Reply To: Free Look Cancellation

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February 20, 2019 at 4:40 pm #24488
Mayank Goyal
Keymaster

    actuarymansi wrote:

    Further to add.. in case of unit linked plans.. the gain or loss because of change in NAV is also transferred to the policyholder..

    Practically there are FLCs which are happening during first 2-3 months as well in India

    Sent from my ONEPLUS A6000 using Actuarial Info mobile app

    The loss would be deducted from the premium paid as he will be getting the premium back. Do they also charge these mortality charges, medical and stamp duty charges?