FAQs

Life Insurance

01 Jul 2003

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s to settle maturity claims on or before the due date as long as their requirements are met within the stipulated time. The requirements that you as the policyholder must take care of are:

  • The policy document must be submitted unless it is in the insurer's custody as security for a loan.
  • Age proof such as the municipal birth certificate or the school leaving certificate need to be submitted in case the age was not admitted when the policy was issued and the sum assured, or the paid-up value is above Rs.15000/-. Where the sum assured or the paid-up value is Rs.15000/- or less, age proof is normally waived.
  • If any assignment or reassignment was executed by a separate deed, such deed or deeds must also be submitted.
  • Finally, the Form of Discharge should be returned duly signed by the policyholder over a Re. 1/- revenue stamp and duly witnessed.

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