Bajaj Allianz Travel Insurance Cancellation Forum

Bajaj Allianz travel insurance cancellation and refund of premium
Questions
I want to buy Bajaj Allianz insurance for 6 months for my father who is visiting us in UK. I am not sure whether he will be staying here for 6 months. In case if he returns early, if there is any refund of premium for unused period of policy
by Mellen
comment
Thank you for contacting us for your travel insurance requirements. Yes Bajaj Allianz refunds for the unused period of the policy. Below is the grid for refund:
Period of Risk Premium retained by Company
Above 50% of policy period 100% of premium
Between 40% to 50% of policy period 80% of premium
Between 30% to 40% of policy period 75% of premium
Between 20% to 30% of policy period 60% of premium
Policy inception - 20% of policy period 50% of premium

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