Health Policy premium in case of death of one insured
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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Post
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