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LIC’s

LIC's NEW JEEVAN ANAND (WITH PROFITS) New


n¥îR>m§H$Z hoVw ñWmZ JEEVAN
SPACE FOR ENDORSEMENT
EbAmB©gr H$m Ý`y OrdZ AmZ§X (bm^ g{hV) ANAND
(UIN: 512N279V01)
(OrdZ ~r_m {ZJ_ A{Y{Z`_, 1956 Ûmam g§ñWm{nV)/(Established by the Life Insurance Corporation Act, 1956) PLAN NO: 815

^maVr` OrdZ ~r_m {ZJ_ H$mo ({Ogo BgHo$ ~mX {ZJ_ H$hm Om`oJm) `hm± ZrMo gÝX{^©V AZwgyMr _| C{ {IV ~r{_V ì`p V go EH$ àñVmd VWm KmofUm Am¡a àW_ àr{_`_ H$s àm{á hmoZo na Am¡a C V àñVmd
VWm KmofUm Am¡a Cg_| {X`o J`o Am¡a gÝX{^©V {ddaU Bg ~r_m nm°{bgr Ho$ AmYma na C V àñVmdH$ Am¡a {ZJ_ Ûmam Cgo ñdrH$ma {H$`o OmZo na Bg AZwgyMr _o {ZYm©[aV ~mX Ho$ àr{_`_m| na {dMma H$aVo hþ`o
Am¡a CZH$s C{MV àm{á {ZJ_ Ho$ Cg emIm H$m`m©b` na {hVbm^ H$m {~Zm ã`mO Ho$ ^wJVmZ H$aZo Ho$ {b`o `hm± `h Cg ì`p V `m ì`p V`m| H$mo `h nm°{bgr Xr OmVr h¡, {OÝho C V AZwgyMr Ho$ AZwgma `h
Xo` hmoJr, bo{H$Z BZ bm^m| Ho$ gå~ÝY _o {ZJ_ H$s g§Vw{ï> Ho$ {b`o Bg ~mV H$m à_mU àñVwV H$aZo na {H$ AZwgyMr _o {ZYm©[aV aH$_ Ho$ Xo` hmoZo na Cg ì`p V `m ì`p V`m| H$mo hH$ H$m, Omo ^wJVmZ H$m Xmdm H$a
ahm hmo/aho hm|, H$s àñVmd _o Cpëb{IV ~r{_V ì`p V H$s Am`w H$s gË`Vm Ho$ ~mao _o Xo` hmoJm, `{X dh nhbo Zht {X`m J`m hmo.
Am¡a EVX²Ûmam `h Kmo[fV {H$`m OmVm h¡ `h nm°{bgr BgHo$ n¥ð> ^mJ na A§{H$V eVm] Am¡a gw{dYmAm| Ho$ AmYrZ hmoJr VWm Cn`w© V AZwgyMr d {ZJ_ Ûmam A§{H$V àË`oH$ n¥ð>mH§$Z nm°{bgr Ho$ A§J _mZo Om`|J|.
THE LIFE INSURANCE CORPORATION OF INDIA (hereinafter called “the Corporation”) having received a Proposal along with Declaration and the first
premium from the Proposer and the Life Assured named in the Schedule referred to herein below and the said Proposal and Declaration with the
statements contained and referred to therein having been agreed to by the said Proposer and the Corporation as basis of this assurance do by this Policy
agree, in consideration of and subject to the due receipt of the subsequent premiums as set out in the Schedule, to pay the Benefits as set out in schedule
but without interest, at the Branch Office of the Corporation where this Policy is serviced to the person or persons to whom the same is payable in terms of
the said Schedule, on proof to the satisfaction of the Corporation of the Benefits having become payable as set out in the Schedule, of the title of the said
person or persons claiming payment and of the correctness of the age of the Life Assured stated in the Proposal if not previously admitted.
And it is hereby declared that this Policy of Assurance shall be subject to the Conditions and Privileges printed on the back hereof and that the following
Schedule and every endorsement placed on the Policy by the Corporation shall be deemed part of the Policy.
_§S>b H$m`m©b`/DIVISIONAL OFFICE AZwgy{M/SCHEDULE emIm H$m`m©b`/BRANCH OFFICE
nm°{bgr g§»`m/Policy No.: _yb ~r_mH¥$V am{e ` _yb `moOZm Ho$ {b`o àr{_`_ {H$íV àr{_`_ Xo` {V{W:
Basic Sum Assured ` (`)/Instalment Premium Due date of premium:
for Basic Plan `
àr{_`_ ^wJVmZ H$s {d{Y:
nm°{bgr àmaå^ H$s {V{W/Date of Mode of payment of premium:
Commencement of policy:
A§{V_ àr{_`_ H$s Xo` {V{W:
Due Date of Payment of Last premium for:
Omo{I_ H$s {V{W/Date of XþK©Q>Zm {hVbm^ ~r_m YZ EbAmB©gr H$m XþK©Q>Zmde _¥Ë`w
i) _yb `moOZm:
Commencement of Risk: (`)/Accident Benefit Ed§ An§JVm bm^ amBS>a {H$ñV
Basic Plan:
Sum Assured ` àr{_`_ `/LIC's Accidental ii) EbAmB©gr H$m XþK©Q>Zmde _¥Ë`w Ed§ An§JVm bm^ amBS>a:
Death and Disability
Benefit Rider Instalment LIC's Accidental Death and Disability Benefit Rider:
`moOZm Ed_ Ad{Y: premium `
Plan and Policy Term: ~r{_V ì`p V H$s OÝ_ {V{W:
Date of birth of the Life Assured:

~r{_V ì`p V H$s Am`w:


nyUm©d{Y H$s {V{W: Hw$b àr{_`_ {H$íV (`)/Total Age of the Life Assured:
Date of Maturity: Instalment premium `
`m Am`w ñdrH¥$V h¡?
Whether age Admitted?
~r_m A{Y{Z`_, 1938 H$s Ymam 39 H$o AV§JV© Zm{_V/Nominee under section 39 of the InsuranceAct, 1938: àñVmd g§»`m:
Proposal No.:
àñVmd H$s {V{W:
AJa Zm{_V Ad`ñH$ hmo, Vmo {Z`wº$ ì`{º$ H$m Zm_/If Nominee is a minor, the name of the Appointee: Date of the Proposal:
bm^ {MÌU g§X^© H«$.:
Benefit Illustration Reference No.:
àñVmdH$ H$m Zm_ Am¡a nVm/Name & Address of the Proposer: ~r{_V ì`{º$ H$m Zm_ Am¡a nVm/Name & Address of the Life Assured:

do KQ>ZmE± {OZHo$ hmoZo na bm^ Xo` h¢: BgHo$ {ddaU nrN>o H$s Amoa {XE JE h¢./Events on the happening of which benefits are payable: Details are mentioned overleaf.

~r_m YZ {H$gH$mo {_boJm/ àñVmdH$ `m ~r{_V ì`{º$ `m ~r_m A{Y{Z`_ 1938 Ho$ AZwÀN>oX 38 Ho$ A§VJ©V CgHo$ g_ZwXo{e{V `m ~r_m A{Y{Z`_ 1938 Ho$ AZwÀN>oX 39 Ho$
{Q>ßnUr `{X AmnH$mo H$moB© {eH$m`V/naoemZr hmo Vmo Amn {eH$m`V {ZamH$aU A{YH$mar/bmoH$nmb go g§nH©$ H$a gH$Vo h¢ {OZH$m nVm ZrMo {X`m Om ahm h¡ A§VJ©V CgHo$ Zm{_{V`m| `m CZ àm_m{UH$ à~§YH$m| `m àemgH$m| `m AÝ` {d{YH$ à{V{Z{Y`m| H$mo {X`m OmEJm, {OÝh| CgH$s g§nXm `m Ho$db Bg nm°{bgr
NOTE: In case you have any complaint/grievance, you may approach Grievance Redressal Officer/Insurance Ombudsman whose address is as under: Ho$ A§VJ©V Xo` am{e Ho$ {bE ^maV g§K Ho$ {H$gr amÁ` `m joÌ Ho$ {H$gr Ý`m`mb` go AnZo à{V{Z{Y hmoZo H$m à_mU-nÌ àmá hmoJm.
To whom Sum Assured payable The Proposer or Life Assured or his Assignee under Section 38 of the Insurance Act 1938 or Nominees under
Section 39 of the Insurance Act 1938 or proved Executors or Administrators or other Legal Representatives
emIm H$m`m©b` H$m nVm {eH$m`V {ZamH$aU A{YH$mar H$m nVm bmoH$nmb H$m nVm who should take out representation to his/ her Estate or limited to the moneys payable under this Policy from
Address of Branch Office Address of Grievance Redressal Officer Address of Insurance Ombudsman any Court of any State or Territory of the Union of India.
àr{_`_ MwH$mZo H$s Ad{Y/Period [ZYm©[aV A§{V_ {H$íV ^wJVmZ H$s {V{W VH$ `m BgHo$ nyd© ~r{_V ì`p V H$s _¥Ë`w hmoZo na.
during which premium payable Till the stipulated due date of the payment of last premium or earlier death of the Life Assured.
àr{_`_ ^wJVmZ H$aZo H$s {V{W/Dates
when premium payable _| nyd© {ZYm©[aV A§{V_ VmarI/On the stipulated due date in _____________________
{deof àmdYmZ: {ddaU AJbo n¥îR> na {X`m J`m h¡/Special Provisions: Details are mentioned overleaf.
{ZJ_ H$s Amoa go Cn`w© V emIm H$m`m©b` _o hñVmj[aV {OgH$m nVm A§{V_ n¥ð> na {X`m J`m h¡ Am¡a {Og nVo na nm°{bgr Ho$ g§å~ÝY _| g^r nÌMma {H$`m OmZm Mm{hE.
Signed on behalf of the Corporation at the above-mentioned Branch Office, whose address is given on the last page and to which all communications relating to the policy should be addressed:

{Q>ßnUr BZ {Z~§YZm| VWm eVm}o Am¡a {deof àmdYmZm|/eVm] H$s ì`m»`m Ho$ g§~§Y _| H$moB© {ddmX hmoZo na A§J«oµOr ^mî` {d{Y_mÝ` hmoJm & {V{W/Date:
NOTE: In case of dispute in respect of interpretation of these terms and conditions and special provisions/conditions the English version shall stand valid.
Om§M H$Vm©/Examined by: H¥$Vo à_wI/d[að>/emIm à~ÝYH$
Amngo AZwamoY h¡ {H$ Bg nm°{bgr H$s Om±M H$a b| Am¡a `{X H$moB© JbVr {XImB© Xo Vmo gwYmaZo Ho$ {bE Bgo Vwa§V bm¡Q>m X|. ànÌ H«$./Form No.: p.Chief/Sr./ Branch Manager:
You are requested to examine this policy, and if any mistake be found therein, return it immediately for correction.
EO|gr H$moS>/Agency Code EO|gr H$m Zm_/Agency Name EO|Q> H$m _mo~mBb/Q>o{b\$moZ Zå~a
AmB© Ama S>r E AmB© n§OrH$aU g§»`m… 512 Agent's Mobile Number / Landline Number
IRDAI Regn. No.: 512

