Life Insurance
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Should the policy fee be returned if a renewal policy was issued and then the issuer received a request for flat cancel?

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Wiki User
2006-09-24 14:34:02

If the policy is being cancelled retroactive to it's effective

date as if it never existed then yes, it should be returned. This

assumes that the policy fee was charged on the renewal. If you had

a policy for the initial term and they have chosen not to renew you

should not expect a return of your policy fee for the initial


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