1 Jan, 2018 → by ClaimboUser998815
Policy cancellation amount
*SOLVED

3

I have been charged an objectionable amount of 1, 805 INR on cancellation of my policy (of 25, 000 INR) in free-look period. I was told that nominal service charges (approx. 200 INR) will be deducted as cancellation amount, but the refunded amount was only 23, 195 INR. Why are the customers being cheated in this way! I want my remaining amount to be refunded soon.
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