As a policyholder, you have the right to decide either to re ...Read More
As a policyholder, you have the right to decide either to retain a product or discontinue it, based upon your needs/interests. This page examines all the consequences and procedures of the Care Health Insurance cancellation policy, why you probably shouldn’t cancel if its really necessary, refunds and deductions if applicable and so on. ...Read Less
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Anshika Ojha is a content writer with more than 2 years of experience and holds expertise across various formats of content. She focuses on simplifying health insurance jargon and making it easy for readers to understand.
Raj Kumar has more than a decade of experience in driving product knowledge and sales in the health insurance sector. His data-focused approach towards business planning, manpower management, and strategic decision-making has elevated insurance awareness within and beyond our organisation.
Updated on Feb 04, 2026 3 min read
Let’s learn about Care Health Insurance cancellation policy
As a policyholder, you have the right to decide either to retain a product or discontinue it, based upon your needs/interests. This page examines all the consequences and procedures of the Care Health Insurance cancellation policy, why you probably shouldn’t cancel if its really necessary, refunds and deductions if applicable and so on.
Health insurance supports you financially in times of medical emergency and makes sure that you have enough backup for all the medical expenses. However, there could be reasons that you need to cancel your health policy, like;
You’ve got a far-reaching plan
You’re unable to pay your premiums
The coverage of your policy was not sufficient
The terms and conditions attached to your policy are not flexible
You need a huge cover amount in the policy that covers extended family members, etc.
So, being a policyholder, it’s your right to choose whether you want to keep a product or discontinue it as per your need/choice. This page discusses all the consequences and steps of cancelling yourCare Health Policy, why you should not cancel it if not necessary, refunds and deductions that will be applicable, and so on.
Care health policy cancellation in the free look period
Previously, Care Health Insurance offered a 15-day free look period to review terms and cancel policies. However, according to the insurer’s latest announcement, a zero free look period is now applicable going forward. This means policies will not have a standard review period, and cancellations will be processed on a pro-rata basis.
This should also impact policyholders directly as the Care Health Insurance refund policy will now depend on how many days the policy was in force versus a full return of a premium allowed to be refunded within its free look period.
What if I cancel my policy after the free look period?
Since the Care Health Insurance free look period is now zero days, all cancellations are effectively considered post–free look period. In such cases, there will be certain deductions (which are written in the wording/schedule of your policy) on your refund amount. The refund is based on a quarterly/yearly/one-time premium payment that varies from plan to plan. However, the refund against the overall premiums that you have paid for your policy ranges somewhere from approximately 90% to nil, depending on how long your policy was active.
Note:Every health plan comes with a different percentage of refund defining a period for cancelling the same. For reference, check out the Care Advantage health plan prospectus to know how policy cancellation refunds work in health insurance.
Types of deductions in the refund amount
The cancellation of Care Health Insurance has a specified refund amount that comes with some deductions. Refunds against the overall premiums depend on the type, and terms and conditions, of the policy. There are three kinds of deductions in refund amount against all the premiums that you have paid to the insurer:
Pro-rated risk on the premium paid during the policy tenure
All the expenses are borne by your insurance company on pre-policy medical check-ups
Administrative charges and stamp duty
Ask yourself these questions while cancelling your Care health insurance policy
What are the reasons that I’m cancelling the policy?
Am I getting any portability(if applicable) benefits with other insurance companies?
Can I get more affordable premiums with another insurance policy?
Do I have enough financial backup to bear the healthcare inflation?
Do I have any other insurance policy covering my medical emergencies in the meantime?
I have a family history of particular medical issues, so is it safe to not have health insurance?
Do I have responsibility for my family or a dependant who could get a medical complication anytime?
How can I cancel my Care Health Insurance?
You can cancel your Care health insurance policy by informing and reaching out to the customer care of your insurer at:
Care Health Insurance Limited, 5th Floor, 19, Chawla House, Nehru Place, New Delhi-110019
Care Health Insurance Network Hospitals are present in 31 states nationwide. With a wide network of hospitals, Care Health Insurance ensures that you are medically secured, irrespective of the city you reside in.
To cater to the different medical needs of an individual & their family,
Care Health Insurance offers
several Health Plans ranging from senior citizen plans to specialized plans for
autistic
children, to health insurance for cardiac patients, and many more.Take a look below
to Care Health Insurance plans
explore more:
Care Health provides Group Health insurance, Group Personal Accident Insurance, and Group Travel Insurance. Care Health Insurance has offered 11,000+ ...
