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Bajaj Allianz travel insurance cancellation and refund of premium

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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


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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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Bajaj Allianz Citation

Mr. Anshul Nijhawan, Head Travel Services at Bajaj Allianz says NRIOL and bajaj allianz have been working together for quite sometime now and NRIOL has successfully delivered seamless customer service by making available bajaj allianz travel insurance products to its customers online".