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The ideal time to renew a life insurance policy is before the expiry. Once the policy expires there would be no coverage to the insured, to prevent this life insurance policy should be renewed before expiry. In case you are not able to renew your life insurance policy before the expiry date, it is advisable to renew during the grace period which is provided by your insurance company. If the payment is not made for renewal during the grace period, then your life insurance policy will be lapsed.
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download a life insurance policy statement, you typically need to follow the below steps.
Tata AIA Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
Star Union Dai-Ichi Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
Shriram Life Insurance Company offers a free-look period during which the policyholder can cancel the policy if they are not satisfied with the terms and conditions and receive a refund of premiums paid. The free-look period is usually 15 days to 30 days from the date of receiving the policy document.
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