Upload File

ebamb©gr h$m ordz bm^ · 2017-12-16 · ebamb©gr h$m ordz bm^ ... uin ` m

  • Home
  • Documents
  • EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m
8
emIm H m¶m©b¶ H m nVm: emIm H m¶m©b¶ H m nVm: / Address of Branch Office: Address of Grievance Redressal Officer: Address of Insurance Ombudsman: NOTE: In case you have any Complaints/Grievance, you may approach Grievance Redressal Officer/ Ombudsman, whose address is as under: Note: In case of dispute in respect of interpretation of these terms and conditions and special provisions/conditions the English version shall stand valid. YOU ARE REQUESTED TO EXAMINE THIS POLICY, AND IF ANY MISTAKE BE FOUND THEREIN, RETURN IT IMMEDIATELY FOR CORRECTION. IRDAI Regn. No.: 512 / / / MwZm J¶m amBSa amBSa Ho {bE A§{V‘ àr{‘¶‘ Ho ^wJVmZ H s ts) shall only apply if the above mentioned riders have been opted for. _ÊS b H m`m©b` / Vm{bH m / emIm H m¶m©b¶ / Omo{I_ Ho Ama§^ hmoZo H s {V{W: )Hw b {H ñV àr{_`_ (godm H a VWm/`m g_`-g_` na bmJy AÝ` H a A{V[aŠV {bE OmE§Jo _yb nm°{bgr Ho {bE A§{V_ ~r‘m A{Y{Z¶‘, 1938 H s Ymam 38 Ho A§VJ©V àñVmdH ¶m ~r{‘V ì¶p³V ¶m CgHo g‘ZwXo{eVr H mo ¶m ~r‘m H mZyZ (g§emoYZ) A{Y{Z¶‘ 1938 H s Ymam 39 Ho A§VJ©V Zm{‘Vm| ¶m à‘m{UV {ZînmXH m| ¶m àemgH m| ¶m Aݶ d¡Ym{ZH à{V{Z{Y¶m| H mo {OÝhm|Zo CgH s gånXm ¶m Bg nm°{bgr Ho A§VJ©V Xo¶ am{e ‘mÌ Ho {bE ^maV g§K Ho {H gr amÁ¶ ¶m g§K em{gV àXoe Ho {H gr ݶm¶mb¶, Omo ^r bmJy hmo, go AnZo à{V{Z{Y hmoZo H m à‘mUnÌ àmßV LIC’s JEEVAN LABH EbAmB©gr H m OrdZ bm^ EOoÝgr H moS EOoÝQ H m Zm_ Agent Name EOoÝQ H m ‘mo~mBb Z§~a/b¢S bmBZ Z§~a Agent’s Mobile Number/Landline Number {XZm§H / Om§MH Vm© / ’ m°‘© Z§. “{ZJ_’’ hþB© h¡ Am¡a CŠV àñVmd VWm KmofUm nÌ na, Cg_| {Z{hV VWm Cpëb{IV dŠVì`m| g{hV, CŠV àñVmdH Am¡a {ZJ_ Ho ~rM Bg ~r_o Ho AmYma Ho ê n _| gh_{V hmo J`r h¡& AV: {ZJ_ Bg nm°{bgr Ûmam H ama H aVm h¡ {H AZwgyMr _| {ZYm©[aV nadVu àr{_`_m| H s {d{YdV àmpßV hmoZo na Am¡a CgHo à{V\ b ñdê n ~r_m am{e H m ^wJVmZ {~Zm {H gr ã`mO Ho , {ZJ_ Am¡a {ZJ_ Ho emIm H m`m©b` _|, Am¡a EVX²Ûmam `h ^r Kmo{fV {H `m OmVm h¡ {H `h ~r_m nm°{bgr BgHo nrNo H s Va\ Nnr n[a^mfmAm|, {hVbm^m|, godm àXmZ H aZo go g§~§{YV eVm], AÝ` {Z`_m| Am¡a eVm] VWm d¡Ym{ZH àmdYmZm| Am¡a àñVmdH H m Zm‘ Am¡a nVm: / Name and address of Proposer: ~r{‘V ì¶p³V H m Zm‘ Am¡a nVm/ Name and address of Life Assured: àñVmd g§.: / Proposal No.: àñVmd H s {V{W: / Date of Proposal: {hVbm^ {MÌU g§X^© g§.: / Benefit Illustration Reference No.: H« _ g§./ Sr. No. MwZm J¶m amBS a Rider Opted yAmB©EZ/ UIN amBSa ~r‘m am{e/ Rider Sum Assured amBSa Ho {bE {H ñV àr{‘¶‘ / Instalment Premium for Rider amBSa Ho {bE A§{V‘ àr{‘¶‘ Ho ^wJVmZ H s Xo¶ {V{W / Due date of payment of last premium for Rider amBSa H s g‘mpßV H s {V{W/ Date of rider termination 1 2 ZmoQ: ^mJ g ({hVbm^) H s eV© 4 Ho A§VJ©V CëboI {H E JE amBSa H s eV] Ho db V^r bmJy hm|Jr AJa Bg amBSa H mo MwZm J¶m hmo & Note: Conditions of the rider(s) mentioned under Condition no. 4 of Part C (Benefits) shall only apply if the above mentioned riders have been oped for . ~r_m A{Y{Z`_, 1938 H s Ymam 39 Ho A§VJ©V Zm{_V ì`pŠV H m Zm_ / Name of Nominee under Section 39 of the Insurance Act, 1938: ¶{X Zm{‘V Ad¶ñH h¡, Vmo {Z¶w³V ì¶p³V H m Zm‘: If nominee is a minor, name of the Appointee: _ÊS b H m`m©b` / DIVISIONAL OFFICE: Vm{bH m / SCHEDULE emIm H m¶m©b¶ / BRANCH OFFICE: nm°{bgr g§.: Policy No.: nm°{bgr H s Ama§^ {V{W: Date of Commencement of Policy: O mo{I_ Ho Ama§^ hmoZo H s {V{W: O O Date of Commencement of Risk: ßbmZ VWm nm°{bgr H s Ad{Y: Plan & Policy T erm: àr[‘¶‘ ^wJVmZ Ad{Y: Premium Paying T erm: n[an³dVm {V{W: Date of Maturity: _yb ~r_m am{e ( ` ): Basic Sum Assured ( ` ) : _yb nm°{bgr Ho {bE àr{_`_ H s {H ñV ( ` ): Instalment Premium for Base Policy ( ` ) : Hw b {H ñV àr{_`_ ( _ ` ): T otal Instalment Premium ( ` ) : (godm H a VWm/`m g_`-g_` na bmJy AÝ` H a A{V[aŠV {bE OmE§Jo (Service tax and / or any other Tax as applicable from time to time is charged extra.) àr{_`_ ^wJVmZ H s Xo` {V{W: Due date of premium: àr{_`_ Ho ^wJVmZ H m _mÜ`_: Mode of payment of premium: _yb nm°{bgr Ho {bE A§{V_ àr{_`_ H s Xo` {V{W: Due Date of Payment of Last premium for Base Policy: ~r{_V ì`pŠV H s OÝ_ {V{W: Date of birth of the Life Assured: ~r{_V ì`pŠV H s C_«: Age of the Life Assured: Š`m C_« ñdrH¥ V h¡? Whether age Admitted? bm^mWu, {hVbm^ {Ogo Xo¶ h¢ Beneficiary to whom Benefits payable ~r‘m A{Y{Z¶‘, 1938 H s Ymam 38 Ho A§VJ©V àñVmdH ¶m ~r{‘V ì¶p³V ¶m CgHo g‘ZwXo{eVr H mo ¶m ~r‘m H mZyZ (g§emoYZ) A{Y{Z¶‘ 1938 H s Ymam 39 Ho A§VJ©V Zm{‘Vm| ¶m à‘m{UV {ZînmXH m| ¶m àemgH m| ¶m Aݶ d¡Ym{ZH à{V{Z{Y¶m| H mo {OÝhm|Zo CgH s gånXm ¶m Bg nm°{bgr Ho A§VJ©V Xo¶ am{e ‘mÌ Ho {bE ^maV g§K Ho {H gr amÁ¶ ¶m g§K em{gV àXoe Ho {H gr ݶm¶mb¶, Omo ^r bmJy hmo, go AnZo à{V{Z{Y hmoZo H m à‘mUnÌ àmßV {H ¶m hmoJm & The proposer or the Life Assured or his Assignee under Section 38 of Insurance Act, 1938 or Nominees under Section 39 of Insurance Act, 1938 or proved Executors or Administrators or other Legal Representatives who should take out representation to his/ her Estate or limited to the moneys payable under this Policy from any Court of any State or Territory of the Union of India, as applicable. àr{‘¶‘ {H g Ad{Y VH XoPeriod during which premiums payable A§{V‘ àr{‘¶‘ Ho ^wJVmZ H s Xo¶ {V{W ¶m ~r{‘V ì¶p³V H s Cggo nyd© ‘¥Ë¶w hmoZo VH Till the stipulated due date of payment of last premium or earlier death of the Life Assured. àr{‘¶‘ Xo¶ hmoZo H s {V{W Dates when premium payable {ZYm©[aV Xo¶ {V{W ................................ H mo On the stipulated due date in ……………..... 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, 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 Policy Document, 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 Definitions, Benefits, Conditions Related To Servicing Aspects, Other Terms And Conditions and Statutory Provisions 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 . LIC’s JEEVAN LABH EbAmB©gr H m OrdZ bm^ EOoÝgr H moS Agency Code EOoÝQ H m Zm_ Agent Name EOoÝQ H m ‘mo~mBb Z§~a/b¢S bmBZ Z§~a Agent’s Mobile Number/Landline Number {ZJ‘ Ho {bE Cnamo³V emIm H m¶m©b¶ na hñVmj[aV, {OgH m nVm A§{V‘ n¥îR na {X¶m J¶m h¡ VWm {Og na nm°{bgr go g§~§{YV g^r nÌmMma ^oOo OmZo 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. {XZm§H / Date: Om§MH Vm© / Examined by: ’ m°‘© Z§. / Form No.: H¥ Vo d[aîR /‘w»¶/emIm à~§YH p. Chief / Sr./ Branch Manager ^mJ - A (Omar) / PART – A (Contd...) ^maVr` OrdZ ~r_m {ZJ_ H mo ({Ogo `hm§ ~mX _| “ {ZJ_ ’’ H hm J`m h¡) `hm§ ZrMo g§X{^©V AZwgyMr _| Cpëb{IV àñVmdH VWm ~r{_V ì`pŠV go àñVmd VWm KmofUmnÌ Am¡a nhbo àr{_`_ H s àmpßV hþB© h¡ Am¡a CŠV àñVmd VWm KmofUm nÌ na, Cg_| {Z{hV VWm Cpëb{IV dŠVì`m| g{hV, CŠV àñVmdH Am¡a {ZJ_ Ho ~rM Bg ~r_o Ho AmYma Ho ê n _| gh_{V hmo J`r h¡& AV: {ZJ_ Bg nm°{bgr Ûmam H ama H aVm h¡ {H AZwgyMr _| {ZYm©[aV nadVu àr{_`_m| H s {d{YdV àmpßV hmoZo na Am¡a CgHo à{V\ b ñdê n ~r_m am{e H m ^wJVmZ {~Zm {H gr ã`mO Ho , {ZJ_ Am¡a {ZJ_ Ho emIm H m`m©b` _|, Ohm§ Bg nm°{bgr Ho {bE godm CnbãY H amB© OmVr h¡, Cg ì`pŠV `m CZ ì`pŠV`m| H mo {OÝh| dh CŠV AZwgyMr H s eVm] Ho AZwgma Xo` hmo, {ZJ_ H mo Bg ~mV H m g§VmofOZH à_mU àñVwV H aZo na H aoJm {H AZwgyMr Ho eVm] Ho AZwgma {hVbm^ Xo` hmo JE h¢ Am¡a CgH m Xmdm H aZo dmbm/dmbo CŠV ì`pŠV CgH m/CgHo hH Xma h¡ Am¡a àñVmd nÌ _| C[ëb{IV ~r{_V ì`pŠV H s C_« ghr h¡ `{X nhbo go ñdrH¥ V Z hmo& Am¡a EVX²Ûmam `h ^r Kmo{fV {H `m OmVm h¡ {H `h ~r_m nm°{bgr BgHo nrNo H s Va\ Nnr n[a^mfmAm|, {hVbm^m|, godm àXmZ H aZo go g§~§{YV eVm], AÝ` {Z`_m| Am¡a eVm] VWm d¡Ym{ZH àmdYmZm| Am¡a {ZåZ{b{IV AZwgyMr VWm {ZJ_ Ûmam bJmE JE àË`oH n¥îRm§H Z {Ogo nm°{bgr H m A§J _mZm OmEJm, Ho {df`mYrZ hmoJr& 28177 Jeevan Labh Policy document_21-01.indd Spread 1 of 8 - Pages(16, 1) 28177 Jeevan Labh Policy document_21-01.indd Spread 1 of 8 - Pages(16, 1) 15-02-2016 05:11:36 15-02-2016 05:11:36

Upload: others

Post on 15-Jul-2020

10 views

Category:

Documents


0 download

Report

TRANSCRIPT

Page 1: EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m

emIm H$m¶m©b¶ H$m nVm: / Address of Branch Offi ce:

Address of Grievance Redressal Offi cer: Address of Insurance Ombudsman:

NOTE: In case you have any Complaints/Grievance, you may approach Grievance Redressal Offi cer/ Ombudsman, whose address is as under:

Note: In case of dispute in respect of interpretation of these terms and conditions and special provisions/conditions the English version shall stand valid.

YOU ARE REQUESTED TO EXAMINE THIS POLICY, AND IF ANY MISTAKE BE FOUND THEREIN, RETURN IT IMMEDIATELY FOR CORRECTION.

IRDAI Regn. No.: 512

emIm H$m¶m©b¶ H$m nVm: / Address of Branch Offi ce:

Address of Grievance Redressal Offi cer: Address of Insurance Ombudsman:

NOTE: In case you have any Complaints/Grievance, you may approach Grievance Redressal Offi cer/ Ombudsman, whose address is as under:

Note: In case of dispute in respect of interpretation of these terms and conditions and special provisions/conditions the English version shall stand valid.

YOU ARE REQUESTED TO EXAMINE THIS POLICY, AND IF ANY MISTAKE BE FOUND THEREIN, RETURN IT IMMEDIATELY FOR CORRECTION.

IRDAI Regn. No.: 512

àñVmdH$ H$m Zm‘ Am¡a nVm: / Name and address of Proposer: ~r{‘V ì¶p³V H$m Zm‘ Am¡a nVm: / Name and address of Life Assured:

àñVmd g§.: / Proposal No.: àñVmd H$s {V{W: / Date of Proposal: {hVbm^ {MÌU g§X^© g§.: / Benefi t Illustration Reference No.:

H«$_ g§./ Sr. No.

MwZm J¶m amBS>aRider Opted

¶yAmB©EZ/UIN

amBS>a ~r‘m am{e/Rider Sum Assured

amBS>a Ho$ {bE {H$ñVàr{‘¶‘ / Instalment Premium

for Rider

amBS>a Ho$ {bE A§{V‘ àr{‘¶‘ Ho$ ^wJVmZ H$sXo¶ {V{W / Due date of payment of

last premium for Rider

amBS>a H$s g‘mpßV H$s {V{W/Date of rider termination

1

2

ZmoQ>: ^mJ g ({hVbm^) H$s eV© 4 Ho$ A§VJ©V CëboI {H$E JE amBS>a H$s eV] Ho$db V^r bmJy hm|Jr AJa Bg amBS>a H$mo MwZm J¶m hmo & Note: Conditions of the rider(s) mentioned under Condition no. 4 of Part C (Benefi ts) shall only apply if the above mentioned riders have been opted for.

~r_m A{Y{Z`_, 1938 H$s Ymam 39 Ho$ A§VJ©V Zm{_V ì`pŠV H$m Zm_ / Name of Nominee under Section 39 of the Insurance Act, 1938:¶{X Zm{‘V Ad¶ñH$ h¡, Vmo {Z¶w³V ì¶p³V H$m Zm‘:If nominee is a minor, name of the Appointee:

_ÊS>b H$m`m©b` / DIVISIONAL OFFICE: Vm{bH$m / SCHEDULE emIm H$m¶m©b¶ / BRANCH OFFICE:

nm°{bgr g§.: Policy No.:

nm°{bgr H$s Ama§^ {V{W:Date of Commencement of Policy:

Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W:Date of Commencement of Risk:

ßbmZ VWm nm°{bgr H$s Ad{Y:Plan & Policy Term:

àr[‘¶‘ ^wJVmZ Ad{Y:Premium Paying Term:

n[an³dVm {V{W:Date of Maturity:

_yb ~r_m am{e (`):Basic Sum Assured (`):

_yb nm°{bgr Ho$ {bE àr{_`_ H$s {H$ñV (`):Instalment Premium for Base Policy (`):

Hw$b {H$ñV àr{_`_ (`):Total Instalment Premium (`):

(godm H$a VWm/`m g_`-g_` na bmJy AÝ` H$a A{V[aŠV {bE OmE§Jo(Service tax and / or any other Tax as applicable from time to time is charged extra.)

àr{_`_ ^wJVmZ H$s Xo` {V{W: Due date of premium:

àr{_`_ Ho$ ^wJVmZ H$m _mÜ`_:Mode of payment of premium:

_yb nm°{bgr Ho$ {bE A§{V_àr{_`_ H$s Xo` {V{W:Due Date of Payment ofLast premium for Base Policy:

~r{_V ì`pŠV H$s OÝ_ {V{W:Date of birth of the Life Assured:

~r{_V ì`pŠV H$s C_«:Age of the Life Assured:

Š`m C_« ñdrH¥$V h¡?Whether age Admitted?

bm^mWu, {hVbm^ {Ogo Xo¶ h¢Benefi ciary to whom Benefi ts payable

~r‘m A{Y{Z¶‘, 1938 H$s Ymam 38 Ho$ A§VJ©V àñVmdH$ ¶m ~r{‘V ì¶p³V ¶m CgHo$ g‘ZwXo{eVr H$mo ¶m ~r‘m H$mZyZ (g§emoYZ) A{Y{Z¶‘ 1938 H$s Ymam 39 Ho$ A§VJ©V Zm{‘Vm| ¶m à‘m{UV {ZînmXH$m| ¶m àemgH$m| ¶m Aݶ d¡Ym{ZH$ à{V{Z{Y¶m| H$mo {OÝhm|Zo CgH$s gånXm ¶m Bg nm°{bgr Ho$ A§VJ©V Xo¶ am{e ‘mÌ Ho$ {bE ^maV g§K Ho$ {H$gr amÁ¶ ¶m g§K em{gV àXoe Ho$ {H$gr ݶm¶mb¶, Omo ^r bmJy hmo, go AnZo à{V{Z{Y hmoZo H$m à‘mUnÌ àmßV {H$¶m hmoJm &The proposer or the Life Assured or his Assignee under Section 38 of Insurance Act, 1938 or Nominees under Section 39 of Insurance Act, 1938 or proved Executors or Administrators or other Legal Representatives who should take out representation to his/ her Estate or limited to the moneys payable under this Policy from any Court of any State or Territory of the Union of India, as applicable.

àr{‘¶‘ {H$g Ad{Y VH$ Xo¶Period during which premiums payable

A§{V‘ àr{‘¶‘ Ho$ ^wJVmZ H$s Xo¶ {V{W ¶m ~r{‘V ì¶p³V H$s Cggo nyd© ‘¥Ë¶w hmoZo VH$Till the stipulated due date of payment of last premium or earlier death of the Life Assured.

àr{‘¶‘ Xo¶ hmoZo H$s {V{WDates when premium payable

{ZYm©[aV Xo¶ {V{W ................................ H$mo On the stipulated due date in …………….....

THE LIFE INSURANCE CORPORATION OF INDIA (hereinafter called “the Corporation”) having received a Proposal along with Declaration and the fi rst 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 Benefi ts, but without interest, at the Branch Offi ce 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 Benefi ts having become payable as set out in the Policy Document, 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 Defi nitions, Benefi ts, Conditions Related To Servicing Aspects, Other Terms And Conditions and Statutory Provisions 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.

LIC’s JEEVAN LABHEbAmB©gr H$m OrdZ bm^

EOoÝgr H$moS>Agency Code

EOoÝQ> H$m Zm_Agent Name

EOoÝQ> H$m ‘mo~mBb Z§~a/b¢S>bmBZ Z§~aAgent’s Mobile Number/Landline Number

{ZJ‘ Ho$ {bE Cnamo³V emIm H$m¶m©b¶ na hñVmj[aV, {OgH$m nVm A§{V‘ n¥îR> na {X¶m J¶m h¡ VWm {Og na nm°{bgr go g§~§{YV g^r nÌmMma ^oOo OmZo 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.

{XZm§H$ / Date:

Om§MH$Vm© / Examined by:

’$m°‘© Z§. / Form No.: H¥$Vo d[aîR>/‘w»¶/emIm à~§YH$ p. Chief / Sr./ Branch Manager

^mJ - A (Omar) / PART – A (Contd...)

^maVr` OrdZ ~r_m {ZJ_ H$mo ({Ogo `hm§ ~mX _| “{ZJ_’’ H$hm J`m h¡) `hm§ ZrMo g§X{^©V AZwgyMr _| Cpëb{IV àñVmdH$ VWm ~r{_V ì`pŠV go àñVmd VWm KmofUmnÌ Am¡a nhbo àr{_`_ H$s àmpßV hþB© h¡ Am¡a CŠV àñVmd VWm KmofUm nÌ na, Cg_| {Z{hV VWm Cpëb{IV dŠVì`m| g{hV, CŠV àñVmdH$ Am¡a {ZJ_ Ho$ ~rM Bg ~r_o Ho$ AmYma Ho$ ê$n _| gh_{V hmo J`r h¡& AV: {ZJ_ Bg nm°{bgr Ûmam H$ama H$aVm h¡ {H$ AZwgyMr _| {ZYm©[aV nadVu àr{_`_m| H$s {d{YdV àmpßV hmoZo na Am¡a CgHo$ à{V\$b ñdê$n ~r_m am{e H$m ^wJVmZ {~Zm {H$gr ã`mO Ho$, {ZJ_ Am¡a {ZJ_ Ho$ emIm H$m`m©b` _|, Ohm§ Bg nm°{bgr Ho$ {bE godm CnbãY H$amB© OmVr h¡, Cg ì`pŠV `m CZ ì`pŠV`m| H$mo {OÝh| dh CŠV AZwgyMr H$s eVm] Ho$ AZwgma Xo` hmo, {ZJ_ H$mo Bg ~mV H$m g§VmofOZH$ à_mU àñVwV H$aZo na H$aoJm {H$ AZwgyMr Ho$ eVm] Ho$ AZwgma {hVbm^ Xo` hmo JE h¢ Am¡a CgH$m Xmdm H$aZo dmbm/dmbo CŠV ì`pŠV CgH$m/CgHo$ hH$Xma h¡ Am¡a àñVmd nÌ _| C[ëb{IV ~r{_V ì`pŠV H$s C_« ghr h¡ `{X nhbo go ñdrH¥$V Z hmo&Am¡a EVX²Ûmam `h ^r Kmo{fV {H$`m OmVm h¡ {H$ `h ~r_m nm°{bgr BgHo$ nrN>o H$s Va\$ N>nr n[a^mfmAm|, {hVbm^m|, godm àXmZ H$aZo go g§~§{YV eVm], AÝ` {Z`_m| Am¡a eVm] VWm d¡Ym{ZH$ àmdYmZm| Am¡a {ZåZ{b{IV AZwgyMr VWm {ZJ_ Ûmam bJmE JE àË`oH$ n¥îR>m§H$Z {Ogo nm°{bgr H$m A§J _mZm OmEJm, Ho$ {df`mYrZ hmoJr&

àñVmdH$ H$m Zm‘ Am¡a nVm: / Name and address of Proposer: ~r{‘V ì¶p³V H$m Zm‘ Am¡a nVm: / Name and address of Life Assured:

àñVmd g§.: / Proposal No.: àñVmd H$s {V{W: / Date of Proposal: {hVbm^ {MÌU g§X^© g§.: / Benefi t Illustration Reference No.:

H«$_ g§./Sr. No.

MwZm J¶m amBS>aRider Opted

¶yAmB©EZ/UIN

amBS>a ~r‘m am{e/Rider Sum Assured

amBS>a Ho$ {bE {H$ñVàr{‘¶‘ / Instalment Premium

for Rider

amBS>a Ho$ {bE A§{V‘ àr{‘¶‘ Ho$ ^wJVmZ H$sXo¶ {V{W / Due date of payment of

last premium for Rider

amBS>a H$s g‘mpßV H$s {V{W/Date of rider termination

1

2

ZmoQ>: ^mJ g ({hVbm^) H$s eV© 4 Ho$ A§VJ©V CëboI {H$E JE amBS>a H$s eV] Ho$db V^r bmJy hm|Jr AJa Bg amBS>a H$mo MwZm J¶m hmo & Note: Conditions of the rider(s) mentioned under Condition no. 4of Part C (Benefi ts) shall only apply if the above mentioned riders have been opted for.

~r_m A{Y{Z`_, 1938 H$s Ymam 39 Ho$ A§VJ©V Zm{_V ì`pŠV H$m Zm_ / Name of Nominee under Section 39 of the Insurance Act, 1938:¶{X Zm{‘V Ad¶ñH$ h¡, Vmo {Z¶w³V ì¶p³V H$m Zm‘:If nominee is a minor, name of the Appointee:

_ÊS>b H$m`m©b` / DIVISIONAL OFFICE: Vm{bH$m / SCHEDULE emIm H$m¶m©b¶ / BRANCH OFFICE:

nm°{bgr g§.:Policy No.:

nm°{bgr H$s Ama§^ {V{W:Date of Commencement of Policy:

Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W:OODate of Commencement of Risk:

ßbmZ VWm nm°{bgr H$s Ad{Y:Plan & Policy Term:

àr[‘¶‘ ^wJVmZ Ad{Y:Premium Paying Term:

n[an³dVm {V{W:Date of Maturity:

_yb ~r_m am{e (`):Basic Sum Assured (`):

_yb nm°{bgr Ho$ {bE àr{_`_ H$s {H$ñV (`):Instalment Premium for Base Policy (`):

Hw$b {H$ñV àr{_`_ (_ `):Total Instalment Premium (`):

(godm H$a VWm/`m g_`-g_` na bmJy AÝ` H$a A{V[aŠV {bE OmE§Jo(Service tax and / or any other Tax as applicable from time to time is charged extra.)

àr{_`_ ^wJVmZ H$s Xo` {V{W:Due date of premium:

àr{_`_ Ho$ ^wJVmZ H$m _mÜ`_:Mode of payment of premium:

_yb nm°{bgr Ho$ {bE A§{V_àr{_`_ H$s Xo` {V{W:yy

Due Date of Payment ofLast premium for Base Policy:

~r{_V ì`pŠV H$s OÝ_ {V{W:Date of birth of the Life Assured:

~r{_V ì`pŠV H$s C_«:Age of the Life Assured:

Š`m C_« ñdrH¥$V h¡?Whether age Admitted?

bm^mWu, {hVbm^ {Ogo Xo¶ h¢Benefi ciary to whom Benefi ts payable

~r‘m A{Y{Z¶‘, 1938 H$s Ymam 38 Ho$ A§VJ©V àñVmdH$ ¶m ~r{‘V ì¶p³V ¶m CgHo$ g‘ZwXo{eVr H$mo ¶m ~r‘m H$mZyZ (g§emoYZ) A{Y{Z¶‘ 1938 H$s Ymam 39 Ho$ A§VJ©V Zm{‘Vm| ¶m à‘m{UV {ZînmXH$m| ¶m àemgH$m| ¶m Aݶ d¡Ym{ZH$ à{V{Z{Y¶m| H$mo {OÝhm|Zo CgH$s gånXm ¶m Bg nm°{bgr Ho$ A§VJ©V

w y ( )w y ( )

Xo¶ am{e ‘mÌ Ho$ {bE ^maV g§K Ho$ {H$gr amÁ¶ ¶m g§K em{gV àXoe Ho$ {H$gr ݶm¶mb¶, Omo ^r bmJy hmo, go AnZo à{V{Z{Y hmoZo H$m à‘mUnÌ àmßV B

{H$¶m hmoJm &The proposer or the Life Assured or his Assignee under Section 38 of Insurance Act, 1938 or Nominees under Section 39 of Insurance Act, 1938 or proved Executors or Administrators or other Legal Representatives who should take out representation to his/ her Estate or limited to the moneys payable under this Policy from any Court of any State or Territory of the Union of India, as applicable.

àr{‘¶‘ {H$g Ad{Y VH$ Xo¶Period during which premiums payable

A§{V‘ àr{‘¶‘ Ho$ ^wJVmZ H$s Xo¶ {V{W ¶m ~r{‘V ì¶p³V H$s Cggo nyd© ‘¥Ë¶w hmoZo VH$Till the stipulated due date of payment of last premium or earlier death of the Life Assured.

àr{‘¶‘ Xo¶ hmoZo H$s {V{WDates when premium payable

{ZYm©[aV Xo¶ {V{W ................................ H$mo On the stipulated due date in …………….....

THE LIFE INSURANCE CORPORATION OF INDIA (hereinafter called “the Corporation”) having received a Proposal along with Declaration and the fi rst 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 Benefi ts, but without interest, at the Branch Offi ce 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 Benefi ts having become payable asset out in the Policy Document, 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 Defi nitions, Benefi ts, Conditions Related To Servicing Aspects, Other Terms And Conditions and Statutory Provisions 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.

LIC’s JEEVAN LABHEbAmB©gr H$m OrdZ bm^

EOoÝgr H$moS>Agency Code

EOoÝQ> H$m Zm_Agent Name

EOoÝQ> H$m ‘mo~mBb Z§~a/b¢S>bmBZ Z§~aAgent’s Mobile Number/Landline Number

{ZJ‘ Ho$ {bE Cnamo³V emIm H$m¶m©b¶ na hñVmj[aV, {OgH$m nVm A§{V‘ n¥îR> na {X¶m J¶m h¡ VWm {Og na nm°{bgr go g§~§{YV g^r nÌmMma ^oOo OmZo 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.

{XZm§H$ / Date:

Om§MH$Vm© / Examined by:

’$m°‘© Z§. / Form No.: H¥$Vo d[aîR>/‘w»¶/emIm à~§YH$ p. Chief / Sr./ Branch Manager

^mJ - A (Omar) / PART – A (Contd...)

^maVr` OrdZ ~r_m {ZJ_ H$mo ({Ogo `hm§ ~mX _| “{ZJ_’’ H$hm J`m h¡) `hm§ ZrMo g§X{^©V AZwgyMr _| Cpëb{IV àñVmdH$ VWm ~r{_V ì`pŠV go àñVmd VWm KmofUmnÌ Am¡a nhbo àr{_`_ H$s àmpßV hþB© h¡ Am¡a CŠV àñVmd VWm KmofUm nÌ na, Cg_| {Z{hV VWm Cpëb{IV dŠVì`m| g{hV, CŠV àñVmdH$ Am¡a {ZJ_ Ho$ ~rM Bg ~r_o Ho$ AmYma Ho$ ê$n _| gh_{V hmo J`r h¡& AV: {ZJ_ Bg nm°{bgr Ûmam H$ama H$aVm h¡ {H$ AZwgyMr _| {ZYm©[aV nadVu àr{_`_m| H$s {d{YdV àmpßV hmoZo na Am¡a CgHo$ à{V\$b ñdê$n ~r_m am{e H$m ^wJVmZ {~Zm {H$gr ã`mO Ho$, {ZJ_ Am¡a {ZJ_ Ho$ emIm H$m`m©b` _|, þ

Ohm§ Bg nm°{bgr Ho$ {bE godm CnbãY H$amB© OmVr h¡, Cg ì`pŠV `m CZ ì`pŠV`m| H$mo {OÝh| dh CŠV AZwgyMr H$s eVm] Ho$ AZwgma Xo` hmo, {ZJ_ H$mo Bg ~mV H$m g§VmofOZH$ à_mU àñVwV H$aZo na H$aoJm {H$ AZwgyMr Ho$ eVm] Ho$ AZwgma {hVbm^ Xo` hmo JE h¢ Am¡a CgH$m Xmdm H$aZo dmbm/dmbo CŠV ì`pŠV CgH$m/CgHo$ hH$Xma h¡ Am¡a àñVmd nÌ _| C[ëb{IV ~r{_V ì`pŠV H$s C_« ghr h¡ `{X nhbo go ñdrH¥$V Z hmo&Am¡a EVX²Ûmam `h ^r Kmo{fV {H$`m OmVm h¡ {H$ `h ~r_m nm°{bgr BgHo$ nrN>o H$s Va\$ N>nr n[a^mfmAm|, {hVbm^m|, godm àXmZ H$aZo go g§~§{YV eVm], AÝ` {Z`_m| Am¡a eVm] VWm d¡Ym{ZH$ àmdYmZm| Am¡a {ZåZ{b{IV AZwgyMr VWm {ZJ_ Ûmam bJmE JE àË`oH$ n¥îR>m§H$Z {Ogo nm°{bgr H$m A§J _mZm OmEJm, Ho$ {df`mYrZ hmoJr&

28177 Jeevan Labh Policy document_21-01.indd Spread 1 of 8 - Pages(16, 1)28177 Jeevan Labh Policy document_21-01.indd Spread 1 of 8 - Pages(16, 1) 15-02-2016 05:11:3615-02-2016 05:11:36

Page 2: EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m

PART – B: DEFINITIONSThe defi nitions of terms/words used in the policy documents are as under:1. Age is the age nearest birthday of the Life Assured at the time of the

commencement of the policy except for age 8 years for which the age is in completed years.

2. Appointee is the person to whom the proceeds/benefi ts secured under the Policy are payable if the benefi t becomes payable to the nominee and nominee is minor as on the date of claim payment.

3. Annualized Premium is the total amount of premium payable in a policy year excluding extra amount if charged under the policy due to underwriting decisions and rider premiums, if any.

4. Assignee is the person to whom the rights and benefi ts are transferred by virtue of an Assignment.

5. Assignment is the process of transferring the rights and benefi ts to an “Assignee”. Assignment should be in accordance with the provisions of section 38 of the Insurance Act, 1938 as amended from time to time.

6. Base Policy is that part of the Policy referring to basic benefi t (benefi ts referred to in this policy document excluding benefi ts covered under Rider(s), if opted for).

7. Beneficiary means the person who is entitled to receive benefi ts under this Policy. The Benefi ciary may be proposer or Life Assured or his Assignee or Nominees or proved Executors or Administrators or other Legal Representatives as the case may be.

8. Corporation means the Life Insurance Corporation of India established under Section 3 of the LIC Act, 1956.

9. Date of commencement of policy is the start date of this Policy.10. Date of commencement of risk is the date on which the Corporation

accepts the risk for insurance (cover) as evidenced in the schedule of the policy.

11. Date of Maturity means a fi xed date on which benefi t may become payable either absolutely or contingently.

12. Date of vesting is the date from which the Life Assured becomes entitled to the policy benefi ts as specifi ed in Condition 3 of Part C of this Policy Document.

13. Death Benefit means the benefi t, agreed at the inception of the contract, which is payable on death of Life Assured as specifi ed in condition 2 of Part C of this Policy document.

14. Discharge form is the form to be fi lled by policyholder/claimant to claim the maturity / surrender / death benefi t under the policy.

15. Due Date means a fi xed date on which the policy premium is due and payable by the policyholder.

16. Endorsement means conditions attached/ affi xed to this Policy incorporating any amendments or modifi cations agreed to or issued by the Corporation.

17. Final Additional Bonus, also called as Terminal Bonus, is an additional amount payable along with the benefi ts on termination of the policy, if applicable.

18. Foreclosure is an action of closing the policy due to default in payment of outstanding loan and / or loan interest on due date.

19. Free Look Period is the period of 15 days from the date of receipt of the policy document by the policyholder to review the terms and conditions of this policy and where the policyholder disagrees to any of those terms and conditions, he/ she has the option to return this policy.

20. Grace period is the time granted by the insurer from the due date for the payment of premium, without any penalty/ late fee, during which time the policy is considered to be inforce with the risk cover without any interruption as per the terms of the policy.

21. Guaranteed Surrender Value is the minimum guaranteed amount of Surrender Value payable to the policyholder on surrender of the policy.

22. Inforce means all due premiums have been paid on or before the due date or within the grace period.

23. IRDAI means Insurance Regulatory and Development Authority of India earlier called as Insurance Regulatory and Development Authority (IRDA).

24. Lapse is the status of the Policy when a due premium is not paid within the grace period.

25. Life Assured is the person on whose life the insurance cover has been accepted.

26. Loan is the interest bearing repayable amount granted by the Corporation against the surrender value payable to the policyholder.

27. Maturity Benefit means the benefi t, which is payable on maturity i.e. at the end of the policy term as specifi ed in condition1of Part C of this Policy Document, on life assured surviving the stipulated Date of Maturity.

28. Material information is the information already known to the Life Assured at the time of obtaining a policy which has a bearing on underwriting of the proposal /Policy submitted.

29. Minor is a person who has not completed 18 years of age.30. Nomination is the process of nominating a person who is named as

“Nominee” in the proposal form or subsequently included/ changed by an endorsement. Nomination should be in accordance with provisions of section 39 of the Insurance Act, 1938 as amended from time to time.

31. Nominee is the person who has right to give a valid discharge to the policy monies in case of the death of the Life Assured.

32. Participating means the Policy is eligible for share of profi t depending upon the Corporation’s experience.

^mJ-~: n[a^mfmE§nm°{bgr XñVmdoO _| à`wŠV eãXm|/eãXmdbr H$s n[a^mfmE§ {ZåZmZwgma h¢:1. C_« H$m AW© nm°{bgr Ho$ Ama§^ hmoVo g_` ~r{_V ì`pŠV Ho$ ZμOXrH$s OÝ_{XZ

go h¡ {gdm` 8 df© H$s C_« Ho$ [bE, Ohm§ C_« nyU© dfm] _| h¡&2. {Z`wŠV-ì`pŠV (Enm°BÝQ>r) dh ì`pŠV h¡ {Ogo nm°{bgr Ho$ A§VJ©V Xmdo Ho$ ^wJVmZ

H$s {V{W H$mo Zm{_V Ho$ Zm~m{bJ hmoZo VWm Cgo Xmdo H$s am{e Xo` hmoZo na dh gwa{jV am{e/{hVbm^ Xo` hmoVr h¡&

3. dm{f©H$sH¥$V àr{_`_ EH$ nm°{bgr df© _| Hw$b Xo` àr{_`_ am{e h¡& Omo {H$ ~r_mboIZ {ZU©`m| VWm amBS>a àr{_`_m|, AJa H$moB© hmo Ho$ H$maU br OmZodmbr {H$gr A{V[aŠV am{e Ho$ Abmdm h¡&

4. g_ZwXo{eVr dh ì`pŠV h¡ {Ogo g_ZwXoeZ Ho$ \$bñdê$n nm°{bgr Ho$ A{YH$ma VWm {hVbm^ hñVm§V[aV {H$E OmVo h¢&

5. g_ZwXoeZ ~r_m A{Y{Z`_ 1938 H$s Ymam 38 Ho$ A§VJ©V “g_ZwXo{eVr” Ho$ nj _| nm°{bgr Ho$ A{YH$mam| VWm {hVbm^m| Ho$ ñWmZmÝV[aV hmoZo H$s à{H«$`m h¡&

6. _yb nm°{bgr `h nm°{bgr H$m dh {hñgm hmoVm h¡ Omo _yb {hVbm^m| H$m CëboI H$aVm h¡ (Bg nm°{bgr H$mJOmV _| Cpëb{IV bm^m| _| amBS>a (g©) Ho$ A§VJ©V AJa MwZo JE hm|, bm^m| H$m g_mdoe Zht hmoVm h¡&)

7. bm^mWu H$m AW© Eogo ì`pŠV go h¡ Omo Bg nm°{bgr Ho$ A§VJ©V {hVbm^m| H$mo àmßV H$aZo H$m nmÌ h¡& bm^mWu, àñVmdH$ `m ~r{_V ì`pŠV `m CgH$m g_ZwXo{eVr `m Zm{_V ì`pŠV `m à_m{UV {ZînmXH$ `m àemgH$ `m H$moB© AÝ` d¡Ym{ZH$ à{V{Z{Y, O¡gr ^r pñW{V hmo, hmo gH$Vm h¡&

8. {ZJ_ H$m AW© EbAmB©gr A{Y[Z`_ 1956 H$s Ymam 3 Ho$ A§VJ©V ñWm{nV ^maVr` OrdZ ~r_m {ZJ_ go h¡&

9. nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W H$m AW© Bg nm°{bgr Ho$ ewê$ hmoZo H$s {V{W h¡&10. Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W dh {V{W h¡ O~ {ZJ_ ~r_m hoVw nm°{bgr H$s

Vm{bH$m Ho$ AZwgma Omo{I_ (g§ajU) H$mo ñdrH$ma H$a boVm h¡&11. n[anŠdVm H$s {V{W H$m AW© dh {ZpíMV {V{W h¡ O~ {hVbm^ nyU©V: `m

AmH$pñ_H$ ê$n go Xo` hmoVm h¡&12. {Z{hV hmoZo H$s {V{W dh {V{W O~ nm°{bgr Ho$ {hVbm^ nmZo Ho$ {bE ~r{_V

ì`pŠV hH$Xma hmoVm h¡ O¡gm {H$ Bg nm°{bgr XñVmdoO Ho$ ^mJ g H$s eV© 3 _| {d{Z{X©ï> {H$`m J`m h¡&

13. _¥Ë`w na {_bZo dmbr aH$_ H$m AW© H$ama Ho$ Ama§^ Ho$ g_` gh_V {hVbm^ go h¡, Omo {H$ Bg nm°{bgr XñVmdoO Ho$ “^mJ g” H$s eV© 2 _| {d{ZYm©[aV ~r{_V ì`pŠV H$s _¥Ë`w H$s Xem _| Xo` h¡&

14. {S>ñMmO© \$m°_© nm°{bgrYmaH$/XmdoXma Ûmam nm°{bgr Ho$ A§VJ©V/n[anŠdVm/Aä`n©U/_¥Ë`w na àmßV hmoZo dmbo {hVbm^ H$m Xmdm H$aZo Ho$ {bE ^am OmZo dmbm \$m°_© h¡&

15. Xo` {V{W H$m AW© dh {ZYm©[aV {V{W h¡ O~ àr{_`_ Xo` VWm nm°{bgrYmaH$ Ûmam ^wJVmZ `mo½` hm|&

16. n¥îR>m§H$Z go AW© {ZJ_ Ûmam {H$Ýhr§ gh_V `m Omar g§emoYZm| `m n[adV©Zm| H$mo Bg nm°{bgr _| em{_b H$aZo Ho$ {bE g§b½Z/Omo‹S>r JB© eVm] go h¡&

17. A§{V_ A{V[aŠV ~moZg, {Ogo Q>{_©Zb (g_mpßV) ~moZg ^r H$hm OmVm h¡, nm°{bgr H$s g_mpßV na, {hVbm^m| Ho$ gmW Xo` A{V[aŠV am{e h¡, AJa bmJy hmo&

18. nyd© g_mpßV ~H$m`m F$U `m bmoZ na ã`mO H$mo Xo` {V{W VH$ Z MwH$mZo na nm°{bgr H$s nyd©-g_mpßV H$s {H«$`m h¡&

19. ’«$s bwH$ nr[a¶S> nm°{bgr XñVmdoO H$s àmpßV go 15 {XZm| H$s Ad{Y Bg nm°{bgr Ho$ {Z`_m| VWm eVm] H$s g_rjm H$aZo Ho$ {bE h¡, Am¡a AJa nm°{bgrYmaH$ CZ {Z`_m| VWm eVm] _| go {H$gr go Agh_V hmo, Vmo CgHo$ nmg Bg nm°{bgr H$mo bm¡Q>mZo H$m {dH$ën h¡&

20. [a`m`Vr Ad{Y `h àr{_`_ H$s Xo` {V{W go ~r_mH$Vm© Ûmam {X`m J`m ^wJVmZ hoVw dh g_` h¡ {OgHo$ Xm¡amZ {~Zm {H$gr Ow_m©Zo/{dbå~ ewëH$ Ho$ ^wJVmZ {H$`m Om gH$Vm h¡ VWm nm°{bgr H$m Omo{I_ g§ajU Ho$ gmW à^mdr _mZm OmVm h¡ VWm nm°{bgr H$s Ad{Y _| H$moB© ì`dYmZ Zht AmVm h¡&

21. Jma§Q>rS> gaoÝS>a _yë` nm°{bgr Ho$ gaoÝS>a {H$E OmZo na nm°{bgrYmaH$ H$mo AXm {H$E OmZo dmbo gaoÝS>a _yë` H$s Ý`yZV_ Jma§Q>rS> am{e h¡&

22. nyU©V: à^mdr H$m AW© `h h¡ {H$ nm°{bgr Ho$ A§VJ©V g^r Xo` àr{_`åg H$m Xo` {V{W go nhbo `m [a`m`Vr Ad{Y _| ^wJVmZ H$a {X`m J`m h¡&

23. AmB©AmaS>rEAmB© H$m AW© h¡ B§í`moaoÝg ao½`wboQ>ar E§S> S>oìbn_oÝQ> AWm°[aQ>r Am°\$ B§{S>`m nhbo Bgo B§í`moaoÝg ao½`wboQ>ar E§S> S>oìbn_oÝQ> AWm°[aQ>r (AmB©AmaS>rE) H$hm OmVm Wm&

24. H$mbmVrV (b¡ßg) nm°{bgr H$s dh Xem h¡ O~ [a`m`Vr Ad{Y Ho$ Xm¡amZ Xo` àr{_`_ H$m ^wJVmZ Zht {H$`m OmVm h¡&

25. ~r{_V ì`pŠV dh ì`pŠV h¡ {OgHo$ OrdZ na ~r_m g§ajU {b`m J`m h¡&26. G$U {ZJ_ Ûmam nm°{bgrYmaH$ H$mo nm°{bgr na Xo` gaoÝS>a _yë` na àXmZ H$s

J`r ã`mO`wŠV am{e h¡&27. n[anŠdVm {hVbm^ H$m AW© dh {hVbm^ h¡ Omo {H$ n[anŠdVm AWm©V Bg

nm°{bgr XñVmdoO Ho$ ^mJ g H$s eV© 1 na Cpëb{IV nm°{bgr Ad{Y H$s g_mpßV na Xo` h¡, AJa ~r{_V ì`pŠV nm°{bgr H$s n[anŠdVm H$s {V{W VH$ Or{dV ahVm h¡&

28. _hÎdnyU© OmZH$mar dh OmZH$mar h¡ Omo {H$ nm°{bgr n«mßV H$aVo g_` ~r{_V ì`pŠV H$mo nhbo go kmV Wr, {OgH$m àñVwV {H$E JE àñVmd Ho$ ~r_mboIZ na à^md hmoVm h¡&

29. Ad`ñH$ `m Zm~m{bJ dh ì`pŠV h¡ {OgZo 18 df© H$s C_« nyar Z H$s hmo&30. Zm_m§H$Z {H$gr ì`pŠV H$mo “Zm{_V” H$aZo Ho$ {bE àñVmd ànÌ _| `m ~mX _|

n¥îR>m§H$Z Ûmam em{_b H$aZo/~XbZo H$s à{H«$`m h¡& Zm_m§H$Z, g_`-g_` na `Wm g§emo{YV ~r_m A{Y{Z`_ 1938 H$s Ymam 39 Ho$ àmdYmZ Ho$ AZwgma {H$`m OmZm Mm{hE&

31. Zm{_V dh ì`pŠV h¡ Omo ~r{_V ì`pŠV H$s nm°{bgr H$s n[anŠdVm go nyd© _¥Ë`w H$s Xem _| nm°{bgr H$s am{e H$mo _mÝ` ê$n go CÝ_mo{MV ({S>ñMmO©) H$aZo H$m A[YH$ma aIVm h¡&

PART – B: DEFINITIONSThe defi nitions of terms/words used in the policy documents are asunder:1. Age is the age nearest birthday of the Life Assured at the time of the

commencement of the policy except for age 8 years for which theage is in completed years.

