Refund of Premium

Full refund of premium is made if written request is received by the Gateway Administrator prior to the Effective Date of insurance. Premium is considered fully earned and is not refundable for any Term of Insurance issued for 6 months or less. If you are issued a Term of Insurance for 7 or more consecutive months, and must return to your Home Country/Country of Residence earlier than expected, unused premium for remaining whole months exclusive of the first 6 months, will be refunded. Remaining whole months are calculated from the date written notice is received up to the Expiration Date of the Term of Insurance in effect.

Previous

Table of Contents

Next