Size : 12(H) x 7.5(W) inch


do KQ>ZmE± {OZHo$ hmoZo na bm^ Xo` h¢/Events on the happening of which benefits are payable : ^rVa VWm n[an¹$Vm {V{W Ho$ nyd© {ZJ_ H$mo gVV ~r_m `mo½`Vm H$m g§VmofàX à_mU date of the first unpaid premium and before the end of the policy term, on
àñVwV H$aZo na VWm g^r ~H$m`m {à{_`_mo Ho$ gmW {ZJ_ Zo g_` g_` na {ZYm©[aV submission of proof of continued insurability to the satisfaction of the Corporation
KQ>ZmE±/Events Xo` bm^/Benefits Payable and the payment of all the arrears of premium together with interest
{H$`o Xa go (N> _mhr MH«$d¥{Õ) ã`mO Ho$ gmW ^wJVmZ H$aHo$ nwZ àd{V©V H$am`m Om
H${WV nm°{bgr Ad{Y H$s g_m{á go nhbo ~r{_V ì`{º$ H$s _¥Ë`w hmoZo na, _¥Ë`w bm^, {Ogo ""_¥Ë`w na ~r_mH¥$V am{e'' Am¡a {Z{hV àË`md{V©V ~moZgm| Ed§ A§{V_ A{V[aº$ ~moZgm| Ho$ ê$n _|, `{X H$moB© hmo, (compounding half-yearly) at such rate as fixed by corporation from time to time.
gH$Vm h¡& VWm{n {ZJ_ ~ÝX nm°{b{g`m| Ho$ àdV©Z H$mo _yb eVm] na ñdrH$ma `m g§emo{YV
~eV}nm°{bgr AÚVZ àr{_`_ Ho$ ^wJVmZ Ûmam nyU© ê$n go Mmby hmo. n[a^m{fV {H$`m J`m h¡, Xo` hmoJm. Ohm± ""_¥Ë`w na ~r_mH¥$V am{e'' _yb ~r_mH¥$V am{e Ho$ 125% `m dm{f©H$sH¥$V àr{_`_ Ho$ The Corporation, however, reserves the right to accept at original terms, accept
eVm] na ñdrH$ma `m AñdrH$ma H$aZo H$m A{YH$ma AnZo nmg gwa{jV aIVm h¡& ~ÝX with modified terms or decline the revival of a discontinued policy. The revival of
10 JwZm _| A{YH$ Ho$ ê$n _| n[a^m{fV h¡. `h _¥Ë`w bm^ _¥Ë`w H$s {V{W na ^wJVmZ H$s JB© g^r àr{_`_m| Ho$ 105% go H$_ nm°{bgr H$m nwZ àdV©Z V^r à^mdr hmoJm O~ {ZJ_ Ûmam Cgo AZw_mo{XV {H$`m OmEJm VWm the discontinued policy shall take effect only after the same is approved by the
Zht hmoJm. Ohm± àr{_`_|, Cnamoº$ àr{_`_m| _| H$a, A{V[aº$ àr{_`_ Am¡a amBS>a àr{_`_, `{X H$moB© hmo, em{_b Zht h¡.
~r{_V ì`{º$ H$mo {deof ê$n go gy{MV {H$`m OmEJm& Corporation and is specifically communicated to the Life Assured.
On death of the Life Assured before the end of Death benefit, defined as sum of “Sum Assured on Death” and vested Simple Reversionary
stipulated Policy Term, provided the policy is in full Bonuses and Final Additional bonus, if any, shall be payable. Where, “Sum Assured on Death” Revival of Rider(s), if opted for, will only be considered along with the revival of the
force by paying upto-date premiums. is defined as higher of 125% of Basic Sum Assured or 10 times of annualised premium. This amBS>a(am|) H$m nwZ: àdV©Z, `{X BgH$m M`Z {H$`m J`m h¡, Vmo CgH$m _yb nm°{bgr Ho$ nwZ:
Basic policy and not in isolation.
death benefit shall not be less than 105% of all the premiums paid as on date of death. The àdV©Z Ho$ gmW hr {dMma {H$`m Om`oJm, AbJ go Zht.
premiums mentioned above exclude tax, extra premium and rider premiums, if any.
H${WV nm°{bgr Ad{Y H$s g_m{á Ho$ ~mX ~r{_V ì`{º$ H$s _¥Ë`w hmoZo na, _yb ~r_mH¥$V am{e Xo` hmoJr. 4. OãVr go gwajm g§~§Yr {Z`_: AJa Bg nm°{bgr Ho$ g§~§Y _| VrZ df© go H$_ H$s àr{_`_ 4. Non-forfeiture Regulations: If less than three years' premiums have been paid in
~eV}nm°{bgr nyU© ê$n go Mmby hmo. H$m ^wJVmZ {H$`m J`m h¡ Am¡a {H$gr AmJm_r àr{_`_ H$m {Z`_mZwgma ^wJVmZ Zht {H$`m respect of this policy and any subsequent premium be not duly paid, all the
On death of the Life Assured after the end of the Basic Sum Assured shall be payable. J`m h¡, Vmo Bg nm°{bgr Ho$ A§VJ©V g_ñV bm^ àW_ AXÎm àr{_`_ H$s {V{W go [a`m`V benefits under this policy shall cease after the expiry of grace period from the date
stipulated Policy Term, provided the policy is in full force. of first unpaid premium and nothing shall be payable.
Ad{Y H$s g_m{á Ho$ ~mX ñW{JV hmo OmE±Jo Am¡a Hw$N> ^r Xo` Zht hmoJm.
nm°{bgr Ad{Y H$s g_m{á na (`mZr n[an dVm na) OrdZ ~r{_V ì`{º$ {Z{hV gab àË`md{V©V ~moZgm| Ed§ A§{V_ A{V[aº$ ~moZg, `{X H$moB© hmo, Ho$ gmW _yb ~r_mH¥$V am{e Xo` hmoJr. However, if after at least three full years' premium have been paid in respect of this
hmbm±{H$, `{X Bg nm°{bgr Ho$ g§~§Y _| H$_ go H$_ VrZ nyU© dfm] Ho$ àr{_`_ H$m ^wJVmZ
Ho$ {dÚ_mZ ahZo na, ~eV}nm°{bgr AÚVZ àr{_`_ Ho$ ^wJVmZ Ûmam nyU© policy and any subsequent premiums be not duly paid, this policy shall not be
H$aZo Am¡a {H$gr AZwdVu àr{_`_ H$m ^wJVmZ {Z`_mZwgma Z H$aZo Ho$ ~mX, `h nm°{bgr
ê$n go Mmby hmo. wholly void, but shall subsist as a paid-up policy. The Basic Sum Assured shall be
Basic Sum Assured along with vested simple reversionary bonuses and Final Additional
nyU©V: Ad¡Y Zht hmoJr, ~pëH$ MwH$Vm nm°{bgr Ho$ ê$n _| ahoJr. _yb ~r_mH¥$V am{e Eogr
On Life Assured surviving at the end of the Policy reduced to such a sum, called Paid-up Sum Assured and shall bear the same ratio
Term (i.e. on maturity), provided the policy is in full bonus, if any, shall be payable. am{e _| go H$_ hmo OmEJr, {Ogo MwH$Vm ~r_mH¥$V am{e H$hm OmVm h¡ Am¡a BgH$m _yb
to the Basic Sum Assured as the number of premiums actually paid shall bear to
force by paying upto-date premiums. ~r_mH¥$V am{e go dhr AZwnmV hmoJm Omo dmñV{dH$ ê$n go àXÎm àr{_`_m| H$s g§»`m H$m
the total number of premiums originally stipulated for in the policy.
{deof àmdYmZ… Special Provisions: nm°{bgr _| _ybV: ì`º$ àr{_`_m| H$s Hw$b g§»`m go hmoJm.
LIC's Accidental Death and Disability Benefit Rider (UIN: 512B209V01): The policy so reduced shall thereafter be free from all liabilities for payment of the
EbAmBg © r H$s XKþQ©>Zmde _Ë¥`w Ed§ AnJ§Vm {hVbm^ gawjm (UIN: 512B209V01): `{X Bg àH$ma KQ>r hþB© ~r_mH¥$V am{e H$s nm°{bgr CgHo$ ~mX Bg_| Cëbo{IV àr{_`_ Ho$
within mentioned premiums, but shall not be entitled to participate in future profits.
If LIC's Accidental Death and Disability Benefit rider is opted for and the
EbAmBg © r H$s XKþQ©>Zmde _Ë¥`w Ed§ AnJ§Vm {hVbm^ gawjm H$m {dH$ën MZwm J`m h¡ Ama¡ dh Mmby h:¡ same is inforce: Condition No.11 of “Conditions and Privileges” shall apply for ^wJVmZ Ho$ Xm{`Ëd go _wº$ hmoJr, bo{H$Z dh ^mdr bm^m| _| à{V^m{JVm H$s A{YH$mar Zht However, the existing vested bonuses, if any, will remain attached to the reduced
"eV] Ed§ g{wdYmE'± H$s eV© g.§ 11 XKþQ©>Zm {hVbm^ ~r_m am{e H$o ~am~a am{e H$o {bE bmJy hmJor. an amount equal to the Accident Benefit Sum Assured. If LIC's Accidental hmoJr. `Ú{n, dV©_mZ {Z{hV ~moZg, `{X H$moB© hmo, H$_ hþB© MwH$Vm nm°{bgr go g§b¾ ahoJm. paid-up policy. On the policy becoming paid-up the special provisions mentioned in
`{X EbAmBg © r H$s XKþQ©>Zmde _Ë¥`w Ed§ AnJ§Vm {hVbm^ gawjm H$m {dH$ën Zht {b`m J`m h:¡ Death and Disability Benefit rider is not opted for: Condition No.11 of nm°{bgr Ho$ MwH$Vm hmoZo na AZwgyMr _| Cëbo{IV {deof àmdYmZ bmJy hmoZo go ñW{JV hm|Jo. the schedule will cease to apply. This Paid-Up Sum Assured along with vested
"eV] Ed§ g{wdYmE'± H$s eV© g.§ 11 bmJy Zht hmJor. “Conditions and Privileges” shall not apply.
`h MwH$Vm ~r_mH¥$V am{e, {Z{hV ~moZgm| Ho$ gmW, `{X H$moB© hmo, `m Vmo nm°{bgr Ad{Y Ho$ bonuses, if any, shall be payable either on death before Policy Term or on payment of
nhbo _¥Ë`w hmoZo na `m n[an dVm bm^ Ho$ ^wJVmZ na Xo` hmoJm. nm°{bgr Ad{Y Ho$ ~mX maturity benefit on expiry of the policy term. On death of the Life Assured after Policy
Bg nm°{bgr _o Xr JB© eV] d gw{dYm`| CONDITIONS AND PRIVILEGES WITHIN REFERRED TO ~r{_V ì`{º$ H$s _¥Ë`w hmoZo na Ho$db MwH$Vm ~r_mH¥$V am{e Xo` hmoJr. Term only Paid-up Sum Assured shall be payable.
1. Am`w à_mU : àñVmd nÌ na Kmo{fV H$s JB© ~r{_V ì`p V H$s Am`w na àr{_`_ H$s JUZm 1. Proof of Age: The premiums having been calculated on the age of the Life Assured Cnamoº$ H$WZ Ho$ ~mdOyX, `{X Bg nm°{bgr Ho$ A§VJ©V H$_ go H$_ VrZ nyU© dfm] Ho$ Notwithstanding what is stated above, if atleast 3 full years' premiums have been
as declared in the Proposal, in case the age is found higher than such age, without àr{_`_m| H$m ^wJVmZ {H$E OmZo Ho$ ~mX, {H$gr AZwdVu àr{_`_ H$m ^wJVmZ {Z`_mZwgma paid in respect of this policy, and any subsequent premium be not duly paid, in the
hmo OmZo Ho$ Cnam§V `{X Am`w Cg Am`w go A{YH$ nmB© OmVr h¡ Vmo ~r_m A{Y{Z`_ 1938 prejudice to the Corporation's other rights and remedies, including those under Zht {H$`m OmVm h¡, Vmo àW_ AXÎm àr{_`_ H$s {Z`V {V{W go 6 _mh Ho$ ^rVa ~r{_V event of the death of the Life Assured within six months from the due date of first
Ho$ A§VJ©V CnbãY A{YH$mam| Am¡a CnMmam| na H$moB© à{VHy$b à^md S>mbo {~Zm, Eogo _m_bo the Insurance Act, 1938, the premiums shall be payable in such case at the rate unpaid premium, 125% of the Basic Sum Assured along with vested simple
ì`p V H$s _¥Ë`w hmoZo H$s Xem _|, {ZåZ{b{IV H$mQ>H$a _yb ~r_mH¥$V am{e Ho$ 125% H$m
_|, àr{_`_ àdoe Ho$ g_` ghr Am`w Ho$ AmYma na {ZH$mbr JB© Xa go Xo` hmoJm Am¡a calculated on the Basic Sum Assured for the correct age at entry, and the reversionary bonuses and final additional bonus, if any, will be paid after
^wJVmZ, {Z{hV gab àË`md{V©V ~moZgm| Ed§ A{V[aº$ ~moZg, `{X H$moB© hmo (H$) _yb ~r_m
accumulated difference between the premiums for the correct age and the deduction of (a) the premium or premiums for the basic policy unpaid with
nm°{bgr Amaå^ hmoZo go boH$a Eogo ^wJVmZ H$s {V{W VH$ _yb àr{_`_ Am¡a ghr Am`w Ho$ nm°{bgr Ho$ VhV AXÎm àr{_`_, _¥Ë`y {XZm§H$ VH$ ã`mO g{hV - CÝht eVm] na O¡go {H$
original premiums, from the commencement of the Policy upto the date of such interest thereon upto the date of death, on the same terms as for revival of the
àr{_`_ Ho$ ~rM Ho$ A§Va H$s g§{MV am{e Am¡a Cg na Cgr Ad{Y Ho$ {b`o {ZJ_ Ûmam Cg payment shall be paid to the Corporation with interest at such rate as fixed by the
Cg g_` nm°{bgr _| nwZ àd©VZ hoVw {H$`m OmVm, Am¡a (I) _yb nm°{bgr Ho$ VhV AJbr
Policy during such period and (b) the unpaid premiums for the basic policy falling
g_` àM{bV Xa go ã`mO g{hV ^wJVmZ H$aoJm, VWm{n àmdYmZ h¡ {H$ `{X ~r{_V ì`p V Corporation from time to time, however, that in case the Life Assured/Proposer
nm°{bgr df©JmR>| Ho$ nyd© AXÎm àr{_`_ H$m ^wJVmZ Cgr àH$ma {H$`m OmEJm O¡go {H$ nm°{bgr
due before the next policy anniversary.
continues to pay the premiums at the rates shown herein, and also does not pay nyU© én go Mmby ahr hmo.
Bg_| Cpëb{IV àr{_`_ H$s Xa go ^wJVmZ H$aVm aho Am¡a Cn`w V g§{MV F$U am{e H$m Notwithstanding what is stated above, if at least five full years' premiums have
the above mentioned accumulated debt, the accumulated difference between the Cnamoº$ H$WZ Ho$ ~mdOyX, `{X Bg nm°{bgr Ho$ A§VJ©V H$_ go H$_ nm§M nyU© dfm] Ho$
^wJVmZ Z H$ao Vmo nm°{bgr àmaå^ hmoZo H$s {V{W go nm°{bgr Ho$ Xmdm ~ZZo H$s {V{W VH$ been paid in respect of this policy, any subsequent premium be not duly paid, in
premiums for the correct age and the original premiums from the àr{_`_m| H$m ^wJVmZ {H$E OmZo Ho$ ~mX, {H$gr AZwdVu àr{_`_ H$m ^wJVmZ {Z`_mZwgma
ghr Am`w Ho$ àr{_`_ Am¡a _yb àr{_`_ Ho$ ~rM Ho$ A§Va H$s g§{MV am{e Am¡a Eogo A§Va H$s the event of death of the Life Assured within 12 months from the due date of first
commencement of this Policy up to the date on which the Policy becomes a Zht {H$`m OmVm h¡, Vmo àW_ AXÎm àr{_`_ H$s {Z`V {V{W go 12 _mh Ho$ ^rVa ~r{_V unpaid premium, 125% of the Basic Sum Assured along with vested simple
àË`oH$ {H$íV na Xmdo Ho$ g_` àM{bV Xa go ã`mO Ho$ gmW Xo` hmoJr, Cgo nm°{bgr na claim, with interest on each instalment of such difference at such rate as may be ì`p V H$s _¥Ë`w hmoZo H$s Xem _|, {ZåZ{b{IV H$mQ>H$a _yb ~r_mH¥$V am{e Ho$ 125% H$m reversionary bonuses and final additional bonus, if any, will be paid after
~r{_V ì`p V Ûmam Xo` F$U _mZm Om`oJm VWm nm°{bgr Ho$ A§VJ©V Xmdm hmoZo na nm°{bgr prevailing at the time of claim, shall accrue and be treated as a debt due by the Life ^wJVmZ, {Z{hV gab àË`md{V©V ~moZgm| Ed§ A{V[aº$ ~moZg, `{X H$moB© hmo (H$) _yb ~r_m deduction of (a) the premium or premiums for the basic policy unpaid with
Assured / Proposer against the said Policy and shall be deducted from the Policy nm°{bgr Ho$ VhV AXÎm àr{_`_, _¥Ë`y {XZm§H$ VH$ ã`mO g{hV - CÝht eVm] na O¡go {H$
H$s YZam{e go H$mQ> {b`m Om`oJm. interest thereon upto the date of death, on the same terms as for revival of the
moneys payable on the Policy becoming a claim.
Cg g_` nm°{bgr _| nwZ àd©VZ hoVw {H$`m OmVm, Am¡a (I) _yb nm°{bgr Ho$ VhV AJbr Policy during such period and (b) the unpaid premiums for the basic policy falling
`h ^r àmdYmZ h¡ {H$ àdoe Ho$ g_` ~r{_V ì`{º$ H$s ghr Am`w Omo Cº$ Vm{bH$m _| {Z{X©ï> Provided further that if the Life Assured's correct age at entry is such as would nm°{bgr df©JmR>| Ho$ nyd© AXÎm àr{_`_ H$m ^wJVmZ Cgr àH$ma {H$`m OmEJm O¡go {H$ nm°{bgr due before the next policy anniversary.
~r_m dJ© `m eVm] Ho$ AYrZ ~r_m Ho$ {bE Cgo A`mo½` ~Zm Xo Vmo Cgo Bg nm°{bgr Ho$ àma§^ _| have made him/her uninsurable under the class or terms of assurance specified nyU© én go Mmby ahr hmo. These provisions do not apply to optional riders as they do not acquire any paid up
àM{bV àWm Ho$ AZwgma {ZJ_ Ûmam àXmZ {H$E OmZo dmbo Eogo ~r_m H$s `moOZm go ~r_m dJ© in the said Schedule hereto, the class or terms shall stand altered to such Plan of
`o àmdYmZ d¡H$pënH$ amBS>am| Ho$ {bE bmJy Zht hmoVo h¢, `m|{H$ CZH$m H$moB© àXÎm _yë` Zht value and the rider benefits cease to apply, if policy is in lapsed condition.
Assurance as are granted by the Corporation according to the practice in force at
`m ghVm] H$mo n[ad{V©V H$a {X`m OmEJm, ~eV}{H$ ~r{_V ì`{º$ H$mo ñdrH$ma hmo, AÝ`Wm hmoVm h¡ Am¡a amBS>a bm^ ñW{JV hmo OmVo h¢, `{X nm°{bgr H$mbmVrV pñW{V _| h¡.
the commencement of this policy subject to the consent of the Policyholder,
nm°{bgr {ZañV hmo OmEJr. otherwise the policy will be cancelled. 5. H$a: H$a godmH$a g{hV, `{X H$moB© hmo, H$a H$mZyZ Ho$ AZwgma hmoJm Am¡a H$a H$s Xa 5. Tax: Taxes including Service Tax, if any, shall be as per the Tax laws and the rate of
àM{bV Xa na bmJy hmoJr. tax shall be as applicable from time to time.
2. àr{_`_ H$m ^wJVmZ: dm{f©H$, AY}dm{f©H$ AWdm Ì¡_m{gH$ àr{_`_mo Ho$ ^wJVmZ Ho$ {b`o 2. Payment of Premiums: A grace period of one month but not less than 30 days
[a`m`V Ad{Y EH$ _mh qH$Vw H$_ go H$_ 30 {XZ _m{gH$ àr{_`_m| Ho$ {b`o 15 {XZ H$s àM{bV Xam| Ho$ AZwgma H$a H$s am{e nm°{bgr YmaH$ Ûmam àr{_`_m| na Xo` hmoJr, {OZ_| The amount of tax as per the prevailing rates shall be payable by the policyholder on
shall be allowed for payment of yearly or half-yearly or quarterly premiums and 15
[a`m`V Ad{Y Xr Om`oJr. `{X àr{_`_ H$m ^wJVmZ [a`m`V Ad{Y g_má hmoZo go nwd© Zht A{V[aº$ àr{_`_| Ed§ amBS>a àr{_`_| em{_b h¢, `{X H$moB© hmo. àXÎm H$a H$s am{e na premiums including extra premiums and rider premiums, if any. The amount of tax
days for monthly premiums. If the premium is not paid before the expiry of the
{H$`m OmVm h¡ Vmo nm°{bgr H$mbmVrV hmo Om`oJr. `moOZm Ho$ A§VJ©V Xo` bm^m| H$s JUZm Ho$ {bE {dMma Zht {H$`m OmEJm. paid shall not be considered for the calculation of benefits payable under the plan.
days of grace, the Policy lapses.
Bg Ad{Y Ho$ Xm¡amZ Am¡a Cg d V Xo` àr{_`_ H$m ^wJVmZ H$aZo go nyd© hr `{X ~r{_V
If the death of the Life Assured occurs within the grace period but before the 6. Forfeiture in Certain Events: In case any condition herein contained or endorsed
ì`p V H$s _¥Ë`w hmo OmVr h¡ Vmo ^r nm°{bgr d¡Y ahoJr Am¡a ~r_mYZ H$m ^wJVmZ C V 6. {deof n[apñW`m| _| OãVr: `{X Bg_| g_m{dï> `m n¥ð>m§{H$V {H$gr eV© H$m Cëb§KZ
payment of the premium then due, the policy will still be valid and the benefits hereon shall be contravened or in case it is found that any untrue or incorrect
àr{_`_ VWm AJbr df©Jm§R> Ho$ nyd© Xo` hmoZo dmbo AXÎm àr{_`_ H$s H$Q>m¡Vr Ho$ Cnam§V {H$`m OmVm h¡ `m `{X nm`m OmVm h¡ {H$ àñVmd nÌ, ì`p VJV àH$WZ, KmofUm Am¡a
shall be paid after deductions of the said unpaid premium as also the unpaid statement is contained in the proposal, personal statement, declaration and
premium/s falling due before the next anniversary of the policy.
g§~§{YV àboIm| _| H$moB© AgË` `m JbV H$WZ gpå_{bV h¡ AWdm H$moB© VmpËdH$
{H$`m Om`oJm. connected documents or any material information is withheld, then and in every
OmZH$mar {N>nmB© JB© h¡ Vmo Eogo àË`oH$ _m_bo _| `h nm°{bgr Ad¡Y hmo OmEJr VWm Bg
`{X nm°{bgr H$mbmVrV Zht hmoVr h¡ Am¡a nm°{bgr Ho$ VhV _¥Ë`w H$s Xem _| Xmdm {H$`m J`m If the policy has not lapsed and the claim is admitted in case of death under a such case this policy shall be void and all claims to any benefit in virtue of this
nm°{bgr Ho$ g§X^© _| bm^ Ho$ g^r Xmdo ~r_m A{Y{Z`_, 1938 H$s Ymam 45 H$s g_`-
hmoJm Ohm§ àr{_`_ ^wJVmZ H$m VarH$m dm{f©H$ Ho$ Abmdm hmoJm, ^wJVmZ Z {H$E JE Policy where the mode of payment of premium is other than yearly, unpaid policy shall be subject to the provisions of Section 45 of the Insurance Act, 1938,
g_` na g§emo{YV VWm bmJy hmo gH$Zodmbr ì`dñWmAm| Ho$ AYrZ hmoJo&
àr{_`_, AJa Hw$N> hmo Vmo, AJbr nm°{bgr df©Jm§R> Ho$ nhbo AmZodmbr, H$mo Xmdo H$s aµH$_ go premium, if any, falling due before the next policy anniversary shall be deducted as amended from time to time.
H$mQ> {b`m OmEJm. from the claim amount.
Xo` àr{_`_ ""Hw$b {H$íV àr{_`_'' hmoJm {Og_| {ZåZ em{_b hmoJm : The premium payable will be “total instalment premium” which includes 7. AmË_hË`m: `h nm°{bgr Ad¡Y hmo OmEJr 7. Suicide: This policy shall be void
(i) _yb `moOZm Ho$ {b`o {H$íV àr{_`_ i) `{X ~r{_V ì`{º$ (_mZ{gH$ ê$n go ñdñW `m AñdñW) Omo{I_ ewê$ hmoZo H$s {V{W go
(i) Instalment premium for Basic Plan and I) If the Life Assured (whether sane or insane) commits suicide at any time within 12
12 _mh Ho$ ^rVa {H$gr ^r g_` AmË_hË`m H$a boVm h¡ Vmo {ZJ_ Ûmam Bg nm°{bgr Ho$
(ii) AJa EbAmB©gr H$s XþK©Q>Zmde _¥Ë`w Ed§ An§JVm bm^ gwajm {dH$ën MwZm J`m h¡, Vmo (ii) Instalment premium for LIC's Accidental Death and Disability Benefit Rider, if LIC's months from the date of commencement of risk and Corporation will not entertain
EbAmB©gr H$s XþK©Q>Zm Ed§ An§JVm bm^ gwajm Ho$ {bE {H$ñV àr{_`_. A§VJ©V {H$gr ^r Xmdo na {dMma Zht {H$`m OmEJm, àXÎm àr{_`_m| Ho$ 80% H$mo N>moS>H$a, any claim under this policy except to the extent of 80% of the premiums paid
Accidental Death and Disability Benefit Rider option has been exercised. {Og_| H$moB© H$a, A{V[aº$ àr{_`_ Ed§ amBS>a àr{_`_, `{X H$moB© h¡, em{_b Zht h¡,
excluding any taxes, extra premium and rider premiums, if any, provided the
~eV}{H$ nm°{bgr Mmby AdñWm _o hmo.
policy is inforce.
3. ~ÝX nm°{b{g`m| H$m nwZ: àdV©Z: ~ÝX nm°{b{g`m| H$m nwZ àdV©Z `{X nm°{bgr [a`m`V 3. Revival of Discontinued Policies: If the Policy has lapsed due to
ii) `{X ~r{_V ì`{º$ (_mZ{gH$ ê$n go ñdñW `m AñdñW) nZwéÁOrdZ H$s {V{W go 12
Ad{Y Ho$ ^rVa Xo` {à{_`_ H$m ^wJVmZ Zm H$aZo Ho$ H$maU ~ÝX hmo OmVr h¡, Vmo Cgo ~r{_V non payment of due premium within the days of grace, it may be revived during ii) If the Life Assured (whether sane or insane) commits suicide within 12 months
_mh H$o ^rVa {H$gr ^r g_` AmË_hË`m H$a bVom h¡ Vmo _Ë¥`w H$s {V{W VH$ àXÎm àr{_`_m| from date of revival, an amount which is higher of 80% of the premiums paid till
ì`{º$ Ho$ OrdZH$mb _| àW_ AXÎm àr{_`_ H$s {V{W go 2 H«$_mJV df© H$s Ad{Y Ho$ the lifetime of the Life Assured, but within a period of 2 consecutive years from the

