Refund Policy

In case of a refund due to an erroneous transaction or cancellation, the premium paid for an insurance product will be refunded via cheque or direct credit as per the policy of the LIC OF INDIA.

Cancellation Policy

In case of a cancellation, the premium paid for an insurance product will be refunded via cheque or direct credit as per the policy of the LIC OF INDIA.

You may need to return the copy of the policy documents received by you, in order to cancel the policy.