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Q.

How to cancel home loan insurance policy?

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0 2023-08-21T19:33:50+00:00

Hello,

To cancel a home loan insurance policy online, follow these steps:

  • Visit Insurance Provider's Website: Go to the official website of the insurance provider that issued the policy.

  • Login to Your Account: Log in to your account on the insurance provider's website. If you don't have an online account, you might need to register first.

  • Find Policy Details: Navigate to the section where you can view your policy details.

  • Cancellation Option: Look for an option related to policy cancellation. It might be under "Manage Policy" or similar.

  • Initiate Cancellation: Follow the instructions to initiate the cancellation process. You might need to provide a reason for cancellation.

  • Submit Documents: Upload any required documents, if applicable.

  • Review and Confirm: Review the cancellation details and confirm the cancellation request.

  • Follow Up: Keep track of your cancellation request's status through your online account or by contacting the insurance provider's customer support.

Remember that the cancellation process might involve certain terms and conditions, and you might receive a refund based on the policy's terms. 

Realize your dream home with NoBroker's seamless loan solutions.

You can also go through the following answers to understand the process for SBI and HDFC in detail.

How to Cancel SBI Home Loan Insurance? How to Cancel HDFC Home Loan Insurance?
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