Size : 12(H) x 7.5(W) inch


H$o 80% (H$mBo© H$a, A{V[aº$ àr{_`_ Ed§ amBS>a àr{_`_, `{X H$mBo© h,¡ H$mo N>mSo >H$a) `m the date of death (excluding any taxes, extra premium and rider premiums, if any,) Bg {hVbm^ Ho$ {bE A{V[aº$ àr{_`_ Ho$ ^wJVmZ H$s Amdí`H$Vm Bg nm°{bgr Ho$ The additional premium for this Rider will not be required to be paid after all
Aä`nU© _ëy`, Omo ^r am{e A{YH$ hm,o X`o hmJor, ~eVn}m{°bgr Mmby AdñWm _o hm.o {ZJ_ or the surrender value, shall be payable. The Corporation will not entertain any A§VJ©V g_ñV àr{_`_m| H$m ^wJVmZ hmo OmZo Ho$ ~mX `m Cg nm°{bgr df©Jm±R> na Am¡a premiums under this Policy have been paid or on and after the policy anniversary on
other claim under this policy. CgHo$ ~mX Zht hmoJr, {Og na OrdZ ~r{_V ì`{º$ Ho$ {ZH$Q>V_ OÝ_{XZ na Am`w 70 which the age nearer birthday of the Life Assured is 70 years, whichever is earlier.
Ûmam Bg nm{°bgr H$o AV§JV© {H$gr ^r AÝ` Xmdo na {dMma Zht {H$`m OmEJm.
df© hmo, Omo ^r nhbo hmo. `Ú{n Cg _yb nm°{bgr Ho$ A§VJ©V àr{_`_, {OgHo$ gmW `h However, the premium under the basic policy with which this rider is attached shall
continue to be paid beyond age 70 years till the end of policy term, wherever
amBS>a g§b¾ h¡, H$m ^wJVmZ 70 df© H$s Am`w Ho$ ~mX ^r V~ VH$ Omar ahoJm, O~ VH$
8. Aä`n©U _yë`: H$_ go H$_ VrZ nyU© dfm] VH$ àr{_`_m| H$mo ^wJVmZ {H$E OmZo Ho$ ~mX {H$gr 8. Surrender Value: The policy can be surrendered for cash at any time provided applicable.
atleast three full years' premiums have been paid.
nm°{bgr Ad{Y g_má Zht hmo OmVr, Omo ^r bmJy hmo.
^r g_` Bg nm°{bgr H$mo ZH$Xr Ho$ {bE Aä`{n©V {H$`m Om gH$Vm h¡.
^maVr` OrdZ ~r_m {ZJ_ Ho$ gmW Cgr OrdZ na, {Og na AJ«m§{H$V bm^ bmJy hmoVo h¢, The maximum aggregate limit of assurance under all policies including policies
nm°{bgr Ad{Y Ho$ Xm¡amZ Jma§Q>rS> Aä`n©U _yë` àXÎm Hw$b àr{_`_m| H$m à{VeV hmoJr (H$a The Guaranteed Surrender Value during the Policy Term shall be a percentage of
d¡`{º$H$ nm°{b{g`m| Am¡a gmW hr g_yh nm°{b{g`m| Ho$ A§VJ©V br JB© g^r nm°{b{g`m|, with in-built Accident Benefit taken with Life Insurance Corporation of India under
H$s {Zdb) {Og_| H$moB© A{V[aº$ àr{_`_| Ed§ amBS>am| Ho$ {bE àr{_`_|, `{X Bgo MwZm J`m total premiums paid (net of tax) excluding any extra premiums and premiums for
{OZ_| nhbo go hr XþK©Q>Zm {hVbm^ dmbr nm°{b{g`m± em{_b h¢, Ho$ A§VJ©V ~r_m H$s individual policies as well as group policies on the same life to which following
riders, if opted for. This percentage will depend on the Policy Term and policy year
hmo, em{_b Zht h¢. `h à{VeV nm°{bgr Ad{Y Ed§ Cg nm°bgr df© na AmYm[aV hmoJm, A{YH$V_ g_o{H$V gr_m {H$gr ^r Xem _| XþK©Q>Zm bm^ ~r_mH¥$V am{e Ho$ é. 100 bmI benefits apply shall not in any event exceed Rs.100 lakhs of Accident Benefit Sum
in which the policy is surrendered and is enclosed as Annexure – I to this
{Og_| nm°{bgr H$mo Aä`{n©V {H$`m J`m h¡ Am¡a Bg àboI Ho$ {bE n[a{eï>-& Ho$ ê$n _| go A{YH$ Zht hmoJr. AJa Bg_| EH$ go A{YH$ nm°{b{g`m± h¢ Am¡a AJa Hw$b XþK©Q>Zm Assured. If there be more policies than one and if the total Accident Benefit Sum
document.
g§b¾ h¡. {hVbm^ é. 100 bmI go A{YH$ hmoVm h¡, Vmo Omar nm°{b{g`m| H$s {V{W Ho$ H«$_ _| àW_ Assured exceeds Rs.100 lakhs, the benefits shall apply to the first Rs.100 lakhs
BgHo$ A{V[aº$, {Z{hV gab àË`md{V©V ~moZgm|, `{X H$moB© h¡, H$m Aä`n©U _yë` ^r Xo` In addition, the surrender value of vested simple reversionary bonuses, if any, Accident Benefit Sum Assured in order of date of policies issued.
é. 100 bmI XþK©Q>Zm bm^ ~r_mH¥$V am{e Ho$ {bE {hVbm^ bmJy hm|Jo.
hmoJm, Omo {Z{hV ~moZgm| Ho$ {bE bmJy Aä`n©U _yë` KQ>H$ _| {Z{hV ~moZgm| Ho$ JwUm Ho$ shall also be payable, which is equal to vested bonuses multiplied by the
Surrender Value factor applicable to vested bonuses. These factors will depend
`{X {H$gr ^r g_`, O~ `h nm°{bgr nyU© ~r_mH¥$V am{e Ho$ {bE à^md _| h¡, ~r{_V ì`{º$ If the Life assured is involved in an accident at any time when this Policy is in force
~am~a h¡. `o KQ>H$ nm°{bgr Ad{Y Ed§ Cg nm°bgr df© na AmYm[aV hmoJm, {Og_| nm°{bgr {H$gr XþK©Q>Zm go g§~Õ hmoVm h¡, Ohm± Eogr XþK©Q>Zm AMmZH$, AàË`m{eV Ed§ Añd¡pÀN>H$ for the full Sum Assured, and such injury shall within 180 days of its occurrence
on the Policy Term and policy year in which the policy is surrendered and is
H$mo Aä`{n©V {H$`m J`m h¡ Am¡a Bg àboI Ho$ {bE n[a{eï>-&& Ho$ ê$n _| g§b¾ h¡. ê$n go hmo, Omo ~mø, qhgH$ Ed§ {XImB© XoZo `mo½` gmYZm| go hmo Am¡a Eogr MmoQ> AHo$bo, solely, directly and independently of all other causes result in (a) either permanent
enclosed as Annexure – II to this document.
`Ú{n Bg nm°{bgr Ho$ A§VJ©V {deof Aä`n©U _yë` Xo` hmoJm, `{X `h nm°{bgrYmaH$ àË`j Ed§ AÝ` g_ñV H$maUm| go AbJ hmoH$a BgHo$ hmoZo Ho$ 180 {XZm| Ho$ ^rVa hmoJr, and total disability, as hereinafter defined or (b) death of the Life assured and the
However, under this policy, Special Surrender Value will be payable, if it is more same is proved to the satisfaction of the Corporation, the Corporation agrees in
Ho$ {bE A{YH$ {hVH$a hmo. {deof Aä`n©U _yë` MwH$Vm ~r_mH¥$V am{e (eV© 4 _| {OgHo$ n[aUm_ñdê$n (H$) ñWmB© Ed§ g§nyU© An§JVm hmo, O¡gm {H$ `hm± n[a^m{fV {H$`m
favorable to the Policyholder. The Special Surrender Value will be the discounted case of:
~VmE AZwgma) Ed§ {Z{hV gab àË`md{V©V ~moZg H$m [a`m`Vr _yë` hmoJm. Bg nm°{bgr Ho$ value of the Paid-up Sum Assured (as defined in Condition 4) and vested simple J`m h¡ `m (I) ~r{_V ì`{º$ H$s _¥Ë`w hmo Am¡a Cgo {ZJ_ H$s g§Vw{ï> hmoZo VH$ {gÕ {H$`m
{bE bmJy `o [a`m`V KQ>H$ AmB©AmaS>rEAmB© Ho$ nyd© AZw_moXZ Ho$ gmW g_`-g_` na reversionary bonuses. These discounting factors applicable to this policy may J`m hmo, Vmo {ZJ_ BZ _m_bm| _| gh_V hmoVm h¡ :
~Xb gH$Vo h¢. change from time to time with prior approval of IRDAI.
amBS>am| na H$moB© Aä`n©U _yë` CnbãY Zht hmoJm, `{X H$moB© h¡. (a). Disability to the Life Assured: (i) pay additional sum equal to the Accident Benefit
No surrender value will be available on Riders, if any. (H$) ~r{_V ì`{º$ H$s An§JVm : (i) Bg nm°{bgr Ho$ A§VJ©V 10 dfm] _| {dñVm[aV g_mZ
Sum Assured in equal monthly instalments spread over 10 years under this
_m{gH$ {H$ñVm| _| XþK©Q>Zm {hVbm^ ~r_mH¥$V am{e Ho$ ~am~a A{V[aº$ am{e H$m ^wJVmZ. Policy. If the policy becomes a claim by the way of death or maturity before the
9. F$U: nm°{bgr Ad{Y Ho$ Xm¡amZ F$U {b`m Om gH$Vm h¡, ~eV} H$_ go H$_ VrZ nyU© dfm] Ho$ 9. Loans: Loan can be availed under this policy provided atleast three full years' `{X 10 dfm] H$s H${WV Ad{Y Ho$ H$mbmVrV hmoZo go nhbo nm°{bgr _¥Ë`w `m n[an dVm Ho$ expiry of the said period of 10 years, the disability benefit instalments which have
àr{_`_m| H$m ^wJVmZ {H$`m J`m hmo, Omo {ZåZm§{H$V {Z`_m| d eVm] VWm Eogo AmJm_r {Z`_m| premiums have been paid subject to the following terms and conditions, within
Ûmam H$moB© Xmdm ~ZVr h¡, Vmo An§JVm bm^ {H$ñV| Omo ~H$m`m Zhr hþB© hm|, H$m ^wJVmZ Xmdo Ho$ not fallen due will be paid along with the claim and (ii) waive the payment of future
d eVm] Ho$ AYrZ hmoJm, Omo {ZJ_ g_`-g_` na V` H$a gH$Vm h¡, VWm Omo Eogr am{e Ho$ the surrender value of the policy for such amounts and on such further terms and
gmW {H$`m OmEJm Am¡a (ii) XþK©Q>Zm {hVbm^ ~r_mH¥$V am{e H$s gr_m VH$ nm°{bgr Ho$ premiums chargeable, if any, under the policy (including the premium under basic
conditions as the Corporation may fix from time to time:
{bE nm°{bgr Ho$ Aä`n©U _yë` Ho$ ^rVa hmoJm. plan) to the extent of Accident Benefit Sum Assured. The premium for any other
i) {bE JE F$U Am¡a Cg na Xo` ã`mO H$s dgybr Ho$ {bE O_mZV Ho$ ê$n _| nm°{bgr nyU©V: (i) The Policy shall be assigned absolutely to and held by the Corporation as security A§VJ©V AmXo` ^mdr àr{_`_m| (_yb `moOZm Ho$ A§VJ©V àr{_`_ g{hV) Ho$ ^wJVmZ H$s Rider, if opted for, shall continue to be paid.
{ZJ_ Ho$ Zm_ na g_ZwXo{eV H$s OmEJr Am¡a CgHo$ Ûmam aIr OmEJr. for the repayment of Loan and of the interest thereon; _m\$s. {H$gr AÝ` amBS>a Ho$ {bE, `{X Cgo MwZm J`m h¡, àr{_`_ H$m ^wJVmZ Omar ahoJm.
ii) {ZJ_ H$mo F$U na ã`mO H$m ^wJVmZ g§~§{YV F$U ñdrH¥$V H$aVo g_` {ZJ_ Ûmam (ii) Interest on Loan shall be paid on compounding half-yearly basis to the The waiver of premium shall extinguish all options under this policy and the
Corporation at the rate to be specified by the Corporation at the time of taking loan
àr{_`_ Ho$ ^wJVmZ H$s Ny>Q> go Bg nm°{bgr Ho$ A§VJ©V g^r {dH$ën Am¡a Bg I§§S> Ho$ (I) benefits covered by (b) of this clause except as to such assurances, if any, as
{ZYm©[aV Xa go N>_mhr MH«$d¥{Õ AmYma na {H$`m OmEJm. ã`mO H$m àW_ ^wJVmZ AJbr
under this policy. The first payment of interest is to be made on the next Policy _| em{_b {hVbm^ g_má hmo OmE±Jo, {gdm` CZ ~r_m| Ho$, `{X H$moB© hm|, Omo ~r{_V ì`{º$ exceeds the total accident benefit sum assured under all the existing policies of
nm°{bgr df©Jm±R> `m N>: _mh nd© AmZo dmbr {V{W, BZ_| Omo ^r g§~§{YV F$U XoZo Ho$ VËH$mb the life assured and which may have been kept in force by continued payment of
anniversary or on the date six months before the next Policy anniversary H$s g^r _m¡OyXm nm°{b{g`m| Ho$ A§VJ©V Hw$b XþK©Q>Zm bm^ ~r_mH¥$V am{e go A{YH$ hm| Am¡a
~mX AmE, na {H$`m OmEJm Am¡a CgHo$ ~mX àË`oH$ N>_mhr AmYma na {H$`m OmEJm. ã`mO whichever immediately follows the date on which the Loan is sanctioned and premiums.
H$_ go H$_ N>: _mh Ho$ {bE {b`m OmEJm; Omo àr{_`_ Ho$ gVV ^wJVmZ Ûmam Mmby aIo JE hm|.
every half year thereafter. Interest is charged for a minimum period of six months;
iii) {ZJ_ VrZ _mh H$s ndy© gM y Zm XHo$a g_ñV ã`mO g{hV F$U am{e H$s AXm`Jr H$s _mJ± `h Amdí`H$ h¡ {H$ Cnamoº$ An§JVm {H$gr XþK©Q>Zm H$m n[aUm_ hmo Am¡a nyU© d ñWmB© hmo. The disability above referred to must be disability which is the result of an
(iii) Corporation shall be entitled to call for repayment of the Loan with all due interest
H$aZo H$o {bE A{YH$¥V hmJom. Amdí`H$Vm hmZoo na F$U H$s AXm`Jr Z hmo nmZo H$s Xem _| `m 'Accident' and must be total and permanent. Accidental injuries which
by giving 3 months' notice. In the event of failure to repay the Loan when required XþK©Q>Zmde MmoQ>| Omo AÝ` g^r H$maUm| go ñdV§Ì hmo Am¡a Eogr XþK©Q>Zm Ho$ hmoZo go 180
independently of all other causes and within 180 days from the happening of such
`hm± Cnamºo$ {Z`V {V{W`m| na `m H$«_e: àË`Ho$ {Z`V {V{W H$o ~mX 30 {XZm| H$o ^rVa or to pay interest on the due dates as herein above mentioned or within 30 days {XZm| Ho$ ^rVa hmoZo Ho$ \$bñdê$n Eogr An§JVm pñW{V hmo {OgHo$ H$maU ~r{_V ì`{º$
accident result in such disability due to which life assured is unable to perform at
ã`mO H$s AXm`Jr Z H$a nmZo H$s Xem _,| {ZJ_ Ûmam nm{°bgr H$m,o H$mBo© gMyZm {XE OmZo H$s after each due date respectively the policy shall be without the necessity of any `m§ÌrH$s` CnH$aU, {deof {S>dmBgm| `m AÝ` gmYZm| g{hV {H$gr ~mø ghm`Vm/ghmao
notice being given, foreclosed by the Corporation and the Corporation shall be least 4 (four) of the following Activities of Daily Living (defined below)
Amdí`H$Vm H$o ~Ja¡ ~X§ H$a {X`m OmEJm Ama¡ {ZJ_ F$U d ã`mO H$o ^JwVmZ _| nm{°bgr H$o Ho$ ~J¡a X¡{ZH$ OrdZ H$s {ZåZm§{H$V J{V{d{Y`m| _| go H$_ go H$_ 4 (Mma) J{V{d{Y`m± permanently without any external help/support including the use of mechanical
entitled to apply the surrender value allowable in respect of the policy in payment
g~§Y§ _| AZ_w{V`m½o` Aä`nU© _ëy` bmJy H$aZo H$m A{YH$mar hmJom. `Ú{n nUyV©: MHw$Vm `m (ZrMo n[a^m{fV) ñWmB© ê$n go H$aZo _| Ag_W© hmo, Vmo Eogr An§JVm H$mo g§nyU© Ed§ ñWmB© equipment, special devices or other aids, then such disability shall be treated as
of the Loan and interest. However, in case of fully paid up or inforce policies
à^mdr nm{°b{g`m| H$o _m_bo _| CÝh| ~X§ H$aZo H$s H$m`d©mhr bmJy Zht hmJor. foreclosure action shall not be applicable; Ho$ ê$n _| _mZm OmEJm. {ZJ_ Ûmam A{YH¥$V {M{H$ËgH$s` narjH$ Ûmam g§nyU© Ed§ ñWmB© Ho$ Total and Permanent. Medical Examiner authorized by the Corporation shall
iv) nm°{bgr Ho$ n[an d hmoZo H$s pñW{V _| `m _¥Ë`w Xmdo H$s pñW{V _| {ZJ_ F$U am{e ê$n _| An§JVm H$mo ñnï> H$aZo Ho$ {bE ~r{_V ì`{º$ H$m narjU {H$`m OmEJm. examine the life assured to certify the disability as Total and Permanent.
(iv) In case the policy shall mature or become a claim by death, the Corporation shall
`m CgHo$ {H$gr ^mJ H$m, Omo ~H$m`m hmo, nm°{bgr YZ go ã`mO g{hV H$mQ>Zo H$m A{YH$mar become entitled to deduct the amount of the Loan or any portion thereof which is X¡{ZH$ OrdZ H$s J{V{d{Y`m± h¢ : The Activities of Daily Living are:
hmoJm. outstanding, together with all interest from the policy moneys. · H$nS>o nhZZm - g^r Amdí`H$ H$nS>o, H¥${Ì_ hmW-n¡a `m AÝ` eë`-  Dressing - the ability to put on and take off all necessary garments, artificial limbs
{M{H$ËgH$s` CnH$aU, Omo {M{H$ËgH$s` ê$n go Amdí`H$ hm|, H$mo YmaU H$aZo `m CVmaZo or other surgical appliances that are medically necessary
10. g_ZwXoeZ Am¡a Zm_m§H$Z: H$s j_Vm.
10. Assignments and Nominations:  Washing - the ability to wash to maintain an adequate level of cleanliness and
A) g_ZwXoeZ … Bg ßbmZ Ho$ A§VJ©V ~r_m A{Y{Z`_ 1938 H$s$ Ymam 38 Ho$ AZwgma · YmoZm - gm\$-g\$mB© Am¡a ì`{º$JV ñdÀN>Vm H$m EH$ n`m©á ñVa ~ZmE aIZo Ho$ {bE personal hygiene
g_ZwXoeZ H$s AZw_{V h¡& Ymam 38 H$s dV©_mZ bmJy ì`dñWmE§ Bg nm°{bgr XñVmdoµO Ho$ a) Assignments: Assignment is allowed under this plan as per section 38 of the
YmoZo H$s j_Vm.  Feeding - the ability to transfer food from a plate or bowl to the mouth once food
Insurance Act, 1938, as amended from time to time. The current provisions of
n[a{eï> - III _| g_m{dï> h¢& · ImZm - ^moOZ Ho$ V¡`ma d CnbãY hmo OmZo Ho$ ~mX {H$gr ßboQ> `m H$Q>moao go _w±h VH$ ^moOZ has been prepared and made available
Section 38 are enclosed in Annexure-III of this policy document.
g_ZwXoeZ H$s gyMZm {ZJ_ Ho$ {Og H$m`m©b` go nm°{bgr godm Xr Om ahr h¡, dhm± na The notice of assignment should be submitted for registration to the office of the ñWmZm§V[aV H$aZo H$s j_Vm.  Toileting - the ability to use the lavatory or otherwise manage bowel and bladder
n§OrH$aU Ho$ hoVw àñVwV H$s OmZr Mm{hE& Corporation, where the policy is serviced. · em¡M - em¡Mmb` H$m Cn`moJ H$aZo `m AÝ`Wm _b Ed§ _yÌ àH$m`m] Ho$ à~§YZ H$s j_Vm functions so as to maintain a satisfactory level of personal hygiene
~) Zm_m§H$Z … g_`-g_` na g§emo{YV ~r_m A{Y{Z`_ 1938 H$s Ymam 39 Ho$ Vm{H$ ì`{º$JV ñdÀN>Vm Ho$ EH$ g§VmofàX ñVa H$mo ~ZmE aIm Om gHo$.  Mobility - the ability to move indoors from room to room on level surfaces at the
b) Nominations: Nomination by the holder of a policy of life assurance is required
AZwgma OrdZ ~r_m nm°{bgr YmaH$ H$mo Zm_m§H$Z H$aZm Amdí`H$ h¡& Ymam 39 H$s dV©_mZ as per section 39 of the Insurance Act, 1938, as amended from time to time. The
· J{VerbVm - Ka Ho$ ^rVa {Zdmg Ho$ gm_mÝ` ñWmZ na g_Vb gVh na EH$ H$_ao go normal place of residence
bmJy ì`dñWmE§ Bg nm°{bgr XñVmdoµO Ho$ n[a{eï> - IV _| g_m{dï> h¢& current provisions of Section 39 are enclosed in Annexure-IV of this policy
Xgao H$_ao _| AmZo-OmZo H$s j_Vm.  Transferring - the ability to move from a bed to an upright chair or wheel chair and
document. · ñWmZm§VaU - {H$gr {~ñVa go CR>H$a {H$gr grYr Hw$gu `m ìhrb Mo`a na ~¡R>Zo `m BgHo$ vice versa
Zm_m§H$Z `m Zm_m§H$Z _| n[adV©Z H$s gyMZm {ZJ_ Ho$ {Og H$m`m©b` go nm°{bgr godm Xr Om
The notice of nomination or change of nomination should be submitted for {dnarV H$aZo H$s j_Vm.
ahr h¡, dhm± na n§OrH$aU Ho$ hoVw àñVwV H$s OmZr Mm{hE& Zm_m§H$Z H$m n§OrH$aU H$aZo na
registration to the office of the Corporation, where the policy is serviced. In
{ZJ_ H$moB© Xm{`Ëd ñdrH$ma Zhr H$aoJm `m CgH$s d¡YVm `m d¡Ym{ZH$ n[aUm_ na H$moB© XKþQ©>Zmde MmQo>| Omo AÝ` g^r H$maUm| go ñdV̧ hmo Ama¡ Eg o r XKþQ©>Zm H$o hmZoo go 180 {XZm| Notwithstanding what is mentioned above, Accidental injuries which
registering nomination the Corporation does not accept any responsibility or
{Q>ßnUr Zht H$aoJm& express any opinion as to its validity or legal effect. H$o ^rVa hm,o {OgH$o \$bñdê$n XmZom| AmI ± m| H$s gn§Uy© Ñ{ï> `m ~mb
o Zo H$s `m gZwZo H$s j{V independently of all other causes and within 180 days from the happening of such
accident, result in the irrecoverable loss of the entire sight of both eyes or in the
11. EbAmB©gr H$m XþK©Q>Zmde _¥Ë`w Ed§ An§JVm {hVbm^ amBS>a: Bg nm°{bgr Ho$ CÔoí` 11. LIC's Accidental Death and Disability Benefit Rider: An Accident for the purpose hmo OmE `m EH$/XmZom| hmW/hmWm| H$m AJ§ÀN>XoZ H$bmB© go `m Cggo D$na go hmo OmE `m amputation of both hands at or above the wrists or in the amputation of both feet at
go EH$ XþK©Q>Zm H$mo Bg àH$ma n[a^m{fV {H$`m J`m h¡ : ""EH$ XþK©Q>Zm AMmZH$, of this policy is defined as “An Accident is a sudden, unforeseen and EH$/XmZom| na¡/na¡m| H$m AJ§ÀN>XoZ Q>IZm| na `m Cggo D$na hmo OmE, `m {H$Ýht à_I w AJ§m| or above ankles, or in the amputation of one hand at or above the wrist and one
AàË`m{eV Ed§ Añd¡pÀN>H$ ê$n go hmoZo dmbr KQ>Zm h¡, Omo ~mø, qhgH$ Ed§ involuntary event caused by external, violent and visible means.” `m CZH$s àH$m`V©m H$s j{V hmo OmE, Cgo ^r Eg o r AnJ§Vm hmZom _mZm OmEJm. foot at or above the ankle, shall also be deemed to constitute such disability.
{XImB© XoZo `mo½` gmYZm| go hmo.'' AnJ§Vm H$o VËH$mb ~mX CgH$m naym ã`ma¡m Ama¡ ~r{_V ì`{º$ H$m VËH$mbrZ nVm Ama¡ After the happening of the disability, full particulars thereof must be given in
EbAmB©gr H$m XþK©Q>Zmde _¥Ë`w Ed§ An§JVm {hVbm^ A{V[aº$ àr{_`_ Ho$ ^wJVmZ na LIC's Accidental Death and Disability Benefit Rider is available on payment of writing to the office of the Corporation where this Policy is serviced together with
{R>H$mZm {b{IV ê$n _| {ZJ_ H$o Cg H$m`mb© ` H$mo Xo {X`m OmE Ohm± go Bg nm{°bgr H$mo gdom
CnbãY h¡. additional premium. the then address and whereabouts of the Life Assured and within 90 days of the
CnbãY H$admB© OmVr h¡ Ama¡ AnJ§Vm hmZoo H$o 90 {XZ H$o ^rVa AnJ§Vm H$m {OgH$m H$mBo© happening of the disability, must be given to the servicing Office of the
EH$ à^mdr nm°{bgr Ho$ A§VJ©V XþK©Q>Zmde _¥Ë`w Ed§ An§JVm bm^ amBS>a H$mo àr{_`_ Under an inforce policy the Accidental Death and Disability Benefit Rider can be ì`` {ZJ_ dhZ Zht H$aJom Ama¡ O~ H$^r {ZJ_ _mJ±,o AnJ§Vm Omar ahZo H$m Eg o m à_mU Corporation, in the manner required by it, proof of disability satisfactory to the
^wJVmZ Ad{Y Ho$ ^rVa {H$gr ^r g_`, bo{H$Z Cg nm°{bgr df©Jm±R> Ho$ nhbo MwZm Om opted for at any time within the premium paying term but before the policy {X`m OmE. {H$gr ^r AnJ§Vm Xmdo H$o g~§Y§ _| gMyZm {_bZo H$o ~mX {ZJ_ Ûmam A{YH$¥V Corporation and without any expense to the Corporation. Medical Examiner
gH$Vm h¡, {Og na OrdZ ~r{_V ì`{º$ Ho$ {ZH$Q> OÝ_{XZ H$s Am`w 70 df© h¡. Ohm± ^r anniversary on which the age nearer birthday of the Life Assured is 70 year. {M{H$ËgH$s` narjH$ Ûmam ~r{_V ì`{º$ H$m narjU {H$`m OmEJm Ama¡ Cgo à_m{UV {H$`m authorized by the Corporation shall examine the Life Assured and certify in
nm°{bgr Ho$ A§VJ©V Bg amBS>a H$mo MwZm J`m h¡, dhm± ~r_m gwajm nm°{bgr Ad{Y Ho$ Xm¡amZ Wherever this rider has been opted for under the policy, the cover will be available respect of any disability claimed after the intimation. Further, medical examination
during the policy term or before the policy anniversary on which the age nearer
OmEJm. BgH$o Abmdm, `{X Amdí`H$Vm hBþ© Vmo AbJ-AbJ _m_bm| H$o AmYma na AnJ§Vm
`m Cg nm°{bgr df©Jm±R> Ho$ nhbo CnbãY hmoJr, {Og na ~r{_V ì`{º$ Ho$ {ZH$Q> OÝ_{XZ may be done to validate the continuity of disability on case to case basis, if
H$s Am`w 70 df© h¡, Omo ^r OëXr hmo, ~eV} XþK©Q>Zm H$s {V{W na nm°{bgr nyU© ~r_mH¥$V birthday of the Life Assured is 70 years, whichever is earlier, provided the Policy is H$o Omar ahZo H$o gË`mnZ H$o {bE {M{H$ËgH$s` narjU {H$E Om gH$Vo h.¢
required.
am{e Ho$ {bE Mmby AdñWm _o hmo. in force for the full Sum Assured as on date of accident.

