Can I cancel HDFC Life policy online?

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Can I cancel HDFC Life policy online?

Drop a mail to [email protected] with the subject line – ‘Need to deactivate auto-debit – Policy Number ‘ Reach out to the nearest HDFC Life branch and fill up the ECS mandate deactivation form.

How can I cancel my HDFC Life policy?

Policy Holder Services

  1. Whatsapp +91 8291-890-569.
  2. Call (Mon to Sat, from 10 am to 7 pm, Local charges apply) 1860-267-9999.
  3. Call (Mon to Sat, from 10 am to 7 pm, STD charges apply) 022-68446530.
  4. Email [email protected].
  5. NRI-Email [email protected].

What is the surrender value of HDFC Life policy?

under the policy or from the date of revival of the policy, as applicable, the nominee or beneficiary of the policyholder shall be entitled to at least 80\% of the total premiums paid till the date of death or the surrender value available as on the date of death whichever is higher, provided the policy is in force.

Can I cancel life insurance policy online?

The cancellation process can be done either online or offline. “The cancellation and refund can be applied for either online or offline. For online cancellation you will need to visit the insurer’s website and fill the form online.

When can I withdraw my HDFC Life policy?

Withdrawal is possible here after the completion of five years. Some policies have a limit based on the fund value after the withdrawal. For example, the fund value after the withdrawal should be at least three times the annual premium.

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How can I check my HDFC Life Insurance Policy status?

How to Check the HDFC Life Policy Status?

  1. Visit the official website of the ‘HDFC Life’ and click on the tab ‘Customer Service Section’.
  2. Under the ‘Customer Service Section’ tab click on the ‘My Account’.

Do you get money back if you cancel life insurance?

Do I get my money back if I cancel my life insurance policy? You don’t get money back after canceling term life insurance unless you cancel during the free look period or mid-billing cycle. You may receive some money from your cash value if you cancel a whole life policy, but any gains are taxed as income.

How can I claim my HDFC maturity amount?

Online Buy Support

  1. Call (All Days, from 9 am to 9 pm, Toll free) 1800-266-9777.
  2. Request call back (Missed Call) 1800-315-7373.
  3. Call (For NRI customers, All Days, Local charges apply) +91-8916613503.
  4. Email. [email protected].
  5. SMS. SMS LIFE to 56161.

How do I close my HDFC Life Progrowth Plus account?

Policy Termination or Surrender Benefit: Policyholder of HDFC Progrowth Plus is allowed to surrender the policy after 5 completed years. If surrendered before 5 years, the fund value net of discontinuation charge will be credited to the Discontinued Policy Fund where it will earn a minimum of 4\% p.a. growth.

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Can I cancel my life insurance anytime?

Can you cancel a life insurance policy at any time? Yes, you can, although the only way to get back all your premium payments is to do so during the initial “free look” period.

Can I cancel HDFC life policy in free look period?

Steps To Cancel Policy During Free Look Period

  1. Send the Requisition to Cancel the Policy. The policyholder has to fill in a requisition form for the cancellation of the life insurance policy if they feel that it is not a suitable choice for them.
  2. Response From the Company for Requisition.
  3. Refund of Premium.

Can I stop ULIP after 5 years?

You can exit from ULIP after 5 years; however, it is not advisable even after lock-in period ends. To reap the benefits, you should continue and stay invested for a long period say 15-20 years. If you think that the funds are not performing, you may want to go for switching your funds.

How do I withdraw my HDFC Life insurance policy?

Reason(s) for the partial withdrawal and the pay-out form needs to be submitted at the nearest HDFC Life Insurance branch, along with the following documents: Original policy documents. Copy of CI or YPD submitted for the withdrawal request (carry original documents for verification in the branch)

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How to cancel HDFC Life ECS policy?

Reach out to the nearest HDFC Life branch and fill up the ECS mandate deactivation form. Go to the nearest HDFC Life branch and discuss with them regarding your plan to surrender with the policy. They will guide you accordingly. Deactivate the auto-debit mandate from your account and stop the premium payments.

What is the refund period for HDFC Life insurance policy?

If it’s within 30 days of opening HDFCLife policy you can get refund of all the premium paid. This 30 days period is also called “Free Look Period”. After 30 days you have to SURRENDER your policy and will get the money only after 5 year lock in period.

How to surrender HDFC Life home loan?

Go to the nearest HDFC Life branch and discuss with them regarding your plan to surrender with the policy. They will guide you accordingly. Deactivate the auto-debit mandate from your account and stop the premium payments. Reach out to the HDFC Ltd. branch from where you took the Home Loan and fill up the ECS mandate deactivation form.

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