2. Appointee is the person to whom the proceeds/benefi ts securedunder the Policy are payable if the benefi t becomes payable to the nominee and nominee is minor as on the date of claim payment.

3. Annualized Premium is the total amount of premium payable in a policy year excluding extra amount if charged under the policy due to underwriting decisions and rider premiums, if any.

4. Assignee is the person to whom the rights and benefi ts are transferred by virtue of an Assignment.

5. Assignment is the process of transferring the rights and benefi ts to an “Assignee”. Assignment should be in accordance with the provisions of section 38 of the Insurance Act, 1938 as amended fromtime to time.

6. Base Policy is that part of the Policy referring to basic benefi t(benefi ts referred to in this policy document excluding benefi ts covered under Rider(s), if opted for).

7. Beneficiary means the person who is entitled to receive benefi tsunder this Policy. The Benefi ciary may be proposer or Life Assured orhis Assignee or Nominees or proved Executors or Administrators or other Legal Representatives as the case may be.

8. Corporation means the Life Insurance Corporation of Indiaestablished under Section 3 of the LIC Act, 1956.

9. Date of commencement of policy is the start date of this Policy.10. Date of commencement of risk is the date on which the Corporation

accepts the risk for insurance (cover) as evidenced in the schedule of the policy.

11. Date of Maturity means a fi xed date on which benefi t may become payable either absolutely or contingently.

12. Date of vesting is the date from which the Life Assured becomesentitled to the policy benefi ts as specifi ed in Condition 3 of Part C ofthis Policy Document.

13. Death Benefit means the benefi t, agreed at the inception of thecontract, which is payable on death of Life Assured as specifi ed incondition 2 of Part C of this Policy document.

14. Discharge form is the form to be fi lled by policyholder/claimant to claim the maturity / surrender / death benefi t under the policy.

15. Due Date means a fi xed date on which the policy premium is dueand payable by the policyholder.

16. Endorsement means conditions attached/ affi xed to this Policy incorporating any amendments or modifi cations agreed to or issued by the Corporation.

17. Final Additional Bonus, also called as Terminal Bonus, is anadditional amount payable along with the benefi ts on termination ofthe policy, if applicable.

18. Foreclosure is an action of closing the policy due to default inpayment of outstanding loan and / or loan interest on due date.

19. Free Look Period is the period of 15 days from the date of receipt of the policy document by the policyholder to review the terms and conditions of this policy and where the policyholder disagrees to anyof those terms and conditions, he/ she has the option to return thispolicy.

20. Grace period is the time granted by the insurer from the due date forthe payment of premium, without any penalty/ late fee, during which time the policy is considered to be inforce with the risk cover without any interruption as per the terms of the policy.

21. Guaranteed Surrender Value is the minimum guaranteed amount of Surrender Value payable to the policyholder on surrender of thepolicy.

22. Inforce means all due premiums have been paid on or before the due date or within the grace period.

23. IRDAI means Insurance Regulatory and Development Authorityof India earlier called as Insurance Regulatory and DevelopmentAuthority (IRDA).

24. Lapse is the status of the Policy when a due premium is not paidwithin the grace period.

25. Life Assured is the person on whose life the insurance cover has been accepted.

26. Loan is the interest bearing repayable amount granted by theCorporation against the surrender value payable to the policyholder.

27. Maturity Benefit means the benefi t, which is payable on maturity i.e. at the end of the policy term as specifi ed in condition1of Part C ofthis Policy Document, on life assured surviving the stipulated Date ofMaturity.

28. Material information is the information already known to the LifeAssured at the time of obtaining a policy which has a bearing onunderwriting of the proposal /Policy submitted.

29. Minor is a person who has not completed 18 years of age.30. Nomination is the process of nominating a person who is named as

“Nominee” in the proposal form or subsequently included/ changed by an endorsement. Nomination should be in accordance with provisions of section 39 of the Insurance Act, 1938 as amended fromtime to time.

31. Nominee is the person who has right to give a valid discharge to thepolicy monies in case of the death of the Life Assured.

32. Participating means the Policy is eligible for share of profi t dependingupon the Corporation’s experience.

^mJ-~: n[a^mfmE§nm°{bgr XñVmdoO _| à`wŠV eãXm|/eãXmdbr H$s n[a^mfmE§ {ZåZmZwgma h¢:1. C_« H$m AW© nm°{bgr Ho$ Ama§^ hmoVo g_` ~r{_V ì`pŠV Ho$ ZμOXrH$s OÝ_{XZ _

go h¡ {gdm` 8 df© H$s C_« Ho$ [bE, Ohm§ C_« nyU© dfm] _| h¡&2. {Z`wŠV-ì`pŠV (Enm°BÝQ>r) dh ì`pŠV h¡ {Ogo nm°{bgr Ho$ A§VJ©V Xmdo Ho$ ^wJVmZ

H$s {V{W H$mo Zm{_V Ho$ Zm~m{bJ hmoZo VWm Cgo Xmdo H$s am{e Xo` hmoZo na dh gwa{jV am{e/{hVbm^ Xo` hmoVr h¡&

3. dm{f©H$sH¥$V àr{_`_ EH$ nm°{bgr df© _| Hw$b Xo` àr{_`_ am{e h¡& Omo {H$ ~r_mboIZ {ZU©`m| VWm amBS>a àr{_`_m|, AJa H$moB© hmo Ho$ H$maU br OmZodmbr {H$gr A{V[aŠV am{e Ho$ Abmdm h¡&

4. g_ZwXo{eVr dh ì`pŠV h¡ {Ogo g_ZwXoeZ Ho$ \$bñdê$n nm°{bgr Ho$ A{YH$ma rVWm {hVbm^ hñVm§V[aV {H$E OmVo h¢&

5. g_ZwXoeZ ~r_m A{Y{Z`_ 1938 H$s Ymam 38 Ho$ A§VJ©V Z “g_ZwXo{eVr” Ho$ nj _| nm°{bgr Ho$ A{YH$mam| VWm {hVbm^m| Ho$ ñWmZmÝV[aV hmoZo H$s à{H«$`m h¡&

6. _yb nm°{bgr `h nm°{bgr H$m dh {hñgm hmoVm h¡ Omo _yb {hVbm^m| H$m CëboI rH$aVm h¡ (Bg nm°{bgr H$mJOmV _| Cpëb{IV bm^m| _| amBS>a (g©) Ho$ A§VJ©V AJa MwZo JE hm|, bm^m| H$m g_mdoe Zht hmoVm h¡&)

7. bm^mWu H$m AW© Eogo ì`pŠV go h¡ Omo Bg nm°{bgr Ho$ A§VJ©V {hVbm^m| H$mo àmßV uH$aZo H$m nmÌ h¡& bm^mWu, àñVmdH$ `m ~r{_V ì`pŠV `m CgH$m g_ZwXo{eVr `m Zm{_V ì`pŠV `m à_m{UV {ZînmXH$ `m àemgH$ `m H$moB© AÝ` d¡Ym{ZH$ à{V{Z{Y,O¡gr ^r pñW{V hmo, hmo gH$Vm h¡&

8. {ZJ_ H$m AW© EbAmB©gr A{Y[Z`_ 1956 H$s Ymam 3 Ho$ A§VJ©V ñWm{nV _^maVr` OrdZ ~r_m {ZJ_ go h¡&

9. nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W H$m AW© Bg nm°{bgr Ho$ ewê$ hmoZo H$s {V{W h¡&W10. Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W dh {V{W h¡ O~ {ZJ_ ~r_m hoVw nm°{bgr H$s W

Vm{bH$m Ho$ AZwgma Omo{I_ (g§ajU) H$mo ñdrH$ma H$a boVm h¡&11. n[anŠdVm H$s {V{W H$m AW© dh {ZpíMV {V{W h¡ O~ {hVbm^ nyU©V: `m W

AmH$pñ_H$ ê$n go Xo` hmoVm h¡&12. {Z{hV hmoZo H$s {V{W dh {V{W O~ nm°{bgr Ho$ {hVbm^ nmZo Ho$ {bE ~r{_V W

ì`pŠV hH$Xma hmoVm h¡ O¡gm {H$ Bg nm°{bgr XñVmdoO Ho$ ^mJ g H$s eV© 3 _| {d{Z{X©ï> {H$`m J`m h¡&

13. _¥Ë`w na {_bZo dmbr aH$_ H$m AW© H$ama Ho$ Ama§^ Ho$ g_` gh_V {hVbm^ go _h¡, Omo {H$ Bg nm°{bgr XñVmdoO Ho$ “^mJ g” H$s eV© 2 _| {d{ZYm©[aV ~r{_V ì`pŠV H$s _¥Ë`w H$s Xem _| Xo` h¡&

14. {S>ñMmO© \$m°_© nm°{bgrYmaH$/XmdoXma Ûmam nm°{bgr Ho$ A§VJ©V/n[anŠdVm/Aä`n©U/_¥Ë`w na àmßV hmoZo dmbo {hVbm^ H$m Xmdm H$aZo Ho$ {bE ^am OmZo dmbm \$m°_© h¡&

15. Xo` {V{W H$m AW© dh {ZYm©[aV {V{W h¡ O~ àr{_`_ Xo` VWm nm°{bgrYmaH$ WÛmam ^wJVmZ `mo½` hm|&

16. n¥îR>m§H$Z go AW© {ZJ_ Ûmam {H$Ýhr§ gh_V `m Omar g§emoYZm| `m n[adV©Zm| H$mo ZBg nm°{bgr _| em{_b H$aZo Ho$ {bE g§b½Z/Omo‹S>r JB© eVm] go h¡&

17. A§{V_ A{V[aŠV ~moZg, {Ogo Q>{_©Zb (g_mpßV) ~moZg ^r H$hm OmVm h¡, nm°{bgr H$s g_mpßV na, {hVbm^m| Ho$ gmW Xo` A{V[aŠV am{e h¡, AJa bmJy hmo&

18. nyd© g_mpßV ~H$m`m F$U `m bmoZ na ã`mO H$mo Xo` {V{W VH$ Z MwH$mZo na Vnm°{bgr H$s nyd©-g_mpßV H$s {H«$`m h¡&

19. ’«$s bwH$ nr[a¶S> nm°{bgr XñVmdoO H$s àmpßV go 15 {XZm| H$s Ad{Y Bg nm°{bgr Ho$ {Z`_m| VWm eVm] H$s g_rjm H$aZo Ho$ {bE h¡, Am¡a AJa nm°{bgrYmaH$ CZ {Z`_m| VWm eVm] _| go {H$gr go Agh_V hmo, Vmo CgHo$ nmg Bg nm°{bgr H$mo bm¡Q>mZo H$m {dH$ën h¡&

20. [a`m`Vr Ad{Y `h àr{_`_ H$s Xo` {V{W go ~r_mH$Vm© Ûmam {X`m J`m ^wJVmZ YhoVw dh g_` h¡ {OgHo$ Xm¡amZ {~Zm {H$gr Ow_m©Zo/{dbå~ ewëH$ Ho$ ^wJVmZ {H$`m Om gH$Vm h¡ VWm nm°{bgr H$m Omo{I_ g§ajU Ho$ gmW à^mdr _mZm OmVm h¡ VWm nm°{bgr H$s Ad{Y _| H$moB© ì`dYmZ Zht AmVm h¡&

21. Jma§Q>rS> gaoÝS>a _yë` nm°{bgr Ho$ gaoÝS>a {H$E OmZo na nm°{bgrYmaH$ H$mo AXm `{H$E OmZo dmbo gaoÝS>a _yë` H$s Ý`yZV_ Jma§Q>rS> am{e h¡&

22. nyU©V: à^mdr H$m AW© `h h¡ {H$ nm°{bgr Ho$ A§VJ©V g^r Xo` àr{_`åg H$m Xo` r{V{W go nhbo `m [a`m`Vr Ad{Y _| ^wJVmZ H$a {X`m J`m h¡&

23. AmB©AmaS>rEAmB© H$m AW© h¡ B§í`moaoÝg ao½`wboQ>ar E§S> S>oìbn_oÝQ> AWm°[aQ>r Am°\$ B©B§{S>`m nhbo Bgo B§í`moaoÝg ao½`wboQ>ar E§S> S>oìbn_oÝQ> AWm°[aQ>r (AmB©AmaS>rE) H$hm OmVm Wm&

24. H$mbmVrV (b¡ßg) nm°{bgr H$s dh Xem h¡ O~ [a`m`Vr Ad{Y Ho$ Xm¡amZ Xo` àr{_`_ H$m ^wJVmZ Zht {H$`m OmVm h¡&

25. ~r{_V ì`pŠV dh ì`pŠV h¡ {OgHo$ OrdZ na ~r_m g§ajU {b`m J`m h¡&V26. G$U {ZJ_ Ûmam nm°{bgrYmaH$ H$mo nm°{bgr na Xo` gaoÝS>a _yë` na àXmZ H$s U

J`r ã`mO`wŠV am{e h¡&27. n[anŠdVm {hVbm^ H$m AW© dh {hVbm^ h¡ Omo {H$ n[anŠdVm AWm©V Bg ^

nm°{bgr XñVmdoO Ho$ ^mJ g H$s eV© 1 na Cpëb{IV nm°{bgr Ad{Y H$s g_mpßV na Xo` h¡, AJa ~r{_V ì`pŠV nm°{bgr H$s n[anŠdVm H$s {V{W VH$ Or{dV ahVm h¡&

28. _hÎdnyU© OmZH$mar dh OmZH$mar h¡ Omo {H$ nm°{bgr n«mßV H$aVo g_` ~r{_V rì`pŠV H$mo nhbo go kmV Wr, {OgH$m àñVwV {H$E JE àñVmd Ho$ ~r_mboIZ na à^md hmoVm h¡&

29. Ad`ñH$ `m Zm~m{bJ dh ì`pŠV h¡ {OgZo 18 df© H$s C_« nyar Z H$s hmo&J30. Zm_m§H$Z {H$gr ì`pŠV H$mo Z “Zm{_V” H$aZo Ho$ {bE àñVmd ànÌ _| `m ~mX _|

n¥îR>m§H$Z Ûmam em{_b H$aZo/~XbZo H$s à{H«$`m h¡& Zm_m§H$Z, g_`-g_` na `Wm g§emo{YV ~r_m A{Y{Z`_ 1938 H$s Ymam 39 Ho$ àmdYmZ Ho$ AZwgma {H$`m OmZm Mm{hE&

31. Zm{_V dh ì`pŠV h¡ Omo ~r{_V ì`pŠV H$s nm°{bgr H$s n[anŠdVm go nyd© _¥Ë`w VH$s Xem _| nm°{bgr H$s am{e H$mo _mÝ` ê$n go CÝ_mo{MV ({S>ñMmO©) H$aZo H$m A[YH$ma aIVm h¡&

28177 Jeevan Labh Policy document_21-01.indd Spread 2 of 8 - Pages(2, 15)28177 Jeevan Labh Policy document_21-01.indd Spread 2 of 8 - Pages(2, 15) 15-02-2016 05:11:4215-02-2016 05:11:42

Page 3: EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m

33. Paid - Up is the status of the Policy if the premiums are paid for at least 3 full years and subsequent premiums are not paid within the grace period.

34. Policy Anniversary means one year from the date of commencement of the Policy and the same date falling one year thereafter, till the date of maturity.

35. Policy/Policy Document means this document along with endorsements, if any, issued by the Corporation which is a legal contract between the Policyholder and the Corporation.

36. Policyholder is the legal owner of this policy.37. Policy term is the period, in years, from the Date of commencement

of policy during which the contractual benefi ts are payable as per the terms and conditions of the policy.

38. Policy year is the period between two consecutive policy anniversaries. This period includes the fi rst day and excludes the next policy anniversary day.

39. Premium is the contractual amount payable by the Policyholder at specifi ed times periodically as mentioned in the schedule of this Policy Document to secure the benefi ts under the policy. The premium payable will be “Total Installment Premium” which includes

i. Installment Premium for Base Policy and ii. Installment Premium for Rider, if Rider has been opted for. The term ‘Premium’ used anywhere in this Policy Document does

not include any taxes.40. Premium paying term means the period, in years, during which

premium is payable.41. Proof of continued insurability is the information sought from the

policyholder to decide revival of the policy. This includes Form of declaration of Good Health, Medical Reports, Special Reports, etc.

42. Proposer is a person who proposes the life insurance proposal.43. Revival of a policy which was discontinued due to the non-payment

of premium, means restoration of the policy by the insurer as per underwriting decision, upon the receipt of all the premium due and other charges/ late fee, if any, as per the terms and conditions of the policy, upon being satisfi ed as to the continued insurability of the insured on the basis of the information, documents and reports furnished by the policyholder, in accordance with the then existing underwriting guidelines.

44. Revival Period is the period of two consecutive years from the date of discontinuance of the policy, during which period the policyholder is entitled to revive the policy which was discontinued due to the non-payment of premium.

45. Rider is an add-on benefi t in addition to basic benefi ts as specifi ed under this Policy Document.

46. Rider Premium is the premium payable by the Policyholder along with the premium under Base Policy towards the additional cover/benefi t opted under the rider, if opted.

47. Rider Sum Assured is the assured amount payable on happening of a specifi ed event covered under the rider, if opted.

48. Schedule is the part of policy document that gives the specifi c details of your policy.

49. Simple Reversionary Bonus is the surplus/profi t added by the Corporation to ‘with-profi ts’ policies. It is declared per thousand Basic Sum Assured at the end of each fi nancial year based on the Corporation’s experience.

50. Sum Assured on Death is the assured amount payable on death during the policy term.

51. Sum Assured on Maturity is the absolute amount payable on maturity as mentioned in Condition 1of Part C of this Policy Document.

52. Surrender means complete withdrawal / termination of the entire policy before maturity.

53. Surrender Value means an amount, if any, that becomes payable in case of surrender in accordance with the terms and condition of this policy.

54. Tabular premium is the premium for the chosen Basic Sum Assured based on the age of the Life Assured without application of any rebate or extra loading.

55. Underwriting is the term used to describe the process of assessing risk and ensuring that the cost of the cover is proportionate to the risks faced by the individual concerned. Based on underwriting, a decision on acceptance or rejection of cover as well as applicability of suitable premium or modifi ed terms, if any, is taken.

56. UIN means the Unique Identifi cation Number allotted to this plan by the IRDAI.

57. Vested Bonus is the reversionary bonus, if any, which has already been declared and remains attached to the policy.

58. With Profits policies means policies which are entitled for any share in surplus (profi ts) emerging during the term of the policy in accordance with the terms and conditions of the policy.

PART – C: BENEFITSThe following benefi ts are payable under this policy:1. Maturity Benefit: On Life Assured surviving the stipulated Date of

Maturity provided the policy is inforce, Sum Assured on Maturity along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where Sum Assured on Maturity is equal to Basic Sum Assured.

2. Death Benefit: On death of the Life Assured before the stipulated Date of Maturity provided the policy is inforce, then Death Benefi t, defi ned as sum of “Sum Assured on Death”, vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where, “Sum Assured on Death” is defi ned as higher

32. à{V^mJr H$m AW© h¡ {ZJ_ Ho$ AZw^d Ho$ AmYma na nm°{bgr _wZm\o$ _| ^mJrXmar H$m nmÌ h¡&

33. MwH$Vm nm°{bgr H$s dh pñW{V h¡, H$_ go H$_ 3 nyao dfm] hoVw àr{_`åg H$m ^wJVmZ AXm {H$`m OmVm h¡ Am¡a nadVu àr{_`åg H$m ^wJVmZ [a`m`Vr Ad{Y Ho$ Xm¡amZ Zht {H$`m OmVm h¡&

34. nm°{bgr df©Jm§R> H$m AW© nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W go EH$ df© VWm CgHo$ ~mX n[anŠdVm VH$ EH$ df© ~mX AmZodmbr àË`oH$ {V{W go h¡&

35. nm°{bgr/nm°{bgr XñVmdoO H$m AW© n¥îR>m§H$Zm|, AJa H$moB© hm|, g{hV {ZJ_ Ûmam Omar dh XñVmdoO h¡ Omo {H$ nm°{bgrYmaH$ VWm {ZJ_ Ho$ ~rM EH$ d¡Ym{ZH$ AZw~§Y hmoVm h¡&

36. nm°{bgrYmaH$ Bg nm°{bgr H$m H$mZyZr _m{bH$ h¡&37. nm°{bgr Ad{Y dfm] _| nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W go dh Ad{Y h¡, O~

nm°{bgr Ho$ {Z`_m| d eVm] Ho$ AZwgma g§{dXmJV {hVbm^ Xo` hmoVo h¢&38. nm°{bgr df© Xmo bJmVma nm°{bgr df©Jm§R>m| Ho$ ~rM H$s Ad{Y h¡& Bg Ad{Y

_| nhbm df©Jm§R> H$m {XZ em{_b h¡ VWm AJbm nm°{bgr df©Jm§R> {XZ em{_b Zht h¡&

39. àr{_`_ nm°{bgr Ho$ A§VJ©V {hVbm^m| H$mo gwa{jV H$aZo Ho$ {bE Bg nm°{bgr XñVmdoO H$s AZwgyMr _| Cpëb{IV {d{ZYm©[aV g_`m| na Amd{YH$ ê$n go nm°{bgrYmaH$ Ûmam AXm H$s OmZo dmbr g§{dXmJV am{e h¡& AXm {H$`m OmZo dmbm àr{_`_ hmoJm “Hw$b {H$ñV àr{_`_”, {Og_| em{_b hmoJm

i) _yb nm°{bgr Ho$ {bE {H$ñV àr{_`_ VWm ii) amBS>a Ho$ {bE {H$ñV àr{_`_, AJa amBS>a H$mo MwZm J`m hmo Bg nm°{bgr H$mJOmV _| H$ht ^r BñVo_mb {H$E JE eãX “àr{_`_” _|

{H$Ýht H$am| H$mo em{_b Zht {H$`m J`m h¡&40. àr{_`_ ^wJVmZ Ad{Y H$m AW© dfm] _| dh Ad{Y h¡, {OgHo$ Xm¡amZ àr{_`_ H$m

^wJVmZ {H$`m OmVm h¡&41. {ZaÝVa ~r_m `mo½`Vm H$m à_mU `h nm°{bgrYmaH$ go _m§Jr OmZodmbr OmZH$mar h¡

Vm{H$ nm°{bgr Ho$ nwZ:àMbZ H$m {ZU©` {b`m Om gHo$& Bg_| CÎm_ ñdmñÏ` H$s KmofUm, _o{S>H$b [anmoQ²>©g, {deof [anmoQ²>©g Am{X H$m g_mdoe h¡&

42. àñVmdH$ dh ì`pŠV h¡ Omo OrdZ ~r_m boZo H$m àñVmd XoVm h¡&43. nwZ: àMmbZ H$m AW© àr{_`_ H$m ^wJVmZ Z {H$E OmZodmbr nm°{bgr H$mo,

g^r Xo` àr{_`åg VWm AÝ` à^mam|/{dbå~ ewëH$, AJa H$moB© hmo, nm°{bgr Ho$ {Z`_m| d eVm] Ho$ AZwgma àmßV hmoZo VWm nm°{bgrYmaH$ Ûmam _m¡OyXm ~r_mboIZ {Xem{ZX}em| Ho$ AZwgma noe H$s JB© OmZH$mar, H$mJOmVm| VWm [anmoQ²>©g Ho$ AmYma na ~r_mYmaH$ H$s {ZaÝVa ~r_m`mo½`Vm Ho$ ~mao _| g§Vwï> hmoZo na ~r_mH$Vm© Ûmam nm°{bgr H$mo nm°{bgr XñVmdoO _| CëboI {H$E JE g_ñV {hVbm^m| {\$a go Mmby {H$E OmZo go h¡&

44. nwZ: àMmbZ Ad{Y BgH$m AW© nm°{bgr Ho$ Aà^mdr hmoZo H$s {V{W go bJmVma Xmo dfm] H$s Ad{Y h¡, {Ogo Ad{Y Ho$ Xm¡amZ nm°{bgrYmaH$ nm°{bgr Ho$ nwZ:àMm{bV H$aZo H$m nmÌ h¡, {Ogo àr{_`_ H$m ^wJVmZ Z {H$E OmZo Ho$ H$maU Aà^mdr H$a {X`m J`m hmo&

45. amBS>a Bg nm°{bgr Ho$ A§VJ©V {d{ZYm©[aV {H$E JE AZwgma _yb {hVbm^m| Ho$ gmW Omo‹S>m J`m EH$ _yë`d{Õ©V {hVbm^ h¡&

46. amBS>a àr{_`_ nm°{bgrYmaH$ Ûmam, AJa amBS>a MwZm J`m hmo Vmo CgHo$ A{V[aŠV g§ajU/{hVbm^ Ho$ {bE _yb ßbmZ Ho$ A§VJ©V Xo` àr{_`_ Ho$ gmW AXm {H$`m OmZo dmbm àr{_`_ h¡&

47. amBS>a ~r_m am{e dh {ZpíMV aH$_ h¡ Omo {H$ amBS>a Ho$ A§VJ©V g§a{jV KQ>Zm Ho$ K{Q>V hmoZo na, AJa Cgo MwZm J`m hmo, Xo` hmoVr h¡&

48. AZwgyMr AmnHo$ nm°{bgr XñVmdoO H$m EH$ A§J h¡ {Og_| AmnH$s nm°{bgr H$m {ddaU _m¡OyX h¡&

49. gab àË`mdVu ~moZg “bm^ g{hV” nm°{bgm| na {ZJ_ Ûmam A{V[aŠV/bm^ Ho$ ê$n _| Omo‹S>m OmVm h¡& {ZJ_ Ho$ AZw^d Ho$ AZwgma Bgo àË`oH$ {dÎmr` df© Ho$ A§V _| à{V hOma _yb ~r_m am{e na Kmo{fV {H$`m OmVm h¡&

50. _¥Ë`w na ~r_m am{e Bg nm°{bgr H$s Ad{Y Ho$ Xm¡amZ _¥Ë`w na Xo` gw{ZpíMV am{e&

51. n[anŠdVm na ~r_m am{e `h Hw$b am{e h¡ Omo n[anŠdVm na Xo` h¡ {OgH$m CëboI Bg nm°{bgr H$mJOmV Ho$ ^mJ g H$s eV© 1 _| CëboI {H$`m J`m h¡&

52. Aä¶n©U H$m AW© nyar nm°{bgr H$mo n[anŠdVm go nhbo dmng boZm/g_mßV H$aZm h¡&

53. Aä¶n©U _yë` H$m AW©, dh am{e h¡, AJa H$moB© hmo, Omo {H$ Bg nm°{bgr Ho$ {Z`_m| VW eVm] Ho$ AZwgma Cgo gaoÝS>a H$aZo H$s pñW{V _| Xo` hmoVr h¡&

54. Vm{bH$m àr{_`_ `h ~r{_V ì`pŠV H$s C_« Ho$ AmYma na MwZr JB© _yb ~r_m am{e Ho$ {bE àr{_`_ h¡ {Og_| {H$gr [a~oQ> `m A{V[aŠV bmoqS>J H$mo em{_b Zht {H$`m J`m h¡&

55. ~r_mboIZ eãX H$m BñVo_mb Omo{I_ AmH$bZ H$s à{H«$`m H$m dU©Z H$aZo VWm `h gw{ZpíMV H$aZo Ho$ {bE {H$`m OmVm h¡ {H$ g§~§{YV ì`pŠV Ûmam {OZ Omo{I_m| H$m gm_Zm {H$`m Om ahm h¡, CZHo$ g§ajU Ho$ {bE `h AmZwnm{VH$ bmJV h¡& ~r_mboIZ Ho$ AmYma na g§ajU H$s ñdrH¥${V `m AñdrH¥${V VWm Cn`wŠV àr{_`_ `m g§emo{YV eVm] H$mo bmJy {H$E OmZo, AJa H$moB© hmo, Ho$ g§~§Y _| \¡$gbm {b`m OmVm h¡&

56. UIN H$m AW© Bg ßbmZ H$mo AmB©AmaS>rE Ûmam Am~§{Q>V `yZrH$ AmBS>opÝQ>{\$Ho$eZ Z§~a h¡&

57. {Z{hV ~moZg `h àË`mdVu ~moZg h¡ Omo Kmo{fV {H$`m Om MwH$m h¡ VWm nm°{bgr Ho$ gmW Ow‹S>m ahVm h¡&

58. bm^ g{hV nm°{b{g`m§ Ho$ VmËn`© Eogr nm°{b{g`m| go h¡, Omo nm°{bgr Ho$ {Z`_m| Am¡a eVm] Ho$ AZwgma nm°{bgr H$s Ad{Y Ho$ Xm¡amZ {ZJ_ H$mo àmßV hmoZo dmbr A{V[aŠV am{e (_wZm\o$) _| ^mJrXmar H$s nmÌ hmoVr h¢&

^mJ - g: {hVbm^Bg nm°{bgr Ho$ A§VJ©V {ZåZ{b{IV {hVbm^ Xo` h¢:1. n[anŠdVm {hVbm^: ~r{_V ì`pŠV Ho$ n[anŠdVm H$s {ZYm©[aV Ad{Y VH$ Or{dV

33. Paid - Up is the status of the Policy if the premiums are paid for atleast 3 full years and subsequent premiums are not paid within the grace period.

34. Policy Anniversary means one year from the date of commencementof the Policy and the same date falling one year thereafter, till the date of maturity.

35. Policy/Policy Document means this document along withendorsements, if any, issued by the Corporation which is a legal contract between the Policyholder and the Corporation.

36. Policyholder is the legal owner of this policy.37. Policy term is the period, in years, from the Date of commencement

of policy during which the contractual benefi ts are payable as per the terms and conditions of the policy.

38. Policy year is the period between two consecutive policy anniversaries. This period includes the fi rst day and excludes the next policy anniversary day.

39. Premium is the contractual amount payable by the Policyholder at specifi ed times periodically as mentioned in the schedule ofthis Policy Document to secure the benefi ts under the policy. The premium payable will be “Total Installment Premium” which includes

i. Installment Premium for Base Policy and ii. Installment Premium for Rider, if Rider has been opted for. The term ‘Premium’ used anywhere in this Policy Document does

not include any taxes.40. Premium paying term means the period, in years, during which

premium is payable.41. Proof of continued insurability is the information sought from the

policyholder to decide revival of the policy. This includes Form of declaration of Good Health, Medical Reports, Special Reports, etc.

42. Proposer is a person who proposes the life insurance proposal.43. Revival of a policy which was discontinued due to the non-payment

of premium, means restoration of the policy by the insurer as per underwriting decision, upon the receipt of all the premium due andother charges/ late fee, if any, as per the terms and conditions of the policy, upon being satisfi ed as to the continued insurability ofthe insured on the basis of the information, documents and reportsfurnished by the policyholder, in accordance with the then existingunderwriting guidelines.

44. Revival Period is the period of two consecutive years from the dateof discontinuance of the policy, during which period the policyholderis entitled to revive the policy which was discontinued due to the non-payment of premium.

45. Rider is an add-on benefi t in addition to basic benefi ts as specifi ed under this Policy Document.

46. Rider Premium is the premium payable by the Policyholder along with the premium under Base Policy towards the additional cover/benefi t opted under the rider, if opted.

47. Rider Sum Assured is the assured amount payable on happening of a specifi ed event covered under the rider, if opted.

48. Schedule is the part of policy document that gives the specifi c details of your policy.

49. Simple Reversionary Bonus is the surplus/profi t added by the Corporation to ‘with-profi ts’ policies. It is declared per thousand Basic Sum Assured at the end of each fi nancial year based on the Corporation’s experience.

50. Sum Assured on Death is the assured amount payable on death during the policy term.

51. Sum Assured on Maturity is the absolute amount payable on maturity as mentioned in Condition 1of Part C of this Policy Document.

52. Surrender means complete withdrawal / termination of the entirepolicy before maturity.

53. Surrender Value means an amount, if any, that becomes payable in case of surrender in accordance with the terms and condition of this policy.

54. Tabular premium is the premium for the chosen Basic Sum Assured based on the age of the Life Assured without application of any rebate or extra loading.

55. Underwriting is the term used to describe the process of assessing risk and ensuring that the cost of the cover is proportionate to therisks faced by the individual concerned. Based on underwriting, adecision on acceptance or rejection of cover as well as applicability of suitable premium or modifi ed terms, if any, is taken.

56. UIN means the Unique Identifi cation Number allotted to this plan bythe IRDAI.

57. Vested Bonus is the reversionary bonus, if any, which has alreadybeen declared and remains attached to the policy.

58. With Profits policies means policies which are entitled for anyshare in surplus (profi ts) emerging during the term of the policy inaccordance with the terms and conditions of the policy.

PART – C: BENEFITSThe following benefi ts are payable under this policy:1. Maturity Benefit: On Life Assured surviving the stipulated Date of

Maturity provided the policy is inforce, Sum Assured on Maturityalong with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where Sum Assured on Maturity isequal to Basic Sum Assured.

2. Death Benefit: On death of the Life Assured before the stipulated Date of Maturity provided the policy is inforce, then Death Benefi t, defi ned as sum of “Sum Assured on Death”, vested SimpleReversionary Bonuses and Final Additional Bonus, if any, shall be payable. Where, “Sum Assured on Death” is defi ned as higher

32. à{V^mJr H$m AW© h¡ {ZJ_ Ho$ AZw^d Ho$ AmYma na nm°{bgr _wZm\o$ _| ^mJrXmar H$m rnmÌ h¡&

33. MwH$Vm nm°{bgr H$s dh pñW{V h¡, H$_ go H$_ 3 nyao dfm] hoVw àr{_`åg H$m ^wJVmZ mAXm {H$`m OmVm h¡ Am¡a nadVu àr{_`åg H$m ^wJVmZ [a`m`Vr Ad{Y Ho$ Xm¡amZ Zht {H$`m OmVm h¡&

34. nm°{bgr df©Jm§R> H$m AW© nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W go EH$ df© VWm CgHo$ R~mX n[anŠdVm VH$ EH$ df© ~mX AmZodmbr àË`oH$ {V{W go h¡&

35. nm°{bgr/nm°{bgr XñVmdoO H$m AW© n¥îR>m§H$Zm|, AJa H$moB© hm|, g{hV {ZJ_ Ûmam OOmar dh XñVmdoO h¡ Omo {H$ nm°{bgrYmaH$ VWm {ZJ_ Ho$ ~rM EH$ d¡Ym{ZH$ AZw~§Y hmoVm h¡&

36. nm°{bgrYmaH$ Bg nm°{bgr H$m H$mZyZr _m{bH$ h¡&H37. nm°{bgr Ad{Y dfm] _| nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W go dh Ad{Y h¡, O~ Y

nm°{bgr Ho$ {Z`_m| d eVm] Ho$ AZwgma g§{dXmJV {hVbm^ Xo` hmoVo h¢&38. nm°{bgr df© Xmo bJmVma nm°{bgr df©Jm§R>m| Ho$ ~rM H$s Ad{Y h¡& Bg Ad{Y f

_| nhbm df©Jm§R> H$m {XZ em{_b h¡ VWm AJbm nm°{bgr df©Jm§R> {XZ em{_b Zht h¡&

39. àr{_`_ nm°{bgr Ho$ A§VJ©V {hVbm^m| H$mo gwa{jV H$aZo Ho$ {bE Bg nm°{bgr XñVmdoO _H$s AZwgyMr _| Cpëb{IV {d{ZYm©[aV g_`m| na Amd{YH$ ê$n go nm°{bgrYmaH$ Ûmam AXm H$s OmZo dmbr g§{dXmJV am{e h¡& AXm {H$`m OmZo dmbm àr{_`_ hmoJm “Hw$b {H$ñV àr{_`_”, {Og_| em{_b hmoJm

i) _yb nm°{bgr Ho$ {bE {H$ñV àr{_`_ VWm ii) amBS>a Ho$ {bE {H$ñV àr{_`_, AJa amBS>a H$mo MwZm J`m hmo Bg nm°{bgr H$mJOmV _| H$ht ^r BñVo_mb {H$E JE eãX “àr{_`_” _|

{H$Ýht H$am| H$mo em{_b Zht {H$`m J`m h¡&40. àr{_`_ ^wJVmZ Ad{Y H$m AW© dfm] _| dh Ad{Y h¡, {OgHo$ Xm¡amZ àr{_`_ H$m Y

^wJVmZ {H$`m OmVm h¡&41. {ZaÝVa ~r_m `mo½`Vm H$m à_mU `h nm°{bgrYmaH$ go _m§Jr OmZodmbr OmZH$mar h¡ U

Vm{H$ nm°{bgr Ho$ nwZ:àMbZ H$m {ZU©` {b`m Om gHo$& Bg_| CÎm_ ñdmñÏ` H$s KmofUm, _o{S>H$b [anmoQ²>©g, {deof [anmoQ²>©g Am{X H$m g_mdoe h¡&

42. àñVmdH$ dh ì`pŠV h¡ Omo OrdZ ~r_m boZo H$m àñVmd XoVm h¡&H43. nwZ: àMmbZ H$m AW© àr{_`_ H$m ^wJVmZ Z {H$E OmZodmbr nm°{bgr H$mo, Z

g^r Xo` àr{_`åg VWm AÝ` à^mam|/{dbå~ ewëH$, AJa H$moB© hmo, nm°{bgr Ho$ {Z`_m| d eVm] Ho$ AZwgma àmßV hmoZo VWm nm°{bgrYmaH$ Ûmam _m¡OyXm ~r_mboIZ {Xem{ZX}em| Ho$ AZwgma noe H$s JB© OmZH$mar, H$mJOmVm| VWm [anmoQ²>©g Ho$ AmYma na ~r_mYmaH$ H$s {ZaÝVa ~r_m`mo½`Vm Ho$ ~mao _| g§Vwï> hmoZo na ~r_mH$Vm© Ûmam nm°{bgr H$mo nm°{bgr XñVmdoO _| CëboI {H$E JE g_ñV {hVbm^m| {\$a go Mmby {H$E OmZo go h¡&

44. nwZ: àMmbZ Ad{Y BgH$m AW© nm°{bgr Ho$ Aà^mdr hmoZo H$s {V{W go bJmVma Xmo Ydfm] H$s Ad{Y h¡, {Ogo Ad{Y Ho$ Xm¡amZ nm°{bgrYmaH$ nm°{bgr Ho$ nwZ:àMm{bV H$aZo H$m nmÌ h¡, {Ogo àr{_`_ H$m ^wJVmZ Z {H$E OmZo Ho$ H$maU Aà^mdr H$a {X`m J`m hmo&

45. amBS>a Bg nm°{bgr Ho$ A§VJ©V {d{ZYm©[aV {H$E JE AZwgma _yb {hVbm^m| Ho$ gmW aOmo‹S>m J`m EH$ _yë`d{Õ©V {hVbm^ h¡&

46. amBS>a àr{_`_ nm°{bgrYmaH$ Ûmam, AJa amBS>a MwZm J`m hmo Vmo CgHo$ A{V[aŠV _g§ajU/{hVbm^ Ho$ {bE _yb ßbmZ Ho$ A§VJ©V Xo` àr{_`_ Ho$ gmW AXm {H$`m OmZo dmbm àr{_`_ h¡&

47. amBS>a ~r_m am{e dh {ZpíMV aH$_ h¡ Omo {H$ amBS>a Ho$ A§VJ©V g§a{jV KQ>Zm eHo$ K{Q>V hmoZo na, AJa Cgo MwZm J`m hmo, Xo` hmoVr h¡&

48. AZwgyMr AmnHo$ nm°{bgr XñVmdoO H$m EH$ A§J h¡ {Og_| AmnH$s nm°{bgr H$m {ddaU r_m¡OyX h¡&

49. gab àË`mdVu ~moZg “bm^ g{hV” nm°{bgm| na {ZJ_ Ûmam A{V[aŠV/bm^ Ho$ ê$n _| Omo‹S>m OmVm h¡& {ZJ_ Ho$ AZw^d Ho$ AZwgma Bgo àË`oH$ {dÎmr` df© Ho$ A§V _| à{V hOma _yb ~r_m am{e na Kmo{fV {H$`m OmVm h¡&

50. _¥Ë`w na ~r_m am{e Bg nm°{bgr H$s Ad{Y Ho$ Xm¡amZ _¥Ë`w na Xo` egw{ZpíMV am{e&

51. n[anŠdVm na ~r_m am{e `h Hw$b am{e h¡ Omo n[anŠdVm na Xo` h¡ {OgH$m eCëboI Bg nm°{bgr H$mJOmV Ho$ ^mJ g H$s eV© 1 _| CëboI {H$`m J`m h¡&

52. Aä¶n©U H$m AW© nyar nm°{bgr H$mo n[anŠdVm go nhbo dmng boZm/g_mßV UH$aZm h¡&

53. Aä¶n©U _yë` H$m AW©, dh am{e h¡, AJa H$moB© hmo, Omo {H$ Bg nm°{bgr Ho$ `{Z`_m| VW eVm] Ho$ AZwgma Cgo gaoÝS>a H$aZo H$s pñW{V _| Xo` hmoVr h¡&

54. Vm{bH$m àr{_`_ `h ~r{_V ì`pŠV H$s C_« Ho$ AmYma na MwZr JB© _yb ~r_m _am{e Ho$ {bE àr{_`_ h¡ {Og_| {H$gr [a~oQ> `m A{V[aŠV bmoqS>J H$mo em{_b Zht {H$`m J`m h¡&

55. ~r_mboIZ eãX H$m BñVo_mb Omo{I_ AmH$bZ H$s à{H«$`m H$m dU©Z H$aZo VWm Z`h gw{ZpíMV H$aZo Ho$ {bE {H$`m OmVm h¡ {H$ g§~§{YV ì`pŠV Ûmam {OZ Omo{I_m| H$m gm_Zm {H$`m Om ahm h¡, CZHo$ g§ajU Ho$ {bE `h AmZwnm{VH$ bmJV h¡& ~r_mboIZ Ho$ AmYma na g§ajU H$s ñdrH¥${V `m AñdrH¥${V VWm Cn`wŠV àr{_`_ `m g§emo{YV eVm] H$mo bmJy {H$E OmZo, AJa H$moB© hmo, Ho$ g§~§Y _| \¡$gbm {b`m OmVm h¡&

56. UIN H$m AW© Bg ßbmZ H$mo AmB©AmaS>rE Ûmam Am~§{Q>V `yZrH$ AmBS>opÝQ>{\$Ho$eZ Z§~a h¡&

57. {Z{hV ~moZg `h àË`mdVu ~moZg h¡ Omo Kmo{fV {H$`m Om MwH$m h¡ VWm nm°{bgr gHo$ gmW Ow‹S>m ahVm h¡&

58. bm^ g{hV nm°{b{g`m§ Ho$ VmËn`© Eogr nm°{b{g`m| go h¡, Omo nm°{bgr Ho$ {Z`_m| Am¡a meVm] Ho$ AZwgma nm°{bgr H$s Ad{Y Ho$ Xm¡amZ {ZJ_ H$mo àmßV hmoZo dmbr A{V[aŠV am{e (_wZm\o$) _| ^mJrXmar H$s nmÌ hmoVr h¢&

^mJ - g: {hVbm^Bg nm°{bgr Ho$ A§VJ©V {ZåZ{b{IV {hVbm^ Xo` h¢:1. n[anŠdVm {hVbm^: ~r{_V ì`pŠV Ho$ n[anŠdVm H$s {ZYm©[aV Ad{Y VH$ Or{dV

28177 Jeevan Labh Policy document_21-01.indd Spread 3 of 8 - Pages(14, 3)28177 Jeevan Labh Policy document_21-01.indd Spread 3 of 8 - Pages(14, 3) 15-02-2016 05:11:4315-02-2016 05:11:43

Page 4: EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m

of Absolute amount assured to be paid on death i.e. Basic Sum Assured or 10 times of Annualized Premium.

This Death Benefi t shall not be less than 105% of the total Premiums paid excluding extra amount if charged under the policy due to underwriting decisions and Rider Premium(s), if any, as on date of death.

3. Date of Vesting (Applicable only if the age of the Life Assured is below 18 years on the date of commencement of policy): If the Life Assured is alive on the vesting date and if a request in writing for surrendering the policy has not been received by Corporation before such vesting date from the person entitled to the policy moneys, this policy shall automatically vest in the Life Assured on such vesting date i.e. on the policy anniversary coinciding with or immediately following the completion of 18 years of age and shall on such vesting be deemed to be a contract between the Corporation and the Life Assured. The Life Assured shall become the absolute owner of the policy and the proposer or his estate shall cease to have any right or interest therein.

4. Rider Benefits: A. LIC’s Accidental Death and Disability Benefit Rider (UIN:

512B209V01) (if opted): An ‘Accident’ for the purpose of this policy is defi ned as “An Accident is a sudden, unforeseen and involuntary event caused by external, violent and visible means.”

LIC’s Accidental Death and Disability Benefi t Rider is available on payment of additional premium. This benefi t will not be available under the policy on the life of minors, during minority of the Life Assured. However, this Rider will be available from the policy anniversary following completion of age 18 years on receipt of specifi c request and payment of additional premium, if found eligible as per the underwriting rules of the Corporation.

Subject to as stated above, under an inforce policy the Accidental Death and Disability Benefi t Rider can be opted for at any time within the Premium Paying Term of the Base Policy provided the outstanding Premium Paying Term of the Base Policy is atleast 5 years. Wherever this rider has been opted for under the policy, the benefi ts covered under this Rider will be available during the policy term or upto the policy anniversary on which the age nearer birthday of the Life Assured is 70 years, whichever is earlier, provided the Policy is in force for the full Sum Assured as on date of accident.

The additional premium for this Rider will not be required to be paid after all premiums under this Policy have been paid or on and after the policy anniversary on which the age nearer birthday of the Life Assured is 70 years, whichever is earlier. However, the premium under the Base Policy with which this rider is attached shall continue to be paid beyond age 70 years till the end of Premium Paying Term, wherever applicable.

The maximum aggregate limit of assurance under all policies including policies with in-built Accident Benefi t taken with Life Insurance Corporation of India under individual policies as well as group policies on the same life to which following benefi ts apply shall not in any event exceed Rs.100 lakhs of Accident Benefi t Sum Assured. If there be more policies than one and if the total Accident Benefi t Sum Assured exceeds Rs.100 lakhs, the benefi ts shall apply to the fi rst Rs. 100 lakhs Accident Benefi t Sum Assured in order of date of policies issued.

