← All guides
Financemandate-based

How to cancel Insurance premium auto-debit

You can stop the auto-debit, but stopping payments can lapse the policy — decide intentionally.

  1. 1To keep the policy but pay manually: cancel the NACH / UPI / card mandate (see the mandate guides) and pay each premium yourself before the due date.
  2. 2To discontinue the policy: contact the insurer (portal or branch); use the free-look period (usually 15–30 days) for a refund if the policy is recent.
  3. 3For ULIPs / tax-saver plans, check the lock-in and surrender rules first.
Note: Simply stopping the debit without informing the insurer can lapse your cover. This is not financial advice — confirm with the insurer.
⚠️ Cancelling the app is only half the job in India — the UPI AutoPay / NACH / card mandate keeps debiting until you cancel it too. See the “UPI AutoPay mandate”, “Bank e-NACH auto-debit” and “Card auto-pay” guides.

Related guides

UPI AutoPay mandateBank e-NACH / NACH auto-debitCard auto-pay (standing instruction)Mutual Fund SIP

App menus change often — if a step doesn't match exactly, look for Account / Profile → Subscription / Membership → Cancel or Manage, and always cancel the UPI/NACH/card mandate too. This is general guidance, not financial or legal advice.

Never get surprised by Insurance premium auto-debit again.

Subwise finds your subscriptions and reminds you on WhatsApp before each charge.

Get started free