Size : 12(H) x 7.5(W) inch


{H$gr ^r g_` `h nmE OmZo H$s Xem _|, {H$ Bg I§S> Ho$ A§VJ©V H$moB© Xmdm JbVr go In the event of it being discovered at any time that a claim under this clause has Ohm± nm°{bgr nyUm©d{Y Xmdo _| n[ad{V©V hmoVr h¡ `m nm°{bgr Ho$ Aä`n©U H$s Xem _|, ~r{_V Where the policy results into a maturity claim or in case of surrender of a policy,
ñdrH$ma H$a {b`m J`m h¡, {ZJ_ H$s Bg Ame` H$s gyMZm H$s {V{W Ho$ ~mX Xo` hmoZo dmbr been wrongly admitted, all premiums falling due after the date of the Corporation's ì`{º$ Ûmam Am`w à_mU-nÌ, AJa Am`w nhbo ñdrH¥$V Zht hwB© h¡, Ho$ gmW {d_w{º$ nÌ Am¡a the Life Assured shall submit the discharge form along with the original policy
g^r {V{W`m| H$m ^wJVmZ {H$`m OmEJm Am¡a AmJm_r g^r àr{_`_ {OZHo$ {bE Ny>Q> H$m intimation to that effect shall be paid on due dates and further all premiums for document, NEFT mandate from the claimant for direct credit of the claim amount
_yb nm°{bgr àboI, ~¢H$ ImVo _| Xmdo H$s am{e grYo O_m H$aZo Ho$ {bE XmdmH$Vm© H$s Amoa
Xmdm JbV VarHo$ go {H$`m J`m Wm Am¡a A{V[aº$ ~r_mH¥$V am{e H$s g^r {H$ñV| Omo ~r{_V which waiver was wrongly claimed and all instalments of additional sum assured to the bank account besides proof of age, if the age is not admitted earlier.
which have been paid to the life assured shall be returned to the Corporation in go EZB©E\$Q>r AmXoe nÌ àñVwV {H$`m OmEJm.
ì`{º$ H$mo ^wJVmZ H$s JB© h¢, {ZJ_ H$mo ã`mO g{hV EH$_wíV am{e Ho$ ê$n _| Cg Xa na Where policy results into a accidental disability/death claim the applicable
one lump sum with interest, at such rate as fixed by the Corporation from time to Ohm± nm°{bgr {H$gr XþK©Q>Zmde An§JVm/_¥Ë`w Xmdo _| n[ad{V©V hmo, {ZåZm§{H$V gyMr go
bm¡Q>mB© OmE±Jr, Omo {ZJ_ Ûmam g_`-g_` na V` H$s OmE±, O¡go {H$ H$moB© An§JVm Zht hþB© time, as if no disability had occurred, failing which
statements from the following list may be called to ascertain circumstances
h¡, Eogm Z H$aZo na bmJy dº$ì` CZ n[apñW{V`m| H$s OmM± H$o {bE ~b w mE Om gH$Vo h,¢ {OZ_| _Ë¥`/wAnJ§Vm hBþ© h¡ : under which death / disability took place:-
(i) the benefits available under the policy shall stand reduced as if the policy has been 1. àW_ gyMZm à{VdoXZ (E\$AmB©Ama) H$s EH$ à_m{UV à{V. 1) A certified copy of first information report (FIR).
(i) Bg nm°{bgr Ho$ A§VJ©V CnbãY bm^ Cgr àH$ma go H$_ hmo OmE±Jo, O¡go nm°{bgr Cg {V{W
discontinued as on the date from which premiums have been waived or on the 2. nw{bg AZwg§YmZ à{VdoXZ H$s EH$ à_m{UV à{V.
na ~§X hþB© h¡, O~ go àr{_`_m| H$mo _m\$ {H$`m J`m h¡ `m {Og na A{V[a V ~r_mH¥$V am{e payment of the first instalment of the additional sum assured, whichever is earlier
2) A certified copy of police inquest report.
H$s nhbr {H$ñV H$m ^wJVmZ hþAm h¡, Omo ^r OëXr hmo, Am¡a 3. n§MZm_o H$s à{V. 3) Copy of panchanama.
and
(ii) nhbo hr ^wJVmZ H$s Om MwH$s A{V[aº$ ~r_mH¥$V am{e H$s {H$ñVm| H$mo H${WV nm°{bgr na 4. _¥Ë`w Ho$ g§^m{dV H$maU H$mo OmZZo Ho$ {bE nmoñQ> _mQ>©_ [anmoQ>©. AJa nmoñQ> _mQ>©_ _| 4) Post mortem report to know the probable cause of death. If viscera is
(ii) the instalments of additional sum assured already paid shall be treated as a debt Am±Vm| H$mo g§a{jV {H$`m J`m hmo, Vmo CgH$s {df`-dñVwAm| H$mo OmZZo Ho$ {bE
EH$ F$U Ho$ ê$n _| {b`m OmEJm Am¡a nm°{bgr H$s àm{á`m| go ^wJVmZ go g_` na {ZJ_ Ûmam against the said policy and shall be deducted with interest at such rate as fixed by preserved in post mortem, then chemical analyzer report to know the
amgm`{ZH$ {díbofH$ à{VdoXZ, {H$ ~r{_V ì`{º$ Zo eam~, Zerbr XdmAm|, contents i.e. whether life assured has consumed liquor, drugs, narcotics or
V` H$s JB© Xam| na ã`mO g{hV H$mQ>m OmEJm. the Corporation from time to time from the proceeds of the policy.
ZmaH$mo{Q> g `m Oha H$m godZ Vmo Zht {H$`m Wm. poison.
A{V[aº$ ~r_mH¥$V am{e H$s H$moB© AmJm_r {H$ñV/V| Xo` Zht hmo|Jr {OÝh| Bg Vah g_Pm No further instalment/s of additional Accident Benefit Sum Assured shall be 5. g_mMma nÌ H$s H$VaZ Ohm± XþK©Q>Zm à{Vdo{XV hþB© hmo. 5) News paper cuttings where accident is reported.
OmEJm {H$ H$moB© An§JVm Zht hþB© h¡. payable considering as if no disability had occurred.
6. AJa _¥Ë`w dmhZ XþK©Q>Zm Ho$ H$maU hþB© h¡, Vmo S´>mBqdJ bmBg|g H$s à{V, `{X dmhZ 6) If death is due to vehicle accident, then copy of driving licence, if life assured
~r{_V ì`{º$ Ûmam Mbm`m Om ahm Wm. was driving the vehicle.
(I)~r{_V ì`pŠV H$s _¥Ë`w hmoZo Ho$ _m_bo _|: Bg nm°{bgr Ho$ A§VJ©V _yb ~r_mH¥$V am{e Ho$ (b) Death of the Life Assured: In addition to Basic Sum Assured, an additional sum 7. _¥Ë`w Ho$ ~mao _| g~-{S>{dµOZb _{OñQ´>oQ> H$m A§{V_ {ZU©` - Bggo _¥Ë`w H$m
A{V[aº$, XþK©Q>Zm {hVbm^ ~r_mH¥$V am{e Ho$ ~am~a EH$ A{V[aº$ am{e Xo` hmoJr. `Ú{n equal to the Accident Benefit Sum Assured shall be payable under this policy. 7) Sub-divisional magistrate final verdict about death- this will give
dJuH$aU "ñdm^m{dH$/AmË_hË`m/XþK©Q>Zmde_ Ho$ ê$n _| hmoJm. classification of death as 'natural/suicide/accidental'
nm°{bgr H$mo XþK©Q>Zm Ho$ g_` na à^mderb hmoZm Mm{hE, Mmho dh _¥Ë`w Ho$ g_` na However, the policy shall have to be in force at the time of accident irrespective of
8. AJa XKþQ©>Zm H$mo n{wbg àm{YH$m[a`m| H$mo à{Vd{oXV Zht {H$`m J`m h,¡ Og ¡ o H$wÎmm `m gmn±
à^mderb hmo `m Z hmo. whether or not it is in force at the time of death. 8) When accident is not reported to police authorities, like death due to dog or
H$mQ>Zo go _Ë¥`,w Vmo dH¡$pënH$ gmú`, Og
¡ o àË`jXeu gmjr H$m dº$ì`, Jm«_gdoH$ `m
{ZJ_ (H$) `m (I) _| g§X{^©V A{V[aº$ am{e XoZo Ho$ {bE CÎmaXm`r Zht hmoJm, `{X OrdZ snake bite, then alternate proofs such as statement of eye witness, affidavit
The Corporation shall not be liable to pay the additional sum referred in (a) or (b) emgH$s` A{YH$m[a`m| H$m enW-nÌ, h_mam AnZm nNy>VmN> à{VdXoZ, BbmO H$aZo
~r{_V ì`{º$ H$s An§JVm `m _¥Ë`w : of gramsevak or govt. officials, our own enquiry report, attending physician
above, if the disability or the death of the Life Assured shall: dmbo{M{H$ËgH$ `m AñnVmb H$o à{VdXoZ Am{X n`má© hmogH$Voh.¢ or hospital reports may be sufficient.
(i) OmZ~yP H$a AnZo H$mo MmoQ> nhþ§MmZo, AmË_hË`m H$m à`mg H$aZo, nmJbnZ AWdm (i) be caused by intentional self injury, attempted suicide, insanity or immorality or 9. AñnVmb CnMma A{^boI, Am{X.
AZ¡{VH$ AmMaU Ho$ H$maU AWdm {H$gr _mXH$ Ðd nXmW©, Am¡f{Y `m Zerbr dñVwAm| 9) Hospital treatment records, etc.
whilst the Life Assured is under the influence or consumption of intoxicating
(O~ VH$ CnMma Ho$ EH$ ^mJ Ho$ ê$n _| {M{H$ËgH$ Ûmam Bgo {bIm Z J`m hmo) H$s godZ 14. d¡Ym{ZH$ n[adV©Z: Bg nm°{bgr Ho$ A§VJ©V Xo` àr{_`_m| Am¡a {hVbm^m| g{hV {Z`_ 14. Legislative Changes: The Terms and Conditions including the premiums and
liquor, narcotic or drug (unless prescribed by doctor as a part of treatment); or
H$aZo go hmoJr AWdm, Am¡a eV] g§~§{YV H$mZyZm| Am¡a {d{Z`_m| Ho$ AZwgma n[adV©Zr` h¢. benefits payable under this policy are subject to variation in accordance with the
(ii) be caused by injuries resulting from taking any part in riots, civil commotion, relevant Legislation & Regulations.
(ii) X§Jm|, Ag¡{ZH$ CnÐdm|, geó {dÐmoh, `wÜX (^bo hr `wÜX H$s KmofUm H$s JB© hmo `m Z H$s rebellion, war (whether war be declared or not), invasion, hunting,
15. Hy$qbJ Am°\$ Ad{Y: `{X nm°{bgrYmaH$ nm°{bgr Ho$ ""{Z`_ Am¡a eVm]__ go g§Vwï> Zht h¡
JB© hmo), AmH«$_U, {eH$ma, nd©VmamohU, b§~r N>bm§J `m {H$gr ^r àH$ma H$s ^mJXm¡S>, Vmo dh nm°{bgr àmá hmoZo H$s {V{W go 15 {XZm| Ho$ AÝXa Amn{Îm`m| H$m H$maU ~VmVo hþ`o 15. Cooling-off Period: If the Policyholder is not satisfied with the “Terms and
mountaineering, steeple chasing, racing of any kind, paragliding or parachuting,
n¡am½bmBqS>J `m n¡ameyqQ>J, amo_m§MH$ Iobm| _| ^mJ boZm Ho$ \$bñdê$n MmoQ> bJZo Ho$ H$maU Conditions” of the policy, he/she may return the policy to the Corporation within
taking part in adventurous sports; or {ZJ_ H$mo nm°{bgr bm¡Q>m gH$Vm h¡. BgHo$ àmá hmoZo na {ZJ_ nm°{bgr {ZañV H$aHo$, O_m
hmoJr AWdm, 15 days from the date of receipt of the policy stating the reason of objections. On
(iii) result from the Life Assured committing any criminal act with criminal intent; or H$s JB© àr{_`_ H$s am{e go [añH$ àr{_`_ (_yb `moOZm Am¡a amBS>a AJa H$moB© hmo,) Ed§ receipt of the same the Corporation shall cancel the policy and return the amount
(iii) ~r{_V ì`{º$ Ûmam Amnam{YH$ BamXogoH$mBo©Amnam{YH$ H$¥Ë` H$aZoH$o n[aUm_ñdê$n hm;o `m {M{H$ËgH$s` narjU, {deof à{VdoXZm|, `{X H$moB© hmo, Ed§ ñQ>¡ån ewëH$ Ho$ {bE ewëH$m| H$s of premium deposited after deducting the proportionate risk premium (for basic
(iv) (a) arise from employment of the Life Assured in the armed forces or military
(iv)(A) ~r{_V ì`p V Ho$ geñÌ goZm `m g¡Ý` godm _| Zm¡H$ar _| hmoZo Ho$ H$maU hmo. `h service. This exclusion is not applicable if the Life Assured was involved in an
H$Q>m¡Vr Ho$ ~mX dm{ng H$a XoJm. plan and rider(s), if any) for the period on cover and charges for medical
AndO©Z V~ bmJy Zht hmoJm, `{X ~r{_V ì`{º$ V~ {H$gr XþK©Q>Zm go g§~Õ Wm, O~ dh accident when he is not on duty or was involved in any rescue operations while examination, special reports, if any and stamp duty.
16. bm^ {MÌU: _mZH$ OrdZ nyd©YmaUm na AmYm[aV AmnH$m AZwHy${bV bm^ {MÌU Bg
S>çyQ>r na Zht Wm `m h_mao Xoe _| àmH¥${VH$ AmnXmAm| go bS>Vo g_` {H$gr ~Mmd combating natural calamities in our country 16. Benefit illustration: Your customized Benefit Illustration based on standard life
àboI Ho$ gmW g§b¾ h¡.
A{^`mZ go g§~Õ Wm. assumption is enclosed to this document.
(iv) (b) arise from being engaged in police duty (which excludes administrative
(~) AÕ©g¡{ZH$ ~bm| Ho$ Abmdm {H$gr nw{bg g§JR>Z _| nw{bg S>çyQ>r _| g§~Õ hmoZo Ho$ assignments) in any police organization other than paramilitary forces. This
~r_m A{Y{Z`_, 1938 H$s Ymam 45 Section 45 of Insurance Act, 1938:
\$bñdê$n hmo ({Og_| àemg{ZH$ H$m`©^ma em{_b Zht h¢). `h AndO©Z dhm± bmJy Zht exclusion is not applicable where the option to cover Accidental Death and
Disability Benefit arising on accident while engaged in police duty, has been
~r_m A{Y{Z`_, 1938 H$s Ymam 45 H$s ì`dñWmE§ g_`-g_` na g§emoYZ Ho$ AZwgma bmJy The provision of Section 45 of the Insurance Act, 1938 shall be applicable as amended
h¡, Ohm± nw{bg S>çyQ>r _| g§~Õ ahVo hþE hmoZo dmbr XþK©Q>Zm na XþK©Q>Zmde _¥Ë`w Ed§ An§JVm
chosen; or hmo OmE§Jr& dV©_mZ ì`dñWmE§ Bg nm°{bgr XñVmdoµO Ho$ n[a{eï>-V _| g_m{dï> h¢& from time to time. The current provisions are contained in Annexure-V of this policy
bm^ Ho$ {bE {dH$ën H$mo MwZm J`m hmo; `m
document.
(v) ~r{_V ì`p V Ho$ XþK©Q>ZmJ«ñV hmoZo H$s {V{W go 180 {XZm| Ho$ ~mX hmoJr. (v) occur after 180 days from the date of accident of the Life Assured.
{eH$m`V {ZamH$aU aMZm Grievance Redressal Mechanism:
J«mhH$m| H$s {eH$m`Vm| H$m {ZamH$aU H$aZo hoVw {ZJ_ Zo emIm / {d^mJ /joÌr¶ / H|$Ðr` The Corporation has Grievance Redressal Officers at Branch/ Divisional/ Zonal/
12. {ZJ_ H$o bm^ _| à{V^m{JVm: ~eV} {H$ nm{°bgr nUy© ê$n go à^mdr hm,o Vmo {ZJ_ H$o AZ^wd 12. Participation in the Profits of the Corporation: Provided the policy is in full force, H$m`m©b` Ho$ ñVa na {eH$m`V {ZamH$aU A{YH$mar H$s {Z`w{º$ H$s h¡& J«mhH$m| H$s {eH$m`Vm| H$m Central Office to redress grievances of customers. For ensuring quick redressal of
depending upon the Corporation's experience the policy shall participate in profits OëX {ZamH$aU gw{ZpíMV H$aZo hoVw {ZJ_ Zo AnZo J«mhH$ nmoQ©b (do~gmB©Q>) customer grievances the Corporation has introduced Customer friendly Integrated
H$o AmYma na `h nm{°bgr bm^ _| ^mJrXmar H$aJor Ama¡ `h nm{°bgr Cg Xa na Ed§ CZ eVm]
and will be eligible for a Simple Reversionary Bonus at such rate and on such Complaint Management System through our Customer Portal (website) which is
na EH$ gab àË`md{VV© ~mZog H$o `m½o` hmJor, Omo{ZJ_ Ûmam Km{ofV H$s Om gH$Vr h.¢ http://www.licindia.in, Ho$ _mÜ`_ go J«mhH$ g§MmbZ `mo½` EH$mpË_H$ {eH$m`V ì`dñWmnZ
terms as may be declared by the Corporation. http://www.licindia.in, where a registered policy holder can directly register
gab àË`md{VV© ~mZogm| H$mo àË`Ho$ {dÎmdf© H$o AV§ _| dm{fH©$ ê$n go Km{ofV {H$`m OmEJm, àUm{b àñVwV H$s h¡, Ohm± na n§OrH¥$V nm°{bgr YmaH$ AnZm AgÝVmof / {eH$m`V àË`j XO© complaint/ grievance and track its status. Customers can also contact at e-mail id
Simple Reversionary Bonuses shall be declared annually at the end of each
~eVn}m{°bgr nUy© ê$n go à^mderb hm.o EH$ ~ma Km{ofV H$a {XE OmZo H$o ~mX, do `mO o Zm H$o financial year provided the policy is in full force. Once declared, they form part of
H$a gH$Vo h¢, VWm CgH$s pñW{V H$m AdbmoH$Z H$a gH$Vo h¢& {eH$m`Vm| Ho$ {ZamH$aU Ho$ hoVw co_crmgrv@licindia.com for redressal of any grievances.
JmaQ§>rS> bm^m| H$m {hñgm ~Z OmVo h.¢ gab àË`md{VV© ~mZog nm{°bgr H$o eêw$ hmZoo H$s {V{W the guaranteed benefits of the plan. Simple Reversionary Bonuses will be added J«mhH$ co_crmgrv@licindia.com Bg B©-_ob AmB©S>r na g§nH©$ H$a gH$Vo h¢& In case the customer is not satisfied with the response or do not receive a response
go MZwr JB© nm{°bgr Ad{Y VH$ `m _Ë¥`w VH$, `{X `h nhbo hmVor h,¡ em{_b {H$E OmEJ±.o from the date of commencement of policy until the selected policy term or till `{X J«mhH$ {_bo Odm~ go g§Vwï> Zhr h¢ `m h_go 15 {XZm| Ho$ ^rVa Odm~ Zht nmVm h¡, Vmo dh from us within 15 days, then the customer may approach the Grievance Cell of the
{H$gr MHw$Vm nm{°bgr H$s Xem _| {Z{hV ~mZogm| H$m ^JwVmZ H$odb V^r {H$`m OmEJm, O~ H$_ death, if it occurs earlier. J«mhH$ AmB©AmaS>rEAmB© Ho$ {eH$m`V H$j go {H$gr ^r {ZåZ{b{IV _mJ© go g§nH©$ H$a gH$Vo h¢& IRDAI through any of the following modes:
go H$_ 3 nUy© nm{°bgr dfm] H$s àr{_`_m| H$m ^JwVmZ H$a {X`m J`m hm.o àr{_`_m| H$m ^JwVmZ In case of a paid up policy vested bonuses shall be payable only if at least 3 full  Q>mob \$s g§»`m 155255/ 18004254732 (`m{Z AmB©AmaS>rEAmB© {eH$m`V  Calling Toll Free Number 155255 / 18004254732 (i.e. IRDAI Grievance Call
{Z`_mZg w ma Z {H$E OmZo H$s Xem _,| bm^m| _| nm{°bgr H$s à{V^m{JVm ñW{JV hmo OmEJr, Mmho years' premiums have been paid. In case the premiums are not duly paid, the Centre)
H$j H|$Ð) na H$m°b H$a|&
policy shall cease to participate in profits irrespective of whether or not the policy
nm{°bgr ZoMHw$Vm _ëy` (H$_ H$s JB©_b y ~r_mH$¥V am{e) àmá {H$`m hmo`m Z {H$`m hm.o  complaints@irda.gov.in na B©-_ob ^oO H$a&  Sending an email to complaints@irda.gov.in
has acquired paid up value (reduced Basic Sum Assured)
nm°{bgr H$mo Aä`{n©V {H$E OmZo H$s Xem _|, {Z{hV ~moZgm| H$m ZH$X _yë`, `{X H$moB© h¡,  http://www.igms.irda.gov.in na {eH$m`V XO© H$a|&  Register the complaint online at http://www.igms.irda.gov.in
In the event of policy being surrendered, the surrender value of vested bonuses, if
O¡gm ^r Aä`n©U H$s {V{W na bmJy hmo, Cnamoº$ eV© 8 _| {Z{X©ï> {H$E AZwgma Xo` hmoJm. any, as applicable on the date of surrender, will be payable as specified in  Address for sending the complaint through courier / letter:
 J«mhH$ _m_bm {d^mJ, ^maVr` ~r_m {Z`§ÌU VWm {dH$mg àm{YH$aU, 9dt _§{Ob,
`moOZm Ho$ A§VJ©V Cg df© _| A§{V_ (A{V[aº$) ~moZg ^r Kmo{fV {H$E Om gH$Vo h¢, Condition 8 above. Consumer Affairs Department, Insurance Regulatory and Development Authority
`wZmB©Q>oS> B§{S>`m Q>mdg©, ~era~mJ, h¡Xam~mX - 500029, Am§Y« àXoe Ho$ nVo na of India, 9th Floor, United India Towers, Basheerbagh, Hyderabad – 500 029,
O~ nm°{bgr Ad{Y Ho$ Xm¡amZ nm°{bgr _¥Ë`w Xmdo _| n[a{UV hmo OmE `m n[an dVm Final (Additional) bonus may also be declared under the plan in the year when the
{eH$m`V nÌÛmam / Hw$[a`a Ûmam ^oO H$a& Andhra Pradesh.
bm^ ^wJVmZ H$m ^wJVmZ Z hmoZo Ho$ H$maU H$mbmVrV hmo JB© h¡, Ho$ {bE ~H$m`m hmo OmE, policy results into death claim during the policy term or due for the maturity
benefit payment, provided the policy has run for certain minimum term.  040-66789768 na AnZr {eH$m`V \¡ g na ^|O Xo&  Sending the complaint by Fax to 040-66789768
~eV} nm°{bgr Hw$N> Ý`yZV_ Ad{Y Ho$ {bE à^mderb aho.
A§{V_ (A{V[aº$) ~moZg H$_ H$s JB© MwH$Vm nm°{b{g`m| Ho$ A§VJ©V Xo` Zht hmoJm. Final (Additional) Bonus shall not be payable under reduced paid-up policies. _¥Ë`w Xmdm n[aË`mJ Ho$ {ZU©` go AgÝVwï> XmdoXmam| Ho$ nmg AnZo _m_bm| H$m nwZ arjU H$aZo Ho$ Claimants not satisfied with the decision of death claim repudiation have the option of
{bE joÌr¶ H$m`m©b` Xmdm {ddmX {ZamH$aU g{_Vr `m H|$Ðr` H$m`m©b` Xmdm {ddmX {ZamH$aU referring their cases for review to Zonal Office Claims Dispute Redressal Committee or
13. Xmdo Ho$ {bE gm_mÝ` AnojmE§: nm°{bgrYmaH$ H$s _¥Ë`w hmoZo na XmdoXma Ûmam Xmdm àñVwV 13. Normal requirements for a claim: The normal documents which the claimant g{_Vr Ho$ nmg ^oOZo H$m {dH$ën CnbãY h¡& C Ý`m`mb` / {Obm Ý`m`mb` Ho$ godm {Zd¥Îm Central Office Claims Dispute Redressal Committee. A retired High Court/ District
shall submit while lodging the claim in case of death of the Life Assured shall be Ý`m`m{Ye àË`oH$ Xmdm {ddmX {ZamH$aU g{_{V Ho$ gXñ` ah|Jo& Xmdm| Ho$ g§X^© _o {eH$m`Vm| Ho$ Court Judge is member of each of the Claims Dispute Redressal Committees. For
H$aVo g_` Xo` gmYmaU XñVmdoOm| _| Xmdm \$m°_©, _yb nm°{bgr XñVmdoO, ñdm{_Ëd H$m
claim forms, as prescribed by the Corporation, accompanied with original policy redressal of Claims related grievances, claimants can also approach Insurance
à_mU, _¥Ë`w H$m à_mU, XþK©Q>Zm/An§JVm H$m à_mU, _¥Ë`w go nyd© H$m d¡ÚH$s` CnMma, document, NEFT mandate from the claimant for direct credit of the claim amount
{ZamH$maU hoVw XmdoXma ~r_m bmoH$nmb go ^r g§nH©$ H$a gH$Vo h¢, Omo J«mhH$m| H$mo H$_ I{M©bm
Ombudsman who provides for low cost and speedy arbitration to customers.
{Z`mo Vm H$m à_mUnÌ, BZ_| go Omo bmJy hmo, {ZJ_ H$mo g§VmofàX ê$n _| noe H$aZm hmoJm. to the bank account, proof of title, proof of death, proof of accident/disability, VWm ObX _Ü`ñW {ZU©` XoZo H$m à~ÝY H$aVo h¡&
AJa nm°{bgr Ho$ A§VJ©V Am`w ñdrH¥$V Zht H$s JB© h¡, Vmo ~r{_V ì`p V H$s Am`w H$m à_mU medical treatment prior to the death; employer's certificate, whichever is
^r àñVwV H$aZm hmoJm. applicable, to the satisfaction of the Corporation. If the age is not admitted under
the policy, the proof of age of the Life assured shall also be submitted.