If the Life assured is involved in an accident at any time when this Policy is in force for the full Sum Assured, and such injury shall within 180 days of its occurrence solely, directly and independently of all other causes result in (a) either permanent and total disability, as hereinafter defi ned or (b) death of the Life assured and the same is proved to the satisfaction of the Corporation, the Corporation agrees in case of:

(a). Disability to the Life Assured: (i) pay additional sum equal to the Accident Benefi t Sum Assured in equal monthly instalments spread over 10 years under this Policy. If the policy becomes a claim by the way of death or maturity before the expiry of the said period of 10 years, the disability benefi t instalments which have not fallen due will be paid along with the claim and (ii) waive the payment of future premiums chargeable, if any, under the policy (including the premium under Base Policy) to the extent of Accident Benefi t Sum Assured. The premium for any other Rider, if opted for, shall continue to be paid.

The waiver of premium shall extinguish all options under this policy and the benefi ts covered by 4.A.(b) of this clause except as to such assurances, if any, as exceeds the total accident benefi t sum assured under all the existing policies of the life assured and which may have been kept in force by continued payment of premiums.

The disability above referred to must be disability which is the result of an ‘Accident’ and must be total and permanent. Accidental injuries which independently of all other causes and within 180 days from the happening of such accident result in such disability due to which life assured is unable to perform at least 4 (four) of the following Activities of Daily Living (defi ned below) permanently without any external help/support including the use of mechanical equipment, special devices or other aids, then such disability shall be treated as Total and Permanent. Medical Examiner authorized by the Corporation shall examine the life assured to certify the disability as Total and Permanent.

The Activities of Daily Living are: • Dressing - the ability to put on and take off all necessary

garments, artifi cial limbs or other surgical appliances that are medically necessary

• Washing - the ability to wash to maintain an adequate level of cleanliness and personal hygiene

ahZo na, ~eV] nm°{bgr nyU©V: à^mdr hmo, “n[anŠdVm na ~r_m am{e” {Z{hV gab àË`mdVu ~moZgm| VWm A§{V_ A{V[aŠV ~moZg, AJa H$moB© hmo, Ho$ gmW Xo` hmoJr& Ohm§ n[anŠdVm na ~r_m am{e _yb ~r_m am{e Ho$ g_mZ hmoJr&

2. _¥Ë`w na Xo` am{e: ~r{_V ì`pŠV H$s n[anŠdVm H$s {ZYm©[aV {V{W go nyd© _¥Ë`w hmoZo na, ~eV] nm°{bgr nyU©V: à^mdr hmo,_¥Ë`w na {_bZo dmbr aH$_, {Ogo “_¥Ë`w na ~r_m am{e” VWm {Z{hV àË`mdVu ~moZg Am¡a A§{V_ A{V[aŠV ~moZg, AJa H$moB© hmo, Ho$ Hw$b Ho$ ê$n _| n[a^m{fV {H$`m J`m h¡, Xo` hmoJr& “_¥Ë`w na ~r_m am{e” H$mo dm{f©H$sH¥$V àr{_`_ Ho$ 10 JwZm `m nyU© ~r_m am{e `mZr _yb ~r_m am{e _| go Omo ^r A{YH$ hmo, Ho$ ê$n _| n[a^m{fV {H$`m J`m h¡, Xo` hmoJr&

_¥Ë`w na {_bZo dmbr `h aH$_ _¥Ë`w H$s {V{W VH$ AXm {H$E JE Hw$b àr{_`_m| Ho$ 105% go H$_ Zht hmoJr& Bg_| ~r_mboIZ g§~§Yr {ZU©`m| Ho$ H$maU, _¥Ë`w H$s {V{W VH$ AJa nm°{bgr na H$moB© A{V[aŠV am{e à^m[aV H$s JB© hmo VWm amBS>a àr{_`_, AJa hmo Vmo CÝh| em{_b Zht {H$`m J`m h¡&

3. {Z{hV hmoZo H$s {V{W (Ho$db V^r bmJy, AJa nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W H$mo ~r{_V ì`pŠV H$s C_« 18 df© go H$_ hmo): AJa nm°{bgr nyar Vah go à^mdr hmo VWm {Z{hV hmoZo H$s {V{W VH$ ~r{_V ì`pŠV Or{dV hmo Am¡a Bg {Z{hV hmoZo H$s {V{W go nhbo nm°{bgr H$s YZam{e hoVw nmÌ ì`pŠV go nm°{bgr H$mo Aä`n©U H$aZo Ho$ {bE {b{IV _| AZwamoY àmßV Zht hmoVm h¡ Vmo {Z{hV hmoZo H$s Bg {V{W H$mo AWm©V 18 df© H$s C_« nyar hmoZo go _ob ImZo dmbr nm°{bgr df©Jm§R> H$mo `m CgHo$ VwaÝV ~mX nm°{bgr ~r{_V ì`pŠV H$mo ñdV: {Z{hV hmo OmEJr Am¡a Bg àH$ma {Z{hV hmoZo H$mo {ZJ_ Am¡a ~r{_V ì`pŠV Ho$ ~rM H$ama _mZm OmEJm& ~r{_V ì`pŠV H$mo nm°{bgr H$m gånyU© _m{bH$ _mZm OmEJm VWm àñVmdH$ `m CgHo$ EñQ>oQ> H$m Cg_| H$moB© {hV `m A{YH$ma Zht hmoJm&

4. amBS>a {hVbm^: A. EbAmB©gr H$m XþK©Q>ZmË‘H$ ‘¥Ë¶w VWm {dH$bm§JVm {hVbm^ amBS>a

(UIN:512B209V01) (AJa MwZm J¶m hmo): Bg nm°{bgr Ho$ à`moOZ hoVw XþK©Q>Zm H$mo “~mø qhgH$ VWm Ñí` _mÜ`_m| go AMmZH$, AZno{jV Am¡a AZ¡pÀN>H$ ê$n go hmoZo dmbr KQ>Zm” Ho$ ê$n _| n[a^m{fV {H$`m J`m h¡&

AJa EbAmB©gr H$m XþK©Q>ZmË_H$ _¥Ë`w VWm {dH$bm§JVm {hVbm^ amBS>a A{V[aŠV àr{_`_ Ho$ ^wJVmZ na CnbãY h¡& nm°{bgr Ho$ A§VJ©V `h {hVbm^ Ad`ñH$m| Ho$ OrdZ na ~r{_V ì`pŠV H$s Ad`ñH$Vm Ho$ Xm¡amZ CnbãY Zht hmoJm&

CnamoŠV CëboI Ho$ AYrZ, à^mdr nm°{bgr Ho$ A§VJ©V, EbAmB©gr Ho$ XþK©Q>ZmË_H$ _¥Ë`w VWm {dH$bm§JVm {hVbm^ amBS>a H$mo nm°{bgr Ho$ A§VJ©V H$^r ^r MwZm Om gH$Vm h¡, ~eV] _yb nm°{bgr H$s àr{_`_ ^wJVmZ H$s H$_ go H$_ 5 df© H$s Ad{Y eof hmo& Ohm§ H$ht ^r nm°{bgr Ho$ A§VJ©V Bg amBS>a H$mo MwZm J`m h¡, Bg amBS>a Ho$ A§VJ©V g§a{jV {hVbm^ nyar nm°{bgr Ad{Y Ho$ Xm¡amZ `m Cg nm°{bgr df©Jm§R>> VH$ O~ ~r{_V ì`pŠV H$s C_« ZOXrH$s OÝ_{XZ na 70 df© H$s hmo, Omo ^r nhbo hmo, VH$ CnbãY hm|Jo, ~eV] XþK©Q>Zm H$s {V{W H$mo nm°{bgr nyar ~r_m am{e Ho$ {bE à^mdr hmo&

Bg nm°{bgr Ho$ A§VJ©V g^r àr{_`_m| H$m ^wJVmZ H$aZo Ho$ ~mX `m Cg nm°{bgr df©Jm§R> Ho$ ~mX O~ ~r{_V ì`pŠV H$s C_« ZμOXrH$s OÝ_{XZ na 70 df© H$s hmoVr h¡, Omo ^r nhbo hmo, Bg amBS>a Ho$ {bE A{V{aŠV àr{_`_ H$m ^wJVmZ H$aZo H$s Amdí`H$Vm Zht hmoJr& bo{H$Z, _yb nm°{bgr, {Oggo `h amBS>a g§b½Z h¡, Ho$ {bE àr{_`_ H$m ^wJVmZ 70 df© H$s C_« Ho$ ~mX ^r, àr{_`_ ^wJVmZ Ad{Y H$s g_mpßV VH$, Ohm§ H$ht ^r bmJy hmo, H$aZm hmoJm&

XþK©Q>Zm {hVbm^ g{hV g^r nm°{b{g`m| Ho$ A§VJ©V {Og_| ^maVr` OrdZ ~r_m {ZJ_ go Cgr ì`pŠV Ho$ OrdZ na {Og na {ZåZ{b{IV {hVbm^ bmJy hmo, ì`pŠVJV nm°{b{g`m| VWm g_yh nm°{b{g`m| Ho$ A§VJ©V A§V{Z©{hV XþK©Q>Zm {hVbm^ {H$gr ^r KQ>Zm Ho$ {bE `100 bmI H$s XþK©Q>Zm {hVbm^ ~r_m am{e go A{YH$ Zht hmoJm& AJa EH$ go A{YH$ nm°{b{g`m§ hm| VWm Hw$b XþK©Q>Zm {hVbm^ ~r_m am{e `100 bmI go A{YH$ hmo Vmo nm°{b{g`m| H$mo Omar H$aZo H$s {V{W Ho$ H«$_ go àW_ `100 bmI H$s XþK©Q>Zm {hVbm^ ~r_m am{e bmJy hmoJr&

AJa Bg nm°{bgr Ho$ nyar ~r_m am{e Ho$ {bE à^mdr ahZo Ho$ Xm¡amZ {H$gr g_` ~r{_V ì`pŠV {H$gr XþK©Q>Zm H$m [eH$ma hmoVm h¡ VWm CgHo$ O»_r hmoZo Ho$ 180 {XZm| Ho$ A§Xa, nyU©V: Bgr àË`j H$maU go Omo {H$ g^r Xygao H$maUm| go ñdV§Ì hmo, (A) `m Vmo ñWm`r Ed§ nyU© {dH$bm§JVm `m [eH$ma hmoVm h¡ `m (~) CgH$s _¥Ë`w hmo OmVr h¡, Omo {H$ {ZJ_ Ho$ {bE g§VmofOZH$ én go à_m{UV hmo, Vmo {ZJ_ {ZåZ{b{IV Ho$ {bE gh_V h¡:

(A). ~r{_V ì`pŠV H$s {dH$bm§JVm: (i) Bg nm°{bgr Ho$ A§VJ©V 10 dfm] H$s Ad{Y _| g_mZ _m{gH$ {H$ñVm| _| XþK©Q>Zm {hVbm^ ~r_m am{e Ho$ g_mZ A{V[aŠV am{e H$m ^wJVmZ H$aZm, AJa 10 df© H$s H${WV Ad{Y H$s g_mpßV go nhbo _¥Ë`w `m n[anŠdVm Ho$ H$maU nm°{bgr Ho$ A§VJ©V Xmdm CËnÝZ hmoVm h¡, Vmo {dH$bm§JVm {hVbm^ H$s {H$ñVm| H$m Omo {H$ Xo` Zht hþB© hmo, Xmdo Ho$ gmW ^wJVmZ {H$`m OmEJm VWm (ii) nm°{bgr Ho$ A§VJ©V ^{dî` _| {bE OmZo dmbo XþK©Q>Zm {hVbm^ ~r_m am{e H$s gr_m VH$ Ho$ àr{_`_m|, AJa H$moB© hm|, H$mo _m\$ H$a {X`m OmEJm (_yb nm°{bgr) {H$gr AÝ` amBS>a Ho$ {bE àr{_`_, AJa MwZm J`m hmo, H$m ^wJVmZ Omar aIZm n‹S>oJm&

àr{_`_ H$s _m\$s, Bg nm°{bgr Ho$ A§VJ©V g^r {dH$ënm| Ho$ VWm Bg Šbm°O Ho$ 4.A.(b) Ho$ Ûmam g§a{jV {hVbm^m| H$mo g_mßV H$a XoJr, {gdm` Eogo AmídmgZm| Ho$, AJa H$moB© hm|, Omo {H$ ~r{_V ì`pŠV H$s g^r _m¡OyXm nm°{b{g`m| Ho$ A§VJ©V Hw$b XþK©Q>Zm {hVbm^ ~r_m am{e Ho$ D$na hm|, {OÝh| àr{_`_m| Ho$ {ZaÝVa ^wJVmZ Ho$ Ûmam à^mdr aIm J`m hmo&

D$na g§X{^©V {dH$bm§JVm, Eogr {dH$bm§JVm hmoZr Mm{hE Omo {H$gr ‘XþK©Q>Zm’ H$m n[aUm_ hmo VWm nyU© d ñWm`r hmoZr Mm{hE& XþK©Q>ZmË_H$ MmoQ> Omo AÝ` g^r H$maUm| go ñdV§Ì VWm XþK©Q>Zm Ho$ hmoZo go 180 {XZm| Ho$ A§Xa Eogr {dH$bm§JVm H$m H$maU ~Zo, {Oggo ~r{_V ì`pŠV, X¡{ZH$ OrdZ (ZrMo n[a^m{fV) H$s {ZåZ{b{IV J{V{d{Y`m| _| go H$_ go H$_ 4 (Mma) H$mo {~Zm {H$gr ~mhar _XX/g_W©Z, {Og_| `m§{ÌH$ CnH$aU, {deof gmYZ `m AÝ` _XX ^r em{_b h¡, H$mo H$aZo go ñWm`r én go Ag_W© hmo, H$mo nyU© VWm ñWm`r {dH$bm§JVm _mZm OmEJm& {ZJ_ Ûmam A{YH¥$V {M{H$ËgH$ ×mam ~r{_V OrdZ H$s Om§M H$aHo$ CgH$m {dH$bm§JVm H$mo nyU© d ñWm`r Ho$ ê$n _| à_m{UV {H$`m OmEJm&

of Absolute amount assured to be paid on death i.e. Basic Sum Assured or 10 times of Annualized Premium.

This Death Benefi t shall not be less than 105% of the total Premiumspaid excluding extra amount if charged under the policy due to underwriting decisions and Rider Premium(s), if any, as on date ofdeath.

3. Date of Vesting (Applicable only if the age of the Life Assured is below 18 years on the date of commencement of policy): If the Life Assured is alive on the vesting date and if a request in writing forsurrendering the policy has not been received by Corporation before such vesting date from the person entitled to the policy moneys, this policy shall automatically vest in the Life Assured on such vesting date i.e. on the policy anniversary coinciding with or immediatelyfollowing the completion of 18 years of age and shall on such vesting be deemed to be a contract between the Corporation and the Life Assured. The Life Assured shall become the absolute owner of the policy and the proposer or his estate shall cease to have any right or interest therein.

4. Rider Benefits:A. LIC’s Accidental Death and Disability Benefit Rider (UIN: y (

512B209V01) (if opted):) ( p ) An ‘Accident’ for the purpose of this policy is defi ned as “An Accident is a sudden, unforeseenand involuntary event caused by external, violent and visible means.”

LIC’s Accidental Death and Disability Benefi t Rider is available onpayment of additional premium. This benefi t will not be availableunder the policy on the life of minors, during minority of the Life Assured. However, this Rider will be available from the policyanniversary following completion of age 18 years on receipt of specifi c request and payment of additional premium, if foundeligible as per the underwriting rules of the Corporation.

Subject to as stated above, under an inforce policy the AccidentalDeath and Disability Benefi t Rider can be opted for at any timewithin the Premium Paying Term of the Base Policy provided the outstanding Premium Paying Term of the Base Policy is atleast 5 years. Wherever this rider has been opted for under the policy, the benefi ts covered under this Rider will be available during the policy term or upto the policy anniversary on which the agenearer birthday of the Life Assured is 70 years, whichever is earlier, provided the Policy is in force for the full Sum Assured ason date of accident.

The additional premium for this Rider will not be required to bepaid after all premiums under this Policy have been paid or onand after the policy anniversary on which the age nearer birthdayof the Life Assured is 70 years, whichever is earlier. However, the premium under the Base Policy with which this rider is attachedshall continue to be paid beyond age 70 years till the end of Premium Paying Term, wherever applicable.

The maximum aggregate limit of assurance under all policiesincluding policies with in-built Accident Benefi t taken with Life Insurance Corporation of India under individual policies as well as group policies on the same life to which following benefi ts apply shall not in any event exceed Rs.100 lakhs of Accident Benefi t Sum Assured. If there be more policies than one and ifthe total Accident Benefi t Sum Assured exceeds Rs.100 lakhs,the benefi ts shall apply to the fi rst Rs. 100 lakhs Accident Benefi t Sum Assured in order of date of policies issued.

If the Life assured is involved in an accident at any time whenthis Policy is in force for the full Sum Assured, and such injury shall within 180 days of its occurrence solely, directly andindependently of all other causes result in (a) either permanentand total disability, as hereinafter defi ned or (b) death of theLife assured and the same is proved to the satisfaction of the Corporation, the Corporation agrees in case of:

(a). Disability to the Life Assured: (i) pay additional sum equal tothe Accident Benefi t Sum Assured in equal monthly instalments spread over 10 years under this Policy. If the policy becomesa claim by the way of death or maturity before the expiry of thesaid period of 10 years, the disability benefi t instalments whichhave not fallen due will be paid along with the claim and (ii) waivethe payment of future premiums chargeable, if any, under thepolicy (including the premium under Base Policy) to the extent ofAccident Benefi t Sum Assured. The premium for any other Rider, if opted for, shall continue to be paid.

The waiver of premium shall extinguish all options under thispolicy and the benefi ts covered by 4.A.(b) of this clause exceptas to such assurances, if any, as exceeds the total accident benefi t sum assured under all the existing policies of the lifeassured and which may have been kept in force by continued payment of premiums.

The disability above referred to must be disability which isthe result of an ‘Accident’ and must be total and permanent. Accidental injuries which independently of all other causes and within 180 days from the happening of such accident result in such disability due to which life assured is unable to perform at least 4 (four) of the following Activities of Daily Living (defi nedbelow) permanently without any external help/support includingthe use of mechanical equipment, special devices or other aids,then such disability shall be treated as Total and Permanent.Medical Examiner authorized by the Corporation shall examinethe life assured to certify the disability as Total and Permanent.

The Activities of Daily Living are: • Dressing - the ability to put on and take off all necessary

garments, artifi cial limbs or other surgical appliances that aremedically necessary

• Washing - the ability to wash to maintain an adequate level ofcleanliness and personal hygiene

ahZo na, ~eV] nm°{bgr nyU©V: à^mdr hmo, “n[anŠdVm na ~r_m am{e” {Z{hV gab àË`mdVu ~moZgm| VWm A§{V_ A{V[aŠV ~moZg, AJa H$moB© hmo, Ho$ gmW Xo` hmoJr& Ohm§ n[anŠdVm na ~r_m am{e _yb ~r_m am{e Ho$ g_mZ hmoJr&

2. _¥Ë`w na Xo` am{e: ~r{_V ì`pŠV H$s n[anŠdVm H$s {ZYm©[aV {V{W go nyd© _¥Ë`w hmoZo na, ~eV] nm°{bgr nyU©V: à^mdr hmo,_¥Ë`w na {_bZo dmbr aH$_, {Ogo “_¥Ë`w na ~r_m am{e” VWm {Z{hV àË`mdVu ~moZg Am¡a A§{V_ A{V[aŠV ~moZg, AJa H$moB© hmo, Ho$ Hw$b Ho$ ê$n _| n[a^m{fV {H$`m J`m h¡, Xo` hmoJr& “_¥Ë`w na ~r_m am{e” H$mo dm{f©H$sH¥$V àr{_`_ Ho$ 10 JwZm `m nyU© ~r_m am{e `mZr _yb ~r_m am{e _| go Omo ^r A{YH$ hmo, Ho$ ê$n _| n[a^m{fV {H$`m J`m h¡, Xo` hmoJr&

_¥Ë`w na {_bZo dmbr `h aH$_ _¥Ë`w H$s {V{W VH$ AXm {H$E JE Hw$b àr{_`_m| Ho$ 105% go H$_ Zht hmoJr& Bg_| ~r_mboIZ g§~§Yr {ZU©`m| Ho$ H$maU, _¥Ë`w H$s {V{W VH$ AJa nm°{bgr na H$moB© A{V[aŠV am{e à^m[aV H$s JB© hmo VWm amBS>a àr{_`_, AJa hmo Vmo CÝh| em{_b Zht {H$`m J`m h¡&

3. {Z{hV hmoZo H$s {V{W (Ho$db V^r bmJy, AJa nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W H$mo ~r{_V ì`pŠV H$s C_« 18 df© go H$_ hmo): AJa nm°{bgr nyar Vah go à^mdr hmo VWm {Z{hV hmoZo H$s {V{W VH$ ~r{_V ì`pŠV Or{dV hmo Am¡a Bg {Z{hV hmoZo H$s {V{W go nhbo nm°{bgr H$s YZam{e hoVw nmÌ ì`pŠV go nm°{bgr H$mo Aä`n©U H$aZo Ho$ {bE {b{IV _| AZwamoY àmßV Zht hmoVm h¡ Vmo {Z{hV hmoZo H$s Bg {V{W H$mo AWm©V 18 df© H$s C_« nyar hmoZo go _ob ImZo dmbr nm°{bgr df©Jm§R> H$mo `m CgHo$ VwaÝV ~mX nm°{bgr ~r{_V ì`pŠV H$mo ñdV: {Z{hV hmo OmEJr Am¡a Bg àH$ma {Z{hV hmoZo H$mo {ZJ_ Am¡a ~r{_V ì`pŠV Ho$ ~rM H$ama _mZm OmEJm&~r{_V ì`pŠV H$mo nm°{bgr H$m gånyU© _m{bH$ _mZm OmEJm VWm àñVmdH$ `m CgHo$ EñQ>oQ> H$m Cg_| H$moB© {hV `m A{YH$ma Zht hmoJm&

4. amBS>a {hVbm^:A. EbAmB©gr H$m XþK©Q>ZmË‘H$ ‘¥Ë¶w VWm {dH$bm§JVm {hVbm^ amBS>a E B þ ¥ w h B

(UIN:512B209V01) ( ) (AJa MwZm J¶m hmo):( w h ) Bg nm°{bgr Ho$ à`moOZ hoVw XþK©Q>Zm H$mo “~mø qhgH$ VWm Ñí` _mÜ`_m| go AMmZH$, AZno{jV Am¡a AZ¡pÀN>H$ ê$n

þ

go hmoZo dmbr KQ>Zm” Ho$ ê$n _| n[a^m{fV {H$`m J`m h¡& AJa EbAmB©gr H$m XþK©Q>ZmË_H$ _¥Ë`w VWm {dH$bm§JVm {hVbm^ amBS>a A{V[aŠV

àr{_`_ Ho$ ^wJVmZ na CnbãY h¡& nm°{bgr Ho$ A§VJ©V `h {hVbm^ Ad`ñH$m| þ

Ho$ OrdZ na ~r{_V ì`pŠV H$s Ad`ñH$Vm Ho$ Xm¡amZ CnbãY Zht hmoJm& CnamoŠV CëboI Ho$ AYrZ, à^mdr nm°{bgr Ho$ A§VJ©V, EbAmB©gr Ho$

XþK©Q>ZmË_H$ _¥Ë`w VWm {dH$bm§JVm {hVbm^ amBS>a H$mo nm°{bgr Ho$ A§VJ©V H$^r ^r MwZm Om gH$Vm h¡, ~eV] _yb nm°{bgr H$s àr{_`_ ^wJVmZ H$s þ

H$_ go H$_ 5 df© H$s Ad{Y eof hmo& Ohm§ H$ht ^r nm°{bgr Ho$ A§VJ©V Bg amBS>a H$mo MwZm J`m h¡, Bg amBS>a Ho$ A§VJ©V g§a{jV {hVbm^ nyar nm°{bgr Ad{Y Ho$ Xm¡amZ `m Cg nm°{bgr df©Jm§R>> VH$ O~ ~r{_V ì`pŠV H$s C_« ZOXrH$s OÝ_{XZ na 70 df© H$s hmo, Omo ^r nhbo hmo, VH$ CnbãY hm|Jo, ~eV] XþK©Q>Zm H$s {V{W H$mo nm°{bgr nyar ~r_m am{e Ho$ {bE à^mdr hmo&

Bg nm°{bgr Ho$ A§VJ©V g^r àr{_`_m| H$m ^wJVmZ H$aZo Ho$ ~mX `m Cg nm°{bgr df©Jm§R> Ho$ ~mX O~ ~r{_V ì`pŠV H$s C_« ZμOXrH$s OÝ_{XZ na 70 df© H$s hmoVr h¡, Omo ^r nhbo hmo, Bg amBS>a Ho$ {bE A{V{aŠV àr{_`_ H$m ^wJVmZ H$aZo H$s Amdí`H$Vm Zht hmoJr& bo{H$Z, _yb nm°{bgr, {Oggo `h amBS>a g§b½Z h¡, Ho$ {bE àr{_`_ H$m ^wJVmZ 70 df© H$s C_« Ho$ ~mX ^r, àr{_`_ ^wJVmZ Ad{Y H$s g_mpßV VH$, Ohm§ H$ht ^r bmJy hmo, H$aZm hmoJm&

XþK©Q>Zm {hVbm^ g{hV g^r nm°{b{g`m| Ho$ A§VJ©V {Og_| ^maVr` OrdZ ~r_m {ZJ_ go Cgr ì`pŠV Ho$ OrdZ na {Og na {ZåZ{b{IV {hVbm^ þ

bmJy hmo, ì`pŠVJV nm°{b{g`m| VWm g_yh nm°{b{g`m| Ho$ A§VJ©V A§V{Z©{hV XþK©Q>Zm {hVbm^ {H$gr ^r KQ>Zm Ho$ {bE `100 bmI H$s XþK©Q>Zm {hVbm^ ~r_m am{e go A{YH$ Zht hmoJm& AJa EH$ go A{YH$ nm°{b{g`m§ hm| VWm þ þþ

Hw$b XþK©Q>Zm {hVbm^ ~r_m am{e `100 bmI go A{YH$ hmo Vmo nm°{b{g`m| H$mo Omar H$aZo H$s {V{W Ho$ H«$_ go àW_

þþ`100 bmI H$s XþK©Q>Zm {hVbm^

~r_m am{e bmJy hmoJr& AJa Bg nm°{bgr Ho$ nyar ~r_m am{e Ho$ {bE à^mdr ahZo Ho$ Xm¡amZ {H$gr

g_` ~r{_V ì`pŠV {H$gr XþK©Q>Zm H$m [eH$ma hmoVm h¡ VWm CgHo$ O»_r hmoZo Ho$ 180 {XZm| Ho$ A§Xa, nyU©V: Bgr àË`j H$maU go Omo {H$ g^r

þþ

Xygao H$maUm| go ñdV§Ì hmo, (A) `m Vmo ñWm`r Ed§ nyU© {dH$bm§JVm `m [eH$ma hmoVm h¡ `m (~) CgH$s _¥Ë`w hmo OmVr h¡, Omo {H$ {ZJ_ Ho$ {bE g§VmofOZH$ én go à_m{UV hmo, Vmo {ZJ_ {ZåZ{b{IV Ho$ {bE gh_V h¡:

(A).~r{_V ì`pŠV H$s {dH$bm§JVm: (i) Bg nm°{bgr Ho$ A§VJ©V 10 dfm] H$s Ad{Y _| g_mZ _m{gH$ {H$ñVm| _| XþK©Q>Zm {hVbm^ ~r_m am{e Ho$ g_mZ A{V[aŠV am{e H$m ^wJVmZ H$aZm, AJa 10 df© H$s H${WV Ad{Y H$s g_mpßV go

þ

nhbo _¥Ë`w `m n[anŠdVm Ho$ H$maU nm°{bgr Ho$ A§VJ©V Xmdm CËnÝZ hmoVm h¡, Vmo {dH$bm§JVm {hVbm^ H$s {H$ñVm| H$m Omo {H$ Xo` Zht hþB© hmo, Xmdo Ho$ gmW ^wJVmZ {H$`m OmEJm VWm (ii) nm°{bgr Ho$ A§VJ©V ^{dî` _| {bE

þ

OmZo dmbo XþK©Q>Zm {hVbm^ ~r_m am{e H$s gr_m VH$ Ho$ àr{_`_m|, AJa H$moB© hm|, H$mo _m\$ H$a {X`m OmEJm (_yb nm°{bgr) {H$gr AÝ` amBS>a Ho$

þ

{bE àr{_`_, AJa MwZm J`m hmo, H$m ^wJVmZ Omar aIZm n‹S>oJm& àr{_`_ H$s _m\$s, Bg nm°{bgr Ho$ A§VJ©V g^r {dH$ënm| Ho$ VWm Bg

Šbm°O Ho$ 4.A.(b) Ho$ Ûmam g§a{jV {hVbm^m| H$mo g_mßV H$a XoJr, {gdm` Eogo AmídmgZm| Ho$, AJa H$moB© hm|, Omo {H$ ~r{_V ì`pŠV H$s g^r _m¡OyXm nm°{b{g`m| Ho$ A§VJ©V Hw$b XþK©Q>Zm {hVbm^ ~r_m am{e Ho$ D$na hm|, {OÝh| àr{_`_m| Ho$ {ZaÝVa ^wJVmZ Ho$ Ûmam à^mdr aIm J`m hmo&

þ

D$na g§X{^©V {dH$bm§JVm, Eogr {dH$bm§JVm hmoZr Mm{hE Omo {H$gr ‘XþK©Q>Zm’H$m n[aUm_ hmo VWm nyU© d ñWm`r hmoZr Mm{hE& XþK©Q>ZmË_H$ MmoQ> Omo

þþ

AÝ` g^r H$maUm| go ñdV§Ì VWm XþK©Q>Zm Ho$ hmoZo go 180 {XZm| Ho$ A§Xa þþ

Eogr {dH$bm§JVm H$m H$maU ~Zo, {Oggo ~r{_V ì`pŠV, X¡{ZH$ OrdZ (ZrMo þþ

n[a^m{fV) H$s {ZåZ{b{IV J{V{d{Y`m| _| go H$_ go H$_ 4 (Mma) H$mo {~Zm {H$gr ~mhar _XX/g_W©Z, {Og_| `m§{ÌH$ CnH$aU, {deof gmYZ `m AÝ` _XX ^r em{_b h¡, H$mo H$aZo go ñWm`r én go Ag_W© hmo, H$mo nyU© VWm ñWm`r {dH$bm§JVm _mZm OmEJm& {ZJ_ Ûmam A{YH¥$V {M{H$ËgH$ ×mam ~r{_V OrdZ H$s Om§M H$aHo$ CgH$m {dH$bm§JVm H$mo nyU© d ñWm`r Ho$ ê$n _| à_m{UV {H$`m OmEJm&

Annexure – IV

Guaranteed Surrender Value factors applicableto total premiums paid

Policy Term (Premium Paying Term)...>

16 (10) 21(15) 25 (16)

Pol

icy

Year

1 0.00% 0.00% 0.00%

2 0.00% 0.00% 0.00%

3 30.00% 30.00% 30.00%

4 50.00% 50.00% 50.00%

5 50.00% 50.00% 50.00%

6 50.00% 50.00% 50.00%

7 50.00% 50.00% 50.00%

8 53.75% 52.30% 51.80%

9 57.50% 54.60% 53.50%

10 61.25% 56.90% 55.30%

11 65.00% 59.20% 57.10%

12 68.75% 61.50% 58.80%

13 72.50% 63.80% 60.60%

14 76.25% 66.20% 62.40%

15 80.00% 68.50% 64.10%

16 80.00% 70.80% 65.90%

17 73.10% 67.60%

18 75.40% 69.40%

19 77.70% 71.20%

20 80.00% 72.90%

21 80.00% 74.70%

22 76.50%

23 78.20%

24 80.00%

25 80.00%

Annexure – V

Guaranteed Surrender Value factors applicableto vested bonuses

Policy Term (Premium Paying Term)...>

16 (10) 21(15) 25 (16)

Pol

icy

Year

1 0.00% 0.00% 0.00%

2 0.00% 0.00% 0.00%

3 17.58% 15.93% 15.28%

4 17.66% 16.22% 15.42%

5 17.85% 16.58% 15.55%

6 18.16% 17.03% 15.72%

7 18.60% 17.58% 15.93%

8 19.18% 17.58% 16.22%

9 19.93% 17.66% 16.58%

10 20.85% 17.85% 17.03%

11 21.99% 18.16% 17.58%

12 23.38% 18.60% 17.58%

13 25.05% 19.18% 17.66%

14 27.06% 19.93% 17.85%

15 30.00% 20.85% 18.16%

16 35.00% 21.99% 18.60%

17 23.38% 19.18%

18 25.05% 19.93%

19 27.06% 20.85%

20 30.00% 21.99%

21 35.00% 23.38%

22 25.05%

23 27.06%

24 30.00%

25 35.00%

n[a{eîQ> IV

Hw$b AXm {H$E JE àr{_`_m| na bmJy Jma§Q>rS> gaoÝS>a _yë` KQ>H$

nm°{bgr Ad{Y (àr{_`_ ^wJVmZ Ad{Y)...>

16 (10) 21(15) 25 (16)

nm°{b

gr d

f©

1 0.00% 0.00% 0.00%

2 0.00% 0.00% 0.00%

3 30.00% 30.00% 30.00%

4 50.00% 50.00% 50.00%

5 50.00% 50.00% 50.00%

6 50.00% 50.00% 50.00%

7 50.00% 50.00% 50.00%

8 53.75% 52.30% 51.80%

9 57.50% 54.60% 53.50%

10 61.25% 56.90% 55.30%

11 65.00% 59.20% 57.10%

12 68.75% 61.50% 58.80%

13 72.50% 63.80% 60.60%

14 76.25% 66.20% 62.40%

15 80.00% 68.50% 64.10%

16 80.00% 70.80% 65.90%

17 73.10% 67.60%

18 75.40% 69.40%

19 77.70% 71.20%

20 80.00% 72.90%

21 80.00% 74.70%

22 76.50%

23 78.20%

24 80.00%

25 80.00%

n[a{eîQ> V

{Z{hV ~moZgm| na bmJy Jma§Q>rS> gaoÝS>a _yë` KQ>H$

nm°{bgr Ad{Y (àr{_`_ ^wJVmZ Ad{Y)...>

16 (10) 21(15) 25 (16)

nm°{b

gr d

f©

1 0.00% 0.00% 0.00%

2 0.00% 0.00% 0.00%

3 17.58% 15.93% 15.28%

4 17.66% 16.22% 15.42%

5 17.85% 16.58% 15.55%

6 18.16% 17.03% 15.72%

7 18.60% 17.58% 15.93%

8 19.18% 17.58% 16.22%

9 19.93% 17.66% 16.58%

10 20.85% 17.85% 17.03%

11 21.99% 18.16% 17.58%

12 23.38% 18.60% 17.58%

13 25.05% 19.18% 17.66%

14 27.06% 19.93% 17.85%

15 30.00% 20.85% 18.16%

16 35.00% 21.99% 18.60%

17 23.38% 19.18%

18 25.05% 19.93%

19 27.06% 20.85%

20 30.00% 21.99%

21 35.00% 23.38%

22 25.05%

23 27.06%

24 30.00%

25 35.00%

Annexure – IV

Guaranteed Surrender Value factors applicableto total premiums paid

Policy Term (Premium Paying Term)...>

16 (10) 21(15) 25 (16)

Pol

icy

Year

1 0.00% 0.00% 0.00%

2 0.00% 0.00% 0.00%

3 30.00% 30.00% 30.00%

4 50.00% 50.00% 50.00%

5 50.00% 50.00% 50.00%

6 50.00% 50.00% 50.00%

7 50.00% 50.00% 50.00%

8 53.75% 52.30% 51.80%

9 57.50% 54.60% 53.50%

10 61.25% 56.90% 55.30%

11 65.00% 59.20% 57.10%

12 68.75% 61.50% 58.80%

13 72.50% 63.80% 60.60%

14 76.25% 66.20% 62.40%

15 80.00% 68.50% 64.10%

16 80.00% 70.80% 65.90%

17 73.10% 67.60%

18 75.40% 69.40%

19 77.70% 71.20%

20 80.00% 72.90%

21 80.00% 74.70%

22 76.50%

23 78.20%

24 80.00%

25 80.00%

Annexure – V

Guaranteed Surrender Value factors applicableto vested bonuses

Policy Term (Premium Paying Term)...>

16 (10) 21(15) 25 (16)

Pol

icy

Year

1 0.00% 0.00% 0.00%

2 0.00% 0.00% 0.00%

3 17.58% 15.93% 15.28%

4 17.66% 16.22% 15.42%

5 17.85% 16.58% 15.55%

6 18.16% 17.03% 15.72%

7 18.60% 17.58% 15.93%

8 19.18% 17.58% 16.22%

9 19.93% 17.66% 16.58%

10 20.85% 17.85% 17.03%

11 21.99% 18.16% 17.58%

12 23.38% 18.60% 17.58%

13 25.05% 19.18% 17.66%

14 27.06% 19.93% 17.85%

15 30.00% 20.85% 18.16%

16 35.00% 21.99% 18.60%

17 23.38% 19.18%

18 25.05% 19.93%

19 27.06% 20.85%

20 30.00% 21.99%

21 35.00% 23.38%

22 25.05%

23 27.06%

24 30.00%

25 35.00%

n[a{e{{ îQ> ee IV

Hw$b AXm {H$E JE àr{_`_m| na bmJy JmaQ>rS> gaoÝS>a _yë` KQ>H$

X E EX E

nm°{bgr Ad{Y (àr{_`_ ^wJVmZ Ad{Y)...>

16 (10) 21(15) 25 (16)

nm°{b

gr d

f©

1 0.00% 0.00% 0.00%

2 0.00% 0.00% 0.00%

3 30.00% 30.00% 30.00%

4 50.00% 50.00% 50.00%

5 50.00% 50.00% 50.00%

6 50.00% 50.00% 50.00%

7 50.00% 50.00% 50.00%

8 53.75% 52.30% 51.80%

9 57.50% 54.60% 53.50%

10 61.25% 56.90% 55.30%

11 65.00% 59.20% 57.10%

12 68.75% 61.50% 58.80%

13 72.50% 63.80% 60.60%

14 76.25% 66.20% 62.40%

15 80.00% 68.50% 64.10%

16 80.00% 70.80% 65.90%

17 73.10% 67.60%

18 75.40% 69.40%

19 77.70% 71.20%

20 80.00% 72.90%

21 80.00% 74.70%

22 76.50%

23 78.20%

24 80.00%

25 80.00%

n[a{eîQ> V

{Z{hV ~moZgm| na bmJy Jma§Q>rS> gaoÝS>a _yë` KQ>H$

nm°{bgr Ad{Y (àr{_`_ ^wJVmZ Ad{Y)...>

16 (10) 21(15) 25 (16)

nm°{b

gr d

f©

1 0.00% 0.00% 0.00%

2 0.00% 0.00% 0.00%

3 17.58% 15.93% 15.28%

4 17.66% 16.22% 15.42%

5 17.85% 16.58% 15.55%

6 18.16% 17.03% 15.72%

7 18.60% 17.58% 15.93%

8 19.18% 17.58% 16.22%

9 19.93% 17.66% 16.58%

10 20.85% 17.85% 17.03%

11 21.99% 18.16% 17.58%

12 23.38% 18.60% 17.58%

13 25.05% 19.18% 17.66%

14 27.06% 19.93% 17.85%

15 30.00% 20.85% 18.16%

16 35.00% 21.99% 18.60%

17 23.38% 19.18%

18 25.05% 19.93%

19 27.06% 20.85%

20 30.00% 21.99%

21 35.00% 23.38%

22 25.05%

23 27.06%

24 30.00%

25 35.00%

28177 Jeevan Labh Policy document_21-01.indd Spread 4 of 8 - Pages(4, 13)28177 Jeevan Labh Policy document_21-01.indd Spread 4 of 8 - Pages(4, 13) 15-02-2016 05:11:4315-02-2016 05:11:43

Page 5: EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m

Provided that where a nomination made whether before or after the commencement of the Insurance Laws (Amendment) Act, 2015, in favour of 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 under this section, the said section 6 shall be deemed not to apply or not to have applied to the policy.

Annexure III

Section- 45 as per Insurance Act, 1938, as amended by Insurance Laws (Amendment) Act, 2015

1. No policy of life insurance shall be called in question on any ground whatsoever after the expiry of three years from the date of the policy, i.e. from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later.

2. A policy of life insurance may be called in question at any time within three years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later on the ground of fraud:

Provided that the insurer shall have to communicate in writing to the insured or the legal representatives or nominees or assignees of the insured the grounds and materials on which such decision is based.

Explanation I.-For the purposes of this sub-section, the expression “fraud” means any of the following acts committed by the insured or by his agent, with the intent to deceive the insurer or to induce the insurer to issue a life insurance policy:-

a) the suggestion, as a fact of that which is not true and which the insured does not believe to be true;

b) the active concealment of a fact by the insured having knowledge or belief of the fact;

c) any other act fi tted to deceive; and

d) any such act or omission as the law specially declares to be fraudulent.

Explanation II- Mere silence as to facts likely to affect the assessment of the risk by the insurer is not fraud, unless the circumstances of the case are such that regard being had to them, it is the duty of the insured or his agent, keeping silence to speak, or unless his silence is, in itself, equivalent to speak.

3. Notwithstanding anything contained in subsection (2), no insurer shall repudiate a life insurance policy on the ground of fraud if the insured can prove that the misstatement of or suppression of a material fact was true to the best of his knowledge and belief or that there was no deliberate intention to suppress the fact or that such misstatement of or suppression of a material fact are within the knowledge of the insurer:

Provided that in case of fraud, the onus of disproving lies upon the benefi ciaries, in case the policyholder is not alive.

Explanation – A person who solicits and negotiates a contract of insurance shall be deemed for the purpose of the formation of the contract, to be the agent of the insurer.

4. A policy of life insurance may be called in question at any time within three years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later, on the ground that any statement of or suppression of a fact material to the expectancy of the life of the insured was incorrectly made in the proposal or other document on the basis of which the policy was issued or revived or rider issued:

Provided that the insurer shall have to communicate in writing to the insured or the legal representatives or nominees or assignees of the insured the grounds and materials on which such decision to repudiate the policy of life insurance is based:

Provided further that in case of repudiation of the policy on the ground of misstatement or suppression of a material fact, and not on the ground of fraud the premiums collected on the policy till the date of repudiation shall be paid to the insured or the legal representatives or nominees or assignees of the insured within a period of ninety days from the date of such repudiation.

Explanation. - For the purposes of this sub-section, the misstatement of or suppression of fact shall not be considered material unless it has a direct bearing on the risk undertaken by the insurer, the onus is on the insurer to show that had the insurer been aware of the said fact no life insurance policy would have been issued to the insured.

5. Nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the life insured was incorrectly stated in the proposal.

eV© `h h¡ {H$, Ohm§ ~r_m H$mZyZ (g§emoYZ) AÜ`mXoe, 2015 Ho$ Ama§^ hmoZo go nhbo ~r{_V ì`pŠV Ho$ nËZr `m CgH$s nËZr VWm ~ÀMm| `m CZ_| go {H$gr Ho$ nj _| A{^ì`ŠV 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 Ho$ A§VJ©V {H$`m J`m h¡, H${WV Ymam 6 nm°{bgr na bmJy Zht _mZr OmEJr `m bmJy Zht hmoJr&

n[a{eï> III~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m A{Y{Z`_, 1938 Ho$ AZwgma Ymam 45 :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$s {V{W `m Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W go `m nm°{bgr Ho$ nwZ©MbZ H$s {V{W go `m nm°{bgr na amBS>a H$s {V{W go VrZ dfm] H$s g_mpßV na, Omo ^r ~mX _| hmo, {H$gr ^r AmYma na àíZ Ho$ {bE ~wbm`m Zht Om gH$Vm h¡&

2. OrdZ ~r_m H$s {H$gr nm°{bgr H$mo, nm°{bgr Ho$ Omar hmoZo H$s {V{W `m Omo{I_ Ama§^ hmoZo H$s {V{W `m nm°{bgr Ho$ nwZ©MbZ H$s {V{W go `m nm°{bgr Ho$ amBS>a H$s {V{W go VrZ dfm] Ho$ A§Xa {H$gr ^r g_`, Omo ^r ~mX H$s {VWr hmo, YmoImY‹S>r Ho$ AmYma na àíZ Ho$ {bE ~wbm`m Om gH$Vm h¡&

~eV} ~r_mH$Vm© Ûmam ~r_mYmaH$ H$mo `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Zm{_Vm| `m Aä`{n©Vm| H$mo {b{IV _| CZ AmYmam| VWm VÏ`m| Ho$ ~mao _| gy{MV H$aZm hmoJm, {OZHo$ AmYma na `h \¡$gbm {b`m J`m h¡&

ñnï>rH$aU I: Bg Cn-Ymam Ho$ à`moOZ hoVw, “YmoIoY‹S>r” H$m AW© h¡ ~r_mYmaH$ `m CgHo$ EOoÝQ> Ûmam ~r_mH$Vm© H$mo YmoIm XoZo `m ~r_mH$Vm© H$mo OrdZ ~r_m nm°{bgr Omar H$aZo Ho$ {bE à^m{dV H$aZo Ho$ BamXo go {H$`m J`m {ZåZ{b{IV _| go H$moB© H$m`©:

A. gwPmd, {OgH$m VÏ` ghr Zht h¡ VWm {OgH$s g˶Vm na ~r_mYmaH$ H$mo {dídmg Zht h¡;

~. ~r_mYmaH$ Ûmam {H$gr VÏ` H$mo {N>nmZm, Omo CgH$s OmZH$mar _| Wm `m CgH$s dmñV{dH$Vm na Cgo {dídmg Wm;

g. YmoIoY‹S>r Ho$ BamXo go CR>m`m J`m H$moB© AÝ` H$X_; VWm

X. H$moB© AÝ` Eogm H$X_ `m ^yb-MyH$ {Ogo H$mZyZ {deof ê$n go YmoImY‹S>r _mZVm hmo&

ñnï>rH$aU II: ~r_mH$Vm© Ûmam Omo{I_ Ho$ Am§H$bZ H$mo à^m{dV H$aZo dmbo VÏ`m| Ho$ ~mao _| {gμ\©$ Mwn ahZm YmoImY‹S>r Zht h¡, O~ VH$ {H$ _m_bo H$s n[apñW{V`m§ Eogr hm|, {H$ ~r_mYmaH$ `m CgHo$ EOoÝQ> H$m `h H$V©ì` hmo {H$ ~mobZo go Mwn ahZm `m AÝ`Wm CgH$s Im_moer AnZo Amn _| ~mobZo Ho$ Vwë¶ hmo&

3. CnYmam (2) _| Hw$N> ^r {Z{hV hmoZo Ho$ ~mdOyX, H$moB© ^r ~r_mH$Vm© {H$gr OrdZ ~r_m nm°{bgr H$mo YmoIoY‹S>r Ho$ AmYma na AñdrH¥$V Zht H$a gH$Vm h¡, AJa ~r_mYmaH$/bm^mWu `h à_m{UV H$a gHo$ {H$ CgHo$ Ûmam H$s JB© JbV~`mZr CgH$s A{YH$V_ OmZH$mar Ho$ AZwgma ghr Wr Am¡a CgZo OmZ~yPH$a VÏ`m| H$mo {N>nmZo H$s H$mo{ee Zht H$s `m H${WV JbV~`mZr `m _hÎdnyU© VÏ` H$mo {N>nm`m OmZm ~r_mH$Vm© H$s OmZH$mar _| Wm&

YmoIoY‹S>r Ho$ _m_bo _| Bgo JbV gm{~V H$aZo H$m Xm{`Ëd bm^m{W©`m| na h¡ AJa nm°{bgrYmaH$ Or{dV Zht h¡&

ñnï>rH$aU - H$moB© ì`pŠV Omo ~r_m H$s g§{dXm H$m AmJ«h Am¡a CgH$s gm¡Xo~mOr H$aVm h¡ Cgo g§{dXm Ho$ à`moOZ Ho$ {bE ~r_mH$Vm© H$m EOoÝQ> _mZm OmEJm&

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§^ hmoZo H$s {V{W go `m nm°{bgr Ho$ nwZ©MbZ H$s {V{W go `m nm°{bgr Ho$ amBS>a H$s {V{W go VrZ dfm] Ho$ A§Xa, Omo ^r ~mX _| hmo, {H$gr ^r g_`, Bg AmYma na àíZ Ho$ {bE ~wbm`m Om gH$Vm h¡ {H$ ~r{_V ì`pŠV Ho$ OrdZH$mb go g§~§{YV {H$gr VÏ` H$mo àñVmd ànÌ _| `m {H$gr AÝ` H$mJOmV _|, {OgHo$ AmYma na nm°{bgr Omar H$s JB© Wr `m nwZ©MbZ H$s JB© Wr `m amBS>a Omar {H$`m J`m Wm, {N>nm`m J`m Wm `m JbV {XIm`m J`m Wm&

eV© `h h¡ {H$ ~r_mH$Vm© Ûmam ~r_mYmaH$ H$mo `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Zm_m§{H$V ì`pŠV`m| `m Aä`{n©Vm| H$mo {b{IV _| CZ AmYmam| VWm VÏ`m| Ho$ ~mao _| gy{MV H$aZm hmoJm, {OZHo$ AmYma na OrdZ ~r_m H$mo nm°{bgr H$mo AñdrH¥$V H$aZo H$m `h \¡$gbm {b`m J`m h¡&

AmJo eV© `h h¡ {H$ _hÎdnyU© VÏ` H$s JbV~`mZr `m {N>nmE OmZo Ho$ AmYma na nm°{bgr H$mo AñdrH¥$V {H$E OmZo VWm YmoIoY‹S>r H$s pñW{V Z hmoZo na, AñdrH¥${V H$s {V{W VH$ nm°{bgr na O_m {H$E JE g^r àr{_`_m| H$m ^wJVmZ ~r_mYmaH$ `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Zm{_Vm| `m Aä`{n©Vm| H$mo Eogr AñdrH¥${V H$s {V{W go Zã~o {XZm| Ho$ A§Xa H$a {X`m OmEJm&

ñnï>rH$aU - Bg Cn-Ymam Ho$ à`moOZ hoVw, {H$gr VÏ` H$s JbV~`mZr `m {N>nmE OmZo H$mo V~ VH$ _hÎdnyU© Zht _mZm OmEJm, O~ VH$ {H$ CgH$m ~r_mH$Vm© Ûmam ñdrH$ma {H$E 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$m hmoJm {H$ AJa ~r_mH$Vm© H$mo ñWm{nV VÏ` H$s OmZH$mar hmoVr Vmo dh ~r_mYmaH$ H$mo `h OrdZ ~r_m nm°{bgr Omar Zht H$aVm&

5. Bg Ymam _| {Z{hV Hw$N> ^r ~r_mH$Vm© H$mo {H$gr ^r g_` C_« H$m à_mU _m§JZo go Zht amoH$Vr h¡, AJa dh BgHo$ {bE A{YH¥$V h¡ VWm {H$gr nm°{bgr H$s {gμ\©$ Bg{bE àíZ Ho$ {bE ~wbm`m Zht Om gH$Vm h¡ Š`mo§{H$ àñVmd _| JbV CëboI H$s JB© ~r{_V ì`pŠV H$s C_« H$mo g~yV Ho$ AmYma na ~mX _| g_m`mo{OV {H$`m J`m Wm&

Provided that where a nomination made whether before or after thecommencement of the Insurance Laws (Amendment) Act, 2015, in favour of 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 faceof the policy, as being made under this section, the said section 6shall be deemed not to apply or not to have applied to the policy.

