March 4, 2011 9:08 pm
has anybody idea, whether the life insurance company allows discontinuation of the attached rider, keeping basic policy continued after paying regularly for some year/s?
@jitendra and prabeesh
thank you ,both of you for opposite answers to my query! i think, there is no mention about it in the policy document, so the company would take stand according to their business call.-i mean , in favour of their business.
Yes you can Discontinue any Rider that you had taken up initially. I have done this with bajaj alliance and it should be available with other insurance companies too
Insurance companies do not allow discontinuance of a rider keeping basic policy intact.
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