Get Refund within 15 days of policy Get Refund within 15 days of policy

1 year ago

I purchased Policy (INDIAFIRST LIFE GUARANTEED PENSION PLAN) by paying 1lakhs 2 days ago from (Indiafirst life insurance). but after calculation I feel it is worthless. so now I want to cancel policy and get refund (excluding GST). I think there is 15 days free look time. so can I get refund?

Agent is denying to cancel the policy. She also said If you don't want to pay you can skip 2nd and 3rd installment but you will get your 1 lakhs back after 3 years.

About Plan: pay 1 lakhs for 5 years (total 5 lakhs), after that you will get 35000 yearly

Anik

Responded 1 year ago

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A.Dear Client,
Kindly contact an advocate who has experience in the areas of finance and insurance. Hope this helps.
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