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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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Health Insurance
Parents-Health-Insurance

1 Answer

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29 Nov, 2022
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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

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