by raghusmiles2000 » Mon Feb 23, 2009 10:56 am
if new policy about health card is taken through credit card and amount has not paid till now. now the policy has been cancelled because of some reasons .is there any rule or something that "any time if u cancel the policy 3 months policy amount should have to be paid .is it mandatory"
Posted: Mon Feb 23, 2009 11:58 am Post Subject:
Raghu, you may need to read the policy document to know what exactly are the terms and conditions about canceling the plan. Unfortunately, if its mentioned in the policy paper you have to pay the cost for three months. The discount plans are not insurance and therefore aren't governed by the state insurance laws.
Posted: Mon Feb 23, 2009 03:26 pm Post Subject:
In many of the cases free look period (generally 15 days) is given to the client so the customer can return the policy within that free look period and get back full money.
Go through the policy docs first and see what is the free look period over there. :wink:
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