FAQs

Life Insurance

15 Jul 2006

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tPara">It is extremely important to safely retain all your premium receipts intact. You may be paying your premium on time but there are chances that the insuring companies' ledgers are not entered with your payment details. At times like this, the insuring company may write to the policyholder asking him to produce the premium receipts and vouch for the payments made. If the payments made are very old, then it may be difficult for the policyholder that is you to prove them without the premium receipts.

Needless to say, it is extremely cumbersome to preserve all the premium receipts. So the next best alternative is to periodically get a certificate from your insuring company confirming that all your premium payments are up-to-date. It is easier for you to preserve such certificates instead of individual premium receipts. The certificate can be obtained from the relevant branch office of LIC that services your policy and accepts the payment of premiums.

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