Annexure III

Section- 45 as per Insurance Act, 1938, as amended by InsuranceLaws (Amendment) Act, 2015

1. No policy of life insurance shall be called in question on anyground whatsoever after the expiry of three years from the date of the policy, i.e. from the date of issuance of the policy or the date ofcommencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later.

2. A policy of life insurance may be called in question at any time withinthree years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later on the ground of fraud:

Provided that the insurer shall have to communicate in writing to theinsured or the legal representatives or nominees or assignees of the insured the grounds and materials on which such decision is based.

Explanation I.-For the purposes of this sub-section, the expression“fraud” means any of the following acts committed by the insured or by his agent, with the intent to deceive the insurer or to induce the insurer to issue a life insurance policy:-

a) the suggestion, as a fact of that which is not true and which theinsured does not believe to be true;

b) the active concealment of a fact by the insured having knowledgeor belief of the fact;

c) any other act fi tted to deceive; and

d) any such act or omission as the law specially declares to befraudulent.

Explanation II- Mere silence as to facts likely to affect the assessmentof the risk by the insurer is not fraud, unless the circumstances of the case are such that regard being had to them, it is the duty of the insured or his agent, keeping silence to speak, or unless his silence is, in itself, equivalent to speak.

3. Notwithstanding anything contained in subsection (2), no insurer shall repudiate a life insurance policy on the ground of fraud ifthe insured can prove that the misstatement of or suppression of a material fact was true to the best of his knowledge and belief orthat there was no deliberate intention to suppress the fact or thatsuch misstatement of or suppression of a material fact are within theknowledge of the insurer:

Provided that in case of fraud, the onus of disproving lies upon thebenefi ciaries, in case the policyholder is not alive.

Explanation – A person who solicits and negotiates a contract ofinsurance shall be deemed for the purpose of the formation of the contract, to be the agent of the insurer.

4. A policy of life insurance may be called in question at any time withinthree years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later, on the ground that anystatement of or suppression of a fact material to the expectancy ofthe life of the insured was incorrectly made in the proposal or otherdocument on the basis of which the policy was issued or revived or rider issued:

Provided that the insurer shall have to communicate in writing tothe insured or the legal representatives or nominees or assignees of the insured the grounds and materials on which such decision to repudiate the policy of life insurance is based:

Provided further that in case of repudiation of the policy on theground of misstatement or suppression of a material fact, and not onthe ground of fraud the premiums collected on the policy till the date of repudiation shall be paid to the insured or the legal representativesor nominees or assignees of the insured within a period of ninety days from the date of such repudiation.

Explanation. - For the purposes of this sub-section, the misstatementof or suppression of fact shall not be considered material unless ithas a direct bearing on the risk undertaken by the insurer, the onusis on the insurer to show that had the insurer been aware of the saidfact no life insurance policy would have been issued to the insured.

5. Nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the lifeinsured was incorrectly stated in the proposal.

eV© `h h¡ {H$, Ohm§ ~r_m H$mZyZ (g§emoYZ) AÜ`mXoe, 2015 Ho$ Ama§^ hmoZo go nhbo ~r{_V ì`pŠV Ho$ nËZr `m CgH$s nËZr VWm ~ÀMm| `m CZ_| go {H$gr Ho$ nj _| A{^ì`ŠV 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 Ho$ A§VJ©V {H$`m J`m h¡, H${WV Ymam 6 nm°{bgr na bmJy Zht _mZr OmEJr `m bmJy Zht hmoJr&

n[a{eï> III~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m A{Y{Z`_, 1938Ho$ AZwgma Ymam 45 :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$s {V{W `m Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W go `m nm°{bgr Ho$ nwZ©MbZ H$s {V{W go `m nm°{bgr na amBS>a H$s {V{W go VrZ dfm] H$s g_mpßV na, Omo ^r ~mX _| hmo, {H$gr ^r AmYma na àíZ Ho$ {bE ~wbm`m Zht Om gH$Vm h¡&

2. OrdZ ~r_m H$s {H$gr nm°{bgr H$mo, nm°{bgr Ho$ Omar hmoZo H$s {V{W `m Omo{I_ Ama§^ hmoZo H$s {V{W `m nm°{bgr Ho$ nwZ©MbZ H$s {V{W go `m nm°{bgr Ho$ amBS>a H$s {V{W go VrZ dfm] Ho$ A§Xa {H$gr ^r g_`, Omo ^r ~mX H$s {VWr hmo, YmoImY‹S>r Ho$ AmYma na àíZ Ho$ {bE ~wbm`m Om gH$Vm h¡&

~eV} ~r_mH$Vm© Ûmam ~r_mYmaH$ H$mo `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Zm{_Vm| `m Aä`{n©Vm| H$mo {b{IV _| CZ AmYmam| VWm VÏ`m| Ho$ ~mao _| gy{MV H$aZm hmoJm,{OZHo$ AmYma na `h \¡$gbm {b`m J`m h¡&

ñnï>rH$aU I: Bg Cn-Ymam Ho$ à`moOZ hoVw, “YmoIoY‹S>r” H$m AW© h¡ ~r_mYmaH$ `m CgHo$ EOoÝQ> Ûmam ~r_mH$Vm© H$mo YmoIm XoZo `m ~r_mH$Vm© H$mo OrdZ ~r_m nm°{bgr Omar H$aZo Ho$ {bE à^m{dV H$aZo Ho$ BamXo go {H$`m J`m {ZåZ{b{IV _| go H$moB© H$m`©:

A. gwPmd, {OgH$m VÏ` ghr Zht h¡ VWm {OgH$s g˶Vm na ~r_mYmaH$ H$mo {dídmg Zht h¡;

~. ~r_mYmaH$ Ûmam {H$gr VÏ` H$mo {N>nmZm, Omo CgH$s OmZH$mar _| Wm `m CgH$s dmñV{dH$Vm na Cgo {dídmg Wm;

g. YmoIoY‹S>r Ho$ BamXo go CR>m`m J`m H$moB© AÝ` H$X_; VWm

X. H$moB© AÝ` Eogm H$X_ `m ^yb-MyH$ {Ogo H$mZyZ {deof ê$n go YmoImY‹S>r _mZVm hmo&

ñnï>rH$aU II: ~r_mH$Vm© Ûmam Omo{I_ Ho$ Am§H$bZ H$mo à^m{dV H$aZo dmbo VÏ`m| Ho$ ~mao _| {gμ\©$ Mwn ahZm YmoImY‹S>r Zht h¡, O~ VH$ {H$ _m_bo H$s n[apñW{V`m§ Eogr hm|, {H$ ~r_mYmaH$ `m CgHo$ EOoÝQ> H$m `h H$V©ì` hmo {H$ ~mobZo go Mwn ahZm `m AÝ`Wm CgH$s Im_moer AnZo Amn _| ~mobZo Ho$ Vwë¶ hmo&

3. CnYmam (2) _| Hw$N> ^r {Z{hV hmoZo Ho$ ~mdOyX, H$moB© ^r ~r_mH$Vm© {H$gr OrdZ ~r_m nm°{bgr H$mo YmoIoY‹S>r Ho$ AmYma na AñdrH¥$V Zht H$a gH$Vm h¡, AJa ~r_mYmaH$/bm^mWu `h à_m{UV H$a gHo$ {H$ CgHo$ Ûmam H$s JB© JbV~`mZr CgH$s A{YH$V_ OmZH$mar Ho$ AZwgma ghr Wr Am¡a CgZo OmZ~yPH$a VÏ`m| H$mo {N>nmZo H$s H$mo{ee Zht H$s `m H${WV JbV~`mZr `m _hÎdnyU© VÏ` H$mo {N>nm`m OmZm ~r_mH$Vm© H$s OmZH$mar _| Wm&

YmoIoY‹S>r Ho$ _m_bo _| Bgo JbV gm{~V H$aZo H$m Xm{`Ëd bm^m{W©`m| na h¡ AJa nm°{bgrYmaH$ Or{dV Zht h¡&

ñnï>rH$aU - H$moB© ì`pŠV Omo ~r_m H$s g§{dXm H$m AmJ«h Am¡a CgH$s gm¡Xo~mOr H$aVm h¡ Cgo g§{dXm Ho$ à`moOZ Ho$ {bE ~r_mH$Vm© H$m EOoÝQ> _mZm OmEJm&

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§^ hmoZo H$s {V{W go `m nm°{bgr Ho$ nwZ©MbZ H$s {V{W go `m nm°{bgr Ho$ amBS>a H$s {V{W go VrZ dfm] Ho$ A§Xa, Omo ^r ~mX _| hmo, {H$gr ^r g_`, Bg AmYma na àíZ Ho$ {bE ~wbm`m Om gH$Vm h¡ {H$ ~r{_V ì`pŠV Ho$ OrdZH$mb go g§~§{YV {H$gr VÏ` H$mo àñVmd ànÌ _| `m {H$gr AÝ` H$mJOmV _|, {OgHo$ AmYma na nm°{bgr Omar H$s JB© Wr `m nwZ©MbZ H$s JB© Wr `m amBS>a Omar {H$`m J`m Wm, {N>nm`m J`m Wm `m JbV {XIm`m J`m Wm&

eV© `h h¡ {H$ ~r_mH$Vm© Ûmam ~r_mYmaH$ H$mo `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Zm_m§{H$V ì`pŠV`m| `m Aä`{n©Vm| H$mo {b{IV _| CZ AmYmam| VWm VÏ`m| Ho$ ~mao _| gy{MV H$aZm hmoJm, {OZHo$ AmYma na OrdZ ~r_m H$mo nm°{bgr H$mo AñdrH¥$V H$aZo H$m `h \¡$gbm {b`m J`m h¡&

AmJo eV© `h h¡ {H$ _hÎdnyU© VÏ` H$s JbV~`mZr `m {N>nmE OmZo Ho$ AmYma na nm°{bgr H$mo AñdrH¥$V {H$E OmZo VWm YmoIoY‹S>r H$s pñW{V Z hmoZo na, AñdrH¥${V H$s {V{W VH$ nm°{bgr na O_m {H$E JE g^r àr{_`_m| H$m ^wJVmZ ~r_mYmaH$ `m ~r_mYmaH$ Ho$ H$mZyZr à{V{Z{Y `m Zm{_Vm| `m Aä`{n©Vm| H$mo Eogr AñdrH¥${V H$s {V{W go Zã~o {XZm| Ho$ A§Xa H$a {X`m OmEJm&

ñnï>rH$aU - Bg Cn-Ymam Ho$ à`moOZ hoVw, {H$gr VÏ` H$s JbV~`mZr `m {N>nmE OmZo H$mo V~ VH$ _hÎdnyU© Zht _mZm OmEJm, O~ VH$ {H$ CgH$m ~r_mH$Vm© Ûmam ñdrH$ma {H$E 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$m hmoJm {H$ AJa ~r_mH$Vm© H$mo ñWm{nV VÏ` H$s OmZH$mar hmoVr Vmo dh ~r_mYmaH$ H$mo `h OrdZ ~r_m nm°{bgr Omar Zht H$aVm&

5. Bg Ymam _| {Z{hV Hw$N> ^r ~r_mH$Vm© H$mo {H$gr ^r g_` C_« H$m à_mU _m§JZo go Zht amoH$Vr h¡, AJa dh BgHo$ {bE A{YH¥$V h¡ VWm {H$gr nm°{bgr H$s {gμ\©$ Bg{bE àíZ Ho$ {bE ~wbm`m Zht Om gH$Vm h¡ Š`mo§{H$ àñVmd _| JbV CëboI H$s JB© ~r{_V ì`pŠV H$s C_« H$mo g~yV Ho$ AmYma na ~mX _| g_m`mo{OV {H$`m J`m Wm&

• Feeding - the ability to transfer food from a plate or bowl to the mouth once food has been prepared and made available

• Toileting - the ability to use the lavatory or otherwise manage bowel and bladder functions so as to maintain a satisfactory level of personal hygiene

• Mobility - the ability to move indoors from room to room on level surfaces at the normal place of residence

• Transferring - the ability to move from a bed to an upright chair or wheel chair and vice versa

Notwithstanding what is mentioned above, Accidental injuries which 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 amputation of both hands at or above the wrists or in the amputation of both feet at or above ankles, or in the amputation of one hand at or above the wrist and one foot at or above the ankle, shall also be deemed to constitute such disability.

After the happening of the disability, full particulars thereof must be given in writing to the offi ce of the Corporation where this Policy is serviced together with the then address and whereabouts of the Life Assured and within 90 days of the happening of the disability, must be given to the servicing Offi ce of the Corporation, in the manner required by it, proof of disability satisfactory to the Corporation and without any expense to the Corporation. Medical Examiner authorized by the Corporation shall examine the Life Assured and certify in respect of any disability claimed after the intimation. Further, medical examination may be done to validate the continuity of disability on case to case basis, if required.

In the event of it being discovered at any time that a claim under this clause has been wrongly admitted, all premiums falling due after the date of the Corporation’s intimation to that effect shall be paid on due dates and further all premiums for which waiver was wrongly claimed and all instalments of additional sum assured which have been paid to the life assured shall be returned to the Corporation in one lump sum with interest, at such rate as fi xed by the Corporation from time to time as if no disability had occurred, failing which

(i) the benefi ts available under the policy shall stand reduced as if the policy has been discontinued as on the date from which premiums have been waived or on the payment of the fi rst instalment of the additional sum assured, whichever is earlier and

(ii) the instalments of additional sum assured already paid shall be treated as a debt against the said policy and shall be deducted with interest at such rate as fi xed by the Corporation from time to time from the proceeds of the policy.

No further instalment/s of additional Accident Benefi t Sum Assured shall be payable considering as if no disability had occurred.

(b).Death of the Life Assured: In addition to Death Benefi t under the Base Policy, an additional sum equal to the Accident Benefi t Sum Assured shall be payable under this policy. However, the policy shall have to be in force at the time of accident irrespective of whether or not it is in force at the time of death.

The Corporation shall not be liable to pay the additional sum referred in (a) or (b) above, if the disability or the death of the Life Assured shall:

(i) be caused by intentional self injury, attempted suicide, insanity or immorality or whilst the Life Assured is under the infl uence or consumption of intoxicating liquor, narcotic or drug (unless prescribed by doctor as a part of treatment); or

(ii) be caused by injuries resulting from taking any part in riots, civil commotion, rebellion, war (whether war be declared or not), invasion, hunting, mountaineering, steeple chasing, racing of any kind, paragliding or parachuting, taking part in adventurous sports; or

(iii) result from the Life Assured committing any criminal act with criminal intent; or

(iv) (a) arise from employment of the Life Assured in the armed forces or military service. This exclusion is not applicable if the Life Assured was involved in an accident when he is not on duty or was involved in any rescue operations while combating natural calamities in our country; or

(b) arise from being engaged in police duty (which excludes administrative assignments) in any police organization other than paramilitary forces. This exclusion is not applicable where the option to cover Accidental Death and Disability Benefi t arising on accident while engaged in police duty, has been chosen; or

(v) occur after 180 days from the date of accident of the Life Assured.

Benefits payable on surrender of Base Policy: This rider shall not acquire any Paid-up Value and no surrender value will be available under this rider. However, if this rider has been opted for and on surrender of the Base Policy to which this rider is attached, provided all the due premiums in respect of this rider and Base Policy have been paid and the Base Policy has acquired surrender value, additional rider premium charged in respect of cover after premium paying term shall be refunded as follows:

In case of Surrender during Premium Paying Term: 80% * (annualised rider premium per Rs. 1000 Accident Benefi t Sum Assured – 1) * (Accident Benefi t Sum Assured/1000) * (Number of years for which premiums in respect of this rider have been paid)

In case of Surrender after Premium Paying Term: 80% * (annualised rider premium per Rs. 1000 Accident Benefi t Sum Assured – 1) *

X¡{ZH$ OrdZ H$s J{V{d{Y`m§ `o h¢: • àgmYZ - g^r Amdí`H$ dñÌ, H¥${Ì_ A§J `m AÝ` g{O©H$b CnH$aUm|

H$mo, Omo {H$ {M{H$Ëgr` Ñ{ï> go Oê$ar hmo, nhZZo Am¡a CVmaZo H$s j_Vm • YwbmB© - AnZr ñdÀN>Vm VWm Amamo½` H$mo C{MV én go ~ZmE aIZo

Ho$ {bE ZhmZo-YmoZo H$s `mo½`Vm • ^moOZ H$aZm - ^moOZ CnbãY hmoZo na Cgo Wmbr `m H$Q>moar go boH$a

_w§h _| S>mbZo H$s `mo½`Vm • em¡M {H«$`m - em¡Mmb` H$m BñVo_mb H$aZo H$s `mo½`Vm `m AÝ` VarHo$

go _b-_yÌ Ë`mJ H$aZo H$s j_Vm Vm{H$ {ZOr ñdÀN>Vm H$m g§VmofOZH$ ñVa ~Zm aho

• J{VerbVm - Ka _| g_Vb ñWmZ na EH$ H$_ao go Xÿgao H$_ao VH$ OmZo H$s `mo½`Vm

• ñWmZmÝVaU - {~ñVa go CR>H$a Hw$gu `m ìhrb Mo`a na ~¡R>Zo VWm BgH$s {dnarV J{V{d{Y H$s j_Vm

CnamoŠV ~mVm| Ho$ ~m~OyX, XþK©Q>Zm Ho$ H$maU bJr MmoQ> go AJa AÝ` g^r H$maUm| go ñdV§Ì VWm Eogr XþK©Q>Zm Ho$ hmoZo go 180 {XZm| Ho$ A§Xa, XmoZm| Am§Im| H$s gånyU© Ñ{ï> H$s Ag§emoܶ hm{Z `m XmoZm| hmWm| H$m H$bmB© `m BgHo$ D$na go {dÀN>oXZ `m XmoZm| n¡am| H$m Q>IZm| `m BgHo$ D$na go VWm EH$ n¡a H$m Q>IZo `m BgHo$ D$na go {dÀN>oXZ hmo Vmo Cgo ^r Eogr {dH$bm§JVm _mZm OmEJm &

{dH$bm§JVm Ho$ K{Q>V hmoZo Ho$ ~mX, BgHo$ 90 {XZm| Ho$ A§Xa {ZJ_ Ho$ Bg nm°{bgr H$mo godm àXmZ H$aZo dmbo H$m`m©b` _| {b{IV én go ~r{_V ì`pŠV Ho$ nVo VWm _m¡OyXJr Ho$ ñWmZ H$m {ddaU Cn`wŠV VarHo$ go {dH$bm§JVm Ho$ à_mU Ho$ gmW Omo {H$ {ZJ_ Ho$ {bE g§VmofOZH$ hmo, {ZJ_ Ho$ IM} Ho$ {~Zm XoZr hmoJr& gyMZm {_bZo na {ZJ_ Ûmam A{YH¥$V {M{H$ËgH$ Ho$ Ûmam ~r{_V ì`pŠV H$s Om§M H$s OmEJr VWm {dH$bm§JVm Ho$ Xmdo H$mo à_m{UV {H$`m OmEJm& BgHo$ Abmdm, AJa Amdí`H$ hmo Vmo _m_bo Ho$ AZwgma {dH$bm§JVm H$s {ZaÝVaVm H$mo à_m{UV H$aZo Ho$ {bE {M{H$Ëgr` Om§M H$s Om gH$Vr h¡&

AJa {H$gr ^r g_` na kmV hmoVm h¡ {H$ Bg Šbm°O Ho$ A§VJ©V Xmdo H$mo JbV VarHo$ Ho$ ñdrH$ma {H$`m J`m h¡, Vmo Bg ~mao _| {ZJ_ H$mo gy{MV {H$E OmZo H$s {V{W Ho$ ~mX Xo` g^r àr{_`_m| H$m Xo` {V{W`m| H$mo ^wJVmZ H$aZm hmoJm Am¡a g^r àr{_`_m|, {OZHo$ {bE _m\$s H$m JbV VarHo$ go BñVo_mb {H$`m J`m Wm VWm A{V[aŠV ~r_m am{e H$s g^r {H$ñV|, {OZH$m ^wJVmZ ~r{_V ì`pŠV H$mo {H$`m J`m Wm, {ZJ_ H$mo EH$_wíV aH$_ Ho$ én _| g_`-g_` na {ZJ_ Ûmam {ZYm©[aV Xa na {ZJ_ H$mo bm¡Q>mZr hmoJr& O¡go {H$ H$moB© {dH$bm§JVm hþB© hr Z hmo, {Og_| Ag\$b hmoZo na

(i) nm°{bgr Ho$ A§VJ©V CnbãY {hVbm^m| H$mo Bg àH$ma KQ>m {X`m OmEJm, O¡go {H$ àr{_`_m| H$s _m\$s H$s {V{W H$mo nm°{bgr H$mo ñW{JV {H$`m J`m hmo `m A{V[aŠV ~r_mam{e H$s nhbr {H$ñV Ho$ ^wJVmZ H$s {V{W H$mo, Omo ^r nhbo hmo VWm

(ii) A{V[aŠV ~r_m am{e H$s AXm H$s Om MwH$s {H$ñVm| H$mo CŠV nm°{bgr na F$U _mZm OmEJm VWm nm°{bgr H$s YZam{e go g_`-g_` na {ZJ_ Ûmam {ZYm©[aV Xa go ã`mO Ho$ gmW H$mQ> {b`m OmEJm&

`h _mZVo hþE {H$ H$moB© {dH$bm§JVm Zht h¡ A{V{aŠV XþK©Q>Zm {hVbm^ ~r_m am{e Ho$ {bE H$moB© AÝ` {H$ñV/V| Xo` Zht hmoJr&

(~). ~r{_V ì`pŠV H$s _¥Ë`w: _yb nm°{bgr Ho$ A§VJ©V _¥Ë`w {hVbm^ Ho$ Abmdm, Bg nm°{bgr Ho$ A§VJ©V XþK©Q>Zm {hVbm^ ~r_m am{e Ho$ g_mZ A{V[aŠV am{e H$m ^wJVmZ {H$`m OmEJm& bo{H$Z nm°{bgr XþK©Q>Zm Ho$ g_` à^mdr hmoZr Mm{hE& ^bo hr dh _¥Ë`w Ho$ g_` à^mdr hmo `m Z hmo&

AJa ~r{_V ì`pŠV H$s _¥Ë`w {ZåZ H$maUm| go hmo, Vmo {ZJ_ Ûmam D$na CëboI H$s JB© A{V[aŠV ~r_m am{e H$m ^wJVmZ Zht {H$`m OmEJm&

(i) OmZ~yPH$a IwX H$mo O»_r H$aZm, AmË_hË`m H$s H$mo{ee, _mZ{gH$ ê$n go AñdñWVm `m ì`m{^Mma `m ~r{_V ì`pŠV Zeo `m _mXH$ Ðd, S´>J `m ZmH$m}{Q>H$ Ho$ à^md _| hmo (AJa S>m°ŠQ>a Ûmam CnMma Ho$ A§VJ©V àoñH«$mB~ Z {H$`m J`m hmo); `m

(ii) X§Jo, OZ {dÐmoh, ~JmdV, `wÕ (Mmho Kmo{fV {H$`m J`m hmo `m Zht), AmH«$_U, {eH$ma, nd©VmamohU, ñQ>rnb MoqOJ, {H$gr àH$ma H$s aog, n¡am½bm`qS>J `m n¡ameyqQ>J, ES>doÝMg© ñnmoQ>©²g _| ^mJ boZm; `m

(iii) ~r{_V ì`pŠV Ûmam {H$gr Amnam{YH$ BamXo Ho$ gmW H$moB© Amnam{YH$ H$m`© H$aZm; `m

(iv) (A) ~r{_V ì`pŠV Ho$ geó ~b `m g¡Ý` godm _| amoOJma Ho$ H$maU CËnÝZ& `h AndO©Z Cg g_` bmJy Zht h¡ AJa ~r{_V ì`pŠV Cg g_` XþK©Q>ZmJ«ñV hmoVm h¡ O~ dh S>çyQ>r na Zht Wm `m h_mao Xoe _| {H$gr àmH¥${VH$ AmnXm H$m _wH$m~bm H$aVo g_` {H$gr amhV H$m`© _| em{_b Wm, `m

(~) AÕ©g¡{ZH$ ~b H$mo N>mo‹S>H$a {H$gr nw{bg g§JR>Z _| nw{bg S>çyQ>r _| em{_b hmoZo Ho$ H$maU ({Og_| àemg{ZH$ H$m`©^ma em{_b Zht h¡)& `h AndO©Z V~ bmJy Zht h¡ O~ nw{bg S>çyQ>r _| em{_b hmoZo Ho$ H$maU XþK©Q>Zm Ho$ {bE XþK©Q>ZmË_H$ _¥Ë`w VWm AeŠVVm {hVbm^ g§ajU Ho$ {dH$ën H$mo MwZm J`m hmo; `m

(v) ~r{_V ì`pŠV H$s XþK©Q>Zm H$s {V{W go 180 {XZm| Ho$ ~mX K{Q>V hmoZm&

_yb nm°{bgr Ho$ Aä¶n©U na Xo` {hVbm^: `h amBS>a H$moB© MwH$Vm _yë` àmßV Zht H$aoJm VWm Bg amBS>a Ho$ A§VJ©V H$moB© Aä¶n©U _yë` CnbãY Zht hmoJm. bo{H$Z AJa Bg amBS>a H$mo MwZm J`m hmo Am¡a Cg _yb nm°{bgr H$mo Aä¶n©U {H$E OmZo na, {Oggo `h amBS>a Ow‹S>m hmo, ~eV] Bg amBS>a VWm _yb nm°{bgr go g§~§{YV g^r Xo` àr{_`_m| H$m ^wJVmZ H$a {X`m J`m hmo VWm _yb nm°{bgr Zo gaoÝS>a _yë` àmßV H$a {b`m hmo, àr{_`_ ^wJVmZ Ad{Y Ho$ ~mX g§ajU Ho$ g§~§Y _| {b`m J`m A{V[aŠV amBS>a àr{_`_ {ZåZ AZwgma bm¡Q>m {X`m OmEJm:

àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ Aä¶n©U H$s pñW{V _|: 80%* (dm{f©H$sH¥$V amBS>a àr{_`_ à{V `1000 XþK©Q>Zm {hVbm^ ~r_m am{e -1)* (XþK©Q>Zm {hVbm^ ~r_m am{e/1000)* (dfm] H$s g§»`m, {OZHo$ {bE Bg amBS>a Ho$ g§~§Y _| àr{_`_m| H$m ^wJVmZ {H$`m J`m h¡)

• Feeding - the ability to transfer food from a plate or bowl to the mouth once food has been prepared and made available

• Toileting - the ability to use the lavatory or otherwise manage bowel and bladder functions so as to maintain a satisfactory level of personal hygiene

• Mobility - the ability to move indoors from room to room on level surfaces at the normal place of residence

• Transferring - the ability to move from a bed to an upright chair or wheel chair and vice versa

Notwithstanding what is mentioned above, Accidental injuries which 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 amputation of both hands at or above the wrists or in the amputation of both feet at or above ankles, or in the amputation of one hand at or above the wrist andone foot at or above the ankle, shall also be deemed to constitutesuch disability.

After the happening of the disability, full particulars thereof must be given in writing to the offi ce of the Corporation where this Policy is serviced together with the then address and whereabouts of the Life Assured and within 90 days of the happening of thedisability, must be given to the servicing Offi ce of the Corporation,in the manner required by it, proof of disability satisfactory to theCorporation and without any expense to the Corporation. MedicalExaminer authorized by the Corporation shall examine the LifeAssured and certify in respect of any disability claimed after theintimation. Further, medical examination may be done to validate the continuity of disability on case to case basis, if required.

In the event of it being discovered at any time that a claim under this clause has been wrongly admitted, all premiums falling dueafter the date of the Corporation’s intimation to that effect shall be paid on due dates and further all premiums for which waiver waswrongly claimed and all instalments of additional sum assuredwhich have been paid to the life assured shall be returned tothe Corporation in one lump sum with interest, at such rate asfi xed by the Corporation from time to time as if no disability had occurred, failing which

(i) the benefi ts available under the policy shall stand reduced as if the policy has been discontinued as on the date from whichpremiums have been waived or on the payment of the fi rst instalment of the additional sum assured, whichever is earlierand

(ii) the instalments of additional sum assured already paid shall be treated as a debt against the said policy and shall be deducted with interest at such rate as fi xed by the Corporation from time to time from the proceeds of the policy.

No further instalment/s of additional Accident Benefi t Sum Assured shall be payable considering as if no disability had occurred.

(b).Death of the Life Assured: In addition to Death Benefi t under theBase Policy, an additional sum equal to the Accident Benefi t SumAssured shall be payable under this policy. However, the policyshall have to be in force at the time of accident irrespective of whether or not it is in force at the time of death.

The Corporation shall not be liable to pay the additional sum referred in (a) or (b) above, if the disability or the death of the LifeAssured shall:

(i) be caused by intentional self injury, attempted suicide, insanity or immorality or whilst the Life Assured is under theinfl uence or consumption of intoxicating liquor, narcotic or drug (unless prescribed by doctor as a part of treatment); or

(ii) be caused by injuries resulting from taking any part in riots, civil commotion, rebellion, war (whether war be declared or not), invasion, hunting, mountaineering, steeple chasing,racing of any kind, paragliding or parachuting, taking part in adventurous sports; or

(iii) result from the Life Assured committing any criminal act with criminal intent; or

(iv) (a) arise from employment of the Life Assured in the armed forces or military service. This exclusion is not applicable if the Life Assured was involved in an accident when he isnot on duty or was involved in any rescue operations whilecombating natural calamities in our country; or

(b) arise from being engaged in police duty (which excludes administrative assignments) in any police organization other than paramilitary forces. This exclusion is not applicable where the option to cover Accidental Deathand Disability Benefi t arising on accident while engaged in police duty, has been chosen; or

(v) occur after 180 days from the date of accident of the Life Assured.

Benefits payable on surrender of Base Policy:p y y This rider shall notacquire any Paid-up Value and no surrender value will be availableunder this rider. However, if this rider has been opted for and on surrender of the Base Policy to which this rider is attached, providedall the due premiums in respect of this rider and Base Policy have been paid and the Base Policy has acquired surrender value, additional rider premium charged in respect of cover after premiumpaying term shall be refunded as follows:In case of Surrender during Premium Paying Term: 80% * (annualised rider premium per Rs. 1000 Accident Benefi t SumAssured – 1) * (Accident Benefi t Sum Assured/1000) * (Number of years for which premiums in respect of this rider have been paid) In case of Surrender after Premium Paying Term: 80% * (annualised rider premium per Rs. 1000 Accident Benefi t Sum Assured – 1) *

X¡{ZH$ OrdZ H$s J{V{d{Y`m§ `o h¢:• àgmYZ - g^r Amdí`H$ dñÌ, H¥${Ì_ A§J `m AÝ` g{O©H$b CnH$aUm|

H$mo, Omo {H$ {M{H$Ëgr` Ñ{ï> go Oê$ar hmo, nhZZo Am¡a CVmaZo H$s j_Vm • YwbmB© - AnZr ñdÀN>Vm VWm Amamo½` H$mo C{MV én go ~ZmE aIZo

Ho$ {bE ZhmZo-YmoZo H$s `mo½`Vm • ^moOZ H$aZm - ^moOZ CnbãY hmoZo na Cgo Wmbr `m H$Q>moar go boH$a

_w§h _| S>mbZo H$s `mo½`Vm• em¡M {H«$`m - em¡Mmb` H$m BñVo_mb H$aZo H$s `mo½`Vm `m AÝ` VarHo$

go _b-_yÌ Ë`mJ H$aZo H$s j_Vm Vm{H$ {ZOr ñdÀN>Vm H$m g§VmofOZH$ ñVa ~Zm aho

• J{VerbVm - Ka _| g_Vb ñWmZ na EH$ H$_ao go Xÿgao H$_ao VH$ OmZo H$s `mo½`Vm

• ñWmZmÝVaU - {~ñVa go CR>H$a Hw$gu `m ìhrb Mo`a na ~¡R>Zo VWm BgH$s {dnarV J{V{d{Y H$s j_Vm

CnamoŠV ~mVm| Ho$ ~m~OyX, XþK©Q>Zm Ho$ H$maU bJr MmoQ> go AJa AÝ` g^r H$maUm| go ñdV§Ì VWm Eogr XþK©Q>Zm Ho$ hmoZo go 180 {XZm| Ho$ A§Xa, XmoZm|

þ

Am§Im| H$s gånyU© Ñ{ï> H$s Ag§emoܶ hm{Z `m XmoZm| hmWm| H$m H$bmB© `m BgHo$ þ

D$na go {dÀN>oXZ `m XmoZm| n¡am| H$m Q>IZm| `m BgHo$ D$na go VWm EH$ n¡a H$m Q>IZo `m BgHo$ D$na go {dÀN>oXZ hmo Vmo Cgo ^r Eogr {dH$bm§JVm _mZm OmEJm &

{dH$bm§JVm Ho$ K{Q>V hmoZo Ho$ ~mX, BgHo$ 90 {XZm| Ho$ A§Xa {ZJ_ Ho$ Bg nm°{bgr H$mo godm àXmZ H$aZo dmbo H$m`m©b` _| {b{IV én go ~r{_V ì`pŠV Ho$ nVo VWm _m¡OyXJr Ho$ ñWmZ H$m {ddaU Cn`wŠV VarHo$ go {dH$bm§JVm Ho$ à_mU Ho$ gmW Omo {H$ {ZJ_ Ho$ {bE g§VmofOZH$ hmo, {ZJ_ Ho$ IM} Ho$ {~Zm XoZr hmoJr& gyMZm {_bZo na {ZJ_ Ûmam A{YH¥$V {M{H$ËgH$ Ho$ Ûmam ~r{_V ì`pŠV H$s Om§M H$s OmEJr VWm {dH$bm§JVm Ho$ Xmdo H$mo à_m{UV {H$`m OmEJm& BgHo$ Abmdm, AJa Amdí`H$ hmo Vmo _m_bo Ho$ AZwgma {dH$bm§JVm H$s {ZaÝVaVm H$mo à_m{UV H$aZo Ho$ {bE {M{H$Ëgr` Om§M H$s Om gH$Vr h¡&

AJa {H$gr ^r g_` na kmV hmoVm h¡ {H$ Bg Šbm°O Ho$ A§VJ©V Xmdo H$mo JbV VarHo$ Ho$ ñdrH$ma {H$`m J`m h¡, Vmo Bg ~mao _| {ZJ_ H$mo gy{MV {H$E OmZo H$s {V{W Ho$ ~mX Xo` g^r àr{_`_m| H$m Xo` {V{W`m| H$mo ^wJVmZ H$aZm hmoJm Am¡a g^r àr{_`_m|, {OZHo$ {bE _m\$s H$m JbV VarHo$ go BñVo_mb {H$`m J`m Wm VWm A{V[aŠV ~r_m am{e H$s g^r {H$ñV|, {OZH$m ^wJVmZ ~r{_V ì`pŠV H$mo {H$`m J`m Wm, {ZJ_ H$mo EH$_wíV aH$_ Ho$ én _| g_`-g_` na {ZJ_ Ûmam {ZYm©[aV Xa na {ZJ_ H$mo bm¡Q>mZr hmoJr& O¡go {H$ H$moB© {dH$bm§JVm hþB© hr Z hmo, {Og_| Ag\$b hmoZo na

(i) nm°{bgr Ho$ A§VJ©V CnbãY {hVbm^m| H$mo Bg àH$ma KQ>m {X`m OmEJm,O¡go {H$ àr{_`_m| H$s _m\$s H$s {V{W H$mo nm°{bgr H$mo ñW{JV {H$`m J`m hmo `m A{V[aŠV ~r_mam{e H$s nhbr {H$ñV Ho$ ^wJVmZ H$s {V{W H$mo, Omo ^r nhbo hmo VWm

(ii) A{V[aŠV ~r_m am{e H$s AXm H$s Om MwH$s {H$ñVm| H$mo CŠV nm°{bgr na F$U _mZm OmEJm VWm nm°{bgr H$s YZam{e go g_`-g_` na {ZJ_ Ûmam {ZYm©[aV Xa go ã`mO Ho$ gmW H$mQ> {b`m OmEJm&

`h _mZVo hþE {H$ H$moB© {dH$bm§JVm Zht h¡ A{V{aŠV XþK©Q>Zm {hVbm^ ~r_m am{e Ho$ {bE H$moB© AÝ` {H$ñV/V| Xo` Zht hmoJr&

þ

(~). ~r{_V ì`pŠV H$s _¥Ë`w: _yb nm°{bgr Ho$ A§VJ©V _¥Ë`w {hVbm^ Ho$ Abmdm, Bg nm°{bgr Ho$ A§VJ©V XþK©Q>Zm {hVbm^ ~r_m am{e Ho$ g_mZ A{V[aŠV am{e H$m ^wJVmZ {H$`m OmEJm& bo{H$Z nm°{bgr XþK©Q>Zm Ho$ g_` à^mdr hmoZr

þ

Mm{hE& ^bo hr dh _¥Ë`w Ho$ g_` à^mdr hmo `m Z hmo&þþ

AJa ~r{_V ì`pŠV H$s _¥Ë`w {ZåZ H$maUm| go hmo, Vmo {ZJ_ Ûmam D$na CëboI H$s JB© A{V[aŠV ~r_m am{e H$m ^wJVmZ Zht {H$`m OmEJm&

(i) OmZ~yPH$a IwX H$mo O»_r H$aZm, AmË_hË`m H$s H$mo{ee, _mZ{gH$ ê$n go AñdñWVm `m ì`m{^Mma `m ~r{_V ì`pŠV Zeo `m _mXH$ Ðd, S´>J `m ZmH$m}{Q>H$ Ho$ à^md _| hmo (AJa S>m°ŠQ>a Ûmam CnMma Ho$ A§VJ©V àoñH«$mB~ Z {H$`m J`m hmo); `m

(ii) X§Jo, OZ {dÐmoh, ~JmdV, `wÕ (Mmho Kmo{fV {H$`m J`m hmo `m Zht), AmH«$_U, {eH$ma, nd©VmamohU, ñQ>rnb MoqOJ, {H$gr àH$ma H$s aog, n¡am½bm`qS>J `m n¡ameyqQ>J, ES>doÝMg© ñnmoQ>©²g _| ^mJ boZm; `m

(iii) ~r{_V ì`pŠV Ûmam {H$gr Amnam{YH$ BamXo Ho$ gmW H$moB© Amnam{YH$ H$m`© H$aZm; `m

(iv) (A) ~r{_V ì`pŠV Ho$ geó ~b `m g¡Ý` godm _| amoOJma Ho$ H$maU CËnÝZ& `h AndO©Z Cg g_` bmJy Zht h¡ AJa ~r{_V ì`pŠV Cg g_` XþK©Q>ZmJ«ñV hmoVm h¡ O~ dh S>çyQ>r na Zht Wm `m h_mao Xoe _| {H$gr àmH¥${VH$ AmnXm H$m _wH$m~bm H$aVo g_` {H$gr amhV

þþ

H$m`© _| em{_b Wm, `m (~) AÕ©g¡{ZH$ ~b H$mo N>mo‹S>H$a {H$gr nw{bg g§JR>Z _| nw{bg S>çyQ>r _|

em{_b hmoZo Ho$ H$maU ({Og_| àemg{ZH$ H$m`©^ma em{_b Zht h¡)& `h AndO©Z V~ bmJy Zht h¡ O~ nw{bg S>çyQ>r _| em{_b hmoZo Ho$ H$maU XþK©Q>Zm Ho$ {bE XþK©Q>ZmË_H$ _¥Ë`w VWm AeŠVVm {hVbm^ g§ajU Ho$ {dH$ën H$mo MwZm J`m hmo; `mþ þþ

(v) ~r{_V ì`pŠV H$s XþK©Q>Zm H$s {V{W go 180 {XZm| Ho$ ~mX K{Q>V hmoZm&

_yb nm°{bgr Ho$ Aä¶n©U na Xo` {hVbm^:y h `h amBS>a H$moB© MwH$Vm _yë` àmßV Zht H$aoJm VWm Bg amBS>a Ho$ A§VJ©V H$moB© Aä¶n©U _yë` CnbãY Zht hmoJm. bo{H$Z AJa Bg amBS>a H$mo MwZm J`m hmo Am¡a Cg _yb nm°{bgr H$mo Aä¶n©U {H$E OmZo na, {Oggo `h amBS>a Ow‹S>m hmo, ~eV] Bg amBS>a VWm _yb nm°{bgr go g§~§{YV g^r Xo` àr{_`_m| H$m ^wJVmZ H$a {X`m J`m hmo VWm _yb nm°{bgr Zo gaoÝS>a _yë` àmßV H$a {b`m hmo, àr{_`_ ^wJVmZ Ad{Y Ho$ ~mX g§ajU Ho$ g§~§Y _| {b`m J`m A{V[aŠV amBS>a àr{_`_ {ZåZ AZwgma bm¡Q>m {X`m OmEJm:àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ Aä¶n©U H$s pñW{V _|: 80%* (dm{f©H$sH¥$V amBS>a àr{_`_ à{V `1000 XþK©Q>Zm {hVbm^ ~r_m am{e -1)* (XþK©Q>Zm {hVbm^ ~r_m am{e/1000)* (dfm] H$s g§»`m, {OZHo$ {bE Bg amBS>a Ho$ g§~§Y _| àr{_`_m|

þ þ

H$m ^wJVmZ {H$`m J`m h¡)

28177 Jeevan Labh Policy document_21-01.indd Spread 5 of 8 - Pages(12, 5)28177 Jeevan Labh Policy document_21-01.indd Spread 5 of 8 - Pages(12, 5) 15-02-2016 05:11:4515-02-2016 05:11:45

Page 6: EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m

(Accident Benefi t Sum Assured/1000) * (premium paying term of the rider) * (outstanding term for the rider in completed years / (Policy term in respect of this rider - Premium paying term of the rider))

Where annualised rider premium mentioned above excludes tax.B. LIC’s New Term Assurance Rider (UIN 512B210V01) (If Opted): - LIC’s New Term Assurance Rider is available at the inception of the

policy on payment of additional premium. The additional premium for this Rider will need to be paid along with the premium of the Base Policy and any other rider, if opted for, during the premium paying term of the policy. If this rider is opted for, on death of the Life Assured during the policy term an additional amount equal to Term Assurance Rider Sum Assured shall be payable provided the rider cover is inforce.

The maximum cover for this rider shall be Rs. 25 lakhs taking all Term Assurance Riders under all existing policies of the Life Assured taken from Life Insurance Corporation of India including the new proposal under consideration. If there be more policies than one and if the total Term Assurance Rider Sum Assured exceeds Rs. 25 lakhs, the benefi ts shall apply to the fi rst Rs. 25 lakhs Term Assurance Rider Sum Assured in order of date of policies issued.

Benefits payable on surrender of Base Policy: This rider shall not acquire any Paid-up Value and no surrender value will be available under this rider. However, if this rider has been opted for and on surrender of the Base Policy to which this rider is attached, provided all the due premiums in respect of this rider and Base Policy have been paid and the Base Policy has acquired surrender value, additional Term Assurance Rider premium charged in respect of Term Assurance Rider cover after premium paying term shall be refunded as follows:

In case of Surrender during Premium Paying Term: 75% * d* (Pppt-Pn)*(Term Assurance Rider Sum Assured/1000) In case of Surrender after Premium Paying Term: 75% * Pppt *(Term Assurance Rider Sum Assured/1000)*(ppt/

n)*(n-t) Where; Pppt =Tabular annual premium for the limited premium paying term

per Rs. 1000/- Term Assurance Rider Sum Assured at inception Pn = Equivalent Tabular annual Regular premium per Rs. 1000/-

Term Assurance Rider Sum Assured applicable to the Life Assured’s age at inception and term of the rider being n years.

