Can I cancel the policy?
Yes, you can cancel the policy. The premium amount will be refunded on a short rate basis as mentioned in the table below:
| Elapsed Risk Period | Refund Amount |
| Free look period (Up to 15 days) | 100% |
| Exceeding 15 days but less than or equal to 30 days | 62.5% |
| Exceeding 30 days but less than or equal to 45 days | 52.5% |
| Exceeding 45 days but less than or equal to 60 days | 42.5% |
| Exceeding 60 days but less than or equal to 75 days | 30% |
| Exceeding 75 days but less than or equal to 90 days | 20% |
| Exceeding 90 days but less than or equal to 120 days | 2.5% |
| Exceeding 120 days | 0% |
