Charges for cancelling car insurance

[HeadStart]

This may be useful for you -
Insurance regulator IRDA asked all life insurance companies not to deduct any premium while giving back the money to the customer who wants to cancel the policy within 15 days of opting for it.

Please check complete news -

http://www.financialexpress.com/news...s-irda/467501/

[Krypton]

From application to cancellation was 3 days.
There a statutory 14-day cooling off period by law.