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Can one seek refund of premiums if not satisfied with the policy, after purchasing it?

April 26, 2017policy premiums purchasing refund satisfied seek

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Can one seek refund of premiums if not satisfied with the policy, after purchasing it?

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The policyholder can seek refund of premiums if he disagrees with the terms and conditions of the policy, within 15 days of receipt of the policy document (Free Look period). The policyholder shall be refunded the fund value including charges levied through cancellation of units subject to deduction of expenses towards medical examination, stamp duty and proportionate risk premium for the period of cover.