I had taken home loan form UBI on 2010 for a time period of 15 years. For that i had to insured my home as per bank's criteria, with bajaj allianz, which was mandatory. I paid 10000 to the bank and they done my insurance policy for 15 years. My deed along with the policy was kept with the bank as mortgage. Now a week ago i closed my loan with the bank by paying all the dues. They returned my policy and i want my policy to be closed. Should i get the money from bajaj allianz back as my premium for 15 yrs was already paid. Should they refund the proportionate premium? Please suggest
Read more: Refund my premium paid in Bajaj Allianz House Insurance?
