Mostly a south Indian festival, Vishu is the dawn of a new astronomical year, and the day marks the first day of the Malayalam month of Medam that corresponds with April in the Gregorian calendar.
They will issue a refund and depending on the method of refund, this should be completed within 28 days. You will be asked to return all documentation regarding the gap insurance you have cancelled and the cover will cease at this point.
Donât expect to receive a cash infusion from the government the second you submit your return, however. It typically takes the IRS up to 21 days to release a refund, but the exact timing depends on a range of factors, and in some cases the process may take longer. Hereâs what you need to know to predict how long youâll need to wait for your refund.