Will I get a refund if I cancel the policy?
Yes, the policy’s premium amount will be refunded on a short rate basis as mentioned in the tables below.
If you’ve bought your policy from Reliance General Insurance:
Policy Tenure | 1 Year |
Cancellation date up to (x months) from Policy Period Start Date |
Refund |
Up to 1 month |
75% |
Up to 3 months | 50% |
Up to 6 months | 25% |
> 6 months | 0% |