Bajaj General Travel Insurance Policy Cancellation and Refund Procedure
Bajaj General Travel Insurance Policy Cancellation and Refund Procedure explains how policyholders can request cancellation and check their eligibility for a premium refund if their travel plans change. To cancel your policy before the coverage start date, email NRIOL with your cancellation request and policy or schedule number. If the policy has already started and you have not travelled overseas, you may need to submit copies of all passport pages, including blank pages, as proof. A cancellation charge of ₹300 applies as stated on this page. Refunds for early return are subject to the policy’s terms and conditions and are generally available only if no claim has been made. The applicable refund amount and processing time depend on the required documents and cancellation conditions.
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Bajaj General Travel Insurance Cancellation and Refund Rules
Bajaj General Travel Insurance cancellation allows eligible policyholders to request cancellation if their travel plans change. The cancellation process and refund eligibility depend on whether the policy has started, the applicable policy terms, and the documents submitted to NRIOL.
To cancel your policy before the coverage start date, email NRIOL with your cancellation request and policy or schedule number. If the policy has already started and you have not travelled overseas, you may need to provide copies of all passport pages, including blank pages, as proof. The published cancellation procedure specifies a ₹300 cancellation charge.
A Bajaj General travel insurance premium refund for early return may be available only if no claim has been made and the policy's refund conditions are met. The refund amount depends on the portion of the policy period used, while processing time depends on receipt of the required documents. Review the cancellation and refund rules before submitting your request.
A Bajaj General travel insurance refund for early return is calculated according to the unused portion of the policy period and the insurer’s applicable refund scale, provided no claim has been made. The refund percentage varies depending on how much of the insured period has elapsed, so an early return does not automatically guarantee a full refund. Before requesting cancellation, check the Bajaj General Travel Insurance cancellation procedure for the applicable refund conditions, required documents, and processing details.
How does Bajaj General travel insurance cancellation work?
- The insured is expected to inform NRIOL and an email should be sent by the insured requesting the cancellation.
- He/she should furnish the policy number or schedule number in the email.
- Proof should be sent that the insured has not travelled overseas.
- A photocopy or scanned copy of all the pages (including empty pages) of the passport should be sent to us.
The policy will be cancelled within one working day after receiving the email (and passport copy, if after the start date).
Note: In both cases there will be a Rs 300/- cancellation charge.
If the insured person returns early, before the policy period ends, the company will refund premium at the rates below, provided no claims have been made on the policy.
Bajaj General Travel Insurance Early Return Refund Calculation
| 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 to 20% of policy period | 50% of premium |
Can I cancel my Bajaj General travel insurance policy anytime?
Yes, you can cancel your travel insurance policy anytime, preferably before your travel begins. A simple cancellation email will suffice, and the premium will be refunded in full, less a minimal cancellation fee.
Bajaj General also allows cancellation up to 50% of the travel period for a refund. For example, if you took a 30-day policy and return to India earlier than planned, or do not travel at all, you can cancel the policy and get a refund up to 15 days from the start of the policy. You will need to submit your passport copy as proof of not travelling or of early return.
Is there a refund after cancelling Bajaj General travel insurance?
Yes, there is a full refund (less a minimal cancellation fee) if you cancel before your travel begins. A simple cancellation email will suffice.
If you have not travelled at all and apply for cancellation after the policy has started, the insurance company will ask for proof (passport copy, cancelled air tickets, etc.) before granting the refund.
Bajaj General also allows cancellation up to 50% of the travel period if you return to India early. The refund is subject to the cancellation rules: on a 30-day policy, you can cancel up to 15 days from the start of the policy. You will need to submit your passport copy as proof of early return.
How long does it take for the cancellation to be processed?
The insurance company normally takes a maximum of 15 working days to refund the applicable premium, once you have submitted all the necessary documents. If you are cancelling this policy to buy another one for a later date, you can adjust the refund against the premium for the new policy.
Will I receive a full refund if I cancel my Bajaj General travel insurance?
Yes, you are eligible for a full refund (less a minimal cancellation fee) if you cancel before the start date of your policy, or if you have not travelled at all and can submit your passport copy as proof of not travelling.
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Why Buy Bajaj Travel Insurance from NRIOL?
Choose Bajaj travel insurance with coverage for eligible medical emergencies, hospitalisation, baggage loss, and other covered travel-related expenses.
Explore affordable travel insurance with clear plan pricing and coverage details.
For over 20 years, NRIOL has helped tourists, international students, and parents choose suitable travel insurance for their needs.
Request changes to your travel dates, passport details, or traveller information on your Bajaj travel insurance policy, subject to insurer approval and policy terms.
Request a travel insurance extension if your trip lasts longer than planned. Approval is subject to the insurer's rules and policy conditions.
Access round-the-clock emergency assistance while travelling, subject to the assistance services and contact details specified in your policy documents.
Bajaj General Travel Insurance – Useful Links
Buy travel insurance online using UPI, a credit/debit card, NEFT, RTGS or cheque.
For claims or reimbursement, contact Bajaj General through the applicable claims helpline.
View or download the Bajaj General Travel Insurance brochure for plan details and policy information.
Find information about renewing or extending your Bajaj General travel insurance policy before expiry, subject to the applicable policy terms.
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Bajaj General Citation
Mr. Anshul Nijhawan, Head Travel Services at Bajaj General says, NRIOL and Bajaj General have been working together for quite some time now and NRIOL has successfully delivered seamless customer service by making available Bajaj General travel insurance products to its customers online.