Size : 12(H) x 7.5(W) inch


n[a{eï> III Annexure - III

AZwb½ZH$/ANNEXURE - I g_ZwXoeZ-~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m


A{Y{Z`_, 1938 H$s Ymam 38 Ho$ AZwgma
Assignment - As per Section 38 of the Insurance Act 1938, as amended by the
Insurance Laws (Amendment) Act, 2015
(1) A transfer or assignment of a policy of insurance, wholly or in part, whether
1. ~r_m nm°{bgr H$m A§VaU `m g_ZwXoeZ, nyU©V: `m A§eV: à{V\$bg{hV `m BgHo$ {~Zm,
Hw$b àXÎm àr{_`_ Ho$ {bE bmJy Jma§Q>rS> Aä`n©U _yë` H$maH$ Ho$db nm°{bgr na hr n¥ð>m§H$Z `m AbJ go B§ñQ¯>_oÝQ> Ûmam {H$gr ^r _m_bo _| A§VaUH$Vm©
with or without consideration, may be made only by an endorsement upon the
policy itself or by a separate instrument, signed in either case by the transferor
`m g_ZwXoeH$ `m CZHo$ A{YH¥$V EOoÝQ> Ûmam {H$`m Om gH$Vm h¡, {Ogo H$_ go H$_ EH$ or by the assignor or his duly authorised agent and attested by at least one
Guaranteed Surrender Value factors applicable to total premiums paid gmjr Ûmam gË`m{nV {H$`m OmZm Mm{hE, {deof ê$n go A§VaU `m Aä`n©U Ho$ VÏ` Am¡a witness, specifically setting forth the fact of transfer or assignment and the
reasons thereof, the antecedents of the assignee and the terms on which the
nm°{bgr Ad{Y/Policy Term (à{VeV _|/in percentage)
H$maU, g_ZwXo{eV Ho$ nyd©d¥Îm Am¡a g_ZwXoeZ H$s eVm] H$m CëboI H$aVo hþE& assignment is made.
Ad{Y/Year 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 2. ~r_mH$Vm© Cn-Ymam (1) H$o AV§JV© {H$E JE {H$gr AV§aU `m g_ZXweoZ H$mo ñdrH$ma H$a (2) An insurer may, accept the transfer or assignment, or decline to act upon any
1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 gH$Vm h¡ `m {H$gr nð¥>mH§$Z H$mo ñdrH$ma H$aZo go _Zm H$a gH$Vm h,¡ AJa CgH$o nmg `h endorsement made under sub-section(1), where it has sufficient reason to
2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 believe that such transfer or assignment is not bonafide or is not in the interest
3 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 30.00 _mZZo H$m n`mß©V H$maU hmo {H$ `h AV§aU `m g_ZXweoZ dmñV{dH$ Zht h¡ `m nm{°bgrYmaH$
4 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 of the policyholder or in public interest or is for the purpose of trading of
H$o {hV _|`m OZ{hV `m ~r_m nm{°bgr H$s Q>´qoS>J H$o à`mOo Z hVowCn`w V Zht h&¡ insurance policy.
5 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00
6 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 3. ~r_mH$Vm©, n¥ð>m§H$Z na A_b H$aZo go BÝH$ma H$aZo go nhbo AnZr AñdrH¥${V Ho$ H$maU (3) The insurer shall, before refusing to act upon the endorsement, record in
7 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00 50.00
8 54.29 53.75 53.33 53.00 52.73 52.50 52.31 52.14 52.00 51.88 51.76 51.67 51.58 51.50 51.43 51.36 51.30 51.25 51.20 51.15 51.11 H$mo {b{IV _| XO© H$aoJm VWm nm°{bgrYmaH$ Ûmam Eogo A§VaU `m g_ZwXoeZ H$m Zmo{Q>g writing the reasons for such refusal and communicate the same to the
9 58.57 57.50 56.67 56.00 55.45 55.00 54.62 54.29 54.00 53.75 53.53 53.33 53.16 53.00 52.86 52.73 52.61 52.50 52.40 52.31 52.22 XoZo H$s {V{W go 30 {XZm| Ho$ A§Xa Eogr AñdrH¥${V go nm°{bgrYmaH$ H$mo gy{MV H$aoJm& policyholder not later than thirty days from the date of the policy-holder giving
10 62.86 61.25 60.00 59.00 58.18 57.50 56.92 56.43 56.00 55.63 55.29 55.00 54.74 54.50 54.29 54.09 53.91 53.75 53.60 53.46 53.33 notice of such transfer or assignment.
11 67.14 65.00 63.33 62.00 60.91 60.00 59.23 58.57 58.00 57.50 57.06 56.67 56.32 56.00 55.71 55.45 55.22 55.00 54.80 54.62 54.44 4. ~r_mYmaH$ Ûmam Eogo A§VaU `m n¥ð>m§H$Z na A_b H$aZo go BÝH$ma H$aZo go à^m{dV H$moB© (4) Any person aggrieved by the decision of an insurer to decline to act upon such
12 71.43 68.75 66.67 65.00 63.64 62.50 61.54 60.71 60.00 59.38 58.82 58.33 57.89 57.50 57.14 56.82 56.52 56.25 56.00 55.77 55.56 ì`p V ~r_mH$Vm© go H$maU g{hV BÝH$ma H$s gyMZm {_bZo H$s {V{W go 30 {XZm| Ho$ A§Xa
13 75.71 72.50 70.00 68.00 66.36 65.00 63.85 62.86 62.00 61.25 60.59 60.00 59.47 59.00 58.57 58.18 57.83 57.50 57.20 56.92 56.67 transfer or assignment may within a period of thirty days from the date of
14 80.00 76.25 73.33 71.00 69.09 67.50 66.15 65.00 64.00 63.13 62.35 61.67 61.05 60.50 60.00 59.55 59.13 58.75 58.40 58.08 57.78 àm{YH$mar Ho$ nmg AnZm Xmdm aI gH$Vm h¡& receipt of the communication from the insurer containing reasons for such
15 80.00 80.00 76.67 74.00 71.82 70.00 68.46 67.14 66.00 65.00 64.12 63.33 62.63 62.00 61.43 60.91 60.43 60.00 59.60 59.23 58.89 refusal, prefer a claim to the Authority.
16 80.00 80.00 77.00 74.55 72.50 70.77 69.29 68.00 66.88 65.88 65.00 64.21 63.50 62.86 62.27 61.74 61.25 60.80 60.38 60.00 5. Cn-Ymam (2) Ho$ àmdYmZm| Ho$ AYrZ, A§VaU `m g_ZwXoeZ nyU© hmoJm VWm Eogo n¥ð>m§H$Z
17 80.00 80.00 77.27 75.00 73.08 71.43 70.00 68.75 67.65 66.67 65.79 65.00 64.29 63.64 63.04 62.50 62.00 61.54 61.11 `m {d{YdV gË`m{nV B§ñQ¯>_oÝQ> na A_b à^mdr hmoJm, {gdm` dhm§ Ohm§ A§VaU `m (5) Subject to the provisions in sub-section (2), the transfer or assignment shall be
18 80.00 80.00 77.50 75.38 73.57 72.00 70.63 69.41 68.33 67.37 66.50 65.71 65.00 64.35 63.75 63.20 62.69 62.22 complete and effectual upon the execution of such endorsement or instrument
19 80.00 80.00 77.69 75.71 74.00 72.50 71.18 70.00 68.95 68.00 67.14 66.36 65.65 65.00 64.40 63.85 63.33 g_ZwXoeZ ~r_mH$Vm© Ho$ nj _| h¡, ~r_mH$Vm© Ho$ {dê$Õ à^mdr Z hmoJm, VWm `h A§V[aVr duly attested but except, where the transfer or assignment is in favour of the
20 80.00 80.00 77.86 76.00 74.38 72.94 71.67 70.53 69.50 68.57 67.73 66.96 66.25 65.60 65.00 64.44 `m g_ZwXo{eV `m CZHo$ H$mZyZr à{V{Z{Y H$mo Eogr nm°{bgr Ho$ A§VJ©V am{e Ho$ {bE insurer, shall not be operative as against an insurer, and shall not confer upon
21 80.00 80.00 78.00 76.25 74.71 73.33 72.11 71.00 70.00 69.09 68.26 67.50 66.80 66.15 65.56
22 80.00 80.00 78.13 76.47 75.00 73.68 72.50 71.43 70.45 69.57 68.75 68.00 67.31 66.67 H$mZyZr Xmdm H$aZo `m CZHo$ Ûmam YZam{e H$mo gwa{jV H$aZo H$m A{YH$ma Zht XoVm h¡& the transferee or assignee, or his legal representative, any right to sue for the
23 80.00 80.00 78.24 76.67 75.26 74.00 72.86 71.82 70.87 70.00 69.20 68.46 67.78 A§VaU `m g_ZwXoeZ H$m {b{IV _| Zmo{Q>g `m C V n¥ð>m§H$Z `m B§ñQ¯>_oÝQ> H$s à{V, {Ogo amount of such policy or the moneys secured thereby until a notice in writing of
24 80.00 80.00 78.33 76.84 75.50 74.29 73.18 72.17 71.25 70.40 69.62 68.89 the transfer or assignment and either the said endorsement or instrument itself
25 80.00 80.00 78.42 77.00 75.71 74.55 73.48 72.50 71.60 70.77 70.00 O~ VH$ {H$ A§VaUH$Vm© VWm A§V[aVr XmoZm| `m CZHo$ {d{YdV A{YH¥$V EOoÝQ²>g Ûmam or a copy thereof certified to be correct by both transferor and transferee or
26 80.00 80.00 78.50 77.14 75.91 74.78 73.75 72.80 71.92 71.11 gË` hmoZo Ho$ {bE gË`m{nV {H$`m J`m hmo, ~r_mH$Vm© H$mo gm¢nm Zht OmVm h¡&
27 80.00 80.00 78.57 77.27 76.09 75.00 74.00 73.08 72.22 their duly authorised agents have been delivered to the insurer:
28 80.00 80.00 78.64 77.39 76.25 75.20 74.23 73.33 ~eV] Ohm§ ~r_mH$Vm© Ho$ ^maV _| EH$ `m A{YH$ H$mamo~ma Ho$ ñWmZ hmo, dhm§ Zmo{Q>g H$mo Provided that where the insurer maintains one or more places of business in
29 80.00 80.00 78.70 77.50 76.40 75.38 74.44 India, such notice shall be delivered only at the place where the policy is being
30 80.00 80.00 78.75 77.60 76.54 75.56 Ho$db dht na {X`m OmZm h¡, Ohm§ go nm°{bgr H$mo godm àXmZ H$s Om ahr h¡&
31 80.00 80.00 78.80 77.69 76.67 serviced.
6. {Og {V{W H$mo Cn-Ymam (5) _| gX§[^V© Zm{oQ>g ~r_mH$Vm© H$mo gnwXw© {H$`m OmVm h,¡ Cggo
32 80.00 80.00 78.85 77.78 (6) The date on which the notice referred to in sub-section (5) is delivered to the
33 80.00 80.00 78.89 dh nm{°bgr _| {hV aIZo dmbo g^r ì`p V`m| H$o ~rM AV§aU `m g_ZXweoZ H$o AV§JV© g^r insurer shall regulate the priority of all claims under a transfer or assignment as
34 80.00 80.00 Xmdm| H$o {bE àmW{_H$Vm H$mo {d{Z`{_V H$aJor, VWm Ohm§ AV§aU `m g_ZXweoZ H$o EH$ go
35 80.00
between persons interested in the policy; and where there is more than one
A{YH$ Bñ§Q>¯_ÝoQ> hm| dhm§ Eg
o o Bñ§Q>¯_ÝoQ>²g H$o AV§JV© Xmdm| H$s àmW{_H$Vm Cg H$«_ Ûmam instrument of transfer or assignment the priority of the claims under such
em{gV hmJor, {Og_|Cn-Ymam (5) _|gX§{^V© Zm{oQ>g gnwXw©{H$E JE h&¢ instruments shall be governed by the order in which the notices referred to in
sub-section (5) are delivered:
g_ZwXo{eVm| Ho$ ~rM ^wJVmZ H$s àmW{_H$Vm Ho$ ~mao _| H$moB© {ddmX CËnÝZ hmoZo na Cgo Provided that if any dispute as to priority of payment arises as between
àm{YH$mar H$mo g§X{^©V {H$`m OmEJm& assignees, the dispute shall be referred to the Authority.
7. Cn-Ymam (5) _| g§X{^©V Zmo{Q>g Ho$ àmßV hmoZo na, Eogo A§VaU `m g_ZwXoeZ Ho$ VÏ` (7) Upon the receipt of the notice referred to in sub-section (5), the insurer shall
H$mo CgH$s {V{W VWm A§V[aVr `m g_ZwXo{eV Ho$ Zm_ Ho$ gmW XO© H$aoJm VWm Zmo{Q>g XoZo record the fact of such transfer or assignment together with the date thereof