(Above Premiums excludes extra amount if charged under the policy due to underwriting decisions.)

d = Policy duration elapsed in completed years as on date of surrender

n=Term of the Rider ppt=Premium paying term of the Rider t=Policy duration elapsed in nearest completed years as on the date

of surrender 5. Participation in profits: Provided the policy is inforce, depending

upon the Corporation’s experience the policy shall participate in profi ts in accordance with the provisions of Section 28 of LIC Act, 1956, as amended from time to time and this policy will be eligible for Simple Reversionary Bonus at such rate and on such terms as may be declared by the Corporation.

Simple Reversionary Bonuses shall be declared annually at the end of each fi nancial year provided the policy is inforce. Once declared, they form part of the guaranteed benefi t of the plan. Simple reversionary bonuses will be added from the date of commencement of policy until the selected policy term or till death, if it occurs earlier.

In case the premiums shall not be duly paid, the policy shall cease to participate in future profi ts irrespective of whether or not the policy has acquired paid up value.

In the event of policy being surrendered, the Surrender Value of vested bonuses, if any, as applicable on the date of surrender, will be payable as specifi ed in Condition 4 of Part D of this Policy document.

Final Additional Bonus may also be declared under the policy in the year when the policy results into a claim either by death or maturity.

Final Additional Bonus shall not be payable under paid up policies.6. Payment of Premiums (a). The policyholder has to pay the premium on the due dates as

specifi ed in the Schedule of this Policy Document alongwith Service Tax and or any other Tax as applicable from time to time.

(b).Grace period: A grace period of one month but not less than 30 days shall be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly premiums. If the premium is not paid before the expiry of the days of grace, the Policy lapses.

If the death of the Life Assured occurs within the grace period but before the payment of the premium then due, the policy will still be valid and the benefi ts shall be paid after deductions of the said unpaid premium as also the balance premium (s), if any, falling due from the date of death and before the next policy anniversary.

(c). In case of death of Life Assured under an inforce policy where in all the premiums due till the date of death have been paid and where the mode of payment of premium is other than yearly, balance premium(s), if any, falling due from the date of death and before the next policy anniversary shall be deducted from the claim amount.

PART – D: CONDITIONS RELATED TO SERVICING ASPECTS1. Proof of Age: The premiums having been calculated on the age of

the Life Assured as declared in the Proposal, in case the age is found

àr{_`_ ^wJVmZ Ad{Y Ho$ ~mX Aä¶n©U H$s pñW{V _|: 80%* (dm{f©H$sH¥$V amBS>a àr{_`_ à{V `1000 XþK©Q>Zm {hVbm^ ~r_m am{e -1)* (XþK©Q>Zm {hVbm^ ~r_m am{e/1000)* (amBS>a Ho$ {bE àr{_`_ ^wJVmZ Ad{Y)* (nyU© dfm] _| amBS>a Ho$ {bE ~H$m`m Ad{Y/Bg amBS>a Ho$ g§~§Y _| nm°{bgr Ad{Y - amBS>a Ho$ {bE àr{_`_ ^wJVmZ Ad{Y)

Ohm§ H$ht ^r dm{f©H$sH¥$V amBS>a àr{_`_ H$m CëboI {H$`m J`m h¡, Cg_| H$a em{_b Zht h¡&

~. EbAmB©gr H$m ݶy Q>‘© Eí¶moaoÝg amBS>a (UIN: 512B209V01) (AJa MwZm J¶m hmo):

EbAmB©gr H$m Ý`y Q>_© Eí`moaoÝg amBS>a nm°{bgr Ho$ Ama§^ _| A{V[aŠV àr{_`_ Ho$ ^wJVmZ na CnbãY h¡& Bg amBS>a Ho$ {bE A{V[aŠV àr{_`_ H$m ^wJVmZ _yb nm°{bgr VWm {H$gr AÝ` amBS>a Ho$ àr{_`_ Ho$ gmW {H$`m OmVm h¡, AJa Cgo nm°{bgr H$s àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ MwZm J`m hmo& AJa Bg amBS>a H$mo MwZm OmVm h¡, Vmo nm°{bgr Ad{Y Ho$ Xm¡amZ ~r{_V ì`pŠV H$s _¥Ë`w hmoZo na, Q>_© Eí`moaoÝg ~r_m am{e Ho$ g_mZ A{V[aŠV am[e H$m ^wJVmZ {H$`m OmEJm, ~eV] amBS>a H$da à^mdr hmo &

^maVr` OrdZ ~r_m {ZJ_ go ~r{_V ì`pŠV H$s g_ñV _m¡OyXm nm°{b{g`m|, {Og_| {dMmamYrZ Z`m àñVmd ^r em{_b h¡, Ho$ A§VJ©V g^r Q>_© Eí`moaoÝg amBS>g© Ho$ g{hV Bg amBS>a Ho$ {bE A{YH$V_ g§ajU `25 bmI go A{YH$ hmo Vmo {hVbm^ Omar H$s JB© nm°{b{g`m| H$s {V{W Ho$ H«$_ _| àW_ `25 bmI Q>_© Eí`moaoÝg amBS>a ~r_m am{e na bmJy hmoJm &

_yb nm°{bgr Ho$ Aä¶n©U na Xo` {hVbm^: `h amBS>a H$moB© MwH$Vm _yë` àmßV Zht H$aoJm VWm Bg amBS>a Ho$ A§VJ©V H$moB© Aä¶n©U _yë` CnbãY Zht hmoJm& bo{H$Z AJa Bg amBS>a H$mo MwZm J`m hmo Am¡a Cg _yb nm°{bgr H$mo Aä¶n©U {H$E OmZo na, {Oggo `h amBS>a Ow‹S>m hmo, ~eV] Bg amBS>a VWm _yb nm°{bgr go g§~§{YV g^r Xo` àr{_`_m| H$m ^wJVmZ H$a {X`m J`m hmo VWm _yb nm°{bgr Zo Aä¶n©U _yë` àmßV H$a {b`m hmo, àr{_`_ ^wJVmZ Ad{Y Ho$ ~mX g§ajU Ho$ g§~§Y _| {b`m J`m A{V[aŠV Q>_© Eí`moaoÝg amBS>a àr{_`_ {ZåZ AZwgma bm¡Q>m {X`m OmEJm:

àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ Aä¶n©U H$s pñW{V _| : 75%* d* (Pppt-Pn)* (Q>_© Eí`moaoÝg amBS>a ~r_m am{e/1000) àr{_`_ ^wJVmZ Ad{Y Ho$ ~mX Aä¶n©U H$s pñW{V _|: 75%* Pppt* (Q>_© Eí`moaoÝg amBS>a ~r_m am{e/1000)*(ppt/n)*(n-t) Ohm§; Pppt = gr{_V àr{_`_ ^wJVmZ Ad{Y Ho$ {bE à{V `1000 Q>o~wba dm{f©H$

àr{_`_ - Ama§^ _| Q>_© Eí`moaoÝg amBS>a ~r_m am{e Pn = g_Vwë` Q>o~wba dm{f©H$ {Z`{_V àr{_`_ à{V `1000/- Ama§^ _| ~r{_V

ì`pŠV H$s C_« na bmJy Q>_© Eí`moaoÝg amBS>a ~r_m am[e VWm amBS>a H$s Ad{Y n df©

(CnamoŠV àr{_`_ _| ~r_mboIZ {ZU©`m| Ho$ H$maU nm°{bgr Ho$ A§VJ©V br OmZodmbr A{V[aŠV am{e em{_b Zht h¡)

d = Aä¶n©U H$s {V{W H$mo nyU© dfm] _| g_mßV hþB© nm°{bgr Ad{Y n = amBS>a H$s Ad{Y ppt = amBS>a H$s àr{_`_ ^wJVmZ Ad{Y t = Aä¶n©U H$s {V{W H$mo ZOXrH$s nyU© dfm] _| g_mßV hþB© nm°{bgr Ad{Y5. bm^mo _| à{V^m{JVm : nm°{bgr Ho$ nyar Vah go à^mdr hmoZo na, {ZJ_ Ho$ AZw^d

Ho$ AmYma na nm°{bgr g_`-g_` na g§emo{YV EbAmB©gr A{Y{Z`_ 1956 H$s Ymam 28 Ho$ àmdYmZm| Ho$ AZwgma bm^mo _| à{V^m{JVm H$aoJr VWm `h nm°{bgr {ZJ_ Ûmam Kmo{fV Xa Am¡a eVm] Ho$ AZwgma gab àË`mdVu ~moZg H$s nmÌ hmoJr&

gab àË`mdVu ~moZgm| H$s KmofUm dm{f©H$ ê$n go àË`oH$ {dÎmr` df© H$s g_mpßV na H$s OmEJr, ~eV] nm°{bgr nyar Vah go à^mdr hmo& EH$ ~ma Kmo{fV {H$E OmZo na do ßbmZ Ho$ Jma§Q>rS> {hVbm^m| H$m {hñgm hm|Jr& gab àË`mdVu ~moZgm| H$mo nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W go MwZr hþB© nm°{bgr Ad{Y `m _¥Ë`w hmoZo VH$, Omo ^r nhbo hmo, Omo‹S>m OmEJm&

MwH$Vm nm°{bgr Ho$ _m_bo _|, {Z{hV ~moZgm| H$m ^wJVmZ V^r {H$`m OmEJm, AJa H$_ go H$_ VrZ nyao dfm] Ho$ àr{_`_ ^ao JE hm|&

AJa àr{_`_m| H$m {d{YdV ^wJVmZ Zht {H$`m J`m hmo Vmo nm°{bgr bm^mo _| à{V^m{JVm Zht H$aoJr, Mmho nm°{bgr Zo MwH$Vm _yë` àmßV {H$`m hmo `m Zht&

AJa nm°{bgr H$mo Aä¶n©U {H$`m OmVm h¡, Vmo {Z{hV ~moZgm| H$m gaoÝS>a _yë`, AJa H$moB© hmo, gånn©U H$s {V{W H$mo Omo ^r bmJy hmo, Bg nm°{bgr XñVmdoO Ho$ ^mJ X H$s eV© g§. 4 _| {d{ZYm©[aV AZwgma Xo` hmoJm&

nm°{bgr Ho$ A§VJ©V A§{V_ A{V[aŠV ~moZg H$s KmofUm Cg df© H$s Om gH$Vr h¡, O~ _¥Ë`w `m n[anŠdVm Ho$ H$maU Xmdo H$s pñW{V CËnÝZ hmo&

MwH$Vm nm°{b{g`m| Ho$ A§VJ©V A§{V_ A{V[aŠV ~moZg H$m ^wJVmZ Zht {H$`m OmEJm&6. àr{_`_ H$m ^wJVmZ (A). nm°{bgrYmaH$ H$mo Bg nm°{bgr XñVmdoO H$s AZwgyMr _| {d{ZYm©[aV Xo`

{V{W`m| na àr{_`_ H$m ^wJVmZ godm H$a VWm g_`-g_` na bmJy {H$gr AÝ` H$a Ho$ gmW H$aZm hmoJm

(~). [a`m`V Ad{Y: àr{_`_ ^wJVmZ Ho$ dm{f©H$, N>_mhr `m {V_mhr _mÜ`_m| Ho$ {bE EH$ H¡$boÝS>a _mh `m 30 {XZm| VH$ H$s Am¡a _m{gH$ àr{_`_m| Ho$ {bE 15 {XZm| [a`m`Vr Ad{Y Xr OmEJr& AJa [a`m`Vr Ho$ {XZm| Ho$ g_mßV hmoZo VH$ àr{_`_ H$m ^wJVmZ Zht {H$`m OmVm h¡, nm°{bgr H$mbmVrV hmo OmEJr&

AJa ~r{_V ì`pŠV H$s _¥Ë`w [a`m`Vr Ad{Y Ho$ Xm¡amZ bo{H$Z V~ Xo` àr{_`_ Ho$ ^wJVmZ go nhbo hmo OmVr h¡ Vmo nm°{bgr _mÝ` ahoJr VWm Cg àr{_`_ Am¡a nm°{bgr H$s AJbr df©Jm§R> go nhbo Xo` ^wJVmZ Z {H$E JE àr{_`_ H$mo ^r H$mQ>H$a {hVbm^m| H$m ^wJVmZ H$a {X`m OmEJm&

(g). AJa nm°{bgr à^mdr h¡ Am¡a nm°{bgr Ho$ A§VJ©V ~r{_V ì`pŠV H$s _¥Ë`w Ho$ _m_bo _| Xmdm XO© hþAm h¡, Ohm§ àr{_`_ Ho$ ^wJVmZ H$m _mÜ`_ dm{f©H$ _mÜ`_ go {^ÝZ h¡, AJa {H$Ýht àr{_`åg H$m ^wJVmZ _¥Ë`w Ho$ ~mX Zht {H$`m J`m h¡, Am¡a do AJbr nm°{bgr df©Jm§R> go nhbo Xo` hmoVr h¢, Vmo CÝh| Xmdo H$s am{e go H$mQ> {b`m OmEJm&

(Accident Benefi t Sum Assured/1000) * (premium paying term of therider) * (outstanding term for the rider in completed years / (Policy term in respect of this rider - Premium paying term of the rider))

Where annualised rider premium mentioned above excludes tax.B. LIC’s New Term Assurance Rider (UIN 512B210V01) (If Opted): -( ) ( p ) LIC’s New Term Assurance Rider is available at the inception of the

policy on payment of additional premium. The additional premiumfor this Rider will need to be paid along with the premium of the Base Policy and any other rider, if opted for, during the premium payingterm of the policy. If this rider is opted for, on death of the Life Assured during the policy term an additional amount equal to Term AssuranceRider Sum Assured shall be payable provided the rider cover is inforce.

The maximum cover for this rider shall be Rs. 25 lakhs taking all TermAssurance Riders under all existing policies of the Life Assured takenfrom Life Insurance Corporation of India including the new proposalunder consideration. If there be more policies than one and if the total Term Assurance Rider Sum Assured exceeds Rs. 25 lakhs, thebenefi ts shall apply to the fi rst Rs. 25 lakhs Term Assurance RiderSum Assured in order of date of policies issued.Benefits payable on surrender of Base Policy:p y y This rider shallnot acquire any Paid-up Value and no surrender value will be available under this rider. However, if this rider has been opted for and on surrender of the Base Policy to which this rider is attached, provided all the due premiums in respect of this rider and Base Policy have been paid and the Base Policy has acquired surrendervalue, additional Term Assurance Rider premium charged in respect of Term Assurance Rider cover after premium paying term shall berefunded as follows:In case of Surrender during Premium Paying Term:

75% * d* (PpptP -Pn)*(Term Assurance Rider Sum Assured/1000)In case of Surrender after Premium Paying Term:

75% * PppP t *(Term Assurance Rider Sum Assured/1000)*(ppt/n)*(n-t)

Where; PpptP =Tabular annual premium for the limited premium paying term tper Rs. 1000/- Term Assurance Rider Sum Assured at inceptionPn = Equivalent Tabular annual Regular premium per Rs. 1000/- Term Assurance Rider Sum Assured applicable to the Life Assured’sage at inception and term of the rider being n years.

(Above Premiums excludes extra amount if charged under the policydue to underwriting decisions.)d = Policy duration elapsed in completed years as on date of surrendern=Term of the Riderppt=Premium paying term of the Ridert=Policy duration elapsed in nearest completed years as on the date of surrender

5. Participation in profits: Provided the policy is inforce, depending upon the Corporation’s experience the policy shall participate in profi ts in accordance with the provisions of Section 28 of LIC Act, 1956, as amended from time to time and this policy will be eligible for Simple Reversionary Bonus at such rate and on such terms as may be declared by the Corporation.

Simple Reversionary Bonuses shall be declared annually at theend of each fi nancial year provided the policy is inforce. Oncedeclared, they form part of the guaranteed benefi t of the plan. Simple reversionary bonuses will be added from the date of commencementof policy until the selected policy term or till death, if it occurs earlier.

In case the premiums shall not be duly paid, the policy shall ceaseto participate in future profi ts irrespective of whether or not the policy has acquired paid up value.

In the event of policy being surrendered, the Surrender Value ofvested bonuses, if any, as applicable on the date of surrender, will bepayable as specifi ed in Condition 4 of Part D of this Policy document.

Final Additional Bonus may also be declared under the policy in theyear when the policy results into a claim either by death or maturity.

Final Additional Bonus shall not be payable under paid up policies.6. Payment of Premiums

(a). The policyholder has to pay the premium on the due dates as specifi ed in the Schedule of this Policy Document alongwithService Tax and or any other Tax as applicable from time to time.

(b).Grace period: A grace period of one month but not less than 30 days shall be allowed for payment of yearly or half-yearly or quarterly premiums and 15 days for monthly premiums. If the premium is not paid before the expiry of the days of grace, the Policy lapses.

If the death of the Life Assured occurs within the grace periodbut before the payment of the premium then due, the policy willstill be valid and the benefi ts shall be paid after deductions ofthe said unpaid premium as also the balance premium (s), ifany, falling due from the date of death and before the next policyanniversary.

(c). In case of death of Life Assured under an inforce policy where in all the premiums due till the date of death have been paid and where the mode of payment of premium is other than yearly, balance premium(s), if any, falling due from the date of deathand before the next policy anniversary shall be deducted from the claim amount.

PART – D: CONDITIONS RELATED TO SERVICING ASPECTS1. Proof of Age: The premiums having been calculated on the age of

the Life Assured as declared in the Proposal, in case the age is found

àr{_`_ ^wJVmZ Ad{Y Ho$ ~mX Aä¶n©U H$s pñW{V _|: 80%* (dm{f©H$sH¥$V amBS>a àr{_`_ à{V `1000 XþK©Q>Zm {hVbm^ ~r_m am{e -1)* (XþK©Q>Zm {hVbm^ ~r_m am{e/1000)* (amBS>a Ho$ {bE àr{_`_ ^wJVmZ Ad{Y)

þ* (nyU© dfm] _| amBS>a

þ

Ho$ {bE ~H$m`m Ad{Y/Bg amBS>a Ho$ g§~§Y _| nm°{bgr Ad{Y - amBS>a Ho$ {bE àr{_`_ ^wJVmZ Ad{Y)

Ohm§ H$ht ^r dm{f©H$sH¥$V amBS>a àr{_`_ H$m CëboI {H$`m J`m h¡, Cg_| H$a em{_b Zht h¡&

~. EbAmB©gr H$m ݶy Q>‘© Eí¶moaoÝg amBS>a E B y E B (UIN: 512B209V01) ( ) (AJa MwZm ( wJ¶m hmo):h )EbAmB©gr H$m Ý`y Q>_© Eí`moaoÝg amBS>a nm°{bgr Ho$ Ama§^ _| A{V[aŠV àr{_`_ Ho$ ^wJVmZ na CnbãY h¡& Bg amBS>a Ho$ {bE A{V[aŠV àr{_`_ H$m ^wJVmZ _yb nm°{bgr VWm {H$gr AÝ` amBS>a Ho$ àr{_`_ Ho$ gmW {H$`m OmVm h¡, AJa Cgo nm°{bgr H$s àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ MwZm J`m hmo& AJa Bg amBS>a H$mo MwZm OmVm h¡, Vmo nm°{bgr Ad{Y Ho$ Xm¡amZ ~r{_V ì`pŠV H$s _¥Ë`w hmoZo na, Q>_© Eí`moaoÝg ~r_m am{e Ho$ g_mZ A{V[aŠV am[e H$m ^wJVmZ {H$`m OmEJm, ~eV] amBS>a H$da à^mdr hmo &

^maVr` OrdZ ~r_m {ZJ_ go ~r{_V ì`pŠV H$s g_ñV _m¡OyXm nm°{b{g`m|, {Og_| {dMmamYrZ Z`m àñVmd ^r em{_b h¡, Ho$ A§VJ©V g^r Q>_© Eí`moaoÝg amBS>g© Ho$ g{hV Bg amBS>a Ho$ {bE A{YH$V_ g§ajU `25 bmI go A{YH$ hmo Vmo {hVbm^ Omar H$s JB© nm°{b{g`m| H$s {V{W Ho$ H«$_ _| àW_ `25 bmI Q>_© Eí`moaoÝg amBS>a ~r_m am{e na bmJy hmoJm &_yb nm°{bgr Ho$ Aä¶n©U na Xo` {hVbm^:y h `h amBS>a H$moB© MwH$Vm _yë` àmßV Zht H$aoJm VWm Bg amBS>a Ho$ A§VJ©V H$moB© Aä¶n©U _yë` CnbãY Zht hmoJm&bo{H$Z AJa Bg amBS>a H$mo MwZm J`m hmo Am¡a Cg _yb nm°{bgr H$mo Aä¶n©U {H$E OmZo na, {Oggo `h amBS>a Ow‹S>m hmo, ~eV] Bg amBS>a VWm _yb nm°{bgr go g§~§{YV g^r Xo` àr{_`_m| H$m ^wJVmZ H$a {X`m J`m hmo VWm _yb nm°{bgr Zo Aä¶n©U _yë` àmßV H$a {b`m hmo, àr{_`_ ^wJVmZ Ad{Y Ho$ ~mX g§ajU Ho$ g§~§Y _| {b`m J`m A{V[aŠV Q>_© Eí`moaoÝg amBS>a àr{_`_ {ZåZ AZwgma bm¡Q>m {X`m OmEJm:àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ Aä¶n©U H$s pñW{V _| :

75%* d* (PpptP -Pn)* (Q>_© Eí`moaoÝg amBS>a ~r_m am{e/1000)àr{_`_ ^wJVmZ Ad{Y Ho$ ~mX Aä¶n©U H$s pñW{V _|:

75%* PpptP * (Q>_© Eí`moaoÝg amBS>a ~r_m am{e/1000)*(ppt/n)*(n-t) Ohm§;

PpptP = gr{_V àr{_`_ ^wJVmZ Ad{Y Ho$ {bE à{V t `1000 Q>o~wba dm{f©H$ àr{_`_ - Ama§^ _| Q>_© Eí`moaoÝg amBS>a ~r_m am{ePn = g_Vwë` Q>o~wba dm{f©H$ {Z`{_V àr{_`_ à{V `1000/- Ama§^ _| ~r{_V ì`pŠV H$s C_« na bmJy Q>_© Eí`moaoÝg amBS>a ~r_m am[e VWm amBS>a H$s Ad{Y n df©

(CnamoŠV àr{_`_ _| ~r_mboIZ {ZU©`m| Ho$ H$maU nm°{bgr Ho$ A§VJ©V br OmZodmbr A{V[aŠV am{e em{_b Zht h¡)d = Aä¶n©U H$s {V{W H$mo nyU© dfm] _| g_mßV hþB© nm°{bgr Ad{Yn = amBS>a H$s Ad{Yppt = amBS>a H$s àr{_`_ ^wJVmZ Ad{Yt = Aä¶n©U H$s {V{W H$mo ZOXrH$s nyU© dfm] _| g_mßV hþB© nm°{bgr Ad{Y

5. bm^mo _| à{V^m{JVm : nm°{bgr Ho$ nyar Vah go à^mdr hmoZo na, {ZJ_ Ho$ AZw^d Ho$ AmYma na nm°{bgr g_`-g_` na g§emo{YV EbAmB©gr A{Y{Z`_ 1956 H$s Ymam 28 Ho$ àmdYmZm| Ho$ AZwgma bm^mo _| à{V^m{JVm H$aoJr VWm `h nm°{bgr {ZJ_ Ûmam Kmo{fV Xa Am¡a eVm] Ho$ AZwgma gab àË`mdVu ~moZg H$s nmÌ hmoJr&

gab àË`mdVu ~moZgm| H$s KmofUm dm{f©H$ ê$n go àË`oH$ {dÎmr` df© H$s g_mpßV na H$s OmEJr, ~eV] nm°{bgr nyar Vah go à^mdr hmo& EH$ ~ma Kmo{fV {H$E OmZo na do ßbmZ Ho$ Jma§Q>rS> {hVbm^m| H$m {hñgm hm|Jr& gab àË`mdVu ~moZgm| H$mo nm°{bgr Ho$ Ama§^ hmoZo H$s {V{W go MwZr hþB© nm°{bgr Ad{Y `m _¥Ë`w hmoZo VH$, Omo ^r nhbo hmo, Omo‹S>m OmEJm&

MwH$Vm nm°{bgr Ho$ _m_bo _|, {Z{hV ~moZgm| H$m ^wJVmZ V^r {H$`m OmEJm, AJa H$_ go H$_ VrZ nyao dfm] Ho$ àr{_`_ ^ao JE hm|&

AJa àr{_`_m| H$m {d{YdV ^wJVmZ Zht {H$`m J`m hmo Vmo nm°{bgr bm^mo _| à{V^m{JVm Zht H$aoJr, Mmho nm°{bgr Zo MwH$Vm _yë` àmßV {H$`m hmo `m Zht&

AJa nm°{bgr H$mo Aä¶n©U {H$`m OmVm h¡, Vmo {Z{hV ~moZgm| H$m gaoÝS>a _yë`,AJa H$moB© hmo, gånn©U H$s {V{W H$mo Omo ^r bmJy hmo, Bg nm°{bgr XñVmdoO Ho$ ^mJ X H$s eV© g§. 4 _| {d{ZYm©[aV AZwgma Xo` hmoJm&

nm°{bgr Ho$ A§VJ©V A§{V_ A{V[aŠV ~moZg H$s KmofUm Cg df© H$s Om gH$Vr h¡, O~ _¥Ë`w `m n[anŠdVm Ho$ H$maU Xmdo H$s pñW{V CËnÝZ hmo&

MwH$Vm nm°{b{g`m| Ho$ A§VJ©V A§{V_ A{V[aŠV ~moZg H$m ^wJVmZ Zht {H$`m OmEJm&6. àr{_`_ H$m ^wJVmZ (A).nm°{bgrYmaH$ H$mo Bg nm°{bgr XñVmdoO H$s AZwgyMr _| {d{ZYm©[aV Xo`

{V{W`m| na àr{_`_ H$m ^wJVmZ godm H$a VWm g_`-g_` na bmJy {H$gr AÝ` H$a Ho$ gmW H$aZm hmoJm

(~). [a`m`V Ad{Y: àr{_`_ ^wJVmZ Ho$ dm{f©H$, N>_mhr `m {V_mhr _mÜ`_m| Ho$ {bE EH$ H¡$boÝS>a _mh `m 30 {XZm| VH$ H$s Am¡a _m{gH$ àr{_`_m| Ho$ {bE 15 {XZm| [a`m`Vr Ad{Y Xr OmEJr& AJa [a`m`Vr Ho$ {XZm| Ho$ g_mßV hmoZo VH$ àr{_`_ H$m ^wJVmZ Zht {H$`m OmVm h¡, nm°{bgr H$mbmVrV hmo OmEJr&

AJa ~r{_V ì`pŠV H$s _¥Ë`w [a`m`Vr Ad{Y Ho$ Xm¡amZ bo{H$Z V~ Xo` àr{_`_ Ho$ ^wJVmZ go nhbo hmo OmVr h¡ Vmo nm°{bgr _mÝ` ahoJr VWm Cg àr{_`_ Am¡a nm°{bgr H$s AJbr df©Jm§R> go nhbo Xo` ^wJVmZ Z {H$E JE àr{_`_ H$mo ^r H$mQ>H$a {hVbm^m| H$m ^wJVmZ H$a {X`m OmEJm&

(g). AJa nm°{bgr à^mdr h¡ Am¡a nm°{bgr Ho$ A§VJ©V ~r{_V ì`pŠV H$s _¥Ë`w Ho$ _m_bo _| Xmdm XO© hþAm h¡, Ohm§ àr{_`_ Ho$ ^wJVmZ H$m _mÜ`_ dm{f©H$ _mÜ`_ go {^ÝZ h¡, AJa {H$Ýht àr{_`åg H$m ^wJVmZ _¥Ë`w Ho$ ~mX Zht

þþ

{H$`m J`m h¡, Am¡a do AJbr nm°{bgr df©Jm§R> go nhbo Xo` hmoVr h¢, Vmo CÝh| Xmdo H$s am{e go H$mQ> {b`m OmEJm&

limited to the amount secured by partial assignment or transfer and such policyholder shall not be entitled to further assign or transfer the residual amount payable under the same policy.

Annexure – II Nomination - As per section 39 of the Insurance Act, 1938, as amended by Insurance Laws (Amendment) Act, 2015 1. The holder of a policy of life insurance on his own life may, when

effecting the policy or at any time before the policy matures for payment, nominate the person or persons to whom the money secured by the policy shall be paid in the event of his death:

Provided that, where any nominee is a minor, it shall be lawful for the policy holder to appoint any person in the manner laid down by the insurer, to receive the money secured by policy in the event of his death during the minority of the nominee.

2. Any such nomination in order to be effectual shall, unless it is incorporated in the text of the policy itself, be made by an endorsement on the policy communicated to the insurer and registered by him in the records relating to the policy and any such nomination may at any time before the policy matures for payment be cancelled or changed by an endorsement or a further endorsement or a will, as the case may be, but unless notice in writing of any such cancellation or change has been delivered to the insurer, the insurer shall not be liable for any payment under the policy made bonafi de by him to a nominee mentioned in the text of the policy or registered in records of the insurer.

3. The insurer shall furnish to the policy holder a written acknowledgement of having registered a nomination or a cancellation or change thereof, and may charge such fee as may be specifi ed by regulations for registering such cancellation or change.

4. A transfer or assignment of a policy made in accordance with section 38 shall automatically cancel a nomination:

Provided that the assignment of a policy to the insurer who bears the risk on the policy at the time of the assignment, in consideration of a loan granted by that insurer on the security of the policy within its surrender value, or its reassignment on repayment of the loan shall not cancel a nomination, but shall affect the rights of the nominee only to the extent of the insurer’s interest in the policy:

Provided further that the transfer or assignment of a policy, whether wholly or in part, in consideration of a loan advanced by the transferee or assignee to the policyholder, shall not cancel the nomination but shall affect the rights of the nominee only to the extent of the interest of the transferee or assignee, as the case may be, in the policy:

Provided also that the nomination, which has been automatically cancelled consequent upon the transfer or assignment, the same nomination shall stand automatically revived when the policy is reassigned by the assignee or retransferred by the transferee in favour of the policyholder on repayment of loan other than on a security of policy to the insurer.

5. Where the policy matures for payment during the lifetime of the person whose life is insured or where the nominee or, if there are more nominees than one, all the nominees die before the policy matures for payment, the amount secured by the policy shall be payable to the policyholder or his heirs or legal representatives or the holder of a succession certifi cate, as the case may be.

6. Where the nominee or if there are more nominees than one, a nominee or nominees survive the person whose life is insured, the amount secured by the policy shall be payable to such survivor or survivors.

7. Subject to the other provisions of this section, where the holder of a policy of insurance on his own life nominates his parents, or his spouse, or his children, or his spouse and children, or any of them, the nominee or nominees shall be benefi cially entitled to the amount payable by the insurer to him or them under sub-section (6) unless it is proved that the holder of the policy, having regard to the nature of his title to the policy, could not have conferred any such benefi cial title on the nominee.

8. Subject as aforesaid, where the nominee, or if there are more nominees than one, a nominee or nominees, to whom sub-section (7) applies, die after the person whose life is insured but before the amount secured by the policy is paid, the amount secured by the policy, or so much of the amount secured by the policy as represents the share of the nominee or nominees so dying (as the case may be), shall be payable to the heirs or legal representatives of the nominee or nominees or the holder of a succession certifi cate, as the case may be, and they shall be benefi cially entitled to such amount.

9. Nothing in sub-sections (7) and (8) shall operate to destroy or impede the right of any creditor to be paid out of the proceeds of any policy of life insurance.

10. The provisions of sub-sections (7) and (8) shall apply to all policies of life insurance maturing for payment after the commencement of the Insurance Laws (Amendment) Act, 2015.

11. Where a policyholder dies after the maturity of the policy but the proceeds and benefi t of his policy has not been made to him because of his death, in such a case, his nominee shall be entitled to the proceeds and benefi t of his policy.

12. The provisions of this section shall not apply to any policy of life insurance to which section 6 of the Married Women’s Property Act, 1874, applies or has at any time applied:

VH$ gr{_V hmoJr VWm Eogm nm°{bgrYmaH$ Cgr nm°{bgr Ho$ A§VJ©V Xo` eof am{e Ho$ {bE nwZ: Aä`n©U `m A§VaU H$aZo H$m nmÌ Zht hmoJm&

n[a{eîQ> II~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m A{Y{Z`_, 1938 Ymam 39 AZwgma1. OrdZ ~r_m H$s nm°{bgr H$m YmaH$ AnZo OrdZ na, nm°{bgr boVo g_` `m ^wJVmZ

hoVw nm°{bgr Ho$ n[anŠd hmoZo go nhbo {H$gr ^r g_`, {H$gr ì`pŠV `m ì`pŠV`m| H$mo Zm{_V H$a gH$Vm h¡, {Ogo/{OÝh| CgH$s _¥Ë`w H$s pñW{V _| nm°{bgr Ûmam g§a[jV am{e H$m ^wJVmZ {H$`m OmEJm&

eV© `h h¡ {H$, AJa Zm{_V ì`pŠV Zm~m{bJ hmo, Vmo nm°{bgrYmaH$ Ho$ {bE `h H$mZyZZ C{MV hmoJm {H$ ~r_mH$Vm© Ûmam {ZYm©[aV VarHo$ go {H$gr ì`pŠV H$mo {Z`wŠV H$ao Omo {H$ Zm{_V ì`pŠV Ho$ Zm~m{bJ ahZo Ho$ Xm¡amZ nm°{bgrYmaH$ H$s _¥Ë`w hmoZo na nm°{bgr Ûmam g§a{jV am{e H$mo àmßV H$a gHo$&

2. Eogo {H$gr Zm_m§H$Z H$mo à^mdr hmoZo Ho$ {bE, AJa dh nm°{bgr H$s eãX `moOZm _| {ZJ{_V Zht h¡, Vmo Cgo ~r{_V H$aZo Ho$ {bE gy{MV nm°{bgr na n¥ð>m§H$Z VWm nm°{bgr go g§~§{YV [aH$m°S>©²g _| CgHo$ Ûmam n§OrH$aU Ho$ μO[aE {ZJ{_V {H$`m OmEJm, VWm Eogo H$moB© Zm_m§H$Z nm°{bgr Ho$ n[anŠd hmoZo go nhbo {H$gr ^r g_` ^wJVmZ go nyd© {H$gr n¥ð>m§H$Z `m dgr`V, O¡gr ^r pñW{V hmo, Ûmam aÔ {H$E `m ~Xbo Om gH$Vo h¢, bo{H$Z AJa Bg àH$ma {ZañVrH$aU `m n[adV©Z Ho$ {bE ~r_mH$Vm© H$mo {b{IV _| gyMZm Z Xr JB© hmo Vmo ~r_mH$Vm© nm°{bgr Ho$ AV§J©V CgHo$ Ûmam dmñV{dH$ ~ZmE JE nm°{bgr H$s eãX `moOZm _| C{ëb{IV `m ~r_mH$Vm© Ho$ [aH$m°S>©²g _| n§OrH¥$V Zm_m§{H$V H$mo {H$gr ^wJVmZ Ho$ {bE Xm`r Zht hmoJm&

3. ~r_mH$Vm© Ûmam nm°{bgrYmaH$ H$mo Zm_m§H$Z Ho$ n§OrH¥$V H$amE OmZo `m CgHo$ {ZañVrH$aU `m ~Xbo OmZo Ho$ ~mao _| {b{IV nmdVr XoJm VWm {d{Z`_m| Ûmam {d{ZYm©[aV Eogo {ZañVrH$aU `m n[adV©Z H$mo n§OrH¥$V H$aZo Ho$ {bE ewëH$ ^r bo gH$Vm h¡&

4. Ymam 38 Ho$ AZwH«$_ _| nm°{bgr _| {H$gr A§VaU `m Aä`n©U go Zm_m§H$Z ñdV: aÔ hmo OmEJm:

eV© `h h¡ {H$ ~r_mH$Vm© H$mo nm°{bgr H$m Aä`n©U, Omo {H$ Aä`n©U Ho$ g_` nm°{bgr na Omo{I_ H$m dhZ H$aVm hmo, Cg ~r_mH$Vm© Ûmam nm°{bgr H$s O_mZV na, CgHo$ gaoÝS>a _yë` `m nwZ: Aä`n©U Ho$ A§VJ©V hmo, F$U ñdê$n H$s ^anmB© H$aZo na 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, {OVZm {H$ nm°{bgr _| ~r_mH$Vm© H$m {hV hmo:

AmJo eV© `h h¡ {H$ nm°{bgrYmaH$ H$mo A§V[a{V `m Aä`{n©Vr Ûmam A{J«_ ê$n go {XE JE F$U Ho$ à{V\$b ñdê$n nm°{bgr H$m A§VaU `m Aä`n©U, Mmho `h nyU©V: hmo `m A§eV:, Zm_m§H$Z aÔ Zht hmoJm, bo{H$Z Zm_m§{H$V ì`pŠV Ho$ A{YH$mam| H$mo Cgr hX VH$ à^m{dV H$aoJm, Omo {H$ nm°{bgr _| A§V[aVr `m Aä`{n©Vr H$m {hV hmoJm:

eV© `h ^r h¡ {H$ Zm_m§H$Z Omo {H$ A§VaU `m Aä`n©U na CgHo$ n[aUm_ñdê$n AnZo Amn aÔ hþAm hmo, dh Zm_m§H$Z Aä`{n©Vr Ûmam nwZ: Aä`n©U `m A§V[aVr Ûmam F$U Ho$ ^wJVmZ na {gdm` ~r_mH$Vm© H$mo nm°{bgr H$s O_mZV na, nwZ: A§VaU go ñdV: nwZ: àMm{bV hmo OmEJm&

5. Ohm§ nm°{bgr H$s ^wJVmZ hoVw n[anŠdVm Cg ì`pŠV Ho$ OrdZH$mb _| hmoVr h¡ {OgHo$ OrdZ H$mo ~r{_V {H$`m J`m h¡ `m AJa Zm{_V ì`pŠV `m EH$ go A{YH$ Zm{_Vm| _| go g^r nm°{bgr Ho$ ^wJVmZ hoVw n[anŠd hmoZo go nhbo _a OmVo h¢, dhm§ nm°{bgr Ho$ A§VJ©V gwa{jV am{e H$m ^wJVmZ nm°{bgrYmaH$ `m CgHo$ CÎmam{YH$m[a`m| `m H$mZyZr à{V{Z{Y`m| `m CÎmam{YH$ma à_mUnÌ Ho$ YmaH$ H$mo, O¡gr ^r pñW{V hmo, {H$`m OmEJm&

6. Ohm§ EH$ `m A{YH$ Zm{_V hm| VWm EH$ `m EH$ go A{YH$ Zm{_V, Cg ì`pŠV Ho$ ~mX Or{dV ahVo h¢, {OgHo$ OrdZ H$mo ~r{_V {H$`m J`m h¡, Vmo nm°{bgr Ûmam gwa{jV H$s JB© am{e H$m ^wJVmZ Eogo CÎmaOrdr `m CÎmaOr{d`m| H$mo {H$¶m OmEJm&

7. Bg Ymam Ho$ AÝ` àmdYmZm| Ho$ AYrZ, Ohm§ ~r_m nm°{bgr Ho$ YmaH$ Zo AnZo OrdZ na AnZo _mVm/{nVm `m AnZo OrdZgmWr `m AnZo ~ÀMm| `m AnZo OrdZ gmWr Am¡a ~ÀMm| `m CZ_| go {H$gr H$mo Zm{_V {H$`m hmo, Eogo Zm{_V Cn-Ymam (6) Ho$ A§VJ©V ~r_mH$Vm© Ûmam Xo` am{e Ho$ {bE bm^mWu hm|Jo, O~ VH$ {H$ `h gm{~V Zht hmoVm {H$ nm°{bgr H$m YmaH$, nm°{bgr _| CgHo$ Q>mBQ>b H$s àH¥${V Ho$ AZwgma Zm_m§{H$V H$mo Eogm bm^mWu Q>mB{Q>b àXmZ Zht H$a gH$Vm h¡&

8. CnamoŠV H$ho JE Ho$ AYrZ, Ohm§ Zm{_V `m AJa EH$ go A{YH$ Zm{_V hm|, {OZ na Cn-Ymam (7) bmJy hmoVr h¡, nm°{bgr Ûmam gwa{jV am{e Ho$ ^wJVmZ go nhbo, bo{H$Z Cg ì`pŠV {OgHo$ OrdZ Ho$ ~r{_V {H$`m J`m h¡, Ho$ ~mX _a OmVm h¡ Vmo nm°{bgr Ûmam gwa{jV 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 dmbr nm°{bgr Ûmam gwa{jV am{e H$m ^wJVmZ Zm{_V `m Zm{_Vm| Ho$ CÎmam{YH$m[a`m| `m H$mZyZr à{V{Z{Y`m| `m CÎmam{YH$ma à_mUnÌ Ho$ YmaH$, O¡gr ^r pñW{V hmo, H$mo {H$`m OmEJm VWm do Eogr am{e H$mo nmZo Ho$ {bE A{YH¥$V bm^mWu hm|Jo&

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 {H$gr CYmaXmVm Ho$ A{YH$ma H$mo Zï> `m g_mßV Zht H$aoJm&

10. Cn-YmamAm| (7) Am¡a (8) Ho$ àmdYmZ ~r_m H$mZyZ (g§emoYZ) AÜ`mXoe 2015 Ho$ Ama§^ hmoZo Ho$ ~mX ^wJVmZ Ho$ {bE n[anŠd hmoZo dmbr OrdZ ~r_m H$s g^r nm°{b{g`m| na bmJy hm|Jo&

11. Ohm§ nm°{bgrYmaH$ H$s _¥Ë`w nm°{bgr Ho$ n[anŠd hmoZo Ho$ ~mX hþB© hmo, bo{H$Z nm°{bgr H$s Am` Am¡a {hVbm^ H$m ^wJVmZ Cgo CgH$s _¥Ë`w Ho$ H$maU Z hþE hm|, Vmo CgHo$ Ûmam Zm{_V CgH$s nm°{bgr Ho$ A§VJ©V Am_XZr Am¡a {hVbm^ H$mo nmZo H$m nmÌ hmoJm&

12. Bg Ymam Ho$ àmdYmZ OrdZ ~r_m H$s Eogr {H$gr nm°{bgr na bmJy Zht hm|Jo, {Og na {ddm{hV ór gån{Îm A{Y{Z`_ 1874 {H$ Ymam 6 bmJy hmoVr hmo `m H$^r bmJy {H$ JB© hmo&

limited to the amount secured by partial assignment or transfer andsuch policyholder shall not be entitled to further assign or transfer theresidual amount payable under the same policy.

Annexure – II Nomination - As per section 39 of the Insurance Act, 1938, as amended by Insurance Laws (Amendment) Act, 2015 1. The holder of a policy of life insurance on his own life may, when

effecting the policy or at any time before the policy matures for payment, nominate the person or persons to whom the money secured by the policy shall be paid in the event of his death:

Provided that, where any nominee is a minor, it shall be lawful for the policy holder to appoint any person in the manner laid down by theinsurer, to receive the money secured by policy in the event of his death during the minority of the nominee.

2. Any such nomination in order to be effectual shall, unless it is incorporated in the text of the policy itself, be made by anendorsement on the policy communicated to the insurer andregistered by him in the records relating to the policy and any such nomination may at any time before the policy matures for payment be cancelled or changed by an endorsement or a further endorsement or a will, as the case may be, but unless notice in writing of any such cancellation or change has been delivered to the insurer, the insurershall not be liable for any payment under the policy made bonafi deby him to a nominee mentioned in the text of the policy or registeredin records of the insurer.

3. The insurer shall furnish to the policy holder a written acknowledgement of having registered a nomination or a cancellation or change thereof,and may charge such fee as may be specifi ed by regulations forregistering such cancellation or change.

4. A transfer or assignment of a policy made in accordance with section 38 shall automatically cancel a nomination:

Provided that the assignment of a policy to the insurer who bears the risk on the policy at the time of the assignment, in consideration of a loan granted by that insurer on the security of the policy within its surrender value, or its reassignment on repayment of the loan shallnot cancel a nomination, but shall affect the rights of the nominee only to the extent of the insurer’s interest in the policy:

Provided further that the transfer or assignment of a policy, whether wholly or in part, in consideration of a loan advanced by the transfereeor assignee to the policyholder, shall not cancel the nomination but shall affect the rights of the nominee only to the extent of the interest of the transferee or assignee, as the case may be, in the policy:

Provided also that the nomination, which has been automatically cancelled consequent upon the transfer or assignment, the same nomination shall stand automatically revived when the policy isreassigned by the assignee or retransferred by the transferee in favour of the policyholder on repayment of loan other than on asecurity of policy to the insurer.

5. Where the policy matures for payment during the lifetime of theperson whose life is insured or where the nominee or, if there are more nominees than one, all the nominees die before the policy matures for payment, the amount secured by the policy shall be payable to the policyholder or his heirs or legal representatives or theholder of a succession certifi cate, as the case may be.

6. Where the nominee or if there are more nominees than one, anominee or nominees survive the person whose life is insured, theamount secured by the policy shall be payable to such survivor or survivors.

7. Subject to the other provisions of this section, where the holder of a policy of insurance on his own life nominates his parents, or his spouse, or his children, or his spouse and children, or any of them,the nominee or nominees shall be benefi cially entitled to the amount payable by the insurer to him or them under sub-section (6) unless it is proved that the holder of the policy, having regard to the natureof his title to the policy, could not have conferred any such benefi cialtitle on the nominee.

8. Subject as aforesaid, where the nominee, or if there are morenominees than one, a nominee or nominees, to whom sub-section(7) applies, die after the person whose life is insured but before theamount secured by the policy is paid, the amount secured by thepolicy, or so much of the amount secured by the policy as represents the share of the nominee or nominees so dying (as the case may be),shall be payable to the heirs or legal representatives of the nomineeor nominees or the holder of a succession certifi cate, as the case may be, and they shall be benefi cially entitled to such amount.

9. Nothing in sub-sections (7) and (8) shall operate to destroy or impede the right of any creditor to be paid out of the proceeds of any policy of life insurance.

10. The provisions of sub-sections (7) and (8) shall apply to all policies of life insurance maturing for payment after the commencement of theInsurance Laws (Amendment) Act, 2015.

11. Where a policyholder dies after the maturity of the policy but theproceeds and benefi t of his policy has not been made to him because of his death, in such a case, his nominee shall be entitled tothe proceeds and benefi t of his policy.

