How do I cancel my Religare Health Insurance Policy?
In any case if the insured / policy holder would like to cancel his Religare Health Insurance Policy, then he needs to give a 15 days written notice to the company.
The company would then 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.
Refund % to be applied on premium received.
| Cancellation date up to (x months) from policy period period start date | 1 year | 2 year | 3 year |
| Upto 1 month | 75% | 87% | 91% |
| Upto 3 months | 50% | 74% | 82% |
| Upto 6 months | 25% | 61.50% | 73.50% |
| Upto 12 months | 0% | 48.50% | 64.50% |
| Upto 15 months | N.A | 24.50% | 47% |
| Upto 18 months | N.A | 12.00% | 38.50% |
| Upto 24 months | N.A | 0% | 30% |
| Upto 30 months | N.A | N.A | 8% |
| Beond 30 months | N.A | N.A | 0% |
The refund policy and percent Differs from product to product. Please be sure to read the policy documents carefully to understand the terms and conditions before purchasing the product.
If you have cancelled your current policy and are planning to buy a new one, then Click here.