Unique Features
Explore Care Health Group Plans
Care Claim Settlement Ratio
Benefits of Care Group Plans
Care Group Health Insurance (Pros)
11000+ corporate policies
25000+ locations covered
92.77% claim ratio
Care Group Health Insurance (Cons)
Infertility not covered
War related claims excluded
Waiting period applies
Care Group Health Insurance (Other
Benefits)
Tax savings
Corporate buffer option
Paperless claim process
Health awareness camps
Care Group Health Insurance (Eligibility
Criteria)
The Ultimate Care health insurance plan by Care Health is designed to provide comprehensive coverage to the policyholder with a range of benefits. Thi...
Care Heart is a unique plan launched by Care Health Insurance that provides the flexibility to choose from benefits like Active heart health check-ups...
Care Plus health insurance is a complete healthcare plan that is loaded with features and protects you and your family. Care Plus offers comprehensive...
Get coverage based on your residential zone.
Care Classic health insurance is a family floater health plan ideal for married couples, joint families, ...
A top-up plan based on policy deductible principle
Care Enhance is a super top-up health insurance plan that provides extra health insurance coverage ...
An ideal combination of hospitalization and maternity care.
Care Joy health insurance is designed specifically for expecting mothers and their newborn...
Single health insurance to cover all family members.
Care health insurance plan is a comprehensive medical policy for individuals and families. It is ...
Care Senior Citizen is specially designed to offer coverage for individuals above 60 years of age. It offers flexibility to choose the sum insured tha...
Critical Mediclaim Care health insurance policy gives you protection against 32 defined critical illnesses based on an indemnity plan. This super-faci...
Free yourself from the worries of healthcare.
As the name suggests, Care Freedom is the plan that allows you to be worry-free in every situation. Thi...
Unique Features
Additional health checkups
Dialysis cover
No pre-medical check-up
Care Freedom Health Insurance Plan (Pros)
No pre-policy checkup needed
Dialysis cover available
Annual health checkup
Care Freedom Health Insurance Plan (Cons)
Change of gender treatment
Obesity treatment
HIV/AIDS not covered
Cosmetic surgery unavailable
Care Freedom Health Insurance Plan (Other
Benefits)
Cashless healthcare
No pre-policy check up
SI recharge
Lifelong renewability
Care Freedom Health Insurance Plan (Eligibility
Criteria)
Care Supreme is an extensive coverage health insurance plan that safeguards you and your family members without worrying about your future healthcare ...
Worried about cancer in your bloodline? Care Cancer Mediclaim has got you covered.
Cancer can be defined as distress, hopelessness and loss. There cou...
Care Advantage Health Insurance is an ideal 1 Crore option so that a policyholder's family is adequately covered. Care Advantage health insurance offe...
Care Operation Insurance Plan is designed specifically to offer you surgical operations coverage. A wide range of sum insured options are available ra...
Arogya Sanjeevani was first introduced by IRDAI (Insurance Regulatory and Development Authority of India) in the year 2020 to provide a standard and a...
1. Can I get my money back after cancelling my Care health policy?
Yes, if you cancel your policy during the free look period, a full refund (excluding pre-policy medical check-up, stamp duty, etc.) will be credited.
2. Can I cancel my Care health policy anytime I want?
Yes, you can cancel your Care health policy anytime you want, given that you know what are the consequences of deductions on refunding the premium amount.
3. Will I receive a full refund on cancelling my Care health insurance after the free look period?
No, if your company has paid for any medical check-up before policy issuance, the expenses of the check-ups, and other related expenses (mentioned in your policy wording) will be deducted and the rest of the premium amount will be refunded.
4. What are the cons of cancelling a health insurance policy?
You will lose the potential healthcare coverage and related benefits/rewards of your policy if you cancel it.
5. How do I apply for policy cancellation in Care Health Insurance?
To cancel your Care Health Insurance policy, you can reach out to their customer support team by calling 1800 102 4488 or emailing customerfirst@careinsurance.com. You’ll need to share your policy details along with the reason for cancellation, and in some cases, you may be asked to submit a written request. Once your application is received and verified, the insurer will process the cancellation and issue a refund for any eligible amount after deducting applicable charges.
6. What documents are required to cancel Care Health Insurance?
To cancel a Care Health Insurance policy, submit a written request with your policy number, reason, and the cancellation form from their website. You may need to provide supporting documents and bank details for refunds. Check the official website or contact customer service for exact requirements.
7. Will my No-Claim Bonus (NCB) be refunded if I cancel Care Health Insurance?
If you cancel your policy and remain uninsured, your no-claims bonus usually stays valid for up to two years. After that, most insurers won’t honor it. To retain the benefit, buy a new policy before it expires.
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