Cancellation Policy
Following are the rules those define, till when you can cancel the policy and refund amount calculation.
Daily:
We allow cancellation only till effective date has arrived. On and after effective date, cancellation is not allowed.
Full premium will be refunded.
Weekly:
We allow cancellation till expiration date.
The amount to be refunded will be calculated as:
("# of Pending Days Excluding Cancellation Day" * "Premium Paid" )/ 7
Monthly:
We allow cancellation till expiration date.
The amount to be refunded will be calculated as:
("# of Pending Days Excluding Cancellation Day" * "Premium Paid" )/ 30
OnDemand:
We allow cancellation till expiration date.
The amount to be refunded will be calculated as:
("# of events in future" * "Premium Paid")/"Total # of events user covered himself for"
Annual:
We allow cancellation till expiration date.
Billed Annual : The amount to be refunded will be calculated as:
"Pending number of days excluding the day of cancellation" * Premium Paid /365 (366 in case of leap year)

Billed Monthly : The amount to be refunded will be calculated as:
"Pending number of days till completion month excluding today" * Monthly Premium Installment / Total number of days in that period of month.