12. The provisions of this section shall not apply to any policy of life insurance to which section 6 of the Married Women’s Property Act, 1874, applies or has at any time applied:

VH$ gr{_V hmoJr VWm Eogm nm°{bgrYmaH$ Cgr nm°{bgr Ho$ A§VJ©V Xo` eof am{e Ho$ {bE nwZ: Aä`n©U `m A§VaU H$aZo H$m nmÌ Zht hmoJm&

n[a{eîQ> II~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m A{Y{Z`_, 1938~~Ymam 39 AZwgma1. OrdZ ~r_m H$s nm°{bgr H$m YmaH$ AnZo OrdZ na, nm°{bgr boVo g_` `m ^wJVmZ

hoVw nm°{bgr Ho$ n[anŠd hmoZo go nhbo {H$gr ^r g_`, {H$gr ì`pŠV `m ì`pŠV`m| H$mo Zm{_V H$a gH$Vm h¡, {Ogo/{OÝh| CgH$s _¥Ë`w H$s pñW{V _| nm°{bgr Ûmam g§a[jV am{e H$m ^wJVmZ {H$`m OmEJm&

eV© `h h¡ {H$, AJa Zm{_V ì`pŠV Zm~m{bJ hmo, Vmo nm°{bgrYmaH$ Ho$ {bE `h H$mZyZZ C{MV hmoJm {H$ ~r_mH$Vm© Ûmam {ZYm©[aV VarHo$ go {H$gr ì`pŠV H$mo {Z`wŠV H$ao Omo {H$ Zm{_V ì`pŠV Ho$ Zm~m{bJ ahZo Ho$ Xm¡amZ nm°{bgrYmaH$ H$s _¥Ë`w hmoZo na nm°{bgr Ûmam g§a{jV am{e H$mo àmßV H$a gHo$&

2. Eogo {H$gr Zm_m§H$Z H$mo à^mdr hmoZo Ho$ {bE, AJa dh nm°{bgr H$s eãX `moOZm _| {ZJ{_V Zht h¡, Vmo Cgo ~r{_V H$aZo Ho$ {bE gy{MV nm°{bgr na n¥ð>m§H$Z VWm nm°{bgr go g§~§{YV [aH$m°S>©²g _| CgHo$ Ûmam n§OrH$aU Ho$ μO[aE {ZJ{_V {H$`m OmEJm, VWm Eogo H$moB© Zm_m§H$Z nm°{bgr Ho$ n[anŠd hmoZo go nhbo {H$gr ^r g_` ^wJVmZ go nyd© {H$gr n¥ð>m§H$Z `m dgr`V, O¡gr ^r pñW{V hmo, Ûmam aÔ {H$E `m ~Xbo Om gH$Vo h¢, bo{H$Z AJa Bg àH$ma {ZañVrH$aU `m n[adV©Z Ho$ {bE ~r_mH$Vm© H$mo {b{IV _| gyMZm Z Xr JB© hmo Vmo ~r_mH$Vm© nm°{bgr Ho$ AV§J©V CgHo$ Ûmam dmñV{dH$ ~ZmE JE nm°{bgr H$s eãX `moOZm _| C{ëb{IV `m ~r_mH$Vm© Ho$ [aH$m°S>©²g _| n§OrH¥$V Zm_m§{H$V H$mo {H$gr ^wJVmZ Ho$ {bE Xm`r Zht hmoJm&

3. ~r_mH$Vm© Ûmam nm°{bgrYmaH$ H$mo Zm_m§H$Z Ho$ n§OrH¥$V H$amE OmZo `m CgHo$ {ZañVrH$aU `m ~Xbo OmZo Ho$ ~mao _| {b{IV nmdVr XoJm VWm {d{Z`_m| Ûmam {d{ZYm©[aV Eogo {ZañVrH$aU `m n[adV©Z H$mo n§OrH¥$V H$aZo Ho$ {bE ewëH$ ^r bo gH$Vm h¡&

4. Ymam 38 Ho$ AZwH«$_ _| nm°{bgr _| {H$gr A§VaU `m Aä`n©U go Zm_m§H$Z ñdV:aÔ hmo OmEJm:

eV© `h h¡ {H$ ~r_mH$Vm© H$mo nm°{bgr H$m Aä`n©U, Omo {H$ Aä`n©U Ho$ g_` nm°{bgr na Omo{I_ H$m dhZ H$aVm hmo, Cg ~r_mH$Vm© Ûmam nm°{bgr H$s O_mZV na, CgHo$ gaoÝS>a _yë` `m nwZ: Aä`n©U Ho$ A§VJ©V hmo, F$U ñdê$n H$s ^anmB© H$aZo na 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, {OVZm {H$ nm°{bgr _| ~r_mH$Vm© H$m {hV hmo:

AmJo eV© `h h¡ {H$ nm°{bgrYmaH$ H$mo A§V[a{V `m Aä`{n©Vr Ûmam A{J«_ ê$n go {XE JE F$U Ho$ à{V\$b ñdê$n nm°{bgr H$m A§VaU `m Aä`n©U, Mmho `h nyU©V: hmo `m A§eV:, Zm_m§H$Z aÔ Zht hmoJm, bo{H$Z Zm_m§{H$V ì`pŠV Ho$ A{YH$mam| H$mo Cgr hX VH$ à^m{dV H$aoJm, Omo {H$ nm°{bgr _| A§V[aVr `m Aä`{n©Vr H$m {hV hmoJm:

eV© `h ^r h¡ {H$ Zm_m§H$Z Omo {H$ A§VaU `m Aä`n©U na CgHo$ n[aUm_ñdê$n AnZo Amn aÔ hþAm hmo, dh Zm_m§H$Z Aä`{n©Vr Ûmam nwZ: Aä`n©U `m A§V[aVr Ûmam F$U Ho$ ^wJVmZ na {gdm` ~r_mH$Vm© H$mo nm°{bgr H$s O_mZV na, nwZ: A§VaU go ñdV:nwZ: àMm{bV hmo OmEJm&

5. Ohm§ nm°{bgr H$s ^wJVmZ hoVw n[anŠdVm Cg ì`pŠV Ho$ OrdZH$mb _| hmoVr h¡ {OgHo$ OrdZ H$mo ~r{_V {H$`m J`m h¡ `m AJa Zm{_V ì`pŠV `m EH$ go A{YH$ Zm{_Vm| _| go g^r nm°{bgr Ho$ ^wJVmZ hoVw n[anŠd hmoZo go nhbo _a OmVo h¢, dhm§ nm°{bgr Ho$ A§VJ©V gwa{jV am{e H$m ^wJVmZ nm°{bgrYmaH$ `m CgHo$ CÎmam{YH$m[a`m| `m H$mZyZr à{V{Z{Y`m| `m CÎmam{YH$ma à_mUnÌ Ho$ YmaH$ H$mo, O¡gr ^r pñW{V hmo, {H$`m OmEJm&

6. Ohm§ EH$ `m A{YH$ Zm{_V hm| VWm EH$ `m EH$ go A{YH$ Zm{_V, Cg ì`pŠV Ho$ ~mX Or{dV ahVo h¢, {OgHo$ OrdZ H$mo ~r{_V {H$`m J`m h¡, Vmo nm°{bgr Ûmam gwa{jV H$s JB© am{e H$m ^wJVmZ Eogo CÎmaOrdr `m CÎmaOr{d`m| H$mo {H$¶m OmEJm&

7. Bg Ymam Ho$ AÝ` àmdYmZm| Ho$ AYrZ, Ohm§ ~r_m nm°{bgr Ho$ YmaH$ Zo AnZo OrdZ na AnZo _mVm/{nVm `m AnZo OrdZgmWr `m AnZo ~ÀMm| `m AnZo OrdZ gmWr Am¡a ~ÀMm| `m CZ_| go {H$gr H$mo Zm{_V {H$`m hmo, Eogo Zm{_V Cn-Ymam (6) Ho$ A§VJ©V ~r_mH$Vm© Ûmam Xo` am{e Ho$ {bE bm^mWu hm|Jo, O~ VH$ {H$ `h gm{~V Zht hmoVm {H$ nm°{bgr H$m YmaH$, nm°{bgr _| CgHo$ Q>mBQ>b H$s àH¥${V Ho$ AZwgma Zm_m§{H$V H$mo Eogm bm^mWu Q>mB{Q>b àXmZ Zht H$a gH$Vm h¡&

8. CnamoŠV H$ho JE Ho$ AYrZ, Ohm§ Zm{_V `m AJa EH$ go A{YH$ Zm{_V hm|, {OZ na Cn-Ymam (7) bmJy hmoVr h¡, nm°{bgr Ûmam gwa{jV am{e Ho$ ^wJVmZ go nhbo, bo{H$Z Cg ì`pŠV {OgHo$ OrdZ Ho$ ~r{_V {H$`m J`m h¡, Ho$ ~mX _a OmVm h¡ Vmo nm°{bgr Ûmam gwa{jV 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 dmbr nm°{bgr Ûmam gwa{jV am{e H$m ^wJVmZ Zm{_V `m Zm{_Vm| Ho$ CÎmam{YH$m[a`m| `m H$mZyZr à{V{Z{Y`m| `m CÎmam{YH$ma à_mUnÌ Ho$ YmaH$, O¡gr ^r pñW{V hmo, H$mo {H$`m OmEJm VWm do Eogr am{e H$mo nmZo Ho$ {bE A{YH¥$V bm^mWu hm|Jo&

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 {H$gr CYmaXmVm Ho$ A{YH$ma H$mo Zï> `m g_mßV Zht H$aoJm&

10. Cn-YmamAm| (7) Am¡a (8) Ho$ àmdYmZ ~r_m H$mZyZ (g§emoYZ) AÜ`mXoe 2015 Ho$ Ama§^ hmoZo Ho$ ~mX ^wJVmZ Ho$ {bE n[anŠd hmoZo dmbr OrdZ ~r_m H$s g^r nm°{b{g`m| na bmJy hm|Jo&

11. Ohm§ nm°{bgrYmaH$ H$s _¥Ë`w nm°{bgr Ho$ n[anŠd hmoZo Ho$ ~mX hþB© hmo, bo{H$Z nm°{bgr H$s Am` Am¡a {hVbm^ H$m ^wJVmZ Cgo CgH$s _¥Ë`w Ho$ H$maU Z hþE hm|, Vmo CgHo$ Ûmam Zm{_V CgH$s nm°{bgr Ho$ A§VJ©V Am_XZr Am¡a {hVbm^ H$mo nmZo H$m nmÌ hmoJm&

12. Bg Ymam Ho$ àmdYmZ OrdZ ~r_m H$s Eogr {H$gr nm°{bgr na bmJy Zht hm|Jo, {Og na {ddm{hV ór gån{Îm A{Y{Z`_ 1874 {H$ Ymam 6 bmJy hmoVr hmo `m H$^r bmJy {H$ JB© hmo&

28177 Jeevan Labh Policy document_21-01.indd Spread 6 of 8 - Pages(6, 11)28177 Jeevan Labh Policy document_21-01.indd Spread 6 of 8 - Pages(6, 11) 15-02-2016 05:11:4515-02-2016 05:11:45

Page 7: EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m

Annexure I

Assignment – As per section 38 of the Insurance Act, 1938, as amended by Insurance Laws (Amendment) Act, 2015

1. A transfer or assignment of a policy of insurance, wholly or in part, whether 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 or by the assignor or his duly authorised agent and attested by at least one witness, specifi cally setting forth the fact of transfer or assignment and the reasons thereof, the antecedents of the assignee and the terms on which the assignment is made.

2. An insurer may, accept the transfer or assignment, or decline to act upon any endorsement made under sub-section(1), where it has suffi cient reason to believe that such transfer or assignment is not bonafi de or is not in the interest of the policy-holder or in public interest or is for the purpose of trading of insurance policy.

3. The insurer shall, before refusing to act upon the endorsement, record in writing the reasons for such refusal and communicate the same to the policyholder not later than thirty days from the date of the policyholder giving notice of such transfer or assignment.

4. Any person aggrieved by the decision of an insurer to decline to act upon such transfer or assignment may within a period of thirty days from the date of receipt of the communication from the insurer containing reasons for such refusal, prefer a claim to the Authority.

5. Subject to the provisions in sub-section (2), the transfer or assignment shall be complete and effectual upon the execution of such endorsement or instrument duly attested but except, where the transfer or assignment is in favour of the insurer, shall not be operative as against an insurer, and shall not confer upon the transferee or assignee, or his legal representative, any right to sue for the amount of such policy or the moneys secured thereby until a notice in writing of the transfer or assignment and either the said endorsement or instrument itself or a copy thereof certifi ed to be correct by both transferor and transferee or their duly authorised agents have been delivered to the insurer:

Provided that where the insurer maintains one or more places of business in India, such notice shall be delivered only at the place where the policy is being serviced.

6. The date on which the notice referred to in sub-section (5) is delivered to the insurer shall regulate the priority of all claims under a transfer or assignment as between persons interested in the policy; and where there is more than one instrument of transfer or assignment the priority of the claims under such instruments shall be governed by the order in which the notices referred to in sub-section (5) are delivered:

Provided that if any dispute as to priority of payment arises as between assignees, the dispute shall be referred to the Authority.

7. Upon the receipt of the notice referred to in sub-section (5), the insurer shall record the fact of such transfer or assignment together with the date thereof 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 specifi ed by the regulations, grant a written acknowledgement of the receipt of such notice; and any such acknowledgement shall be conclusive evidence against the insurer that he has duly received the notice to which such acknowledgment relates.

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), recognize the transferee or assignee named in the notice as the absolute transferee or assignee or entitled to benefi t under the policy, and such person shall be subject to all liabilities and equities to which the transferor or assignor was subject at the date of the transfer or assignment and may institute any proceedings in relation to the policy, obtain a loan under the policy or surrender the policy without obtaining the consent of the transferor or assignor or making him a party to such proceedings.

Explanation – Except where the endorsement referred to in sub-section (1) expressly indicates that the assignment or transfer is conditional in terms of subsection (10) hereunder, every assignment or transfer shall be deemed to be an absolute assignment or transfer and the assignee or transferee, as the case may be, shall be deemed to be the absolute assignee or transferee respectively.

9. Any rights and remedies of an assignee or transferee of a policy of life insurance under an assignment or transfer effected prior to the commencement of the Insurance Laws (Amendment) Act, 2015 shall not be affected by the provisions of this section.

10. Notwithstanding any law or custom having the force of law to the contrary, an assignment in favour of a person made upon the condition that -

a. The proceeds under the policy shall become payable to the policyholder or the nominee or nominees in the event of either the assignee or transferee predeceasing the insured; or

b. The insured surviving the term of the policy , shall be valid:

Provided that a conditional assignee shall not be entitled to obtain a loan on the policy or surrender a policy.

11. In the case of the partial assignment or transfer of a policy of insurance under sub-section (1), the liability of the insurers shall be

n[a{eîQ> I~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m A{Y{Z`_, 1938 Ymam 38 AZwgma1. ~r_m nm°{bgr H$m A§VaU `m Aä`n©U, nyU©V: `m A§eV: à{V\$bg{hV `m BgHo$

{~Zm, 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© `m Aä`n©UH$Vm© `m CZHo$ A{YH¥$V EOoÝQ> Ûmam {H$`m Om gH$Vm h¡, {Ogo H$_ go H$_ EH$ gmjr Ûmam gË`m{nV {H$`m OmZm Mm{hE, {deof ê$n go A§VaU `m Aä`n©U Ho$ VÏ` Am¡a H$maU, Aä`{n©Vr Ho$ nyd©d¥Îm Am¡a Aä`n©U H$s eVm] H$m CëboI H$aVo hþE&

2. ~r_mH$Vm© Cn-Ymam (1) Ho$ A§VJ©V {H$E JE {H$gr A§VaU `m Aä`n©U H$mo ñdrH$ma H$a gH$Vm h¡ `m {H$gr n¥ð>m§H$Z H$mo ñdrH$ma H$aZo go _Zm H$a gH$Vm h¡, AJa CgHo$ nmg `h _mZZo H$m n`m©ßV H$maU hmo {H$ `h A§VaU `m Aä`n©U dmñV{dH$ Zht h¡ `m nm°{bgrYmaH$ Ho$ {hV _| `m OZ{hV ‘| Zht h¡ `m ~r_m nm°{bgr H$s Q´>oqS>J Ho$ à`moOZ hoVw h¡ &

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$maU H$mo {b{IV _| XO© H$aoJm VWm nm°{bgrYmaH$ Ûmam Eogo A§VaU `m Aä`n©U H$m Zmo{Q>g XoZo H$s {V{W go 30 {XZm| Ho$ A§Xa Eogr AñdrH¥${V go nm°{bgrYmaH$ H$mo gy{MV H$aoJm&

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$moB© ì`pŠV ~r_mH$Vm© go H$maU g{hV BÝH$ma H$s gyMZm {_bZo H$s {V{W go 30 {XZm| Ho$ A§Xa àm{YH$mar Ho$ nmg AnZm Xmdm aI gH$Vm h¡&

5. Cn-Ymam (2) Ho$ àmdYmZm| Ho$ AYrZ, A§VaU `m Aä`n©U nyU© hmoJm VWm Eogo n¥ð>m§H$Z `m {d{YdV gË`m{nV B§ñQ¯>_oÝQ> na A_b à^mdr hmoJm, {gdm` dhm§ Ohm§ A§VaU `m Aä`n©U ~r_mH$Vm© Ho$ nj _| h¡, ~r_mH$Vm© Ho$ {dê$Õ à^mdr Z hmoJm, VWm `h A§V[aVr `m Aä`{n©Vr `m CZHo$ H$mZyZr à{V{Z{Y H$mo Eogr nm°{bgr Ho$ A§VJ©V am{e Ho$ {bE H$mZyZr Xmdm H$aZo `m CZHo$ Ûmam YZam{e H$mo gwa{jV H$aZo H$m A{YH$ma Zht XoVm h¡& O~ VH$ {H$ A§VaU `m Aä`n©U H$m {b{IV _| Zmo{Q>g `m CŠV n¥ð>m§H$Z `m B§ñQ¯>_oÝQ> H$s à{V, {Ogo A§VaUH$Vm© VWm A§V[aVr XmoZm| `m CZHo$ {d{YdV A{YH¥$V EOoÝQ²>g Ûmam gË` hmoZo Ho$ {bE gË`m{nV {H$`m J`m hmo, ~r_mH$Vm© H$mo gm¢nm Zht OmVm h¡&

~eV] Ohm§ ~r_mH$Vm© Ho$ ^maV _| EH$ `m A{YH$ H$mamo~ma Ho$ ñWmZ hmo, dhm§ Zmo{Q>g H$mo Ho$db dht na {X`m OmZm h¡, Ohm§ go nm°{bgr H$mo godm àXmZ H$s Om ahr h¡&

6. {Og {V{W H$mo Cn-Ymam (5) _| g§X[^©V Zmo{Q>g ~r_mH$Vm© H$mo gwnwX© {H$`m OmVm h¡, Cggo dh nm°{bgr _| {hV aIZo dmbo g^r ì`pŠV`m| Ho$ ~rM A§VaU `m Aä`n©U Ho$ A§VJ©V g^r Xmdm| Ho$ {bE àmW{_H$Vm H$mo {d{Z`{_V H$aoJr, VWm Ohm§ A§VaU `m Aä`n©U Ho$ EH$ go A{YH$ B§ñQ¯>_oÝQ> hm| dhm§ Eogo B§ñQ¯>_oÝQ²>g Ho$ A§VJ©V Xmdm| H$s àmW{_H$Vm Cg H«$_ Ûmam em{gV hmoJr, {Og_| Cn-Ymam (5) _| g§X{^©V Zmo{Q>g gwnwX© {H$E JE h¢&

Aä`{n©Vm| Ho$ ~rM ^wJVmZ H$s àmW{_H$Vm Ho$ ~mao _| H$moB© {ddmX CËnÝZ hmoZo na Cgo àm{YH$mar H$mo g§X{^©V {H$`m OmEJm&

7. Cn-Ymam (5) _| g§X{^©V Zmo{Q>g Ho$ àmßV hmoZo na, Eogo A§VaU `m Aä`n©U Ho$ VÏ` H$mo CgH$s {V{W VWm A§V[aVr `m Aä`{n©Vr Ho$ Zm_ Ho$ gmW XO© H$aoJm VWm Zmo{Q>g XoZo dmbo ì`pŠV Ûmam AZwamoY {H$E OmZo na, `m AJa A§V[aVr `m Aä`{n©Vr, {d{Z`_m| Ûmam {ZYm©[aV H$s JB© \$sg Ho$ ^wJVmZ na, Eogo Zmo{Q>g Ho$ àmßV hmoZo H$s {b{IV nmdVr XoVm h¡; Am¡a Eogr {H$gr nmdVr H$mo ~r_mH$Vm© Ho$ {dê$Õ Bg ~mV H$m {ZîH$fu gmú` _mZm OmEJm {H$ Cgo nmdVr go g§~§{YV Zmo{Q>g {d{YdV àmßV hþAm h¡&

8. A§VaU `m Aä`n©U 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 Aä`{n©Vr H$s nhMmZ H$aoJm `m Eogm ì`pŠV CZ g^r Xm{`VmAm| VWm BpŠd{Q>`m| Ho$ AYrZ hmoJm, {OgH$m {H$ A§VaU `m Aä`n©U H$s {V{W H$mo A§VaUH$Vm© `m Aä`n©UH$Vm© 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 F$U àmßV H$a gH$Vm h¡ `m A§VaUH$Vm© `m Aä`n©UH$Vm© H$s gh_{V àmßV {H$E {~Zm nm°{bgr H$mo gaoÝS>a H$a gH$Vm h¡ `m Cgo Eogr H$ma©dmB© H$m EH$ nj ~Zm gH$Vm h¡&

ñnï>rH$aU - {gdm` BgHo$ {H$ Ohm§ Cn-Ymam (1) _| g§X[^©V n¥ð>m§H$Z ñnï> ê$n go CëboI H$aVm hmo {H$ Aä`n©U `m A§VaU, `hm§ Xr JB© Cn-Ymam (10) Ho$ A§VJ©V geV© h¡, àË`oH$ Aä`n©U `m A§VaU H$mo nyU© Aä`n©U `m A§VaU _mZm OmEJm VWm Aä`{n©Vr `m A§V[aVr H$mo, O¡gr ^r pñW{V hmo, H«$_e: nyU© Aä`{n©Vr `m A§V[aVr _mZm OmEJm&

9. ~r_m H$mZyZ (g§emoYZ) AÜ`mXoe 2015 Ho$ Ama§^ hmoZo go nhbo {H$E JE {H$gr Aä`n©U `m A§VaU go OrdZ ~r_m H$s nm°{bgr Ho$ {H$gr Aä`{n©Vr `m A§V[aVr Ho$ A{YH$ma d CnMma Bg Ymam Ho$ àmdYmZm| Ûmam à^m{dV Zht hm|Jo&

10. {H$gr H$mZyZ Ho$ hmoZo Ho$ ~mdOyX `m J«mhH$ H$s H$mZyZ Ho$ à{VHy$b ~mÜ`Vm hmoZo na, ì`pŠV Ho$ nj _| Aä`n©U Bg Xem _| {H$`m Om gH$Vm h¡ {H$

A. nm°{bgr Ho$ A§VJ©V YZam{e nm°{bgrYmaH$ `m Zm{_V ì`pŠV `m Zm{_V ì`pŠV`m| H$mo Cg Xem _| Xo` hmo gH$Vr h¡ AJa Aä`{n©Vr `m A§V[aVr H$s _¥Ë`w ~r_mYmaH$ go nhbo hmo OmVr h¡; `m

~. ~r_mYmaH$ nm°{bgr H$s Ad{Y VH$ Or{dV ahVm h¡, _mÝ` hmoJm:

VWm{n geV© Aä`{n©Vr nm°{bgr H$mo gaoÝS>a H$aZo `m nm°{bgr na bmoZ boZo H$m nmÌ Zht hmoJm&

11. Cn-Ymam (1) Ho$ A§VJ©V ~r_m nm°{bgr Ho$ Am§[eH$ Aä`n©U `m A§VaU H$s Xem _|, ~r_mH$Vm© H$s Xm{`Vm Am§{eH$ Aä`n©U `m A§VaU Ûmam gwa{jV H$s JB© am{e

Annexure I

Assignment – As per section 38 of the Insurance Act, 1938, asamended by Insurance Laws (Amendment) Act, 2015

1. A transfer or assignment of a policy of insurance, wholly or in part,whether with or without consideration, may be made only by anendorsement upon the policy itself or by a separate instrument, signed in either case by the transferor or by the assignor or his duly authorised agent and attested by at least one witness, specifi callysetting forth the fact of transfer or assignment and the reasonsthereof, the antecedents of the assignee and the terms on which the assignment is made.

2. An insurer may, accept the transfer or assignment, or decline toact upon any endorsement made under sub-section(1), where ithas suffi cient reason to believe that such transfer or assignment is not bonafi de or is not in the interest of the policy-holder or in publicinterest or is for the purpose of trading of insurance policy.

3. The insurer shall, before refusing to act upon the endorsement, record in writing the reasons for such refusal and communicate the same to the policyholder not later than thirty days from the date of the policyholder giving notice of such transfer or assignment.

4. Any person aggrieved by the decision of an insurer to decline to act upon such transfer or assignment may within a period of thirtydays from the date of receipt of the communication from the insurer containing reasons for such refusal, prefer a claim to the Authority.

5. Subject to the provisions in sub-section (2), the transfer or assignment shall be complete and effectual upon the execution of such endorsement or instrument duly attested but except, where the transfer or assignment is in favour of the insurer, shall not be operativeas against an insurer, and shall not confer upon the transferee orassignee, or his legal representative, any right to sue for the amountof such policy or the moneys secured thereby until a notice in writingof the transfer or assignment and either the said endorsement or instrument itself or a copy thereof certifi ed to be correct by both transferor and transferee or their duly authorised agents have been delivered to the insurer:

Provided that where the insurer maintains one or more places ofbusiness in India, such notice shall be delivered only at the placewhere the policy is being serviced.

6. The date on which the notice referred to in sub-section (5) is deliveredto the insurer shall regulate the priority of all claims under a transfer or assignment as between persons interested in the policy; and where there is more than one instrument of transfer or assignmentthe priority of the claims under such instruments shall be governedby the order in which the notices referred to in sub-section (5) aredelivered:

Provided that if any dispute as to priority of payment arises asbetween assignees, the dispute shall be referred to the Authority.

7. Upon the receipt of the notice referred to in sub-section (5), the insurer shall record the fact of such transfer or assignment togetherwith the date thereof and the name of the transferee or the assigneeand shall, on the request of the person by whom the notice was givenor of the transferee or assignee, on payment of such fee as may be specifi ed by the regulations, grant a written acknowledgement ofthe receipt of such notice; and any such acknowledgement shall be conclusive evidence against the insurer that he has duly received the notice to which such acknowledgment relates.

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), recognize the transferee or assignee named in the notice as the absolute transferee or assignee or entitled to benefi tunder the policy, and such person shall be subject to all liabilities and equities to which the transferor or assignor was subject at the date of the transfer or assignment and may institute any proceedings in relation to the policy, obtain a loan under the policy or surrender the policy without obtaining the consent of the transferor or assignor or making him a party to such proceedings.

Explanation – Except where the endorsement referred to in sub-section (1) expressly indicates that the assignment or transfer is conditional in terms of subsection (10) hereunder, every assignmentor transfer shall be deemed to be an absolute assignment or transfer and the assignee or transferee, as the case may be, shall be deemedto be the absolute assignee or transferee respectively.

9. Any rights and remedies of an assignee or transferee of a policy of life insurance under an assignment or transfer effected prior to the commencement of the Insurance Laws (Amendment) Act, 2015 shallnot be affected by the provisions of this section.

10. Notwithstanding any law or custom having the force of law to the contrary, an assignment in favour of a person made upon thecondition that -

a. The proceeds under the policy shall become payable to thepolicyholder or the nominee or nominees in the event of either the assignee or transferee predeceasing the insured; or

b. The insured surviving the term of the policy , shall be valid:

Provided that a conditional assignee shall not be entitled to obtaina loan on the policy or surrender a policy.

11. In the case of the partial assignment or transfer of a policy of insurance under sub-section (1), the liability of the insurers shall be

n[a{eîQ> I~r_m H$mZyZ (g§emoYZ) A{Y{Z`_, 2015 Ûmam `Wmg§emo{YV ~r_m A{Y{Z`_, 1938Ymam 38 AZwgma1. ~r_m nm°{bgr H$m A§VaU `m Aä`n©U, nyU©V: `m A§eV: à{V\$bg{hV `m BgHo$

{~Zm, 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© `m Aä`n©UH$Vm© `m CZHo$ A{YH¥$V EOoÝQ> Ûmam {H$`m Om gH$Vm h¡, {Ogo H$_ go H$_ EH$ gmjr Ûmam gË`m{nV {H$`m OmZm Mm{hE, {deof ê$n go A§VaU `m Aä`n©U Ho$ VÏ` Am¡a H$maU, Aä`{n©Vr Ho$ nyd©d¥Îm Am¡a Aä`n©U H$s eVm] H$m CëboI H$aVo hþE&

2. ~r_mH$Vm© Cn-Ymam (1) Ho$ A§VJ©V {H$E JE {H$gr A§VaU `m Aä`n©U H$mo ñdrH$ma H$a gH$Vm h¡ `m {H$gr n¥ð>m§H$Z H$mo ñdrH$ma H$aZo go _Zm H$a gH$Vm h¡, AJa CgHo$ nmg `h _mZZo H$m n`m©ßV H$maU hmo {H$ `h A§VaU `m Aä`n©U dmñV{dH$ Zht h¡ `m nm°{bgrYmaH$ Ho$ {hV _| `m OZ{hV ‘| Zht h¡ `m ~r_m nm°{bgr H$s Q´>oqS>J Ho$ à`moOZ hoVw h¡ &

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$maU H$mo {b{IV _| XO© H$aoJm VWm nm°{bgrYmaH$ Ûmam Eogo A§VaU `m Aä`n©U H$m Zmo{Q>g XoZo H$s {V{W go 30 {XZm| Ho$ A§Xa Eogr AñdrH¥${V go nm°{bgrYmaH$ H$mo gy{MV H$aoJm&

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$moB© ì`pŠV ~r_mH$Vm© go H$maU g{hV BÝH$ma H$s gyMZm {_bZo H$s {V{W go 30{XZm| Ho$ A§Xa àm{YH$mar Ho$ nmg AnZm Xmdm aI gH$Vm h¡&

5. Cn-Ymam (2) Ho$ àmdYmZm| Ho$ AYrZ, A§VaU `m Aä`n©U nyU© hmoJm VWm Eogo n¥ð>m§H$Z `m {d{YdV gË`m{nV B§ñQ¯>_oÝQ> na A_b à^mdr hmoJm, {gdm` dhm§ Ohm§ A§VaU `m Aä`n©U ~r_mH$Vm© Ho$ nj _| h¡, ~r_mH$Vm© Ho$ {dê$Õ à^mdr Z hmoJm, VWm `h A§V[aVr `m Aä`{n©Vr `m CZHo$ H$mZyZr à{V{Z{Y H$mo Eogr nm°{bgr Ho$ A§VJ©V am{e Ho$ {bE H$mZyZr Xmdm H$aZo `m CZHo$ Ûmam YZam{e H$mo gwa{jV H$aZo H$m A{YH$ma Zht XoVm h¡& O~ VH$ {H$ A§VaU `m Aä`n©U H$m {b{IV _| Zmo{Q>g `m CŠV n¥ð>m§H$Z `m B§ñQ¯>_oÝQ> H$s à{V, {Ogo A§VaUH$Vm© VWm A§V[aVr XmoZm| `m CZHo$ {d{YdV A{YH¥$V EOoÝQ²>g Ûmam gË` hmoZo Ho$ {bE gË`m{nV {H$`m J`m hmo,~r_mH$Vm© H$mo gm¢nm Zht OmVm h¡&

~eV] Ohm§ ~r_mH$Vm© Ho$ ^maV _| EH$ `m A{YH$ H$mamo~ma Ho$ ñWmZ hmo, dhm§ Zmo{Q>g H$mo Ho$db dht na {X`m OmZm h¡, Ohm§ go nm°{bgr H$mo godm àXmZ H$s Om ahr h¡&

6. {Og {V{W H$mo Cn-Ymam (5) _| g§X[^©V Zmo{Q>g ~r_mH$Vm© H$mo gwnwX© {H$`m OmVm h¡, Cggo dh nm°{bgr _| {hV aIZo dmbo g^r ì`pŠV`m| Ho$ ~rM A§VaU `m Aä`n©U Ho$ A§VJ©V g^r Xmdm| Ho$ {bE àmW{_H$Vm H$mo {d{Z`{_V H$aoJr, VWm Ohm§ A§VaU `m Aä`n©U Ho$ EH$ go A{YH$ B§ñQ¯>_oÝQ> hm| dhm§ Eogo B§ñQ¯>_oÝQ²>g Ho$ A§VJ©V Xmdm| H$s àmW{_H$Vm Cg H«$_ Ûmam em{gV hmoJr, {Og_| Cn-Ymam (5) _| g§X{^©V Zmo{Q>g gwnwX© {H$E JE h¢&

Aä`{n©Vm| Ho$ ~rM ^wJVmZ H$s àmW{_H$Vm Ho$ ~mao _| H$moB© {ddmX CËnÝZ hmoZo na Cgo àm{YH$mar H$mo g§X{^©V {H$`m OmEJm&

7. Cn-Ymam (5) _| g§X{^©V Zmo{Q>g Ho$ àmßV hmoZo na, Eogo A§VaU `m Aä`n©U Ho$ VÏ` H$mo CgH$s {V{W VWm A§V[aVr `m Aä`{n©Vr Ho$ Zm_ Ho$ gmW XO© H$aoJm VWm Zmo{Q>g XoZo dmbo ì`pŠV Ûmam AZwamoY {H$E OmZo na, `m AJa A§V[aVr `m Aä`{n©Vr, {d{Z`_m| Ûmam {ZYm©[aV H$s JB© \$sg Ho$ ^wJVmZ na, Eogo Zmo{Q>g Ho$ àmßV hmoZo H$s {b{IV nmdVr XoVm h¡; Am¡a Eogr {H$gr nmdVr H$mo ~r_mH$Vm© Ho$ {dê$Õ Bg ~mV H$m {ZîH$fu gmú` _mZm OmEJm {H$ Cgo nmdVr go g§~§{YV Zmo{Q>g {d{YdV àmßV hþAm h¡&

8. A§VaU `m Aä`n©U 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 Aä`{n©Vr H$s nhMmZ H$aoJm `m Eogm ì`pŠV CZ g^r Xm{`VmAm| VWm BpŠd{Q>`m| Ho$ AYrZ hmoJm, {OgH$m {H$ A§VaU `m Aä`n©U H$s {V{W H$mo A§VaUH$Vm© `m Aä`n©UH$Vm© 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 F$U àmßV H$a gH$Vm h¡ `m A§VaUH$Vm© `m Aä`n©UH$Vm© H$s gh_{V àmßV {H$E {~Zm nm°{bgr H$mo gaoÝS>a H$a gH$Vm h¡ `m Cgo Eogr H$ma©dmB© H$m EH$ nj ~Zm gH$Vm h¡&

ñnï>rH$aU - {gdm` BgHo$ {H$ Ohm§ Cn-Ymam (1) _| g§X[^©V n¥ð>m§H$Z ñnï> ê$n go CëboI H$aVm hmo {H$ Aä`n©U `m A§VaU, `hm§ Xr JB© Cn-Ymam (10) Ho$ A§VJ©V geV© h¡, àË`oH$ Aä`n©U `m A§VaU H$mo nyU© Aä`n©U `m A§VaU _mZm OmEJm VWm Aä`{n©Vr `m A§V[aVr H$mo, O¡gr ^r pñW{V hmo, H«$_e: nyU© Aä`{n©Vr `m A§V[aVr _mZm OmEJm&

9. ~r_m H$mZyZ (g§emoYZ) AÜ`mXoe 2015 Ho$ Ama§^ hmoZo go nhbo {H$E JE {H$gr Aä`n©U `m A§VaU go OrdZ ~r_m H$s nm°{bgr Ho$ {H$gr Aä`{n©Vr `m A§V[aVr Ho$ A{YH$ma d CnMma Bg Ymam Ho$ àmdYmZm| Ûmam à^m{dV Zht hm|Jo&

10. {H$gr H$mZyZ Ho$ hmoZo Ho$ ~mdOyX `m J«mhH$ H$s H$mZyZ Ho$ à{VHy$b ~mÜ`Vm hmoZo na, ì`pŠV Ho$ nj _| Aä`n©U Bg Xem _| {H$`m Om gH$Vm h¡ {H$

A. nm°{bgr Ho$ A§VJ©V YZam{e nm°{bgrYmaH$ `m Zm{_V ì`pŠV `m Zm{_V ì`pŠV`m| H$mo Cg Xem _| Xo` hmo gH$Vr h¡ AJa Aä`{n©Vr `m A§V[aVr H$s _¥Ë`w ~r_mYmaH$ go nhbo hmo OmVr h¡; `m

~. ~r_mYmaH$ nm°{bgr H$s Ad{Y VH$ Or{dV ahVm h¡, _mÝ` hmoJm:

VWm{n geV© Aä`{n©Vr nm°{bgr H$mo gaoÝS>a H$aZo `m nm°{bgr na bmoZ boZo H$m nmÌ Zht hmoJm&

11. Cn-Ymam (1) Ho$ A§VJ©V ~r_m nm°{bgr Ho$ Am§[eH$ Aä`n©U `m A§VaU H$s Xem _|, ~r_mH$Vm© H$s Xm{`Vm Am§{eH$ Aä`n©U `m A§VaU Ûmam gwa{jV H$s JB© am{e

higher than such age, without prejudice to the Corporation’s other rights and remedies, including those under the Insurance Act, 1938, the premiums shall be payable in such case at the rate calculated on the Basic Sum Assured and Rider(s) Sum Assured, if opted for, for the correct age at entry, and the accumulated difference between the premiums for the correct age and the original premiums, from the commencement of the Policy upto the date of such payment shall be paid to the Corporation with interest at such rate as fi xed by the Corporation from time to time. However, in case the Life Assured/Proposer continues to pay the premiums at the rates shown herein, and also does not pay the above mentioned accumulated debt, the accumulated difference between the premiums for the correct age and the original premiums from the commencement of this Policy up to the date on which the Policy becomes a claim, with interest on each instalment of such difference at such rate as may be fi xed by the Corporation from time to time, shall accrue and be treated as a debt due by the Life Assured / Proposer against the said Policy and shall be deducted from the Policy moneys payable on the Policy becoming a claim.

Provided further that if the Life Assured’s correct age at entry is such as would have made him/her uninsurable under the class or terms of assurance specifi ed in the said Schedule hereto, the class or terms shall stand altered to such Plan of Assurance as are granted by the Corporation according to the practice in force at the commencement of this policy subject to the consent of the Policyholder, otherwise the policy will be cancelled.

2. Forfeiture and Non-forfeiture Regulations: Forfeiture Regulations:

i. If less than three years’ premiums have been paid and any subsequent premium be not duly paid, all the benefi ts shall cease after the expiry of grace period from the date of fi rst unpaid premium and nothing shall be payable , and the Premiums paid thitherto are also not refundable.

ii. Forfeiture in Certain Other Events: In case any condition herein contained or endorsed hereon be contravened or in case it is found that any untrue or incorrect statement is contained in the proposal, personal statement, declaration and connected documents or any material information is withheld, then and in every such case this policy shall be void and all claims to any benefi t in virtue of this policy shall be subject to the provisions of Section 45 of the Insurance Act, 1938, as amended from time to time.

Non-forfeiture Regulations: If, after atleast three full years’ premiums have been paid and any

subsequent premiums be not duly paid, this policy shall not be wholly void, but shall subsist as a paid-up policy.

The Sum Assured on Death under a paid-up policy shall be reduced to such a sum, called ‘Death Paid-up Sum Assured’ and shall be equal to [Sum Assured on Death * (Number of premiums paid / Total Number of premiums payable during the Premium Paying Term)].

The Sum Assured on Maturity under a paid-up policy shall be reduced to such a sum called ‘Maturity Paid-up Sum Assured’ and shall be equal to [Sum Assured on Maturity * (Number of premiums paid / Total Number of premiums payable during the Premium Paying Term)].

If a policy continues as a paid up policy the same shall not be entitled to participate in future profi ts. However, the vested simple reversionary bonuses, if any, shall remain attached to the reduced paid up policy.

Notwithstanding what is stated above, if atleast 3 full years’ premiums have been paid in respect of this policy, and any subsequent premium be not duly paid, in the event of the death of the Life Assured within six months from the due date of fi rst unpaid premium, “Sum Assured on Death” along with vested simple reversionary bonuses, and Final Additional Bonuses, if any, will be paid after deduction of (a) the premium(s) for the base policy unpaid with interest thereon upto the date of death, on the same terms as for revival of the Policy during such period and (b) the balance premium(s) for the base policy falling due from the date of death and before the next policy anniversary.

Notwithstanding what is stated above, if at least 5 full years’ premiums have been paid in respect of this policy, and any subsequent premium be not duly paid, in the event of death of the Life Assured within 12 months from the fi rst unpaid premium, “Sum Assured on Death” along with vested Simple Reversionary Bonuses and Final Additional Bonus, if any, will be paid after deduction of (a) the premium(s) for the base policy unpaid with interest thereon upto the date of death, on the same terms as for revival of the Policy during such period and (b) the balance premium(s) for the base policy falling due from the date of death and before the next policy anniversary.

These provisions do not apply to optional Rider(s) as they do not acquire any paid up value and the rider benefi t ceases to apply, if policy is in lapsed condition.

3. Revival of lapsed Policies: If the Policy has lapsed due to non payment of due premium within the days of grace, it may be revived during the life time of the Life Assured, but within a period of 2 consecutive years from the date of the fi rst unpaid premium, on submission of proof of continued insurability to the satisfaction of the Corporation and the payment of all the arrears of premium together with interest (compounding half-yearly) at such rate as fi xed by the Corporation from time to time. The Corporation however, reserves the right to accept at original terms, accept with modifi ed terms or decline the revival of a discontinued policy. The revival of the discontinued policy shall take effect only after the same is approved by the Corporation and is specifi cally communicated to the Life Assured.