AZwb½ZH$/ANNEXURE - II dmbo ì`p V Ûmam AZwamoY {H$E OmZo na, `m AJa A§V[aVr `m g_ZwXo{eV, {d{Z`_m| Ûmam
{ZYm©[aV H$s JB© \$sg Ho$ ^wJVmZ na, Eogo Zmo{Q>g Ho$ àmßV hmoZo H$s {b{IV nmdVr XoVm h¡;
and the name of the transferee or the assignee and shall, on the request of the
person by whom the notice was given, or of the transferee or assignee, on
payment of such fee as may be specified by the regulations, grant a written
Am¡a Eogr {H$gr nmdVr H$mo ~r_mH$Vm© Ho$ {dê$Õ Bg ~mV H$m {ZîH$fu gmú` _mZm OmEJm acknowledgment of the receipt of such notice; and any such acknowledgment
{Z{hV ~moZg Ho$ {bE bmJy Aä`n©U _yë` H$maH$ {H$ Cgo nmdVr go g§~§{YV Zmo{Q>g {d{YdV àmßV hþAm h¡& shall be conclusive evidence against the insurer that he has duly received the
notice to which such acknowledgment relates.
Surrender value factors applicable to vested bonuses 8. A§VaU `m g_ZwXoeZ Ho$ {Z`_m| VWm eVm] Ho$ AYrZ, ~r_mH$Vm© Ûmam, Cn-Ymam (5) _|
g§X{^©V Zmo{Q>g H$s àmpßV H$s {V{W go, nm°{bgr Ho$ A§VJ©V bm^ Ho$ nmÌ A§V[aVr `m
(8) Subject to the terms and conditions of the transfer or assignment, the insurer
shall, from the date of the receipt of the notice referred to in sub-section (5),
nm°{bgr Ad{Y/Policy Term (à{VeV _|/in percentage)
g_ZwXo{eV H$s nhMmZ H$aoJm `m Eogm ì`p V CZ g^r Xm{`VmAm| VWm Bp d{Q>`m| Ho$ recognize the transferee or assignee named in the notice as the absolute
AYrZ hmoJm, {OgH$m {H$ A§VaU `m g_ZwXoeZ H$s {V{W H$mo A§VaUH$Vm© `m g_ZwXoeH$ transferee or assignee entitled to benefit under the policy, and such person shall
Ad{Y/Year 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 be subject to all liabilities and equities to which the transferor or assignor was
1 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 nmÌ Wm VWm dh nm°{bgr Ho$ g§~§Y _| H$moB© H$ma©dmB© H$a gH$Vm h¡, dh nm°{bgr Ho$ A§VJ©V
2 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 subject at the date of the transfer or assignment and may institute any
3 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94 14.13 13.20 12.06 10.61 6.01 6.01 3.06 2.00
F$U àmßV H$a gH$Vm h¡ `m A§VaUH$Vm© `m g_ZwXoeH$ H$s gh_{V àmßV {H$E {~Zm proceedings in relation to the policy, obtain a loan under the policy or surrender
4 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94 14.13 13.20 12.06 10.61 6.01 6.01 3.06 nm°{bgr H$mo Aä`n©U H$a gH$Vm h¡ `m Cgo Eogr H$ma©dmB© H$s EH$ nmQ>u ~Zm gH$Vm h¡& the policy without obtaining the consent of the transferor or assignor or making
5 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94 14.13 13.20 12.06 10.61 6.01 6.01 him a party to such proceedings.
6 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94 14.13 13.20 12.06 10.61 6.01 ñnï>rH$aU - {gdm` BgHo$ {H$ Ohm§ Cn-Ymam (1) _| g§X[^©V n¥ð>m§H$Z ñnï> ê$n go
7 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94 14.13 13.20 12.06 10.61 CëboI H$aVm hmo {H$ g_ZwXoeZ `m A§VaU, `hm§ Xr JB© Cn-Ymam (10) Ho$ A§VJ©V Explanation – Except where the endorsement referred to in sub-section (1)
8 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94 14.13 13.20 12.06 expressly indicates that the assignment or transfer is conditional in terms of
9 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94 14.13 13.20 geV© h¡, àË`oH$ g_ZwXoeZ `m A§VaU H$mo nyU© g_ZwXoeZ `m A§VaU _mZm OmEJm VWm subsection (10) hereunder, every assignment or transfer shall be deemed to be
10 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94 14.13 g_ZwXo{eV `m A§V[aVr H$mo, O¡gr ^r pñW{V hmo, H«$_e: nyU© g_ZwXo{eV `m A§V[aVr
11 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 14.94
an absolute assignment or transfer and the assignee or transferee, as the case
12 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 15.13 _mZm OmEJm& may be, shall be deemed to be the absolute assignee or transferee respectively.
13 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42 15.28 (9) Any rights and remedies of an assignee or transferee of a policy of life
14 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 15.42
9. ~r_m H$mZyZ (g§emoYZ) A{Y{Z`_ 2015 Ho$ Ama§^ hmoZo go nhbo {H$E JE {H$gr
insurance under an assignment or transfer effected prior to the
15 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72 15.55 g_ZwXoeZ `m A§VaU go OrdZ ~r_m H$s nm°{bgr Ho$ {H$gr g_ZwXo{eV `m A§V[aVr Ho$ commencement of the Insurance Laws (Amendment) Act, 2015 shall not be
16 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93 15.72
17 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 15.93
A{YH$ma d CnMma Bg Ymam Ho$ àmdYmam| Ûmam à^m{dV Zht hm|Jo& affected by the provisions of this section.
18 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58 16.22 10. {H$gr H$mZyZ Ho$ hmoZo Ho$ ~mdOyX `m J«mhH$ H$s H$mZyZ Ho$ à{VHy$b ~mÜ`Vm hmoZo na, ì`p V (10) Notwithstanding any law or custom having the force of law to the contrary, an
19 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 16.58
20 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 17.03 Ho$ nj _| g_ZwXoeZ Bg Xem _| {H$`m Om gH$Vm h¡ {H$ assignment in favour of a person made upon the condition that-
21 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58 17.58 A. nm°{bgr Ho$ A§VJ©V YZam{e nm°{bgrYmaH$ `m Zm{_V ì`p V `m Zm{_V ì`p V`m| H$mo a. The proceeds under the policy shall become payable to the policyholder or
22 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66 17.58
Cg Xem _| Xo` hmo gH$Vr h¡ AJa g_ZwXo{eV `m A§V[aVr H$s _¥Ë`w ~r_mYmaH$ go the nominee or nominees in the event of either the assignee or transferee
23 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 17.66
24 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16 17.85 predeceasing the insured; or
25 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 18.16
nhbo hmo OmVr h¡; `m
b. The insured surviving the term of the policy , shall be valid:
26 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 18.60 ~. ~r_mYmaH$ nm°{bgr H$s Ad{Y VH$ Or{dV ahVm h¡, _mÝ` hmoJm:
27 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 19.18 VWm{n geV© g_ZwXo{eV nm°{bgr H$mo Aä`n©U H$aZo `m nm°{bgr na F$U boZo H$m nmÌ Provided that a conditional assignee shall not be entitled to obtain a loan on the
28 35.00 30.00 27.06 25.05 23.38 21.99 20.85 19.93 policy or surrender a policy.
29 35.00 30.00 27.06 25.05 23.38 21.99 20.85 Zht hmoJm&
30 35.00 30.00 27.06 25.05 23.38 21.99 (11) In the case of the partial assignment or transfer of a policy of insurance under
31 35.00 30.00 27.06 25.05 23.38 11. Cn-Ymam (1) Ho$ A§VJ©V ~r_m nm°{bgr Ho$ Am§[eH$ g_ZwXoeZ `m A§VaU H$s Xem _|, sub-section (1), the liability of the insurer shall be limited to the amount secured
32 35.00 30.00 27.06 25.05 ~r_mH$Vm© H$s Xm{`Vm Am§{eH$ g_ZwXoeZ `m A§VaU Ûmam gwa{jV H$s JB© am{e VH$ by partial assignment or transfer and such policyholder shall not be entitled to
33 35.00 30.00 27.06
gr{_V hmoJr VWm Eogm nm°{bgrYmaH$ Cgr nm°{bgr Ho$ A§VJ©V Xo` eof am{e Ho$ {bE nwZ: further assign or transfer the residual amount payable under the same policy.
34 35.00 30.00
35 35.00 g_ZwXoeZ `m A§VaU H$aZo H$m nmÌ Zht hmoJm&
n[a{eï> IV Annexure- IV n[a{eï> V Annexure- V
Zm_m§H$Z- ~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m Nomination - As per Section 39 of the Insurance Act 1938, as amended by the ~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m A{Y{Z`_, Section 45 as per the Insurance Act 1938, as amended by the Insurance Laws
Insurance Laws (Amendment) Act, 2015 (Amendment) Act, 2015
A{Y{Z`_, 1938 H$s Ymam 39 Ho$ AZwgma 1938 H$r Ymam 45 Ho$ AZwgma
(1) The holder of a policy of life insurance on his own life may, when effecting the (1) No policy of life insurance shall be called in question on any ground
1. OrdZ ~r_m H$s nm°{bgr H$m YmaH$ AnZo OrdZ na, nm°{bgr boVo g_` `m ^wJVmZ hoVw 1. OrdZ ~r_m H$s {H$gr nm°{bgr H$mo, nm°{bgr H$s {V{W go AWm©V nm°{bgr Ho$ Omar hmoZo H$s whatsoever after the expiry of three years from the date of the policy, i.e.
policy or at any time before the policy matures for payment, nominate the
nm°{bgr Ho$ n[an d hmoZo go nhbo {H$gr ^r g_`, {H$gr ì`p V `m ì`p V`m| H$mo Zm{_V person or persons to whom the money secured by the policy shall be paid in the
{V{W `m Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W go `m nm°{bgr Ho$ nwZ©MbZ H$s {V{W go `m from the date of issuance of the policy or the date of commencement of risk
H$a gH$Vm h¡, {Ogo/{OÝh| CgH$s _¥Ë`w H$s pñW{V _| nm°{bgr Ûmam g§a[jV am{e H$m event of his death: nm°{bgr na amBS>a H$s {V{W go VrZ dfm] H$s g_mpßV na, Omo ^r ~mX _| hmo, {H$gr ^r or the date of revival of the policy or the date of the rider to the policy,
^wJVmZ {H$`m OmEJm&eV© `h h¡ {H$, AJa Zm{_V ì`p V Zm~m{bJ hmo, Vmo nm°{bgrYmaH$ AmYma na àíZ Ho$ {bE ~wbm`m Zht Om gH$Vm h¡& whichever is later.
Provided that, where any nominee is a minor, it shall be lawful for the policy
Ho$ {bE `h H$mZyZZ C{MV hmoJm {H$ ~r_mH$Vm© Ûmam {ZYm©[aV VarHo$ go {H$gr ì`p V H$mo holder to appoint any person in the manner laid down by the insurer, to receive (2) A policy of life insurance may be called in question at any time within three
2. OrdZ ~r_m H$s {H$gr nm{°bgr H$m,o nm{°bgr H$o Omar hmZoo H$s {V{W `m Om{oI_ Ama^§ hmZoo H$s years from the date of issuance of the policy or the date of commencement of
{Z`w V H$ao Omo {H$ Zm{_V ì`p V Ho$ Zm~m{bJ ahZo Ho$ Xm¡amZ nm°{bgrYmaH$ H$s _¥Ë`w hmoZo the money secured by policy in the event of his death during the minority of the
nominee.
{V{W `m nm{°bgr H$o nZwM©bZ H$s {V{W go `m nm{°bgr H$o amBS>a H$s {V{W go VrZ dfm] H$o AX§a risk or the date of revival of the policy or the date of the rider to the policy,
na nm°{bgr Ûmam g§a{jV am{e H$mo àmßV H$a gHo$& {H$gr ^r g_`, Omo^r ~mX _|hm,o YmI o YoS>r H$o AmYma na àíZ H$o {bE ~b w m`m Om gH$Vm h&¡ whichever is later on the ground of fraud:
2. Eg o o {H$gr Zm_mH§$Z H$mo à^mdr hmZoo H$o {bE, AJa dh nm{°bgr H$s eãX `mO o Zm _| {ZJ{_V Zht (2) Any such nomination in order to be effectual shall, unless it is incorporated in Provided that the insurer shall have to communicate in writing to the insured or
the text of the policy itself, be made by an endorsement on the policy
eV© `h h¡ {H$ ~r_mH$Vm© Ûmam ~r_mYmaH$ H$mo `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Zm{_Vm|
h,¡ Vmo Cgo ~r{_V H$aZo H$o {bE g{yMV nm{°bgr na nð¥>mH§$Z VWm nm{°bgr go g~§{§YV [aH$mS°>g ²© `m g_ZwXo{eVm| H$mo {b{IV _| CZ AmYmam| VWm VÏ`m| Ho$ ~mao _| gy{MV H$aZm hmoJm, the legal representatives or nominees or assignees of the insured the grounds
communicated to the insurer and registered by him in the records relating to the and materials on which such decision is based.
_| CgH$o Ûmam nO § rH$aU H$o O
µ [aE {ZJ{_V {H$`m OmEJm, VWm Eg o o H$mBo© Zm_mH§$Z nm{°bgr H$o policy and any such nomination may at any time before the policy matures for {OZHo$ AmYma na `h \¡$gbm {b`m J`m h¡&
n[an d hmZoo go nhbo {H$gr ^r g_` ^JwVmZ go ndy© {H$gr nð¥>mH§$Z `m dgr`V, Og ¡ r ^r payment be cancelled or changed by an endorsement or a further endorsement ñnï>rH$aU I : Bg Cn-Ymam Ho$ à`moOZ hoVw, YmoIoYS>r H$m AW© h¡ ~r_mYmaH$ `m Explanation I- For the purposes of this sub-section, the expression “fraud”
pñW{V hm,o Ûmam aÔ {H$E `m ~Xbo Om gH$Vo h,¢ b{oH$Z AJa Bg àH$ma {ZañVrH$aU `m or a will, as the case may be, but unless notice in writing of any such means any of the following acts committed by the insured or by his agent, with
CgHo$ EOoÝQ> Ûmam ~r_mH$Vm© H$mo YmoIm XoZo `m ~r_mH$Vm© H$mo OrdZ ~r_m nm°{bgr Omar the intent to deceive the insurer or to induce the insurer to issue a life insurance
n[adVZ© H$o {bE ~r_mH$Vm© H$mo {b{IV _| gMyZm Z Xr JB© hmo Vmo ~r_mH$Vm© nm{°bgr H$o AVJ§V© cancellation or change has been delivered to the insurer, the insurer shall not be
liable for any payment under the policy made bona fide by him to a nominee H$aZo Ho$ {bE à^m{dV H$aZo Ho$ BamXo go {H$`m J`m {ZåZ{b{IV _| go H$moB© H$m`©: policy:-
CgH$o Ûmam dmñV{dH$ ~ZmE JE nm{°bgr H$s eãX `mO o Zm _| C{ëb{IV `m ~r_mH$Vm© H$o mentioned in the text of the policy or registered in records of the insurer. A. gwPmd, Omo {H$ VÏ` ê$n _| ghr Zht h¡ VWm {OgHo$ gM hmoZo na ~r_mYmaH$ H$mo (a) the suggestion, as a fact of that which is not true and which the insured
[aH$mS°>g²© _|nO
§ rH$¥V Zm_m{§H$V H$mo{H$gr ^JwVmZ H$o {bE Xm`r Zht hmJom& {dídmg Zht h¡; does not believe to be true;
