What to do if I receive insurance policy very late (after 1-2 months), after depositing the proposal form?
Because the free look period is only for 15 days.
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What to do if I receive insurance policy very late (after 1-2 months), after depositing the proposal form?
Because the free look period is only for 15 days.
Free look period start after you receive the policy document.
Most of the insurance companies send you the policy bond document via agents and because the agent did the mis-selling, he wants you to continue the policy (for his own interest), deliver you the policy very late and then the opportunity of free look - 15 days period is lost by that time.