International Major Medical policy is cancelable. There are certain clauses attached to the cancellation policy:
If cancelled before the Effective Date.
- If the policy is canceled prior to the policy effective date( before the coverage begins), you are eligible for a full refund.
If cancelled after the Effective Date.
- If the policy is purchased through paper application and has installment payment option, it may be canceled anytime. In such an event, no cancellation fee is charged even if the cancellation occurs after the plan effective date. For instance, you may buy a paper policy effective for 3 months from 1st of January to 31st of March, where the premium is automatically deducted on the 1st of each month from your bank account. If you file a request for cancellation on 16th of January, the premiums of February and March will not be deducted from your account and you will not be charged any cancellation fee.
- Policies purchased online cannot be cancelled, and are not eligible for refund past the policy effective date i.e., after the policy begins.
How to Cancel
Policy holder should make a written request to cancel the policy. The written can sent via email.
Send an email to: email@example.com
With the subject line: Request for Cancellation, Policy # [provide the policy number]
Include complete details including policy number, date of purchase, and the reason for plan cancellation. Upon receipt of this information we will initiate the policy cancellation with the insurance company. Please allow 7-10 business days to process the cancellation.
NOTE: Add the following authorization, if you are not the policy holder yourself and communicating on behalf of the policy holder.
"I am son/daughter of the insured and have the authorization from the insured to cancel the insurance coverage. Since the Insured does not have access to communications to provide a written request for cancellation as required I am making this request on behalf of the insured."