Aditya Birla Health Insurance Policy Cancellation

A Guide to Cancel Your Aditya Birla Health Insurance

Are you considering canceling your Aditya Birla Health Insurance policy? Learn more about the cancellation process here.

Health insurance provides essential health and financial security. As a policyholder, you have the option to continue or cancel your policy.

When canceling a health insurance policy, certain deductions may apply as per your policy documents. This guide will assist you with your Aditya Birla Health Insurance cancellation.

Aditya Birla Health Policy Cancellation During the Free-Look Period

Aditya Birla Health Insurance Company offers a free-look period, allowing you to modify or cancel your policy. This period is 15 days for offline policies and 30 days for online policies. As per IRDAI regulations, all health insurance companies must provide policyholders with a 15-30 day free-look period.

If a policyholder cancels within the free-look period, they are entitled to a full refund, excluding expenses such as health check-up costs paid by the insurer before policy issuance, and stamp duty. Deductions and refundable premiums may vary based on the active policy tenure and the number of claims made.

Canceling Your Policy After the Free-Look Period

If you cancel your Aditya Birla Health Insurance policy after the free-look period, you will not receive a full refund of your total paid premiums. The refund amount will be as follows:

• Within 1 month: 75% refund
• Within 3 months: 50% refund
• Within 6 months: 25% refund
• Exceeding 6 months: Nil refund

Types of Deductions from the Refund Amount

The following deductions may apply to your refundable premium amount:

• Pro-rated risk premium
• Health examination expenses incurred by the insurer
• Stamp duty and administration charges

Step-by-Step Guide: How to Cancel Aditya Birla Health Insurance

Follow these steps to cancel your Aditya Birla health policy:

1. Step 1: Contact your insurer and submit your cancellation form along with the required documents.
2. Step 2: Provide a written notice at least 15 days before the intended cancellation date, stating the reason for cancellation. This can be done online or offline through the company’s customer care executive.
3. Step 3: After receiving your cancellation request, the insurer may offer guidance to continue the policy. If you still wish to proceed, they will process your application.
4. Step 4: Based on your policy’s activity and current period, the company will deduct applicable charges and refund the specified premium amount as per your policy schedule.
5. Step 5: After the company reviews your cancellation, provide your banking details to receive the eligible premium refund within their specified business days.

Contact Details of Aditya Birla Health Insurance Company

• Website: www.adityabirlahealthinsurance.com
• Toll-free number: 1800 270 7000
• Customer support email ID: [email protected]
• Registered office: Aditya Birla Health Insurance Co. Limited
  9th Floor, Tower 1, One World Centre,
  Jupiter Mills Compound, 841,
  Senapati Bapat Marg,
  Elphinstone Road,
  Mumbai 400013

Things to Know Before Cancelling Your Health Insurance

• Your coverage ends once the cancellation is approved.
• You may lose accumulated waiting period benefits.
• No Claim Bonus (if applicable) may not carry forward unless you port your policy.
• Buying a new policy later may involve fresh waiting periods.
• Consider porting instead of cancelling if you’re unhappy with your insurer.

Documents Required to Cancel an Aditya Birla Health Insurance Policy

To process your policy cancellation request smoothly, keep the following documents ready:

• Duly filled and signed policy cancellation request form
• Original policy document (if required by the insurer)
• Valid identity proof (such as Aadhaar Card, PAN Card, Passport, or Voter ID)
• Cancelled cheque or bank account details for refund processing
• Copy of the policyholder’s PAN card (if requested)
• Self-attested address proof (if required)
• Any additional documents requested by Aditya Birla Health Insurance for verification

Note: The exact document requirements may vary depending on the policy type and the reason for cancellation. It’s advisable to confirm the required documents with Aditya Birla Health Insurance before submitting your request.

While we do not encourage health insurance cancellation, if you require assistance with your Aditya Birla Health Insurance cancellation, please contact our advisors at 1800 4200 269 or email us at [email protected].