How do I cancel my Reliance General Insurance Policy?
In any case if the insured/ policy holder would like to cancel his reliance general insurance policy, then the below given procedure needs to be followed:-
Health insurance:
The policyholder may also give 15 days' notice in writing, to the company, for the cancellation of this policy, in which case the company shall from the date of receipt of the notice, cancel the policy and refund the premium for the unexpired period of this policy at the short period scales as mentioned below, provided no claim has been made under the policy by the policyholder/ insured person.
Refund % to be applied on policy premium
| Policy tenure | 1 year |
| Cancellation date up to (x months) from policy period start date | Refund |
| Up to 1 month | 75% |
| Up to 3 months | 50% |
| Up to 6 months | 25% |
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 reliance general insurance?
