What is the procedure for withdrawing from my policy?

  • Updated

You can easily withdraw from your policy by logging into Bowtie's online platform and selecting "Cancel Policy" at least 30 working days in advance. However, please note the following before withdrawing:

  1. If you reapply for any Bowtie Critical Illness Insurance plan after withdrawing from your policy, you will need to undergo underwriting again. Based on the underwriting results, you may face "extra premiums," "exclusions for specific illnesses," or even "rejection of coverage". The waiting period will also be recalculated.
  2. If you cancel your policy within the 21-day cooling-off period (starting from the policy effective date) and have not received any claims payments or have any claims in progress, you will receive a full refund of all premiums paid and any levy charged.