Bajaj Allianz Life Insurance Co.Ltd
Refunding of Balance Amount, due to cancellation

Policy No.0115950043, 0116099063, and 0116378080 of Rs.5000/- each

sir,

I have taken those policies and i have canceled the above policies with in free look period but the company is refunded me the amount only the unit value of where the company invested the amount. Rs.4569/- refunded against policy no.0115950043, Rs.4577/- against policy no.0116099063 and Rs.4501/- against policy no.0116378080. The company is not refunded full amount of the policy which i have taken.the balance amount of Rs.1353/- the should given back.

Hence please advice me the IRDA rules for the cancellation of a policy with in the free look period.

I am waiting for your valuable replay

Sony Mathew

Company: Bajaj Allianz Life Insurance Co.Ltd
Country: India

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