Think twice before you do, because in many situations it may not be to your advantage. Before dropping any in-force policy, consider:
You should ask insurance agents for a detailed listing of cost breakdowns of both policies, including premiums, cash-surrender value, and death benefits. Compare these along with the features offered by both policies. If you decide to surrender or reduce the value of the policy you now own and replace it with other insurance, be sure that:
If my policy provides comprehensive coverage what is the refund process?
Refunds are available up to your departure date as long as there is no risk to the policy. Refunds will also be issued if a supplier cancels or alters service and all of your non-refundable prepaid travel arrangements insured by us are refunded without penalty.
If my policy provides coverage only for emergency medical benefits what is the refund process?
If outside above guidelines, a partial refund of premium is available if you have a minimum of four (4) unused days of coverage.
If there is a claim on my policy what is the refund process?
No refund of premium will be made in the event that a claim has been paid, incurred or reported under this policy.
How do I request a refund?