3. ~r_mH$Vm© Ûmam nm°{bgrYmaH$ H$mo Zm_m§H$Z Ho$ n§OrH¥$V H$amE OmZo `m CgHo$ {ZañVrH$aU (3) The insurer shall furnish to the policy holder a written acknowledgement of ~. ~r_mYmaH$ Ûmam {H$gr VÏ` H$mo {N>nmZm, Omo CgH$s OmZH$mar _| Wm `m CgH$s (b) the active concealment of a fact by the insured having knowledge or belief
`m ~Xbo OmZo Ho$ ~mao _| {b{IV nmdVr XoJm VWm {d{Z`_m| Ûmam {d{ZYm©[aV Eogo having registered a nomination or a cancellation or change thereof, and may dmñV{dH$Vm na Cgo {dídmg Wm; of the fact;
{ZañVrH$aU `m n[adV©Z H$mo n§OrH¥$V H$aZo Ho$ {bE ewëH$ ^r bo gH$Vm h¡& charge such fee as may be specified by regulations for registering such g. YmoIoYS>r Ho$ BamXo go CR>m`m J`m H$moB© AÝ` H$X_; VWm (c) any other act fitted to deceive; and
cancellation or change. (d) any such act or omission as the law specially declares to be fraudulent.
4. Ymam 38 Ho$ AZwH«$_ _| nm°{bgr _| {H$gr A§VaU `m g_ZwXoeZ go Zm_m§H$Z ñdV: aÔ hmo X. H$moB© AÝ` Eogm H$X_ `m ^yb-MyH$ {Ogo H$mZyZ {deof ê$n go YmoImYS>r _mZVm hmo&
(4) A transfer or assignment of a policy made in accordance with section 38 shall
OmEJm: automatically cancel a nomination:
ñnï>rH$aU II: ~r_mH$Vm© Ûmam Omo{I_ Ho$ AmH$bZ H$mo à^m{dV H$aZo dmbo VÏ`m| Ho$ ~mao Explanation II- Mere silence as to facts likely to affect the assessment of the
_| {gµ\©$ Mwn ahZm YmoImYS>r Zht h¡, O~ VH$ {H$ _m_bo H$s n[apñW{V`m| Ho$ AZwgma, risk by the insurer is not fraud, unless the circumstances of the case are such
eV© `h h¡ {H$ ~r_mH$Vm© H$mo nm°{bgr H$m g_ZwXoeZ, Omo {H$ g_ZwXoeZ Ho$ g_` nm°{bgr Provided that the assignment of a policy to the insurer who bears the risk on the that regard being had to them, it is the duty of the insured or his agent, keeping
na Omo{I_ H$m dhZ H$aVm hmo, Cg ~r_mH$Vm© Ûmam nm°{bgr H$s O_mZV na, CgHo$ policy at the time of the assignment, in consideration of a loan granted by that ~r_mYmaH$ `m CgHo$ EOoÝQ> H$m `h H$V©ì` h¡& ~mobZo go Mwn ahZm `m AÝ`Wm CgH$s silence to speak, or unless his silence is, in itself, equivalent to speak.
Aä`n©U _yë` `m nwZ: g_ZwXoeZ Ho$ A§VJ©V hmo, F$U ñdê$n H$s ^anmB© H$aZo na insurer on the security of the policy within its surrender value, or its Im_moer AnZo Amn _| ~mobZo Ho$ ~am~a hmo&
reassignment on repayment of the loan shall not cancel a nomination, but shall (3) Notwithstanding anything contained in subsection (2), no insurer shall
Zm_m§H$Z aÔ Zht hmoJm, bo{H$Z Zm{_V Ho$ A{YH$ma Ho$db Cg hX VH$ à^m{dV hm|Jo, 3. CnYmam (2) _| H$wN> ^r {Z{hV hmZoo H$o ~mdOXy, H$mBo© ^r ~r_mH$Vm© {H$gr OrdZ ~r_m nm{°bgr
affect the rights of the nominee only to the extent of the insurer's interest in the repudiate a life insurance policy on the ground of fraud if the insured can prove
{OVZm {H$ nm°{bgr _| ~r_mH$Vm© H$m {hV hmo: H$mo YmI
o YoS>r H$o AmYma na AñdrH$¥V Zht H$a gH$Vm h,¡ AJa ~r_mYmaH$/bm^mWu `h that the misstatement of or suppression of a material fact was true to the best of
policy:
Provided further that the transfer or assignment of a policy, whether wholly or
à_m{UV H$a gH$o {H$ CgH$o Ûmam H$s JB© JbV~`mZr CgH$s A{YH$V_ OmZH$mar H$o his knowledge and belief or that there was no deliberate intention to suppress
AmJo eV© `h h¡ {H$ nm°{bgrYmaH$ H$mo A§V[a{V `m g_ZwXo{eV Ûmam A{J«_ ê$n go {XE JE the fact or that such misstatement of or suppression of a material fact are within
in part, in consideration of a loan advanced by the transferee or assignee to the AZg w ma ghr Wr Ama¡ CgZo OmZ~P y H$a VÏ`m| H$mo {N>nmZo H$s H$m{oee Zht H$s `m H${WV
F$U Ho$ à{V\$b ñdê$n nm°{bgr H$m A§VaU `m g_ZwXoeZ, Mmho `h nyU©V: hmo `m A§eV:, the knowledge of the insurer:
policyholder, shall not cancel the nomination but shall affect the rights of the JbV~`mZr `m _hÎdnUy©VÏ` H$mo{N>nm`m OmZm ~r_mH$Vm©H$s OmZH$mar _|Wm&
Zm_m§H$Z aÔ Zht hmoJm, bo{H$Z Zm_m§{H$V ì`p V Ho$ A{YH$mam| H$mo Cgr hX VH$ à^m{dV nominee only to the extent of the interest of the transferee or assignee, as the Provided that in case of fraud, the onus of disproving lies upon the
YmoIoYS>r Ho$ _m_bo _| Bgo JbV gm{~V H$aZo H$m Xm{`Ëd bm^m{W©`m| na h¡ AJa
H$aoJm, Omo {H$ nm°{bgr _| A§V[aVr `m g_ZwXo{eV H$m {hV hmoJm: case may be, in the policy: beneficiaries, in case the policyholder is not alive.
nm°{bgrYmaH$ Or{dV Zht h¡&
eV© `h ^r h¡ {H$ Zm_m§H$Z Omo {H$ A§VaU `m g_ZwXoeZ na CgHo$ n[aUm_ñdê$n AnZo Provided also that the nomination, which has been automatically cancelled ñnï>rH$aU - H$moB© ì`p V Omo ~r_m H$s g§{dXm H$m AmJ«h Am¡a CgH$s gm¡Xo~mOr H$aVm h¡ Explanation – A person who solicits and negotiates a contract of insurance
Amn aÔ hþAm hmo, dh Zm_m§H$Z g_ZwXo{eV Ûmam nwZ: g_ZwXoeZ `m A§V[aVrÛmam F$U Ho$ consequent upon the transfer or assignment, the same nomination shall stand shall be deemed for the purpose of the formation of the contract, to be the
automatically revived when the policy is reassigned by the assignee or Cgo g§{dXm Ho$ à`moOZ Ho$ {bE ~r_mH$Vm© H$m EOoÝQ> _mZm OmEJm& agent of the insurer.
^wJVmZ na {gdm` ~r_mH$Vm© H$mo nm°{bgr H$s O_mZV na, nwZ: A§VaU go ñdV: nwZ:
retransferred by the transferee in favour of the policyholder on repayment of 4. OrdZ ~r_m H$s {H$gr nm°{bgr H$mo nm°{bgr Ho$ Omar H$aZo H$s {V{W go `m Omo{I_ Ho$ Ama§^ (4) A policy of life insurance may be called in question at any time within three
àMm{bV hmo OmEJm& loan other than on a security of policy to the insurer. hmoZo H$s {V{W go `m nm°{bgr Ho$ nwZ©MbZ H$s {V{W go `m nm°{bgr Ho$ amBS>a H$s {V{W go years from the date of issuance of the policy or the date of commencement of
5. Ohm§ nm°{bgr H$s ^wJVmZ hoVw n[an dVm Cg ì`p V Ho$ OrdZH$mb _| hmoVr h¡ {OgHo$ (5) Where the policy matures for payment during the lifetime of the person whose VrZ dfm] Ho$ A§Xa, Omo ^r ~mX _| hmo, {H$gr ^r g_`, Bg AmYma na àíZ Ho$ {bE ~wbm`m risk or the date of revival of the policy or the date of the rider to the policy,
OrdZ H$mo ~r{_V {H$`m J`m h¡ `m AJa Zm{_V ì`p V `m EH$ go A{YH$ Zm{_Vm| _| go g^r life is insured or where the nominee or, if there are more nominees than one, all Om gH$Vm h¡ {H$ ~r{_V ì`p V Ho$ OrdZH$mb go g§~§{YV {H$gr VÏ` H$mo àñVmd ànÌ _| whichever is later, on the ground that any statement of or suppression of a fact
nm°{bgr Ho$ ^wJVmZ hoVw n[an d hmoZo go nhbo _a OmVo h¢, dhm§ nm°{bgr Ho$ A§VJ©V gwa{jV the nominees die before the policy matures for payment, the amount secured material to the expectancy of the life of the insured was incorrectly made in the
by the policy shall be payable to the policyholder or his heirs or legal
`m {H$gr AÝ` H$mJOmV _|, {OgHo$ AmYma na nm°{bgr Omar H$s JB© Wr `m nwZMm©{bV H$s proposal or other document on the basis of which the policy was issued or
am{e H$m ^wJVmZ nm°{bgrYmaH$ `m CgHo$ CÎmam{YH$m[a`m| `m H$mZyZr à{V{Z{Y`m| `m JB© Wr `m amBS>a Omar {H$`m J`m Wm, {N>nm`m J`m Wm `m JbV {XIm`m J`m Wm&
representatives or the holder of a succession certificate, as the case may be. revived or rider issued:
CÎmam{YH$ma à_mUnÌ Ho$ YmaH$ H$mo, O¡gr ^r pñW{V hmo, {H$`m OmEJm&
eV© `h h¡ {H$ ~r_mH$Vm© Ûmam ~r_mYmaH$ H$mo `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Provided that the insurer shall have to communicate in writing to the insured or
6. Ohm§ EH$ `m A{YH$ Zm{_V hm| VWm EH$ `m EH$ go A{YH$ Zm{_V, Cg ì`p V Ho$ ~mX (6) Where the nominee or if there are more nominees than one, a nominee or the legal representatives or nominees or assignees of the insured the grounds
nominees survive the person whose life is insured, the amount secured by the Zm_m§{H$V ì`p V`m| `m g_ZwXo{eVm| H$mo {b{IV _| CZ AmYmam| VWm VÏ`m| Ho$ ~mao _|
Or{dV ahVo h¢, {OgHo$ OrdZ H$mo ~r{_V {H$`m J`m h¡, Vmo nm°{bgr Ûmam gwa{jV H$s JB© and materials on which such decision to repudiate the policy of life insurance is
policy shall be payable to such survivor or survivors. gy{MV H$aZm hmoJm, {OZHo$ AmYma na OrdZ ~r_m H$mo nm°{bgr H$mo AñdrH¥$V H$aZo H$m `h based:
am{e H$m ^wJVmZ Eogo CÎmaOrdr `m CÎmaOr{d`m| H$mo {H$`m OmEJm&
(7) Subject to the other provisions of this section, where the holder of a policy of \¡$gbm {b`m J`m h¡& AmJo eV© `h h¡ {H$ _hÎdnyU© VÏ` H$s JbV~`mZr `m {N>nmE OmZo Ho$ Provided further that in case of repudiation of the policy on the ground of
7. Bg Ymam Ho$ AÝ` àmdYmZm| Ho$ AYrZ, Ohm§ ~r_m nm°{bgr Ho$ YmaH$ Zo AnZo OrdZ na insurance on his own life nominates his parents, or his spouse, or his children, AmYma na nm°{bgr H$mo AñdrH¥$V {H$E OmZo VWm YmoIoYS>r H$s pñW{V Z hmoZo na, misstatement or suppression of a material fact, and not on the ground of fraud
AnZo _mVm/{nVm `m AnZo OrdZgmWr `m AnZo ~ÀMm| `m AnZo OrdZ gmWr Am¡a ~ÀMm| or his spouse and children, or any of them, the nominee or nominees shall be AñdrH¥${V H$s {V{W VH$ nm°{bgr na O_m {H$E JE g^r àr{_`_m| H$m ^wJVmZ ~r_mYmaH$ the premiums collected on the policy till the date of repudiation shall be paid to
`m CZ_| go {H$gr H$mo Zm{_V {H$`m hmo, Eogo Zm{_V Cn-Ymam (6) Ho$ A§VJ©V ~r_mH$Vm© beneficially entitled to the amount payable by the insurer to him or them under `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Zm{_Vm| `m g_ZwXo{eVm| H$mo Eogr AñdrH¥${V H$s the insured or the legal representatives or nominees or assignees of the insured
Ûmam Xo` am{e Ho$ {bE bm^mWu hm|Jo, O~ VH$ {H$ `h gm{~V Zht hmoVm {H$ nm°{bgr H$m sub-section (6) unless it is proved that the holder of the policy, having regard to within a period of ninety days from the date of such repudiation.
the nature of his title to the policy, could not have conferred any such beneficial
{V{W go Zã~o {XZm| Ho$ A§Xa H$a {X`m OmEJm&
YmaH$, nm°{bgr _| CgHo$ Q>mBQ>b H$s àH¥${V Ho$ AZwgma Zm_m§{H$V H$mo Eogm bm^mWu Explanation - For the purposes of this sub-section, the misstatement of or
title on the nominee. ñnï>rH$aU - Bg Cn-Ymam Ho$ à`moOZ hoVw, {H$gr VÏ` H$s JbV~`mZr `m {N>nmE OmZo
Q>mB{Q>b àXmZ Zht H$a gH$Vm h¡& suppression of fact shall not be considered material unless it has a direct
(8) Subject as aforesaid, where the nominee, or if there are more nominees than
H$mo V~ VH$ _hÎdnyU© Zht _mZm OmEJm, O~ VH$ {H$ CgH$m ~r_mH$Vm© Ûmam ñdrH$ma {H$E bearing on the risk undertaken by the insurer, the onus is on the insurer to show
8. Cnamo V H$ho JE Ho$ AYrZ, Ohm§ Zm{_V `m AJa EH$ go A{YH$ Zm{_V hm|, {OZ na Cn- JE Omo{I_ na H$moB© àË`j à^md Z hmo, `h à_m{UV H$aZo H$m Xm{`Ëd ~r_mH$Vm© H$m hmoJm
one, a nominee or nominees, to whom sub-section (7) applies, die after the that had the insurer been aware of the said fact no life insurance policy would
Ymam (7) bmJy hmoVr h¡, nm°{bgr Ûmam gwa{jV am{e Ho$ ^wJVmZ go nhbo, bo{H$Z Cg {H$ AJa ~r_mH$Vm© H$mo ñWm{nV VÏ` H$s OmZH$mar hmoVr Vmo dh ~r_mYmaH$ H$mo `h OrdZ
person whose life is insured but before the amount secured by the policy is have been issued to the insured.
ì`p V {OgHo$ OrdZ Ho$ ~r{_V {H$`m J`m h¡, Ho$ ~mX _a OmVm h¡ Vmo nm°{bgr Ûmam gwa{jV paid, the amount secured by the policy, or so much of the amount secured by ~r_m nm°{bgr Omar Zht H$aVm&
am{e `m _aZodmbo Zm{_V `m Zm{_Vm| O¡gr ^r pñW{V hmo Ho$ {hñgo H$m à{V{Z{YËd H$aZo the policy as represents the share of the nominee or nominees so dying (as the (5) Nothing in this section shall prevent the insurer from calling for proof of age
dmbr nm°{bgr Ûmam gwa{jV am{e H$m ^wJVmZ Zm{_V `m Zm{_Vm| Ho$ CÎmam{YH$m[a`m| `m case may be), shall be payable to the heirs or legal representatives of the 5. Bg Ymam _| {Z{hV Hw$N> ^r ~r_mH$Vm© H$mo {H$gr ^r g_` C_« H$m à_mU _m§JZo go Zht at any time if he is entitled to do so, and no policy shall be deemed to be
nominee or nominees or the holder of a succession certificate, as the case may amoH$Vr h¡, AJa dh BgHo$ {bE A{YH¥$V h¡ VWm {H$gr nm°{bgr H$mo {gµ\©$ Bg{bE àíZ Ho$ called in question merely because the terms of the policy are adjusted on
H$mZyZr à{V{Z{Y`m| `m CÎmam{YH$ma à_mUnÌ Ho$ YmaH$, O¡gr ^r pñW{V hmo, H$mo {H$`m subsequent proof that the age of the life insured was incorrectly stated in the
be, and they shall be beneficially entitled to such amount. {bE ~wbm`m Zht Om gH$Vm h¡ `mo§{H$ àñVmd _| JbV CëboI H$s JB© ~r{_V ì`p V H$s
OmEJm VWm do Eogr am{e H$mo nmZo Ho$ {bE A{YH¥$V bm^mWu hm|Jo& proposal.
C_« H$mo g~yV Ho$ AmYma na ~mX _| g_m`mo{OV {H$`m J`m Wm&
9. Cn-YmamAm| (7) Am¡a (8) _| Hw$N> ^r OrdZ ~r_m H$s {H$gr nm°{bgr H$s Am_X{Z`m| go (9) Nothing in sub-sections (7) and (8) shall operate to destroy or impede the right
{H$gr CYmaXmVm Ho$ A{YH$ma H$mo Zï> `m g_mßV Zht H$aoJm& of any creditor to be paid out of the proceeds of any policy of life insurance.