^mJ - X: godm àXmZ H$aZo Ho$ nhby go g§~§{YV eV] 1. C_« H$m à_mU: àñVmd ànÌ _| Kmo{fV H$s JB© ~r{_V ì`pŠV H$s C_« na àr{_`_

H$s JUZm hmo OmZo Ho$ níMmV `{X C_« Cg C_« go A{YH$ nm`r OmVr h¡ Vmo {~Zm {H$gr nydm©J«h ~r_m A{Y{Z`_ 1938 Ho$ A§VJ©V CnbãY A{YH$mam| Am¡a CnMmam| g{hV {ZJ_ Ho$ AÝ` A{YH$mam| Am¡a CnMmam| H$mo j{V nhþ§MmE {~Zm, Eogo _m_bo _| àr{_`_ g_` ghr C_« Ho$ AmYma na _yb ~r_mam{e Am¡a amBS>g© ~r_mam{e, AJa {b`m J`m hmo Vmo, Ho$ {bE {ZH$mbr JB© Xa go Xo` hmoJm Am¡a ~r{_V ì`pŠV/àñVmdH$ {ZJ_ H$mo nm°{bgr Ama§^ hmoZo go boH$a Eogo ^wJVmZ H$s {V{W VH$ _yb àr{_`_ Am¡a ghr C_« Ho$ {bE àr{_`_ Ho$ ~rM A§Va H$s g§{MV am{e Am¡a Cg na Cgr Ad{Y Ho$ {bE {ZJ_ Ûmam Cg g_` àM{bV {ZYm©[aV Xa na ã`mO g{hV ^wJVmZ H$aoJm& VWm{n, àmdYmZ h¡ {H$ `{X ~r{_V ì`pŠV àñVmdH$ Bg_| Cpëb{IV àr{_`_ H$s Xa go ^wJVmZ H$aVm aho Am¡a Cn`wŠV g§{MV F$U am{e H$m ^wJVmZ Z H$ao Vmo nm°{bgr àma§^ hmoZo H$s {V{W go nm°{bgr Ho$ Xmdm ~ZZo H$s {V{W VH$ ghr C_« Ho$ àr{_`_ Am¡a _yb àr{_`_ Ho$ ~rM A§Va H$s g§{MV am{e Am¡a Eogo A§Va H$s àË`oH$ {H$ñV na Xmdo Ho$ g_` àM{bV Xa go ã`mO Ho$ gmW Xo` hmoJr& Cgo nm°{bgr na ~r{_V ì`pŠV/àñVmdH$ Ûmam Xo` F$U _mZm OmEJm VWm nm°{bgr Ho$ A§VJ©V Xmdm hmoZo na nm°{bgr YZam{e go H$mQ> {b`m OmEJm&

`h ^r àmdYmZ h¡ {H$ `{X àdoe Ho$ g_` ~r{_V ì`pŠV H$s ghr C_« Eogr hmo Vmo CŠV Vm{bH$m _| {Z{X©ï> ~r_m dJ© AWdm eVm] Ho$ AYrZ Cgo ~r_m Ho$ {bE A`mo½` ~Zm Xo Vmo CgH$mo ~r_m Ho$ Ama§^ _| àM{bV àWm Ho$ AZwgma {ZJ_ Ûmam àXmZ {H$E OmZo dmbo ~r_m dJ© AWdm eVm] _| n[ad{V©V H$a {X`m OmEJm, Omo {H$ nm°{bgrYmaH$ H$s gh_{V Ho$ AYrZ hmoJr, AÝ`Wm nm°{bgr H$mo aÔ H$a {X`m OmEJm&

2. OãVr VWm J¡a-OãVr g§~§Yr H$mZyZ:OãVr g§~§Yr H$mZyZ: i) AJa 3 dfm] go H$‘ àr{‘¶‘ AXm {H$¶o J¶o hm| Am¡a Cg Ho$ ~mX Ho$ àr{‘¶‘m| H$m

^wJVmZ Z {H$¶m J¶m hmo Vmo nhbo AXÎm àr{‘¶‘ H$s {VWr go [a¶m¶Vr Ad{Y H$s g‘mpßV Ho$ ~mX Bg nm°{bgr Ho$ A§VJ©V g^r bm^ g‘mßV hmo OmEJ| Am¡a Hw$N> ^r Xo¶ Zht hmoJm Am¡a AXm {H$E JE àr{‘¶‘ ^r Zht bm¡Q>mE OmEJ| &

ii) Hw$N> Aݶ KQ>ZmAm| ‘| OãVr: ¶hm± {Z{hV ¶m n¥îR>m§{H$V {H$gr n[apñW{V Ho$ Cëb§{KV hmoZo H$s pñW{V ‘| ¶m Bg àñVmd ‘|, {H$gr {ZOr H$WZ, KmofUm VWm g§~§{YV H$mJμOmVm| ‘| H$moB© Ag˶ ¶m JbV H$WZ nm¶o OmZo na ¶m {H$gr ‘hËdnyU© OmZH$mar Ho$ Zht ~Vm¶o OmZo H$s pñW{V ‘| Ed§ à˶oH$ Eogr pñW{V ‘| nm°{bgr A‘mݶ hmo OmEJr Ed§ Eogr nm°{bgr Ho$ ’$bñdê$n {H$gr ^r {hVbm^ Ho$ g^r Xmdo g‘¶-g‘¶ na g§emo{YV ~r‘m A{Y{Z¶‘, 1938 H$s Ymam 45 Ho$ àmdYmZm| Ho$ AYrZ hm|Jo &$

J¡a OãVr g§~§Yr H$mZyZ: bo{H$Z AJa, H$_ go H$_ nyao VrZ gmbm| Ho$ àr{_`_m| H$m ^wJVmZ H$aZo Ho$ ~mX,

AJbo àr{_`_m| H$m ^wJVmZ Zht {H$`m OmVm h¡, Vmo `h nyar Vah go A_mÝ` Zht hmoJr, ~pëH$ MwH$Vm nm°{bgr H$m ê$n bo boJr&

MwH$Vm nm°{bgr Ho$ A§VJ©V “_¥Ë`w na ~r_m am{e” H$mo EH$ Eogr am{e Ho$ ê$n _| KQ>m {X`m OmEJm, {Ogo “_¥Ë`w na MwH$Vm ~r_m am{e” H$hm OmEJm VWm `h [(AXm {H$E JE Hw$b àr{_`_/àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ Xo` àr{_`_m| H$s Hw$b g§»`m) x _¥Ë`w na ~r_m am{e] Ho$ g_mZ hmoJr&

MwH$Vm nm°{bgr Ho$ A§VJ©V n[anŠdVm na ~r_m am{e KQ> OmEJr VWm Bg am{e H$mo “n[anŠdVm na MwH$Vm ~r_m am{e” H$hm OmEJm Am¡a ̀ h [(AXm {H$E JE Hw$b àr{_`_/àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ Xo` àr{_`_m| H$s Hw$b g§»`m) x (n[anŠdVm na ~r_m am{e)] Ho$ g_mZ hmoJr&

AJa nm°{bgr MwH$Vm nm°{bgr Ho$ én _| Omar ahVr h¡ Vmo ^{dî` Ho$ bm^mo _| ^mJrXmar H$s nmÌ Zht hmoJr& hmbm§{H$ AJa H$moB© {Z{hV gab àË`mdVu ~moZg hmo, Vmo do KQ>r hþB© MwH$Vm nm°{bgr go Ow‹S>o ah|Jo&

CnamoŠV CëboI {H$E JE Ho$ ~mdOyX, AJa Bg nm°{bgr Ho$ A§VJ©V H$_ go H$_ nyao 3 dfm] Ho$ àr{_`_m| H$m ^wJVmZ {H$`m J`m hmo, Am¡a CgHo$ ~mX Ho$ àr{_`_ H$m ^wJVmZ Z {H$`m J`m hmo, Vmo nhbo ^wJVmZ Z {H$E JE àr{_`_ H$s Xo` {V{W go N>: _hrZo Ho$ A§Xa ~r{_V ì`pŠV H$s _¥Ë`w hmoZo na “_¥Ë`w na Xo` ~r_m am{e” H$m ^wJVmZ, {Z{hV gab àË`mdVu ~moZgm|, VWm A§{V_ A[V[aŠV ~moZgm| AJa H$moB© hmo, Ho$ gmW (A) _yb nm°{bgr hoVw _¥Ë`w H$s {V{W VH$ AXm Z {H$E JE àr{_`_m| Am¡a CZ na bJZo dmbm ã`mO, CÝht eVm] na Omo {H$ Bgr Ad{Y Ho$ {bE nm°{bgr Ho$ nwZMm©bZ na hmo VWm (~) AJbr nm°{bgr df©Jm§R> go nhbo Xo` hmoZo dmbm _yb nm°{bgr Ho$ {bE AXm Z {H$E JE àr{_`_ H$mo KQ>mH$a {H$`m OmEJm&

CnamoŠV CëboI {H$E JE Ho$ ~mdOyX, AJa Bg nm°{bgr Ho$ A§VJ©V H$_ go H$_ nyao 5 dfm] Ho$ àr{_`_m| H$m ^wJVmZ {H$`m J`m hmo, Am¡a CgHo$ ~mX Ho$ àr{_`_ H$m ^wJVmZ Z {H$`m J`m hmo, Vmo nhbo ^wJVmZ Z {H$E JE àr{_`_ H$s Xo` {V{W go 12 _hrZo Ho$ A§Xa ~r{_V ì`pŠV H$s _¥Ë`w hmoZo na “_¥Ë`w na Xo` ~r_m am{e” H$m ^wJVmZ, {Z{hV gab àË`mdVu ~moZgm|, VWm A§{V_ A{V[aŠV ~moZgm| AJa H$moB© hmo, Ho$ gmW (A) _yb nm°{bgr hoVw _¥Ë`w H$s {V{W VH$ AXm Z {H$E JE àr{_`_m| Am¡a CZ na bJZo dmbm ã`mO, CÝhr eVm] na Omo {H$ Bgr Ad{Y Ho$ {bE nm°{bgr Ho$ nwZMm©bZ na hmo VWm (~) AJbr nm°{bgr df©Jm§R> go nhbo Xo` hmoZo dmbm _yb nm°{bgr Ho$ {bE AXm Z {H$E JE àr{_`_ H$mo KQ>mH$a {H$`m OmEJm&

`o àmdYmZ d¡H$pënH$ amBS>a na bmJy Zht hmoVo h¡ Š`m|{H$ do H$moB© MwH$Vm _yë` àmßV Zht H$aVo h¡ Am¡a nm°{bgr Ho$ H$mbmVrV AdñWm _| hmoZo na amBS>a {hVbm^ g_mßV hmo OmVo h¢&

3. H$mbmVrV nm°{b{g`m| H$m nwZ©MbZ: AJa [a`m`Vr {XZm| Ho$ A§Xa àr{_`_ H$m ^wJVmZ Z H$aZo Ho$ H$maU nm°{bgr H$mbmVrV hmo J`r hmo, Vmo Bgo AXm Z {H$E JE nhbo àr{_`_ H$s {V{W go bJmVma 2 dfm] H$s Ad{Y Ho$ A§Xa, _Ja ~r{_V ì`pŠV Ho$ OrdZH$mb Ho$ Xm¡amZ {\$a go ~hmb {H$`m Om gH$Vm h¡& Omo {H$ {ZJ_ H$mo ~r{_V ì`pŠV Am¡a/`m àñVmdH$ (AJa àr{_`_ _m\$s {hVbm^ amBS>a MwZm hmo) g§VmofàX, {ZaÝVa ~r_m `mo½`Vm H$m à_mU àñVwV H$aZo VWm VWm g_`-g_` na {ZJ_ Ûmam {ZYm©[aV Xa na ã`mO Ho$ gmW (N>_mhr MH«$d¥{Õ Xa go) àr{_`åg H$s g^r ~H$m`m am{e`m| H$m ^wJVmZ H$aZo na ~hmb hmoJr& bo{H$Z {ZJ_ Ho$ nmg ñW{JV nm°{bgr H$mo {\$a go ~hmb H$aZo H$mo _yb eVm] na ñdrH$ma H$aZo, g§emo{YV eVm] Ho$ gmW ñdrH$ma H$aZo `m AñdrH$ma H$aZo H$m A{YH$ma gwa{jV h¡& ñW{JV nm°{bgr H$s ~hmbr V^r à^mdr hmoJr O~ {ZJ_ Ûmam Cgo AZw_mo{XV {H$`m OmEJm VWm/~r{_V ì`pŠV H$mo {d{eï> ê$n go gy{MV H$a {X`m OmEJm&

higher than such age, without prejudice to the Corporation’s other rights and remedies, including those under the Insurance Act, 1938, the premiums shall be payable in such case at the rate calculated onthe Basic Sum Assured and Rider(s) Sum Assured, if opted for, for the correct age at entry, and the accumulated difference between the premiums for the correct age and the original premiums, from thecommencement of the Policy upto the date of such payment shall be paid to the Corporation with interest at such rate as fi xed by theCorporation from time to time. However, in case the Life Assured/Proposer continues to pay the premiums at the rates shown herein,and also does not pay the above mentioned accumulated debt, theaccumulated difference between the premiums for the correct age and the original premiums from the commencement of this Policy up to the date on which the Policy becomes a claim, with intereston each instalment of such difference at such rate as may be fi xedby the Corporation from time to time, shall accrue and be treated asa debt due by the Life Assured / Proposer against the said Policy and shall be deducted from the Policy moneys payable on the Policybecoming a claim.

Provided further that if the Life Assured’s correct age at entry is such as would have made him/her uninsurable under the class or terms of assurance specifi ed in the said Schedule hereto, the class or terms shall stand altered to such Plan of Assurance as are granted by theCorporation according to the practice in force at the commencement of this policy subject to the consent of the Policyholder, otherwise thepolicy will be cancelled.

2. Forfeiture and Non-forfeiture Regulations: Forfeiture Regulations:

i. If less than three years’ premiums have been paid and any subsequent premium be not duly paid, all the benefi ts shall cease after the expiry of grace period from the date of fi rst unpaid premium and nothing shall be payable , and the Premiums paid thitherto are also not refundable.

ii. Forfeiture in Certain Other Events: In case any condition herein contained or endorsed hereon be contravened or in case it is found that any untrue or incorrect statement is contained in the proposal,personal statement, declaration and connected documents or any material information is withheld, then and in every such casethis policy shall be void and all claims to any benefi t in virtue ofthis policy shall be subject to the provisions of Section 45 of the Insurance Act, 1938, as amended from time to time.

Non-forfeiture Regulations: If, after atleast three full years’ premiums have been paid and any

subsequent premiums be not duly paid, this policy shall not be wholly void, but shall subsist as a paid-up policy.

The Sum Assured on Death under a paid-up policy shall be reduced to such a sum, called ‘Death Paid-up Sum Assured’ and shall beequal to [Sum Assured on Death * (Number of premiums paid / Total Number of premiums payable during the Premium Paying Term)].

The Sum Assured on Maturity under a paid-up policy shall be reduced to such a sum called ‘Maturity Paid-up Sum Assured’ andshall be equal to [Sum Assured on Maturity * (Number of premiumspaid / Total Number of premiums payable during the Premium PayingTerm)].

If a policy continues as a paid up policy the same shall not be entitled to participate in future profi ts. However, the vested simplereversionary bonuses, if any, shall remain attached to the reducedpaid up policy.

Notwithstanding what is stated above, if atleast 3 full years’ premiums have been paid in respect of this policy, and any subsequent premium be not duly paid, in the event of the death of the Life Assured within six months from the due date of fi rst unpaid premium, “Sum Assuredon Death” along with vested simple reversionary bonuses, and Final Additional Bonuses, if any, will be paid after deduction of (a) thepremium(s) for the base policy unpaid with interest thereon uptothe date of death, on the same terms as for revival of the Policy during such period and (b) the balance premium(s) for the base policy falling due from the date of death and before the next policy anniversary.

Notwithstanding what is stated above, if at least 5 full years’ premiums have been paid in respect of this policy, and anysubsequent premium be not duly paid, in the event of death of the Life Assured within 12 months from the fi rst unpaid premium, “SumAssured on Death” along with vested Simple Reversionary Bonusesand Final Additional Bonus, if any, will be paid after deduction of(a) the premium(s) for the base policy unpaid with interest thereonupto the date of death, on the same terms as for revival of the Policy during such period and (b) the balance premium(s) for the base policy falling due from the date of death and before the next policy anniversary.

These provisions do not apply to optional Rider(s) as they do not acquire any paid up value and the rider benefi t ceases to apply, ifpolicy is in lapsed condition.

3. Revival of lapsed Policies: If the Policy has lapsed due to nonpayment of due premium within the days of grace, it may be revived during the life time of the Life Assured, but within a period of 2 consecutive years from the date of the fi rst unpaid premium,on submission of proof of continued insurability to the satisfaction of the Corporation and the payment of all the arrears of premiumtogether with interest (compounding half-yearly) at such rate asfi xed by the Corporation from time to time. The Corporation however, reserves the right to accept at original terms, accept with modifi edterms or decline the revival of a discontinued policy. The revival of thediscontinued policy shall take effect only after the same is approved by the Corporation and is specifi cally communicated to the LifeAssured.

^mJ - X: godm àXmZ H$aZo Ho$ nhby go g§~§{YV eV] h y1. C_« H$m à_mU: àñVmd ànÌ _| Kmo{fV H$s JB© ~r{_V ì`pŠV H$s C_« na àr{_`_

H$s JUZm hmo OmZo Ho$ níMmV `{X C_« Cg C_« go A{YH$ nm`r OmVr h¡ Vmo {~Zm {H$gr nydm©J«h ~r_m A{Y{Z`_ 1938 Ho$ A§VJ©V CnbãY A{YH$mam| Am¡a CnMmam| g{hV {ZJ_ Ho$ AÝ` A{YH$mam| Am¡a CnMmam| H$mo j{V nhþ§MmE {~Zm, Eogo _m_bo _| àr{_`_ g_` ghr C_« Ho$ AmYma na _yb ~r_mam{e Am¡a amBS>g© ~r_mam{e, AJa

þ

{b`m J`m hmo Vmo, Ho$ {bE {ZH$mbr JB© Xa go Xo` hmoJm Am¡a ~r{_V ì`pŠV/àñVmdH$ {ZJ_ H$mo nm°{bgr Ama§^ hmoZo go boH$a Eogo ^wJVmZ H$s {V{W VH$ _yb àr{_`_ Am¡a ghr C_« Ho$ {bE àr{_`_ Ho$ ~rM A§Va H$s g§{MV am{e Am¡a Cg na Cgr Ad{Y Ho$ {bE {ZJ_ Ûmam Cg g_` àM{bV {ZYm©[aV Xa na ã`mO g{hV ^wJVmZ H$aoJm&VWm{n, àmdYmZ h¡ {H$ `{X ~r{_V ì`pŠV àñVmdH$ Bg_| Cpëb{IV àr{_`_ H$s Xa go ^wJVmZ H$aVm aho Am¡a Cn`wŠV g§{MV F$U am{e H$m ^wJVmZ Z H$ao Vmo nm°{bgr àma§^ hmoZo H$s {V{W go nm°{bgr Ho$ Xmdm ~ZZo H$s {V{W VH$ ghr C_« Ho$ àr{_`_ Am¡a _yb àr{_`_ Ho$ ~rM A§Va H$s g§{MV am{e Am¡a Eogo A§Va H$s àË`oH$ {H$ñV na Xmdo Ho$ g_` àM{bV Xa go ã`mO Ho$ gmW Xo` hmoJr& Cgo nm°{bgr na ~r{_V ì`pŠV/àñVmdH$ Ûmam Xo` F$U _mZm OmEJm VWm nm°{bgr Ho$ A§VJ©V Xmdm hmoZo na nm°{bgr YZam{e go H$mQ> {b`m OmEJm&

`h ^r àmdYmZ h¡ {H$ `{X àdoe Ho$ g_` ~r{_V ì`pŠV H$s ghr C_« Eogr hmo Vmo CŠV Vm{bH$m _| {Z{X©ï> ~r_m dJ© AWdm eVm] Ho$ AYrZ Cgo ~r_m Ho$ {bE A`mo½` ~Zm Xo Vmo CgH$mo ~r_m Ho$ Ama§^ _| àM{bV àWm Ho$ AZwgma {ZJ_ Ûmam àXmZ {H$E OmZo dmbo ~r_m dJ© AWdm eVm] _| n[ad{V©V H$a {X`m OmEJm, Omo {H$ nm°{bgrYmaH$ H$s gh_{V Ho$ AYrZ hmoJr, AÝ`Wm nm°{bgr H$mo aÔ H$a {X`m OmEJm&

2. OãVr VWm J¡a-OãVr g§~§Yr H$mZyZ:OãVr g§~§Yr H$mZyZ:

i) AJa 3 dfm] go H$‘ àr{‘¶‘ AXm {H$¶o J¶o hm| Am¡a Cg Ho$ ~mX Ho$ àr{‘¶‘m| H$m ^wJVmZ Z {H$¶m J¶m hmo Vmo nhbo AXÎm àr{‘¶‘ H$s {VWr go [a¶m¶Vr Ad{Y H$s g‘mpßV Ho$ ~mX Bg nm°{bgr Ho$ A§VJ©V g^r bm^ g‘mßV hmo OmEJ| Am¡a Hw$N> ^r Xo¶ Zht hmoJm Am¡a AXm {H$E JE àr{‘¶‘ ^r Zht bm¡Q>mE OmEJ| &J

ii) Hw$N> Aݶ KQ>ZmAm| ‘| OãVr: ¶hm± {Z{hV ¶m n¥îR>m§{H$V {H$gr n[apñW{V Ho$ Cëb§{KV hmoZo H$s pñW{V ‘| ¶m Bg àñVmd ‘|, {H$gr {ZOr H$WZ, KmofUm VWm g§~§{YV H$mJμOmVm| ‘| H$moB© Ag˶ ¶m JbV H$WZ nm¶o OmZo na ¶m {H$gr ‘hËdnyU© OmZH$mar Ho$ Zht ~Vm¶o OmZo H$s pñW{V ‘| Ed§ à˶oH$ Eogr pñW{V ‘| nm°{bgr A‘mݶ hmo OmEJr Ed§ Eogr nm°{bgr Ho$ ’$bñdê$n {H$gr ^r {hVbm^ Ho$ g^r Xmdo g‘¶-g‘¶ na g§emo{YV ~r‘m A{Y{Z¶‘, 1938 H$s Ymam 45 Ho$ àmdYmZm| Ho$ AYrZ hm|Jo &$

J¡a OãVr g§~§Yr H$mZyZ: bo{H$Z AJa, H$_ go H$_ nyao VrZ gmbm| Ho$ àr{_`_m| H$m ^wJVmZ H$aZo Ho$ ~mX,

AJbo àr{_`_m| H$m ^wJVmZ Zht {H$`m OmVm h¡, Vmo `h nyar Vah go A_mÝ` Zht hmoJr, ~pëH$ MwH$Vm nm°{bgr H$m ê$n bo boJr&

MwH$Vm nm°{bgr Ho$ A§VJ©V “_¥Ë`w na ~r_m am{e” H$mo EH$ Eogr am{e Ho$ ê$n _| KQ>m {X`m OmEJm, {Ogo “_¥Ë`w na MwH$Vm ~r_m am{e” H$hm OmEJm VWm `h [(AXm {H$E JE Hw$b àr{_`_/àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ Xo` àr{_`_m| H$s Hw$b g§»`m)x _¥Ë`w na ~r_m am{e] Ho$ g_mZ hmoJr&

MwH$Vm nm°{bgr Ho$ A§VJ©V n[anŠdVm na ~r_m am{e KQ> OmEJr VWm Bg am{e H$mo “n[anŠdVm na MwH$Vm ~r_m am{e” H$hm OmEJm Am¡a ̀ h [(AXm {H$E JE Hw$b àr{_`_/àr{_`_ ^wJVmZ Ad{Y Ho$ Xm¡amZ Xo` àr{_`_m| H$s Hw$b g§»`m) x (n[anŠdVm na ~r_m am{e)] Ho$ g_mZ hmoJr&

AJa nm°{bgr MwH$Vm nm°{bgr Ho$ én _| Omar ahVr h¡ Vmo ^{dî` Ho$ bm^mo _| ^mJrXmar H$s nmÌ Zht hmoJr& hmbm§{H$ AJa H$moB© {Z{hV gab àË`mdVu ~moZg hmo,Vmo do KQ>r hþB© MwH$Vm nm°{bgr go Ow‹S>o ah|Jo&

CnamoŠV CëboI {H$E JE Ho$ ~mdOyX, AJa Bg nm°{bgr Ho$ A§VJ©V H$_ go H$_ nyao 3dfm] Ho$ àr{_`_m| H$m ^wJVmZ {H$`m J`m hmo, Am¡a CgHo$ ~mX Ho$ àr{_`_ H$m ^wJVmZ Z {H$`m J`m hmo, Vmo nhbo ^wJVmZ Z {H$E JE àr{_`_ H$s Xo` {V{W go N>: _hrZo Ho$ A§Xa ~r{_V ì`pŠV H$s _¥Ë`w hmoZo na “_¥Ë`w na Xo` ~r_m am{e” H$m ^wJVmZ, {Z{hV gab àË`mdVu ~moZgm|, VWm A§{V_ A[V[aŠV ~moZgm| AJa H$moB© hmo, Ho$ gmW (A) _yb nm°{bgr hoVw _¥Ë`w H$s {V{W VH$ AXm Z {H$E JE àr{_`_m| Am¡a CZ na bJZo dmbm ã`mO, CÝht eVm] na Omo {H$ Bgr Ad{Y Ho$ {bE nm°{bgr Ho$ nwZMm©bZ na hmo VWm (~) AJbr nm°{bgr df©Jm§R> go nhbo Xo` hmoZo dmbm _yb nm°{bgr Ho$ {bE AXm Z {H$E JE àr{_`_ H$mo KQ>mH$a {H$`m OmEJm&

CnamoŠV CëboI {H$E JE Ho$ ~mdOyX, AJa Bg nm°{bgr Ho$ A§VJ©V H$_ go H$_ nyao 5dfm] Ho$ àr{_`_m| H$m ^wJVmZ {H$`m J`m hmo, Am¡a CgHo$ ~mX Ho$ àr{_`_ H$m ^wJVmZ Z {H$`m J`m hmo, Vmo nhbo ^wJVmZ Z {H$E JE àr{_`_ H$s Xo` {V{W go 12 _hrZo Ho$ A§Xa ~r{_V ì`pŠV H$s _¥Ë`w hmoZo na “_¥Ë`w na Xo` ~r_m am{e” H$m ^wJVmZ, {Z{hV gab àË`mdVu ~moZgm|, VWm A§{V_ A{V[aŠV ~moZgm| AJa H$moB© hmo, Ho$ gmW (A) _yb nm°{bgr hoVw _¥Ë`w H$s {V{W VH$ AXm Z {H$E JE àr{_`_m| Am¡a CZ na bJZo dmbm ã`mO, CÝhr eVm] na Omo {H$ Bgr Ad{Y Ho$ {bE nm°{bgr Ho$ nwZMm©bZ na hmo VWm (~) AJbr nm°{bgr df©Jm§R> go nhbo Xo` hmoZo dmbm _yb nm°{bgr Ho$ {bE AXm Z {H$E JE àr{_`_ H$mo KQ>mH$a {H$`m OmEJm&

`o àmdYmZ d¡H$pënH$ amBS>a na bmJy Zht hmoVo h¡ Š`m|{H$ do H$moB© MwH$Vm _yë` àmßV Zht H$aVo h¡ Am¡a nm°{bgr Ho$ H$mbmVrV AdñWm _| hmoZo na amBS>a {hVbm^ g_mßV hmo OmVo h¢&

3. H$mbmVrV nm°{b{g`m| H$m nwZ©MbZ: AJa [a`m`Vr {XZm| Ho$ A§Xa àr{_`_ H$m ^wJVmZ Z H$aZo Ho$ H$maU nm°{bgr H$mbmVrV hmo J`r hmo, Vmo Bgo AXm Z {H$E JE nhbo àr{_`_ H$s {V{W go bJmVma 2 dfm] H$s Ad{Y Ho$ A§Xa, _Ja ~r{_V ì`pŠV Ho$ OrdZH$mb Ho$ Xm¡amZ {\$a go ~hmb {H$`m Om gH$Vm h¡& Omo {H$ {ZJ_ H$mo ~r{_V ì`pŠV Am¡a/`m àñVmdH$ (AJa àr{_`_ _m\$s {hVbm^ amBS>a MwZm hmo)g§VmofàX, {ZaÝVa ~r_m `mo½`Vm H$m à_mU àñVwV H$aZo VWm VWm g_`-g_` na {ZJ_ Ûmam {ZYm©[aV Xa na ã`mO Ho$ gmW (N>_mhr MH«$d¥{Õ Xa go) àr{_`åg H$s g^r ~H$m`m am{e`m| H$m ^wJVmZ H$aZo na ~hmb hmoJr& bo{H$Z {ZJ_ Ho$ nmg ñW{JV nm°{bgr H$mo {\$a go ~hmb H$aZo H$mo _yb eVm] na ñdrH$ma H$aZo, g§emo{YV eVm] Ho$ gmW ñdrH$ma H$aZo `m AñdrH$ma H$aZo H$m A{YH$ma gwa{jV h¡& ñW{JV nm°{bgr H$s ~hmbr V^r à^mdr hmoJr O~ {ZJ_ Ûmam Cgo AZw_mo{XV {H$`m OmEJm VWm/~r{_V ì`pŠV H$mo {d{eï> ê$n go gy{MV H$a {X`m OmEJm&

28177 Jeevan Labh Policy document_21-01.indd Spread 7 of 8 - Pages(10, 7)28177 Jeevan Labh Policy document_21-01.indd Spread 7 of 8 - Pages(10, 7) 15-02-2016 05:11:4615-02-2016 05:11:46

Page 8: EbAmB©gr H$m OrdZ bm^ · 2017-12-16 · EbAmB©gr H$m OrdZ bm^ ... UIN ` m

Revival of Rider(s), if opted for, will only be considered along with the revival of the base policy and not in isolation.

4. Surrender: The policy can be surrendered at any time during the policy term provided premiums have been paid for atleast three consecutive years.

The Guaranteed Surrender Value shall be equal to the total premiums paid excluding any extra amount if charged under the policy due to underwriting decisions and premiums for rider(s), if opted for, multiplied by the Guaranteed Surrender Value factor applicable to total premiums paid. These Guaranteed Surrender Value factors expressed as percentages will depend on the policy term and policy year in which the policy is surrendered and are contained in Annexure - IV of this Policy Document.

In addition, the surrender value of vested simple reversionary bonuses, if any, shall also be payable, which is equal to vested bonuses multiplied by the Surrender Value factor applicable to vested bonuses. These surrender value factors will depend on the policy term and the policy year in which policy is surrendered and are contained in Annexure – V of this Policy Document.

However, under this policy, Special Surrender Value will be payable, if it is more favorable to the Policyholder. The Special Surrender Value will be the Special Surrender Value factor multiplied by the sum of Maturity Paid-up Sum Assured (as defi ned in Condition 2 of Part D) and vested Simple Reversionary Bonuses. The Special Surrender Value factors applicable to this policy may change from time to time with prior approval of IRDAI.

No surrender value will be available on Rider(s), if any5. Policy Loan: Loan can be availed under this policy provided atleast

three full years’ premiums have been paid, subject to the following terms and conditions, within the surrender value of the policy for such amounts and on such further terms and conditions as the Corporation may fi x from time to time:

1. The Policy shall be assigned absolutely to and held by the Corporation as security for the repayment of Loan and of the interest thereon;

2. Interest on Loan shall be paid on compounding half-yearly basis to the Corporation at the rate to be specifi ed by the Corporation at the time of taking loan under this policy. The fi rst payment of interest is to be made on the next Policy anniversary or on the date six months before the next Policy anniversary whichever immediately follows the date on which the Loan is sanctioned and every half year thereafter. Interest is charged for a minimum period of six months;

3. In case of policies which are not inforce i.e. Paid-up policies, in the event of default in payment of loan interest on the due date as herein mentioned above, the Corporation would be entitled to foreclose such policies which continue to be in default, anytime after expiry of notice period of 30 days. Such policies when being foreclosed shall be entitled to payment of surrender value as on date of foreclosure, if any, after deduction of outstanding loan and accrued interest. However, in case of inforce policies (where all the due premiums stand paid) and fully paid-up policies( where all premiums payable during the term of the policy stand paid), foreclosure action shall not be applicable;

4. In case the policy shall mature or is surrendered or become a claim by death, the Corporation shall become entitled to deduct the amount of the Loan or any portion thereof which is outstanding, together with all interest from the policy moneys.

PART ENot Applicable. PART – F: OTHER TERMS AND CONDITIONS1. Free look period: During the Free Look period, if the Policyholder is

not satisfi ed with the Terms or Conditions of the policy, he/she may return the policy to the Corporation stating the reason of objections. On receipt of the same the Corporation shall cancel the policy and return the amount of premium deposited after deducting the proportionate risk premium (for Base Policy and riders, if opted for) for the period on cover and charges for medical examination, special reports, if any and stamp duty.

2. a) Assignments: Assignment is allowed under this plan as per Section 38 of the Insurance Act, 1938 as amended from time to time. The current provisions of Section 38 are contained in Annexure-I of this Policy Document. The notice of assignment should be submitted for registration to the offi ce of the Corporation, where the policy is serviced.

b) Nominations: Nomination by the holder of a policy of life assurance is required as per Section 39 of the Insurance Act, 1938 as amended from time to time. The current provisions of Section 39 are contained in Annexure-II of this Policy Document. The notice of nomination or change of nomination should be submitted for registration to the offi ce of the Corporation, where the policy is serviced. In registering nomination the Corporation does not accept any responsibility or express any opinion as to its validity or legal effect.

3. Suicide: This policy shall be void i. If the Life Assured (whether sane or insane) commits suicide at

any time within 12 months from the date of commencement of risk, the Corporation will not entertain any claim under this policy except for 80% of the premiums paid excluding any extra amount if charged under the policy due to underwriting decisions and rider premiums other than term assurance rider, if any, provided the policy is inforce.

ii. If the Life Assured (whether sane or insane) commits suicide within 12 months from date of revival, an amount which is higher of 80% of the premiums paid till the date of death excluding extra

amBS>a H$mo nwZ: àMm{bV H$aZo, AJa MwZm J`m hmo, na V^r {dMma {H$`m OmEJm AJa _yb nm°{bgr H$mo ^r nwZ: àMm{bV {H$`m OmVm h¡, {gμ\©$ Cgo Zht&

4. Aä¶n©U: nm°{bgr Ho$ A§VJ©V H$_ go H$_ bJmVma VrZ dfm] Ho$ àr{_`_m| H$m ^wJVmZ H$aZo Ho$ ~mX Cgo nm°{bgr H$s Ad{Y Ho$ Xm¡amZ {H$gr ^r g_` gaoÝS>a {H$`m Om gH$Vm h¡&

Jma§Q>rS> Aä¶n©U _yë` Hw$b AXm {H$E JE àr{_`_m| _| go ~r_mboIZ {ZU©`m| Ho$ H$maU KQ>m`r JB© {H$gr A{V[aŠV am{e VWm amBS>a (amBS>g©) Ho$ {bE àr{_`_, AJa MwZm J`m hmo, Ho$ gmW Hw$b AXm {H$E JE àr{_`_ na bmJy Jma§Q>rS> Aä¶n©U _yë` KQ>H$ Ho$ JwUZ\$b Ho$ g_mZ hmoJm& à{VeV Ho$ ê$n _| ì`ŠV {H$E JE `o Jma§Q>rS> Aä¶n©U _yë` KQ>H$ nm°{bgr Ad{Y VWm nm°{bgr df© na {Z^©a H$a|J§o; O~ nm°{bgr H$mo Aä¶n©U {H$`m J`m Wm VWm `o Bg nm°{bgr XñVmdoO Ho$ n[a{eï>-4 _| _m¡OyX h¢

BgHo$ Abmdm, {Z{hV gab àË`mdVu ~moZgm|, AJa H$moB© hmo Ho$ gaoÝS>a _yë` H$m ^r ^wJVmZ {H$`m OmEJm, Omo {H$ {Z{hV ~moZg Am¡a {Z{hV ~moZgm| na bmJy Aä¶n©U _yë` KQ>H$ Ho$ JwUZ\$b Ho$ g_mZ hmoJm& `h à{VeVVm Aä¶n©U _yë` KQ>H$, nm°{bgr Ad{Y VWm Cg nm°{bgr df© na {Z^©a H$aoJr, O~ nm°{bgr H$mo Aä¶n©U {H$`m J`m VWm `h Bg H$mJOmV Ho$ n[a{eï>-5 Ho$ ê$n _| g§b½Z h¡&

VWm{n, Bg nm°{bgr Ho$ A§VJ©V {deof gaoÝS>a _yë` H$m ^wJVmZ {H$`m OmEJm, AJa dh nm°{bgrYmaH$ Ho$ {bE A{YH$ AZwHy$b h¡& ñnoeb Aä¶n©U _yë`, n[anŠdVm MwH$Vm ~r_m am{e (^mJ X H$s eV© 2 _| n[a^m{fV AZwgma) VWm {Z{hV gab àË`mdVu ~moZgm| Ho$ `moJ\$b H$m ñnoeb Aä¶n©U _yë` KQ>H$ go JwUZ\$b _yë` hmoJm& Bg nm°{bgr na bmJy `o ñnoeb Aä¶n©U _yë` KQ>H$ AmB©AmaS>rEAmB© H$s nyd© _§Oyar go g_`-g_` na ~Xb gH$Vo h¢&

amBS>a na H$moB© Aä¶n©U _yë` CnbãY Zht hmoJm&5. nm°{bgr F$U: AJa H$_ go H$_ nyao VrZ dfm] Ho$ àr{_`_m| H$m ^wJVmZ {H$`m

J`m hmo Vmo Bg nm°{bgr H$s {ZåZ{b{IV eVm] VWm nm°{bgr Ho$ Aä¶n©U _yë` Ho$ A§VJ©V H$s am{e Ho$ {bE VWm {ZJ_ Ûmam g_`-g_` na {ZYm©[aV H$s JB© AÝ` {Z`_m| VWm eVm] Ho$ A§VJ©V bmoZ àmßV {H$`m Om gH$Vm h¡:

1. nm°{bgr nyU©V: Aä`{n©V hmoJr VWm F$U Am¡a Cg na ã`mO H$s AXm`Vr Ho$ {bE Cgo O_mZV Ho$ ê$n _| {ZJ_ Ho$ Ûmam Ym[aV aIm OmEJm&

2. {ZJ_ H$mo ã`mO H$m ^wJVmZ, Bg nm°{bgr Ho$ A§VJ©V F$U boVo g_` {ZJ_ Ûmam {d{ZYm©[aV Xa go N>_mhr MH«$d¥{Õ Xa go {H$`m OmEJm& ã`mO H$s nhbr {H$ñV H$m ^wJVmZ AJbr nm°{bgr df©Jm§R> na `m AJbr nm°{bgr df©Jm§R> go N>: _hrZo nhbo H$s {V{W na, Omo ^r CgHo$ VwaÝV ~mX hmo, O~ F$U ñdrH¥$V {H$`m J`m Wm, {H$`m OmEJm Am¡a CgHo$ ~mX ha N>: _hrZo na {H$`m OmEJm& ã`mO H$_ go H$_ N>: _hrZm| Ho$ {bE {b`m OmEJm&

3. Eogr nm°{b{g`m| Ho$ _m_bo _| Omo {H$ à^mdr Z hm| O¡go {H$ MwH$Vm nm°{b{g`m§, D$na CëboI {H$E JE AZwgma Xo` {V{W H$mo F$U na ã`mO Ho$ ^wJVmZ _| MyH$ Ho$ H$maU, {ZJ_ 30 {XZm| H$s Zmo{Q>g Ad{Y H$s g_mpßV Ho$ ~mX {H$gr ^r g_`, Eogr MyH$ H$aZo dmbr nm°{b{g`m| H$mo g_` nyd© g_mßV H$aZo Ho$ {bE A{YH¥$V h¡& Eogr nm°{b{g`m| H$mo g_` nyd© g_mßV {H$E OmZo na nyd©-g_mpßV H$s {V{W na do Aä¶n©U _yë` Ho$ ^wJVmZ H$s nmÌ hm|Jr, {Ogo ~H$m`m F$U VWm Cg na O_m ã`mO H$mo H$mQ>H$a AXm H$a {X`m OmEJm& hmbm§{H$, à^mdr nm°{b{g`m| Ho$ _m_bo _| (Ohm§ g^r àr{_`_m| H$m ^wJVmZ {H$`m J`m hmo), nyd© gm_mpßV H$s {H«$`m bmJy Zht hmoJr&

4. AJa nm°{bgr n[anŠd hmoVr h¡ ¶m nm°{bgr H$mo Aä¶n©U {H$¶m OmVm h¡ `m _¥Ë`w Ho$ H$maU Xmdm {H$`m OmVm h¡ Vmo {ZJ_ Ûmam nm°{bgr H$s YZam{e go ~H$m`m F$U `m CgHo$ {H$gr A§e H$mo g^r Xo` ã`mOm| Ho$ gmW H$mQ> {b`m OmEJm&

^mJ - `bmJy Zht^mJ - a: AÝ` {Z`_ d eV]1. ’«$s bwH$ nr[a¶S>: ’«$s bwH$ nr[a¶S> Ho$ Xm¡amZ, AJa nm°{bgrYmaH$ nm°{bgr Ho$

{Z`_ VWm eVm] go$ g§VwîQ> Zht h¡ Vmo dh AnZr Amn{Îm`m| Ho$ H$maU H$m CëboI H$aVo hþE nm°{bgr H$mo bm¡Q>m gH$Vm h¡& BgHo$ àmßV hmoZo na {ZJ_ nm°{bgr H$mo aÔ H$a XoJm VWm g§a{jV Omo{I_ Ad{Y Ho$ {bE AmZwnm{VH$ Omo{I_ àr{_`_ (_yb nm°{bgr Am¡a amBS>a, AJa MwZm J`m hmo, Ho$ {bE) ñdmñÏ` Om§M ewëH$ d ñQ>¡ån S>çyQ>r hoVw ewëH$ H$mo H$mQ>H$a, O_m {H$E JE àr{_`_ H$mo bm¡Q>m XoJm&

2. A) g‘mZwXoeZ: Bg nm°{bgr Ho$ A§VJ©V g_`-g_ na `Wm g§emo{YV ~r_m A{Y{Z`_, 1938 H$s Ymam 38 Ho$ VhV g‘mZwXoeZ H$s AZw_{V h¡& Ymam 38 Ho$ _m¡OyXm àmdYmZ Bg nm°{bgr XñVmdoO Ho$ n[a{eï>-1 _| {XE JE h¢& g‘mZwXoeZ H$m Zmo{Q>g {ZJ_ Ho$ Bg H$m`m©b` _| n§OrH$aU Ho$ {bE {X`m OmZm Mm{hE, Ohm§ nm°{bgr H$mo godmE§ àXmZ H$s OmVr h¡&

~) Zm_m§H$Z: g_`-g_` na `Wmg§emo{YV ~r_m A{Y{Z`_ 1938 H$s Ymam Ho$ A§VJ©V OrdZ ~r_m H$s nm°{bgr Ho$ YmaH$ Ûmam Zm_m§H$Z Ano{jV h¡& Ymam 39 Ho$ _m¡OyXm àmdYmZ Bg nm°{bgr XñVmdoO Ho$ n[a{eï>-2 _| {XE JE h¢& Zm_m§H$Z `m Zm_m§H$Z ~XbZo H$s gyMZm H$mo godmE§ àXmZ H$s OmVr h¡& Zm_m§H$Z Ho$ n§OrH$aU _| {ZJ_ CgH$s d¡YVm `m H$mZyZr à^md Ho$ ~mao _| H$moB© {Oå_oXmar Zht ñdrH$ma H$aVm h¡ `m H$moB© am` Zhr§ ì`ŠV H$aVm h¢&

3. AmË_hË`m: `h nm°{bgr Ad¡Y _mZr OmEJr& i. AJa ~r{_V ì`pŠV (Mmho dh _mZ{gH$ ê$n go ñdñW hmo `m AñdñW),

Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W go 12 _hrZm| Ho$ A§Xa AmË_hË`m H$aVm h¡ Vmo {ZJ_ Ûmam Bg nm°{bgr Ho$ A§VJ©V {H$gr Xmdo na {dMma Zht {H$`m OmEJm, Ho$db AXm {H$E JE àr{_`åg Ho$ 80% H$mo, {H$Ýht A{V[aŠV am{e`m|, {OÝh| ~r_mboIZ {ZU©`m| Ho$ H$maU nm°{bgr Ho$ A§VJ©V {b`m J`m hmo, VWm Q>_© Eí`moaoÝg amBS>a go {^ÝZ {H$gr amBS>a Ho$ àr{_`_ H$mo N>mo‹S>H$a, AJa H$moB© hmo, H$m ^wJVmZ {H$`m OmEJm& ~eV} nm°{bgr Mmby AdñWm _| hmo&

ii. AJa ~r{_V ì`pŠV (Mmho dh _mZ{gH$ ê$n go ñdñW hmo `m AñdñW), nwZ©MbZ H$s {V{W go 12 _hrZm| Ho$ A§Xa AmË_hË`m H$aVm h¡ Vmo _¥Ë`w H$s {V{W VH$ AXm {H$E JE àr{_`åg Ho$ 80% H$mo {H$gr A{V[aŠV am{e`m|, {Ogo ~r_mboIZ {ZU©`m| Ho$ H$maU nm°{bgr Ho$ A§VJ©V {b`m J`m hmo VWm Q>_© Eí`moaoÝg amBS>a go {^ÝZ amBS>a àr{_`_, H$m ^wJVmZ {H$`m OmEJm& {ZJ_ Ûmam Bg nm°{bgr

Revival of Rider(s), if opted for, will only be considered along with therevival of the base policy and not in isolation.

4. Surrender: The policy can be surrendered at any time during the policy term provided premiums have been paid for atleast threeconsecutive years.

The Guaranteed Surrender Value shall be equal to the total premiumspaid excluding any extra amount if charged under the policy dueto underwriting decisions and premiums for rider(s), if opted for, multiplied by the Guaranteed Surrender Value factor applicable tototal premiums paid. These Guaranteed Surrender Value factorsexpressed as percentages will depend on the policy term and policy year in which the policy is surrendered and are contained in Annexure - IV of this Policy Document.

In addition, the surrender value of vested simple reversionarybonuses, if any, shall also be payable, which is equal to vestedbonuses multiplied by the Surrender Value factor applicable to vested bonuses. These surrender value factors will depend on the policy term and the policy year in which policy is surrendered and arecontained in Annexure – V of this Policy Document.

However, under this policy, Special Surrender Value will be payable, ifit is more favorable to the Policyholder. The Special Surrender Valuewill be the Special Surrender Value factor multiplied by the sum of Maturity Paid-up Sum Assured (as defi ned in Condition 2 of Part D)and vested Simple Reversionary Bonuses. The Special SurrenderValue factors applicable to this policy may change from time to timewith prior approval of IRDAI.

No surrender value will be available on Rider(s), if any5. Policy Loan: Loan can be availed under this policy provided atleast

three full years’ premiums have been paid, subject to the following terms and conditions, within the surrender value of the policy for such amounts and on such further terms and conditions as the Corporation may fi x from time to time:

1. The Policy shall be assigned absolutely to and held by theCorporation as security for the repayment of Loan and of the interest thereon;

2. Interest on Loan shall be paid on compounding half-yearly basisto the Corporation at the rate to be specifi ed by the Corporationat the time of taking loan under this policy. The fi rst payment ofinterest is to be made on the next Policy anniversary or on the date six months before the next Policy anniversary whichever immediately follows the date on which the Loan is sanctionedand every half year thereafter. Interest is charged for a minimum period of six months;

3. In case of policies which are not inforce i.e. Paid-up policies, inthe event of default in payment of loan interest on the due date as herein mentioned above, the Corporation would be entitled to foreclose such policies which continue to be in default, anytime after expiry of notice period of 30 days. Such policies when beingforeclosed shall be entitled to payment of surrender value as ondate of foreclosure, if any, after deduction of outstanding loan and accrued interest. However, in case of inforce policies (where all the due premiums stand paid) and fully paid-up policies( whereall premiums payable during the term of the policy stand paid),foreclosure action shall not be applicable;

4. In case the policy shall mature or is surrendered or becomea claim by death, the Corporation shall become entitled todeduct the amount of the Loan or any portion thereof which is outstanding, together with all interest from the policy moneys.

PART ENot Applicable. PART – F: OTHER TERMS AND CONDITIONS1. Free look period: During the Free Look period, if the Policyholder is

not satisfi ed with the Terms or Conditions of the policy, he/she mayreturn the policy to the Corporation stating the reason of objections.On receipt of the same the Corporation shall cancel the policy and return the amount of premium deposited after deducting the proportionate risk premium (for Base Policy and riders, if opted for)for the period on cover and charges for medical examination, specialreports, if any and stamp duty.

2. a) Assignments: Assignment is allowed under this plan as per Section 38 of the Insurance Act, 1938 as amended from time to time. The current provisions of Section 38 are contained in Annexure-I of this Policy Document. The notice of assignment should be submitted for registration to the offi ce of the Corporation, where the policy is serviced.

b) Nominations: Nomination by the holder of a policy of lifeassurance is required as per Section 39 of the Insurance Act, 1938as amended from time to time. The current provisions of Section 39 are contained in Annexure-II of this Policy Document. The noticeof nomination or change of nomination should be submitted for registration to the offi ce of the Corporation, where the policy isserviced. In registering nomination the Corporation does not accept any responsibility or express any opinion as to its validity or legal effect.

