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Insurance policy purchased which I don’t want to continue
23-Oct-2025 (In Insurance Law)
I purchased a insurance policy so as i can take a bank locker, i now understand this was something which i was tricked into, now insurance company mentions 2 year full premium is a condition for surrender, I don’t need insurance and additional payment means loss to me, how to handle this situation?
Well, you clearly write down your points, which you think will go in your favour. If you won't find any resolution, you can get back, I will help you out, no need to worry at all. Hope, you got due clarification.
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Adv. Pankaj Bajaj
Mumbai | 500+ Answers
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You can surrender your Insurance Policy. Surrender means voluntarily terminating your life insurance policy before its maturity, in exchange for a Surrender Value. I can assist you in this process. Hope you got the clarity, you are surrendering your policy because of fraud committed by your Insurance provider.
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Adv. Pankaj Bajaj
Pune | 200+ Answers
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