If the policyholder is not satisfied with the terms & conditions of the Tata AIA life guaranteed return insurance plan, then it can be returned/cancelled.
The policyholder will get a refund of the premium after the charges get deducted.
The free look period is 15 days if the policy is purchased directly. It will be extended up to 30 days in case it was purchased in distance mode.
You have the right to cancel the Policy by providing written notice within 15 days for the normal mode or 30 days for distance mode. The premium paid will be refunded.