I paid twice for a life insurance premium. Will I get back the duplicate payment or the amount will be adjusted in next premium when due?
You have the option to seek refund on the duplicate payment or get it adjusted against your next due premium
I paid twice for a life insurance premium. Will I get back the duplicate payment or the amount will be adjusted in next premium when due?
Sumedha Pathak, Noida
You have the option to seek refund on the duplicate payment or get it adjusted against your next due premium. Write to your insurer stating the fact and details of both the payments made along with the choice of adjustment that suits you. If your next premium is due soon, you may go for adjustment in the next premium otherwise ask for the refund.