The grace period of the insurance policy must be used properly. As explained to the customer beforehand, if it turns out that in the summary section of the policy there is a data mismatch or offer, then we have the time (between 7 to 14 days from the date of issue of the policy) as the right to study the policy or cooling-off period. The provisions regarding Cooling Off Period are also contained in the policy. Within that period the policy can be canceled without any penalty and the money that you have deposited can be returned intact.
If the change or cancellation of the insurance policy is carried out after the cooling-off period ends, you must accept the consequences that have been stated in the clause in the insurance policy, such as the imposition of a cancellation fee. So make sure you receive the policy within this grace period. Check the Terms of Insurance Policy Again. Try to pay attention to the terms of your policy, including the requirements for protection of the Insured, that is you. Is your current condition in accordance with the insurance policy purchased? What about the completeness of your personal data details? Are all data answered honestly and can be accounted for? This is done to ensure that we are living in certain health conditions as described in the policy.
Of course this is important because it can influence the smoothness factor to claim insurance benefits. Do not let you or the beneficiary party cannot claim insurance benefits because there are data that are not in accordance with the policy provisions. Final and binding insurance policies. To avoid mistakes related to the contents of the insurance policy, especially in the scope of the guarantee, insurance protection, additional facilities, period of insurance and deductions, you should consult and negotiate with your insurance market staff before the insurance procedure goes. Ask for the latest policy examples, learn and ask terms that you do not understand, compare them with information that you can search through the internet, and adjust to the purpose you have insurance.
Because of its final and binding nature, make sure the protection in the policy suits your needs, in fact we can even 'design' it. You can also request a copy of the insurance policy to study. No need to hesitate to ask for an explanation from the insurance regarding each point in the insurance policy.