Can i cancel insurance policy

If you disagree to any of the terms or conditions in the policy. For Health policies the option of Free Look may be exercised provided that the term of the policy is at;east three years. Email This Page. Your Name Enter your name Invalid name. Message Invalid message. Contact Us. First Name Enter first name Invalid first name. Enter verification code. The use of images and brands are only for the purpose of indication and illustration.

The ratings are derived from reviews and feedback received from Google and Facebook users on their respective platforms. Amount saved is in comparison to tariff rates. For more details on risk factors, terms, conditions and exclusions, please read the policy wordings carefully before concluding a sale.

Manage policy. Raise a claim. Renew policy. All Resources Guides Articles. Team Acko Sep 20, Purchasing car insurance is mandatory in India if you want to drive your car legally on public roads. Reasons for Cancelling Car Insurance Policy: People might have varied reasons for cancelling their car insurance policy.

Also, read: Electric Car Insurance New Car Insurance Policy: If you are planning to sell your car and buy a new one, make sure to purchase a new car insurance policy for that vehicle.

Also, read: Vehicle Scrappage Policy in India Contact Your Insurer: If you have any doubts about the cancellation and refund process regarding your car insurance policy, feel free to contact your insurer and get all your doubts clarified.

Buying a new car? You already have an Acko policy Login to access your policy for this car. Recent Articles. Protecting You. IRDAI has issued various guidelines for your protection. There are new initiatives from time to time to protect your interests. Enter your name Invalid name. Enter valid email Enter your email. Enter valid email Enter your friends email.

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I Accept Show Purposes. Your Money. Personal Finance. Your Practice. Popular Courses. Personal Finance Insurance. Key Takeaways There are different types of insurance policies available to consumers, and each may have different provisions for cancellation.

States typically require insurance companies to provide a day notice of cancellation to the policyholder before the cancellation date. State insurance commissions are formed to protect the consumer and ensure that insurance companies are solvent and honor their promises, such as paying claims.