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Health Policy premium in case of death of one insured
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28 Nov, 2022
by Dhanush Nambrath
Hello,
I wish to know what happens to the policy premium paid in advance for a family floater health insurance in an event of death of any one insured.
Example: Is there any provision of reduction on pro rata basis in premium? Later credited for next year premium?
Thank you.
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Yes, pro rata refund will be done as long as there is no claim in the particular policy period. Immediately intimate to the company about death of the insured.
Thank you