10. Cn-YmamAm| (7) Am¡a (8) Ho$ àmdYmZ ~r_m H$mZyZ (g§emoYZ) A{Y{Z`_ 2015 Ho$ (10) The provisions of sub-sections (7) and (8) shall apply to all policies of life
Ama§^ hmoZo Ho$ ~mX ^wJVmZ Ho$ {bE n[an d hmoZo dmbr OrdZ ~r_m H$s g^r nm°{b{g`m| na insurance maturing for payment after the commencement of the Insurance
Laws (Amendment) Act, 2015.
bmJy hm|Jo&
11. Ohm§ nm°{bgrYmaH$ H$s _¥Ë`w nm°{bgr Ho$ n[an d hmoZo Ho$ ~mX hþB© hmo, bo{H$Z nm°{bgr H$s (11) Where a policyholder dies after the maturity of the policy but the proceeds and
benefit of his policy has not been made to him because of his death, in such a
Am` Am¡a {hVbm^ H$m ^wJVmZ Cgo CgH$s _¥Ë`w Ho$ H$maU Z hþE hm|, Vmo CgHo$ Ûmam Zm{_V case, his nominee shall be entitled to the proceeds and benefit of his policy.
CgH$s nm°{bgr Ho$ A§VJ©V Am_XZr Am¡a {hVbm^ H$mo nmZo H$m nmÌ hmoJm&
(12) The provisions of this section shall not apply to any policy of life insurance to
12. Bg Ymam Ho$ àmdYmZ OrdZ ~r_m H$s Eogr {H$gr nm°{bgr na bmJy Zht hm|Jo, {Og na Ymam which section 6 of the Married Women's Property Act, 1874, applies or has at
6, {ddm{hV ór gån{Îm A{Y{Z`_ 1874 bmJy hmoVm hmo `m H$^r bmJy{H$`m J`m hmo& any time applied;
eV© `h h¡ {H$, Ohm§ ~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ho$ Ama§^ hmoZo go nhbo Provided that where a nomination made whether before or after the
~r{_V ì`p V Ho$ nËZr `m CgH$s nËZr VWm ~ÀMm| `m CZ_| go {H$gr Ho$ nj _| A{^ì` V commencement of the Insurance Laws (Amendment) Act, 2015, in favour of
ê$n go Zm_m§H$Z {H$`m J`m hmo, Mmho dh nm°{bgr na A§{H$V hmo `m Zht, O¡gm {H$ Bg Ymam the wife of the person who has insured his life or of his wife and children or any
of them is expressed, whether or not on the face of the policy, as being made
Ho$ A§VJ©V {H$`m J`m h¡, H${WV Ymam 6 nm°{bgr na bmJy Zht _mZr OmEJr `m bmJy Zht under this section, the said section 6 shall be deemed not to apply or not to have
hmoJr& applied to the policy.

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