https://www.taxtmi.com/acts?id=55535 Policyholders may surrender or cancel life or general insurance policies at any time by giving the prior notice required under the policy, with processing governed by applicable policy terms. Life and health insurance policies must provide a free-look cancellation option, exercise timelines, and premium-refund provisions. General insurance policies must specify cancellation grounds and timelines. Mid-term cancellation by the IIO is confined to fraud, misrepresentation, or moral hazards. en-us Mon, 21 Sep 2026 11:32:39 +0530 Mon, 21 Sep 2026 11:32:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=55535 Policyholders may surrender or cancel life or general insurance policies at any time by giving the prior notice required under the policy, with processing governed by applicable policy terms. Life and health insurance policies must provide a free-look cancellation option, exercise timelines, and premium-refund provisions. General insurance policies must specify cancellation grounds and timelines. Mid-term cancellation by the IIO is confined to fraud, misrepresentation, or moral hazards. Act-Rules Indian Laws Mon, 21 Sep 2026 11:32:39 +0530 https://www.taxtmi.com/acts?id=55535