Sentences with phrase «policy bond»

You have 15 days free look period (15 days from the date of receipt of policy bond / document).

No, the original policy bond remains in the safe custody of the policy holder and all records maintained with the insurance company.

Once you get the term policy bond, you may discontinue the above two policies.

Once you get the new term insurance policy bond, you can discontinue the existing endowment plan and invest this money for your other long - term goals.

In case of maturity, the claim amount is payable to the insured on production of original policy bond and supporting papers / documents.

After calculating Paid Premium and Bonus, we need to find Guaranteed Surrender Value Factor applicable to total paid premium and Surrender value factors applicable to vested bonuses, both factors can be found on Policy bond of New Jeevan Anand (815).

Policy surrender form Policy bond A self - attested copy of your ID proof Any cancelled cheque / bank attested bank statement / bank attested passbook copy.

what will happen when i will not be here (pass away - let suppose), does it require to keep hard copy of premium payment or only policy bond is sufficient at the time of death claim.

After your policy has covered three year's period bench mark, yourpostal life policy can be surrendered on request, as prescribed inthe policy bond.

Death Certificate (In original or copy notarized) Original Policy Document or Indemnity Bond in case the Original Policy Bond is lost

Free Look Period - If you are not satisfied with the policy, then you can cancel the policy in 15 days from the date of the receipt of policy bond.

Fund Value means the market value of the units as on date of Intimation excluding sum assured and any other death benefit after deducting applicable charges as per «policy bond» as on date of Intimation.

You can find the details of the policy in your policy bond.

If a Bank Pass book copy which has an A / c limit, please submit an alternate Bank pass book or increase the Limit based on the Sum Assured mentioned in your policy bond.

Policy document has not been received: Once you have paid the first premium and signed the proposal form, it should take an average of 2 - 4 weeks for you to receive the policy bond or hard copy of the policy.

Check that all the details in the policy bond are correct and as provided by you.

Personalised customer service is also very nice.Best part that after the next day of conversion of my policy I received my policy bond.»

For specific Terms, it is best to review the Policy Bond.

Free - look Option - if the policyholder disagrees with any of the terms of the Policy, then the policyholder has the option to return the original Policy Bond along with a letter stating reasons for the objection within 15 days of receipt of the Policy Bond.

If the life insured loses / misplaces / destroy the original policy bond, then there is no tedious lengthy process to get the duplicate policy.

i never keep premium payment acknowledge receipt with my policy bond.

Depending on the proposer's age / medical history / occupation etc if life insurance company thins that there is high risk in providing life cover with standard premiums then they can issue policy by charging higher premium (they will inform about this to the proposer before issuing the policy bond / certificate).

Original Policy bond.

Ans: LIC allows you to return the policy within 15 days from the date of the receipt of the policy bond, if you aren't happy with the terms and conditions.

The Policy Bond and NEFT form need to be provided.

In case if they issue the policy bond, you can cancel it during the free - look period and apply for it again.

A free look period of 15 days is given to the policyholder from the date of inception of policy bond, in case the policyholder is not satisfied with the terms and conditions of the rider, he / she can return it stating the reasons of objections.

Once the underwriting process is complete, you will receive your policy bond by post.

Once you get the policy bond of the term plan, you may get rid off your existing policy.

policy bond will be coming soon.

Free Look period: Free look period of 15 days is offered in this plan from the date of receipt of the policy bond.

Also keep your policy bond in a safe place and ensure that your nominee knows where the original policy bond is stored.

The basic documents that are generally required are death certificate, claim form and policy bond, Other documents such as medical attendant's certificate, hospital certificate, employer's certificate, police inquest report, post mortem report etc could be called for, as applicable.

The policy bond and the discharge voucher duly signed and witnessed are to be returned to the insurance company immediately so that the insurance company will be able to make payment.

Please carry the following documents with you: Original policy bond, Original Photo ID proof, a Cancelled personalized cheque / latest bank statement and a PAN card copy.

You have to intimate the company about the death of the person and then submit the policy bond, the death certificate, claim form and any other documents that may be required to settle the claim as requested by the insurance company.