FAQs

Non Life Insurance

07 Mar 2003

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tPara"> The Deterioration of Stock policy is subject to certain warranties:

  • There should an annual inspection of the chambers by the duly appointed inspectors.
  • There must be a current and unqualified permission for the operation of the plant.
  • The policyholder must inform of any abnormalities in the working of the plant that might be likely to result in a rise in temperature.
  • In case it is proved that the stock was affected by any infection or disease, all the benefits under the policy will cease.
  • The policyholder should take care to maintain the temperature at the specified level.
  • The policyholder should not accept any stock for storage that has been kept in the sun for more than its dormancy period.
  • In case there is an accident resulting in a claim under the policy, conscious efforts must be made to minimise the loss by segregation and disposal of affected stocks as well as making arrangements for storage in alternate place.

Risk Factors – Investments in Mutual Funds are subject to Market Risks. Read all scheme related documents carefully before investing. Mutual Fund Schemes do not assure or guarantee any returns. Past performances of any Mutual Fund Scheme may or may not be sustained in future. There is no guarantee that the investment objective of any suggested scheme shall be achieved. All existing and prospective investors are advised to check and evaluate the Exit loads and other cost structure (TER) applicable at the time of making the investment before finalizing on any investment decision for Mutual Funds schemes. We deal in Regular Plans only for Mutual Fund Schemes and earn a Trailing Commission on client investments. Disclosure For Commission earnings is made to clients at the time of investments. Option of Direct Plan for every Mutual Fund Scheme is available to investors offering advantage of lower expense ratio. We are not entitled to earn any commission on Direct plans. Hence we do not deal in Direct Plans.

AMFI Registered Mutual Funds Distributor | ARN-52619 |Validity: 20/08/2027