to read the policy documents carefully to understand the terms and conditions before purchasing the product.
Also read - Who do i need to contact in case of grievance against max bupa health insurance?