3. Suicide: This policy shall be void i. If the Life Assured (whether sane or insane) commits suicide at

any time within 12 months from the date of commencement of risk, the Corporation will not entertain any claim under this policy except for 80% of the premiums paid excluding any extra amountif charged under the policy due to underwriting decisions and rider premiums other than term assurance rider, if any, providedthe policy is inforce.

ii. If the Life Assured (whether sane or insane) commits suicidewithin 12 months from date of revival, an amount which is higher of 80% of the premiums paid till the date of death excluding extra

amBS>a H$mo nwZ: àMm{bV H$aZo, AJa MwZm J`m hmo, na V^r {dMma {H$`m OmEJm AJa _yb nm°{bgr H$mo ^r nwZ: àMm{bV {H$`m OmVm h¡, {gμ\©$ Cgo Zht&

4. Aä¶n©U: nm°{bgr Ho$ A§VJ©V H$_ go H$_ bJmVma VrZ dfm] Ho$ àr{_`_m| H$m ^wJVmZ H$aZo Ho$ ~mX Cgo nm°{bgr H$s Ad{Y Ho$ Xm¡amZ {H$gr ^r g_` gaoÝS>a {H$`m Om gH$Vm h¡&

Jma§Q>rS> Aä¶n©U _yë` Hw$b AXm {H$E JE àr{_`_m| _| go ~r_mboIZ {ZU©`m| Ho$ H$maU KQ>m`r JB© {H$gr A{V[aŠV am{e VWm amBS>a (amBS>g©) Ho$ {bE àr{_`_,AJa MwZm J`m hmo, Ho$ gmW Hw$b AXm {H$E JE àr{_`_ na bmJy Jma§Q>rS> Aä¶n©U _yë` KQ>H$ Ho$ JwUZ\$b Ho$ g_mZ hmoJm& à{VeV Ho$ ê$n _| ì`ŠV {H$E JE `o Jma§Q>rS> Aä¶n©U _yë` KQ>H$ nm°{bgr Ad{Y VWm nm°{bgr df© na {Z^©a H$a|J§o; O~ nm°{bgr H$mo Aä¶n©U {H$`m J`m Wm VWm `o Bg nm°{bgr XñVmdoO Ho$ n[a{eï>-4_| _m¡OyX h¢

BgHo$ Abmdm, {Z{hV gab àË`mdVu ~moZgm|, AJa H$moB© hmo Ho$ gaoÝS>a _yë` H$m ^r ^wJVmZ {H$`m OmEJm, Omo {H$ {Z{hV ~moZg Am¡a {Z{hV ~moZgm| na bmJy Aä¶n©U _yë` KQ>H$ Ho$ JwUZ\$b Ho$ g_mZ hmoJm& `h à{VeVVm Aä¶n©U _yë` KQ>H$, nm°{bgr Ad{Y VWm Cg nm°{bgr df© na {Z^©a H$aoJr, O~ nm°{bgr H$mo Aä¶n©U {H$`m J`m VWm `h Bg H$mJOmV Ho$ n[a{eï>-5 Ho$ ê$n _| g§b½Z h¡&

VWm{n, Bg nm°{bgr Ho$ A§VJ©V {deof gaoÝS>a _yë` H$m ^wJVmZ {H$`m OmEJm, AJa dh nm°{bgrYmaH$ Ho$ {bE A{YH$ AZwHy$b h¡& ñnoeb Aä¶n©U _yë`, n[anŠdVm MwH$Vm ~r_m am{e (^mJ X H$s eV© 2 _| n[a^m{fV AZwgma) VWm {Z{hV gab àË`mdVu ~moZgm| Ho$ `moJ\$b H$m ñnoeb Aä¶n©U _yë` KQ>H$ go JwUZ\$b _yë` hmoJm& Bg nm°{bgr na bmJy `o ñnoeb Aä¶n©U _yë` KQ>H$ AmB©AmaS>rEAmB© H$s nyd© _§Oyar go g_`-g_` na ~Xb gH$Vo h¢&

amBS>a na H$moB© Aä¶n©U _yë` CnbãY Zht hmoJm&5. nm°{bgr F$U: AJa H$_ go H$_ nyao VrZ dfm] Ho$ àr{_`_m| H$m ^wJVmZ {H$`m

J`m hmo Vmo Bg nm°{bgr H$s {ZåZ{b{IV eVm] VWm nm°{bgr Ho$ Aä¶n©U _yë` Ho$ A§VJ©V H$s am{e Ho$ {bE VWm {ZJ_ Ûmam g_`-g_` na {ZYm©[aV H$s JB© AÝ` {Z`_m| VWm eVm] Ho$ A§VJ©V bmoZ àmßV {H$`m Om gH$Vm h¡:

1. nm°{bgr nyU©V: Aä`{n©V hmoJr VWm F$U Am¡a Cg na ã`mO H$s AXm`Vr Ho$ {bE Cgo O_mZV Ho$ ê$n _| {ZJ_ Ho$ Ûmam Ym[aV aIm OmEJm&

2. {ZJ_ H$mo ã`mO H$m ^wJVmZ, Bg nm°{bgr Ho$ A§VJ©V F$U boVo g_` {ZJ_ Ûmam {d{ZYm©[aV Xa go N>_mhr MH«$d¥{Õ Xa go {H$`m OmEJm& ã`mO H$s nhbr {H$ñV H$m ^wJVmZ AJbr nm°{bgr df©Jm§R> na `m AJbr nm°{bgr df©Jm§R> go N>: _hrZo nhbo H$s {V{W na, Omo ^r CgHo$ VwaÝV ~mX hmo, O~ F$U ñdrH¥$V {H$`m J`m Wm, {H$`m OmEJm Am¡a CgHo$ ~mX ha N>: _hrZo na {H$`m OmEJm& ã`mO H$_ go H$_ N>: _hrZm| Ho$ {bE {b`m OmEJm&

3. Eogr nm°{b{g`m| Ho$ _m_bo _| Omo {H$ à^mdr Z hm| O¡go {H$ MwH$Vm nm°{b{g`m§,D$na CëboI {H$E JE AZwgma Xo` {V{W H$mo F$U na ã`mO Ho$ ^wJVmZ _| MyH$ Ho$ H$maU, {ZJ_ 30 {XZm| H$s Zmo{Q>g Ad{Y H$s g_mpßV Ho$ ~mX {H$gr ^r g_`, Eogr MyH$ H$aZo dmbr nm°{b{g`m| H$mo g_` nyd© g_mßV H$aZo Ho$ {bE A{YH¥$V h¡& Eogr nm°{b{g`m| H$mo g_` nyd© g_mßV {H$E OmZo na nyd©-g_mpßV H$s {V{W na do Aä¶n©U _yë` Ho$ ^wJVmZ H$s nmÌ hm|Jr, {Ogo ~H$m`m F$U VWm Cg na O_m ã`mO H$mo H$mQ>H$a AXm H$a {X`m OmEJm& hmbm§{H$, à^mdr nm°{b{g`m| Ho$ _m_bo _| (Ohm§ g^r àr{_`_m| H$m ^wJVmZ {H$`m J`m hmo), nyd© gm_mpßV H$s {H«$`m bmJy Zht hmoJr&

4. AJa nm°{bgr n[anŠd hmoVr h¡ ¶m nm°{bgr H$mo Aä¶n©U {H$¶m OmVm h¡ `m _¥Ë`w Ho$ H$maU Xmdm {H$`m OmVm h¡ Vmo {ZJ_ Ûmam nm°{bgr H$s YZam{e go ~H$m`m F$U `m CgHo$ {H$gr A§e H$mo g^r Xo` ã`mOm| Ho$ gmW H$mQ> {b`m OmEJm&

^mJ - `bmJy Zht^mJ - a: AÝ` {Z`_ d eV]1. ’«$s bwH$ nr[a¶S>: ’«$s bwH$ nr[a¶S> Ho$ Xm¡amZ, AJa nm°{bgrYmaH$ nm°{bgr Ho$

{Z`_ VWm eVm] go$ g§VwîQ> Zht h¡ Vmo dh AnZr Amn{Îm`m| Ho$ H$maU H$m CëboI H$aVo hþE nm°{bgr H$mo bm¡Q>m gH$Vm h¡& BgHo$ àmßV hmoZo na {ZJ_ nm°{bgr H$mo aÔ H$a XoJm VWm g§a{jV Omo{I_ Ad{Y Ho$ {bE AmZwnm{VH$ Omo{I_ àr{_`_ (_yb

þ

nm°{bgr Am¡a amBS>a, AJa MwZm J`m hmo, Ho$ {bE) ñdmñÏ` Om§M ewëH$ d ñQ>¡ån S>çyQ>r hoVw ewëH$ H$mo H$mQ>H$a, O_m {H$E JE àr{_`_ H$mo bm¡Q>m XoJm&

2. A) g‘mZwXoeZ: Bg nm°{bgr Ho$ A§VJ©V g_`-g_ na `Wm g§emo{YV ~r_m A{Y{Z`_, 1938 H$s Ymam 38 Ho$ VhV g‘mZwXoeZ H$s AZw_{V h¡& Ymam 38 Ho$ _m¡OyXm àmdYmZ Bg nm°{bgr XñVmdoO Ho$ n[a{eï>-1 _| {XE JE h¢& g‘mZwXoeZ H$m Zmo{Q>g {ZJ_ Ho$ Bg H$m`m©b` _| n§OrH$aU Ho$ {bE {X`m OmZm Mm{hE, Ohm§ nm°{bgr H$mo godmE§ àXmZ H$s OmVr h¡&~) Zm_m§H$Z: g_`-g_` na `Wmg§emo{YV ~r_m A{Y{Z`_ 1938 H$s Ymam Ho$ A§VJ©V OrdZ ~r_m H$s nm°{bgr Ho$ YmaH$ Ûmam Zm_m§H$Z Ano{jV h¡& Ymam 39 Ho$ _m¡OyXm àmdYmZ Bg nm°{bgr XñVmdoO Ho$ n[a{eï>-2 _| {XE JE h¢& Zm_m§H$Z `m Zm_m§H$Z ~XbZo H$s gyMZm H$mo godmE§ àXmZ H$s OmVr h¡& Zm_m§H$Z Ho$ n§OrH$aU _| {ZJ_ CgH$s d¡YVm `m H$mZyZr à^md Ho$ ~mao _| H$moB© {Oå_oXmar Zht ñdrH$ma H$aVm h¡ `m H$moB© am` Zhr§ ì`ŠV H$aVm h¢&

3. AmË_hË`m: `h nm°{bgr Ad¡Y _mZr OmEJr&i. AJa ~r{_V ì`pŠV (Mmho dh _mZ{gH$ ê$n go ñdñW hmo `m AñdñW),

Omo{I_ Ho$ Ama§^ hmoZo H$s {V{W go 12 _hrZm| Ho$ A§Xa AmË_hË`m H$aVm h¡ Vmo {ZJ_ Ûmam Bg nm°{bgr Ho$ A§VJ©V {H$gr Xmdo na {dMma Zht {H$`m OmEJm, Ho$db AXm {H$E JE àr{_`åg Ho$ 80% H$mo, {H$Ýht A{V[aŠV am{e`m|,{OÝh| ~r_mboIZ {ZU©`m| Ho$ H$maU nm°{bgr Ho$ A§VJ©V {b`m J`m hmo, VWm Q>_© Eí`moaoÝg amBS>a go {^ÝZ {H$gr amBS>a Ho$ àr{_`_ H$mo N>mo‹S>H$a, AJa H$moB© hmo, H$m ^wJVmZ {H$`m OmEJm& ~eV} nm°{bgr Mmby AdñWm _| hmo&

ii. AJa ~r{_V ì`pŠV (Mmho dh _mZ{gH$ ê$n go ñdñW hmo `m AñdñW), nwZ©MbZ H$s {V{W go 12 _hrZm| Ho$ A§Xa AmË_hË`m H$aVm h¡ Vmo _¥Ë`w H$s {V{W VH$ AXm {H$E JE àr{_`åg Ho$ 80% H$mo {H$gr A{V[aŠV am{e`m|, {Ogo ~r_mboIZ {ZU©`m| Ho$ H$maU nm°{bgr Ho$ A§VJ©V {b`m J`m hmo VWm Q>_© Eí`moaoÝg amBS>a go {^ÝZ amBS>a àr{_`_, H$m ^wJVmZ {H$`m OmEJm& {ZJ_ Ûmam Bg nm°{bgr

amount if charged under the policy due to underwriting decisions and rider premiums other than term assurance rider, if any, or the surrender value, shall be payable. The Corporation will not entertain any other claim under this policy. This clause shall not be applicable for a policy lapsed without acquiring paid up value and hence nothing shall be payable under such policies.

4. Tax: Statutory Taxes, if any, imposed on such insurance plans by the Government of India or any other constitutional tax Authority of India shall be as per the Tax laws and the rate of tax as applicable from time to time.

The amount of Service Tax payable as per the prevailing rates shall be payable by the policyholder on premiums (for base policy & rider(s),if any) including extra amount if charged under the policy due to underwriting decisions, which shall be collected separately over and above in addition to the premiums payable by the policyholder. The amount of tax paid shall not be considered for the calculation of any benefi ts payable under the plan.

5. Normal requirements for a claim: The normal documents which the claimant shall submit while lodging the claim in case of death of the Life Assured shall be claim forms, as prescribed by the Corporation, accompanied with original policy document, NEFT mandate from the claimant for direct credit of the claim amount to the bank account, proof of title, proof of death, medical treatment prior to the death, school/ college/ employer’s certifi cate, whichever is 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.

Where the policy results into a maturity claim or results into a survival benefi ts claim or in case of surrender of the policy, the Life Assured shall submit the discharge form along with the original policy document, NEFT mandate from the claimant for direct credit of the claim amount to the bank account besides proof of age, if the age is not admitted earlier.

Where policy results into a accidental disability/death claim the applicable statements from the following list may be called to ascertain circumstances under which death / disability took place:-

1) A certifi ed copy of fi rst information report (FIR). 2) A certifi ed copy of police inquest report. 3) Copy of panchanama. 4) Post mortem report to know the probable cause of death. If

viscera is preserved in post mortem, then chemical analyzer report to know the contents i.e. whether life assured has consumed liquor, drugs, narcotics or poison.

5) News paper cuttings where accident is reported. 6) If death is due to vehicle accident, then copy of driving licence, if

life assured was driving the vehicle. 7) Sub-divisional magistrate fi nal verdict about death- this will give

classifi cation of death as ‘natural/suicide/accidental’ 8) When accident is not reported to police authorities, like death

due to dog or snake bite, then alternate proofs such as statement of eye witness, affi davit of gramsevak or govt. offi cials, our own enquiry report, attending physician or hospital reports may be suffi cient.

9) Hospital treatment records, etc.6. Legislative Changes: The Terms and Conditions including the

premiums and benefi ts payable under this policy are subject to variation in accordance with the relevant Legislation & Regulations.

7. Benefit Illustration: Your customized Benefi t Illustration is enclosed to this document.

PART – G: STATUTORY PROVISIONSSection 45 of the Insurance Act, 1938:The provisions of the sections 45 of the Insurance Act, 1938 shall be applicable as amended from time to time. The current provisions are contained in Annexure-III of this Policy Document. Grievance Redressal Mechanism:The Corporation has Grievance Redressal Offi cers at Branch/ Divisional/ Zonal/ Central Offi ce to redress grievances of customers. For ensuring quick redressal of customer grievances the Corporation has introduced Customer friendly Integrated Complaint Management System through our Customer Portal (website) which is http://www.licindia.in, where a registered policy holder can directly register complaint/ grievance and track its status. Customers can also contact at e-mail id [email protected] for redressal of any grievances.In case the customer is not satisfi ed with the response or do not receive a response from us within 15 days, then the customer may approach the Grievance Cell of the IRDAI through any of the following modes: • Calling Toll Free Number 155255 / 18004254732

(i.e. IRDAI Grievance Call Centre) • Sending an email to [email protected] • Register the complaint online at http://www.igms.irda.gov.in • Address for sending the complaint through courier / letter:

Consumer Affairs Department, Insurance Regulatory and Development Authority of India, 9th Floor, United India Towers, Basheerbagh, Hyderabad – 500 029, Andhra Pradesh.

• Sending the complaint by Fax to 040-66789768 Claimants not satisfi ed with the decision of death claim repudiation

have the option of referring their cases for review to Zonal Offi ce Claims Dispute Redressal Committee or Central Offi ce Claims Dispute Redressal Committee. A retired High Court/ District Court Judge is member of each of the Claims Dispute Redressal Committees. For Redressal of Claims related grievances, claimants can also approach Insurance Ombudsman who provides for low cost and speedy arbitration to customers.

Ho$ A§VJ©V {H$gr AÝ` Xmdo na {dMma Zht {H$`m OmEJm& `h Ymam bmJy Zht hmoJr AJa nm°{bgr MwH$Vm _yë` àmßV {H$E {~Zm H$mbmVrV hmo J`r hmo Vmo Eogr nm°{b{g`m| Ho$ A§VJ©V Hw$N> ^r Xo` Zht hmoJm&

4. H$a: Eogr B§í`moaoÝg ßbmÝg na `{X H$moB© d¡Ym{ZH$ H$a ^maV gaH$ma `m {H$gr AÝ` ^maV H$s g§d¡Ym{ZH$ g§ñWm Ûmam H$a bJm`m OmVm h¡ Vmo dh g_`-g_` na bmJy H$a g§~§Yr H$mZyZmo Am¡a H$a H$s Xa Ho$ AZwgma hmoJm&

nm°{bgrYmaH$ H$mo àr{_`_m| (_yb nm°{bgr VWm amBS>g© Ho$ {bE, AJa H$moB© hmo), {Og_| ~r_mboIZ g§~§Yr {ZU©`m| Ho$ H$maU AJa nm°{bgr Ho$ A§VJV© H$moB© A{V[aŠV am{e br JB© hmo Vmo dh ^r em{_b h¡, na Xo` godmH$a _m¡OyXm Xam| go {b`m OmEJm, Omo {H$ nm°{bgrYmaH$ Ûmam Xo` àr{_`_m| Ho$ D$na d A{V[aŠV hmoJm& AXm {H$E JE H$a H$s am{e H$mo ßbmZ Ho$ A§VJ©V Xo` {hVbm^m| H$s JUZm _| em{_b Zht {H$`m OmEJm&

5. Xmdo Ho$ {bE gm_mÝ` AnojmE§: ~r{_V ì`pŠV/àñVmdH$ H$s _¥Ë`w hmoZo na XmdoXma Ûmam Xmdm àñVwV H$aVo g_` Xo` gm_mÝ` XñVmdoOm| _| {ZJ_ Ûmam {d{ZYm©[aV Xmdm ànÌ Ho$ gmW _yb nm°{bgr XñVmdoO, Xmdo H$s am{e Ho$ grYo ~¢H$ ImVo> _| O_m hmoZo Ho$ {bE XmdoXma H$s Amoa go EZB©E\$Q>r AmXoe, ñdm{_Ëd H$m à_mU, _¥Ë`w H$m à_mU, _¥Ë`w go nyd© {M{H$Ëgm CnMma, ñHy$b/H$m°boO/{Z`moŠVm H$m à_mU nÌ, BZ _| go Omo bmJy hmo, {ZJ_ H$mo g§VmofàX ê$n _| noe H$aZm hmoJm& AJa nm°{bgr Ho$ A§VJ©V C_« ñdrH¥$V Zht H$s h¡, Vmo ~r{_V ì`pŠV/àñVmdH$ H$s C_« H$m à_mU nÌ ^r àñVwV H$aZm hmoJm&

nm°{bgr Ho$ n[anŠdVm Xmdo _| n[aUV hmoZo `m {dÚ_mZVm {hVbm^ Xmdo H$s pñW{V àmßV H$aZo `m nm°{bgr Ho$ gaoÝS>a {H$E OmZo H$s pñW{V _|, ~r{_V OrdZ H$mo {S>ñMmO© \$m°_© Ho$ gmW _yb nm°{bgr XñVmdoO, Xmdo H$s am{e Ho$ grYo ~¢H$ ImVo> _| O_m hmoZo Ho$ {bE XmdoXma H$s Amoa go EZB©E\$Q>r AmXoe, C_« H$m à_mU, AJa C_« H$mo nhbo ñdrH¥$V Zht {H$`m J`m hmo, àñVwV H$aZm hmoJm&

nm°{bgr Ho$ A§VJ©V XþK©Q>ZmË_H$ AeŠVVm/_¥Ë`w H$m Xmdm CËnÝZ hmoZo na {ZåZ{b{IV gyMr _| go bmJy {dda{U`m§ _§Jdm`r Om gH$Vr h¡, Vm{H$ gw{ZpíMV hmo gHo$ {H$ _¥Ë`w {H$Z n[apñW{V`m| _| hþB©:

1) àmW{_H$ (E\$AmB©Ama) H$s à_m{UV à{V{b{n 2) nw{bg N>mZ~rZ (Om§M) [anmoQ>© H$s à_m{UV à{V{b{n 3) n§MZm_m H$s à{V{b{n 4) _¥Ë`w Ho$ g§^m{dV H$maU H$s OmZH$mar Ho$ {bE nmoñQ> _m°Q>©_ H$s [anmoQ>©. AJa

nmoñQ> _m°Q>©_ _| {~gam H$mo gwa{jV {H$`m J`m h¡ Vmo CgH$s gm_{J«`m| H$s OmZH$mar Ho$ {bE Ho${_H$b EZmbmBOa [anmoQ>© AWm©V Š`m ~r{_V ì`pŠV Zo eam~, S´>½g, _mXH$ Ðì`m| `m Oha H$m godZ {H$`m Wm&

5) AI~ma H$s H$qQ>J, {Og_| XþK©Q>Zm H$m CëboI {H$`m J`m hmo& 6) AJa _¥Ë`w H$m H$maU dmhZ XþK©Q>Zm hmo Vmo S´>mBqdJ bmBg|g H$s à{V{b{n,

AJa ~r{_V ì`pŠV dmhZ Mbm ahm hmo& 7) _¥Ë`w Ho$ ~mao _| g~-{S>{dOZb _m{OñQ´>oQ> H$m A§{V_ {ZU©`- Bgo$ _¥Ë`w Ho$

dJuH$aU - ñdm^m{dH$/AmË_hË`m/XþK©Q>ZmË_H$ H$s OmZH$mar {_boJr& 8) Ohm§ XþK©Q>Zm H$s [anmoQ>© nw{bg _| Zht H$s JB© hmo, O¡go {H$ Hw$Îmo `m gm§n

Ho$ H$mQ>Zo go _¥Ë`w, Vmo d¡H$pënH$ à_mU {X`m OmZm Mm{hE O¡go {H$ Mí_XrX Jdmh H$m ~`mZ, J«m_godH$ `m gaH$mar A{YH$mar H$m hb\$Zm_m, h_mar AnZr nyN>VmN> [anmoQ>©, BbmO H$aZo dmbo S>m°ŠQ>a `m AñnVmb H$s [anmoQ>© n`m©ßV hmo gH$Vr h¡&

9) AñnVmb _| BbmO H$s [aH$m°S>©6. d¡Ym{ZH$ n[adV©Z: Bg nm°{bgr Ho$ A§VJ©V àr{_`_ d Xo` {hVbm^ VWm {Z`_

VWm eV] g§~§{YV {dYmZm| Am¡a {d{Z`_m| _| n[adV©Z Ho$ {df`mYrZ hm|Jo&7. bm^m| H$m CXmhaU: AmnHo$ AZwHy$b {hVbm^ H$m CXmhaU Bg nm°{bgr XñVmdoO

Ho$ gmW g§b½Z h¡&^mJ - b: gm§{d{YH$$ àmdYmZ~r_m A{Y{Z`_ 1938 H$s Ymam 45:g_`-g_` na `emg§emo{YV ~r_m A{Y{Z`_ 1938 H$s Ymam 45 H$m àmdYmZ _m¡OyXm àmdYmZ n[a{eï>-III _| g§b½Z h¡&{eH$m`V g_mYmZ àUmbr:J«mhH$mo§ H$s {eH$m`Vm| Ho$ g_mYmZ Ho$ {bE {ZJ_ Ho$ emIm/_§S>b/joÌr`/Ho$ÝÐr` H$m`m©b` _| {eH$m`V g_mYmZ A{YH$mar h¢& J«mhH$m| H$s {eH$m`V H$m erK« g_mYmZ H$aZo Ho$ {bE {ZJ_ Zo AnZo H$ñQ>_a nmoQ>©b (do~gmBS>) http://www.licindia.in Ho$ μO[aE J«mhH$ ew^{MÝVH$ EH$sH¥$V {eH$m`V à~§YZ àUmbr àñVwV H$s h¡, {OgHo$ μO[aE n§OrH¥$V nm°{bgrYmaH$ AnZr {eH$m`V H$mo grYo XO© H$a gH$Vo h¢ VWm CgH$s pñW{V na {ZJamZr aI gH$Vo h¢& J«mhH$ AnZr {H$gr g_ñ`m Ho$ g_mYmZ Ho$ {bE B©_ob AmB©S>r [email protected] na ^r gånH©$ H$a gH$Vo h¢&AJa àmßV à{VgmX go J«mhH$ g§VwîQ> Zht hmo ¶m Cgo 15 {XZm| Ho$ A§Xa h‘go H$moB© à{VgmX Z {‘bo Vmo J«mhH$ {ZåZ{b{IV {H$gr ‘mܶ‘ go AmB©AmaS>rEAmB© Ho$ {eH$m¶V H$j hmo gånH©$ H$a gH$Vm h¡ & · Q>mob ’«$s Z§~a 155265/18004254732 (AWm©V AmB©AmaS>rEAmB© {eH$m¶V

H$m°b goÝQ>a) na H$m°b H$ao · ¶hm§ B© ‘ob ^oOo [email protected]

· Am°ZbmBZ {eH$m¶V http://www.igms.irda.gov.in na XO© H$ao · Hy$[a¶a/nÌ Ho$ O[aE {eH$m¶V ¶hm§ ^oOH$a: Cn^mo³Vm ‘m‘bo {d^mJ, ^maVr¶

~r‘m {d{Z¶m‘H$ VWm {dH$mg àm{YH$aU, 9dt ‘§{Ob, ¶wZm¶Q>oS> B§{S>¶m Q>mdg©, ~era~mJ, h¡Xam~mX - 500 029, Am§Y« àXoe &

· ’¡$³g Z§. 040-66789768 na {eH$m¶V ^oOoOmo XmdoXma _¥Ë`w Ho$ Xmdo H$mo AñdrH¥$V {H$E OmZo Ho$ {ZU©` go Ag§VwîQ> hm| do AnZo _m_bo H$mo g_rjm Ho$ {bE joÌr` H$m`m©b` Ûmam {ddmX g_mYmZ g{_{V `m Ho$ÝÐr` H$m`m©b` Xmdm {ddmX g_mYmZ g{_{V Ho$ nmg ^oO gH$Vo h¢& àË`oH$ Xmdm {ddmX g_mYmZ g{_{V _| CÀM Ý`m`mb`/{Obm Ý`m`mb` Ho$ EH$ godm{Zd¥Îm OO gXñ` Ho$ ê$n _| h¢& {eH$m`Vm| go g§~§{YV Xmdm| Ho$ g_mYmZ Ho$ {bE XmdoXma ^maV gaH$ma Ûmam {Z`wŠV ~r_m bmoH$nmb go ^r gånH©$ H$a gH$Vo h¢ Omo {H$ J«mhH$m| H$mo H$_ IM} Ho$ gmW Ëd[aV J{V go _Ü`ñWVm àXmZ H$aZo Ho$ {bE h¡&

amount if charged under the policy due to underwriting decisionsand rider premiums other than term assurance rider, if any, or the surrender value, shall be payable. The Corporation will not entertain any other claim under this policy. This clause shall not be applicable for a policy lapsed without acquiring paid up value and hence nothing shall be payable under such policies.

4. Tax: Statutory Taxes, if any, imposed on such insurance plans by the Government of India or any other constitutional tax Authority of Indiashall be as per the Tax laws and the rate of tax as applicable from time to time.

The amount of Service Tax payable as per the prevailing rates shall be payable by the policyholder on premiums (for base policy & rider(s),if any) including extra amount if charged under the policy due to underwriting decisions, which shall be collected separately over andabove in addition to the premiums payable by the policyholder. Theamount of tax paid shall not be considered for the calculation of any benefi ts payable under the plan.

5. Normal requirements for a claim: The normal documents which theclaimant shall submit while lodging the claim in case of death of theLife Assured shall be claim forms, as prescribed by the Corporation, accompanied with original policy document, NEFT mandate from the claimant for direct credit of the claim amount to the bank account, proof of title, proof of death, medical treatment prior to the death, school/ college/ employer’s certifi cate, whichever is applicable, to the satisfaction of the Corporation. If the age is not admitted under thepolicy, the proof of age of the Life assured shall also be submitted.

Where the policy results into a maturity claim or results into a survival benefi ts claim or in case of surrender of the policy, the Life Assuredshall submit the discharge form along with the original policy document, NEFT mandate from the claimant for direct credit of the claim amount to the bank account besides proof of age, if the age isnot admitted earlier.

Where policy results into a accidental disability/death claim the applicable statements from the following list may be called toascertain circumstances under which death / disability took place:-

1) A certifi ed copy of fi rst information report (FIR). 2) A certifi ed copy of police inquest report. 3) Copy of panchanama. 4) Post mortem report to know the probable cause of death. If

viscera is preserved in post mortem, then chemical analyzer report to know the contents i.e. whether life assured has consumed liquor, drugs, narcotics or poison.

5) News paper cuttings where accident is reported. 6) If death is due to vehicle accident, then copy of driving licence, if

life assured was driving the vehicle. 7) Sub-divisional magistrate fi nal verdict about death- this will give

classifi cation of death as ‘natural/suicide/accidental’ 8) When accident is not reported to police authorities, like death

due to dog or snake bite, then alternate proofs such as statementof eye witness, affi davit of gramsevak or govt. offi cials, our ownenquiry report, attending physician or hospital reports may be suffi cient.

9) Hospital treatment records, etc.6. Legislative Changes: The Terms and Conditions including the

premiums and benefi ts payable under this policy are subject tovariation in accordance with the relevant Legislation & Regulations.

7. Benefit Illustration: Your customized Benefi t Illustration is enclosed to this document.

PART – G: STATUTORY PROVISIONSSection 45 of the Insurance Act, 1938:The provisions of the sections 45 of the Insurance Act, 1938 shall be applicable as amended from time to time. The current provisions arecontained in Annexure-III of this Policy Document.Grievance Redressal Mechanism:The Corporation has Grievance Redressal Offi cers at Branch/ Divisional/ Zonal/ Central Offi ce to redress grievances of customers. For ensuringquick redressal of customer grievances the Corporation has introducedCustomer friendly Integrated Complaint Management System through our Customer Portal (website) which is http://www.licindia.in, where aregistered policy holder can directly register complaint/ grievance andtrack its status. Customers can also contact at e-mail id [email protected] for redressal of any grievances.In case the customer is not satisfi ed with the response or do not receive a response from us within 15 days, then the customer may approach the Grievance Cell of the IRDAI through any of the following modes: • Calling Toll Free Number 155255 / 18004254732

(i.e. IRDAI Grievance Call Centre) • Sending an email to [email protected] • Register the complaint online at http://www.igms.irda.gov.in • Address for sending the complaint through courier / letter:

Consumer Affairs Department, Insurance Regulatory and Development Authority of India, 9th Floor, United India Towers, Basheerbagh, Hyderabad – 500 029, Andhra Pradesh.

• Sending the complaint by Fax to 040-66789768 Claimants not satisfi ed with the decision of death claim repudiation

have the option of referring their cases for review to Zonal Offi ce Claims Dispute Redressal Committee or Central Offi ce Claims Dispute Redressal Committee. A retired High Court/ District Court Judge is member of each of the Claims Dispute Redressal Committees. For Redressal of Claims related grievances, claimants can also approach Insurance Ombudsman who provides for low cost and speedy arbitration to customers.

Ho$ A§VJ©V {H$gr AÝ` Xmdo na {dMma Zht {H$`m OmEJm& `h Ymam bmJy Zht hmoJr AJa nm°{bgr MwH$Vm _yë` àmßV {H$E {~Zm H$mbmVrV hmo J`r hmo Vmo Eogr nm°{b{g`m| Ho$ A§VJ©V Hw$N> ^r Xo` Zht hmoJm&

4. H$a: Eogr B§í`moaoÝg ßbmÝg na `{X H$moB© d¡Ym{ZH$ H$a ^maV gaH$ma `m {H$gr AÝ` ^maV H$s g§d¡Ym{ZH$ g§ñWm Ûmam H$a bJm`m OmVm h¡ Vmo dh g_`-g_` na bmJy H$a g§~§Yr H$mZyZmo Am¡a H$a H$s Xa Ho$ AZwgma hmoJm&

nm°{bgrYmaH$ H$mo àr{_`_m| (_yb nm°{bgr VWm amBS>g© Ho$ {bE, AJa H$moB© hmo),{Og_| ~r_mboIZ g§~§Yr {ZU©`m| Ho$ H$maU AJa nm°{bgr Ho$ A§VJV© H$moB© A{V[aŠV am{e br JB© hmo Vmo dh ^r em{_b h¡, na Xo` godmH$a _m¡OyXm Xam| go {b`m OmEJm, Omo {H$ nm°{bgrYmaH$ Ûmam Xo` àr{_`_m| Ho$ D$na d A{V[aŠV hmoJm& AXm {H$E JE H$a H$s am{e H$mo ßbmZ Ho$ A§VJ©V Xo` {hVbm^m| H$s JUZm _| em{_b Zht {H$`m OmEJm&

5. Xmdo Ho$ {bE gm_mÝ` AnojmE§: ~r{_V ì`pŠV/àñVmdH$ H$s _¥Ë`w hmoZo na XmdoXma Ûmam Xmdm àñVwV H$aVo g_` Xo` gm_mÝ` XñVmdoOm| _| {ZJ_ Ûmam {d{ZYm©[aV Xmdm ànÌ Ho$ gmW _yb nm°{bgr XñVmdoO, Xmdo H$s am{e Ho$ grYo ~¢H$ ImVo> _| O_m hmoZo Ho$ {bE XmdoXma H$s Amoa go EZB©E\$Q>r AmXoe, ñdm{_Ëd H$m à_mU,_¥Ë`w H$m à_mU, _¥Ë`w go nyd© {M{H$Ëgm CnMma, ñHy$b/H$m°boO/{Z`moŠVm H$m à_mU nÌ, BZ _| go Omo bmJy hmo, {ZJ_ H$mo g§VmofàX ê$n _| noe H$aZm hmoJm& AJa nm°{bgr Ho$ A§VJ©V C_« ñdrH¥$V Zht H$s h¡, Vmo ~r{_V ì`pŠV/àñVmdH$ H$s C_« H$m à_mU nÌ ^r àñVwV H$aZm hmoJm&

nm°{bgr Ho$ n[anŠdVm Xmdo _| n[aUV hmoZo `m {dÚ_mZVm {hVbm^ Xmdo H$s pñW{V àmßV H$aZo `m nm°{bgr Ho$ gaoÝS>a {H$E OmZo H$s pñW{V _|, ~r{_V OrdZ H$mo {S>ñMmO© \$m°_© Ho$ gmW _yb nm°{bgr XñVmdoO, Xmdo H$s am{e Ho$ grYo ~¢H$ ImVo> _| O_m hmoZo Ho$ {bE XmdoXma H$s Amoa go EZB©E\$Q>r AmXoe, C_« H$m à_mU, AJa C_« H$mo nhbo ñdrH¥$V Zht {H$`m J`m hmo, àñVwV H$aZm hmoJm&

nm°{bgr Ho$ A§VJ©V XþK©Q>ZmË_H$ AeŠVVm/_¥Ë`w H$m Xmdm CËnÝZ hmoZo na {ZåZ{b{IV gyMr _| go bmJy {dda{U`m§ _§Jdm`r Om gH$Vr h¡, Vm{H$ gw{ZpíMV hmo gHo$ {H$

þþ

_¥Ë`w {H$Z n[apñW{V`m| _| hþB©: 1) àmW{_H$ (E\$AmB©Ama) H$s à_m{UV à{V{b{n 2) nw{bg N>mZ~rZ (Om§M) [anmoQ>© H$s à_m{UV à{V{b{n 3) n§MZm_m H$s à{V{b{n 4) _¥Ë`w Ho$ g§^m{dV H$maU H$s OmZH$mar Ho$ {bE nmoñQ> _m°Q>©_ H$s [anmoQ>©. AJa

nmoñQ> _m°Q>©_ _| {~gam H$mo gwa{jV {H$`m J`m h¡ Vmo CgH$s gm_{J«`m| H$s OmZH$mar Ho$ {bE Ho${_H$b EZmbmBOa [anmoQ>© AWm©V Š`m ~r{_V ì`pŠV Zo eam~, S´>½g, _mXH$ Ðì`m| `m Oha H$m godZ {H$`m Wm&

5) AI~ma H$s H$qQ>J, {Og_| XþK©Q>Zm H$m CëboI {H$`m J`m hmo& 6) AJa _¥Ë`w H$m H$maU dmhZ XþK©Q>Zm hmo Vmo S´>mBqdJ bmBg|g H$s à{V{b{n,

AJa ~r{_V ì`pŠV dmhZ Mbm ahm hmo&þ

7) _¥Ë`w Ho$ ~mao _| g~-{S>{dOZb _m{OñQ´>oQ> H$m A§{V_ {ZU©`- Bgo$ _¥Ë`w Ho$ dJuH$aU - ñdm^m{dH$/AmË_hË`m/XþK©Q>ZmË_H$ H$s OmZH$mar {_boJr&

8) Ohm§ XþK©Q>Zm H$s [anmoQ>© nw{bg _| Zht H$s JB© hmo, O¡go {H$ Hw$Îmo `m gm§n Ho$ H$mQ>Zo go _¥Ë`w, Vmo d¡H$pënH$ à_mU {X`m OmZm Mm{hE O¡go {H$ Mí_XrX

þ

Jdmh H$m ~`mZ, J«m_godH$ `m gaH$mar A{YH$mar H$m hb\$Zm_m, h_mar AnZr nyN>VmN> [anmoQ>©, BbmO H$aZo dmbo S>m°ŠQ>a `m AñnVmb H$s [anmoQ>© n`m©ßV hmo gH$Vr h¡&

9) AñnVmb _| BbmO H$s [aH$m°S>©6. d¡Ym{ZH$ n[adV©Z: Bg nm°{bgr Ho$ A§VJ©V àr{_`_ d Xo` {hVbm^ VWm {Z`_

VWm eV] g§~§{YV {dYmZm| Am¡a {d{Z`_m| _| n[adV©Z Ho$ {df`mYrZ hm|Jo&7. bm^m| H$m CXmhaU: AmnHo$ AZwHy$b {hVbm^ H$m CXmhaU Bg nm°{bgr XñVmdoO

Ho$ gmW g§b½Z h¡&^mJ - b: gm§{d{YH$$ àmdYmZ~r_m A{Y{Z`_ 1938 H$s Ymam 45:g_`-g_` na `emg§emo{YV ~r_m A{Y{Z`_ 1938 H$s Ymam 45 H$m àmdYmZ _m¡OyXm àmdYmZ n[a{eï>-III _| g§b½Z h¡&{eH$m`V g_mYmZ àUmbr:J«mhH$mo§ H$s {eH$m`Vm| Ho$ g_mYmZ Ho$ {bE {ZJ_ Ho$ emIm/_§S>b/joÌr`/Ho$ÝÐr` H$m`m©b` _| {eH$m`V g_mYmZ A{YH$mar h¢& J«mhH$m| H$s {eH$m`V H$m erK« g_mYmZ H$aZo Ho$ {bE {ZJ_ Zo AnZo H$ñQ>_a nmoQ>©b (do~gmBS>) http://www.licindia.in Ho$ μO[aE J«mhH$ ew^{MÝVH$ EH$sH¥$V {eH$m`V à~§YZ àUmbr àñVwV H$s h¡, {OgHo$ μO[aE n§OrH¥$V nm°{bgrYmaH$ AnZr {eH$m`V H$mo grYo XO© H$a gH$Vo h¢ VWm CgH$s pñW{V na {ZJamZr aI gH$Vo h¢& J«mhH$ AnZr {H$gr g_ñ`m Ho$ g_mYmZ Ho$ {bE B©_ob AmB©S>r [email protected] ^r gånH©$ H$a gH$Vo h¢&AJa àmßV à{VgmX go J«mhH$ g§VwîQ> Zht hmo ¶m Cgo 15 {XZm| Ho$ A§Xa h‘go H$moB© à{VgmX Z {‘bo Vmo J«mhH$ {ZåZ{b{IV {H$gr ‘mܶ‘ go AmB©AmaS>rEAmB© Ho$ {eH$m¶V H$j hmo gånH©$ H$a gH$Vm h¡ &

· Q>mob ’«$s Z§~a 155265/18004254732 (AWm©V AmB©AmaS>rEAmB© {eH$m¶V H$m°b goÝQ>a) na H$m°b H$ao

· ¶hm§ B© ‘ob ^oOo [email protected]

· Am°ZbmBZ {eH$m¶V http://www.igms.irda.gov.in na XO© H$ao· Hy$[a¶a/nÌ Ho$ O[aE {eH$m¶V ¶hm§ ^oOH$a: Cn^mo³Vm ‘m‘bo {d^mJ, ^maVr¶

~r‘m {d{Z¶m‘H$ VWm {dH$mg àm{YH$aU, 9dt ‘§{Ob, ¶wZm¶Q>oS> B§{S>¶m Q>mdg©, ~era~mJ, h¡Xam~mX - 500 029, Am§Y« àXoe &

· ’¡$³g Z§. 040-66789768 na {eH$m¶V ^oOoOmo XmdoXma _¥Ë`w Ho$ Xmdo H$mo AñdrH¥$V {H$E OmZo Ho$ {ZU©` go Ag§VwîQ> hm| do AnZo _m_bo H$mo g_rjm Ho$ {bE joÌr` H$m`m©b` Ûmam {ddmX g_mYmZ g{_{V `m Ho$ÝÐr` H$m`m©b` Xmdm {ddmX g_mYmZ g{_{V Ho$ nmg ^oO gH$Vo h¢& àË`oH$ Xmdm {ddmX g_mYmZ g{_{V _| CÀM Ý`m`mb`/{Obm Ý`m`mb` Ho$ EH$ godm{Zd¥Îm OO gXñ` Ho$ ê$n _| h¢& {eH$m`Vm| go g§~§{YV Xmdm| Ho$ g_mYmZ Ho$ {bE XmdoXma ^maV gaH$ma Ûmam {Z`wŠV ~r_m bmoH$nmb go ^r gånH©$ H$a gH$Vo h¢ Omo {H$ J«mhH$m| H$mo H$_ IM} Ho$ gmW Ëd[aV J{V go _Ü`ñWVm àXmZ H$aZo Ho$ {bE h¡&

28177 Jeevan Labh Policy document_21-01.indd Spread 8 of 8 - Pages(8, 9)28177 Jeevan Labh Policy document_21-01.indd Spread 8 of 8 - Pages(8, 9) 15-02-2016 05:11:4715-02-2016 05:11:47


Gürmar | 30 Şubesiyle İzmir'in Yerel Market Zinciri · 2019. 10. 15. · Alttnbasak Light bm ULKER 9 Kat Tat Rulokat 170 gr. Kakao - / Rulokat 170 gr. Biskúvi 81 gr. 495 ÚLKER

Stone: Broughton Moor...Inside Back Cover: Temple Quay House - Bristol - UK 8 11 9 7 Broughton ProjeCtS Moor 10 BM 02 BM 03 BM 04 BM 07 BM 08 BM 09 BM 12 BM 13 BM 14 BM 17 BM 18 …

GR Stavoznak BM 26 A - cdn.krohne.com · BM 26 A 6 BM 26 A BM 26 A/E/RR PÞivaÞovac™ pÞ™ruby s krkem BM 26 A/E/RR To‰iv” pÞ™ruby (EN - DIN) BM 26 A/F/RR PÞivaÞovac™

BM 450/451 BM 454/455 BM 484/485

Long Moulder - BM 2-40 - BM 2-40 Basic - wpbakerygroup.org · BM 2-40 Technical details Type Weight range - Capacity max. 3000 pcs/h., at 1000 gr. Dimensions BM 2-40 Weight Connecting

Berufsmaturität - Kanton Bern · Prüfungsfächer BM 1 BM 2 BM 2 BM 1 BM 2 BM 1 BM 2 BM 1 BM 2 BM 1 BM 2 BM 2 Deutsch Mathematik Französisch Englisch Zeichnen/Gestalten Wirtschaft

Wilo-BM, BM-B, BM-S

mbkt.terengganu.gov.mymbkt.terengganu.gov.my/sites/default/files/iklan... · 2020. 11. 23. · BM 10 BM 11 BM 12 BM 13 BM 14 BM 15 BM 16 BM 18 BM 19 BM 20 BM 21 BM 22 BM 23 BM24 28

Ordz-001 - De Las Parroquias Metropolitanas

BM 200 - BM 400 - BM 600 - Iberfluid instruments · BM 200 - BM 400 - BM 600 BM 400 BM 600 BM 200. Positive displacement ... PED (dir. 97/23/CE) Compliant directive 97/23/CE, with

 · rollno BM-01318 BS-00173 BM-01321 BM-00751 9-00062 BM-00331 BM-01195 BM-00609 CT-00218 BH-01227 KP-00002 BH-00550 CT-00209 BH-00958 BM-00640 rollno

Ramakrishna Mission Sarada Vidyapith D UR.pdf · 2019. 8. 18. · 34 BM/Gr. D/035 Biplob Kar Tinkari Kar 4 1 35 BM/Gr. 0/036 Biswarup Nandi Sumanta Nandi 5.5 3 36 BM/Gr. D/037 Brindaban

Saurashtra University - COnnecting REpositories · 2013-07-15 · 3 MoM'V hþB' h¢ $& _ÝZy Or H$m H$Wm-gmoh¸‘ OrdZ g{ Ow¶S>m hþAm h¡ $& CZH$s H$hmoZ‘m| _| [mnadmnaH$ OrdZ,

-1-...設置条件 種別 記 号 頁 設置条件 種別 記 号 頁 C Gr-C-4E, Gr-C-4E-S 1 Cm Gr-Cm-4E 25 B Gr-B-4E, Gr-B-4E-S 2 Gr-Bm-4E 26 A Gr-A-4E, Gr-A-4E-S 3 Gr-Bm-4E2 27 SC

ALAH SILVER BEADSBM 029 6 beads 8.5 gr BM 030 6 beads 4.1 gr BM 031 8 beads 14.4 gr BM 032 9 beads 9.4 gr BM 033 10 beads 4.7 gr BM 034 15 beads 3.2 gr

gaë¶m F$VwM§ dmñVd - Dr.Sunilkumar Lawate€˜mUg Xþæ ‘, bmMma, ‘yë hrZ OrdZ OJUmar nhm Mmo. Ë m Mr C~J m Mr ‘bm. Aem À m Xe©ZmVyZ "gmdYmZ' H${dVm ñ’w$abr. AmOy~mOwbm

legacy-reports.cotswoldarchaeology.co.uk · BM 109.43m El Sub Sta BM 111.02m Sabre BM 109.72m 108.8m 109.7m BM 109.59m BM 1 08 108.8m Car Park BM 112.00m 110.6m 110.9m 108.2m BM 111.53m

BM 200 - BM 400 - BM 600 - Aljac Fuelling Components · Positive displacement meters series BM 200 - BM 400 - BM 600 ISOIL PD meter series BM sizes 2”, 3”, 4” and 6” offers

KMBT C554-20130902074035 - · PDF file · 2013-09-02rines. sub found bm waves ma - bm bm rines. the bm so sea bm up bm green. bm to bm the sun bm lived Bm bm bm ma - bm bm till bm

 · bm-7057 bm-7058 02-4871 bm-7070 58-2313 40-5162 40-5160 40-5164 40-5163 40-5161 bm-7105 bm-7106 bm-7161 bm-7256 bm-7163 bm-7232 bm-7233 10-6631 bm-7137 58-1538 am-ioo am-150 am-300

Berufsmaturität während der beruflichen Grundbildung an … › content › dam › sgch › bildung-sport › berufs... · 2 days ago · BM 1 BM 2 BM 1 BM 2 BM 1 BM 2 BM 1 BM

Bm D% o 9 ] F 0% Bm +f D% Bm D%

H$ · 4. ‘¡{Wbr dV©H$, dgB© àW‘ H«$‘m§H$ (B§J«Or) Aer Agob Zdr OrdZ e¡br 5. n[a{UVm nmQ>rb, JmoaoJmd {ÛVr` H«$‘m§H$ (B§J«Or) Aer Agob Zdr OrdZ e¡br 6. éÐ

Verzeichnis der Anlagen Anlage 1: Fachspezifische Anlagen ... · Basismodul 0 BM 0a BM 0b Basismodul 1 BM 1a BM 1b Basismodul 2 BM 2a BM 2b Basismodul 3 BM 3a BM 3b Basismodul 4 BM

TEGNFORKLARING - Bergen · Bm Bm Bm Bm Bm Bm Bm Bm Bm m Bm Bm Bm Bm Bm Bm 45 40 5 15 10 35 40 30 25 15 20 40 35 35 45 40 30 35 35 30 25 20 30 45 40 35 38.8 42.9 39.3 40.4 3.9 3.4

Basingstoke and Deane Borough Council Polhampton Foxdown · BM 81.71m BM 90.09m BM 109.17m BM 130.78m BM 114.36m BM 85.01m BM 98.03m BM 85.26m BM 111.20m BM 127.31m BM 82.52m 87.37m

{Xì` OrdZsivanandaonline.org/public_html/admin/media/pdf/... · {Xì` OrdZ ... r ™ ™ ™

ho à^w h‘mao {Xb AmnHo$ {b¶o ~ZmE JE h¢, Am¡a O~ VH ...Eo ‘oao {Xb {XZ 3: OrdZ H$m ‘yb ómoV“g~go A{YH$ AnZo ‘Z H$sajm H$a; ³ m|{H$ OrdZ H$m ‘yb ómoV dhr h¡ ”

BM 200 - BM 400 - BM 600 - Iberfluid · 2016. 8. 23. · Positive displacement meters series BM 200 - BM 400 - BM 600 ISOIL PD meter series BM sizes 2”, 3”, 4” and 6” offers

¡logo BM.pdf · referencia BM 00101 BM 00107 BM 00113 BM 00119 BM 00125 BM 00131 BM 00137 BM 00143 BM 00201 BM 00207 BM 00219 BM 00225 BM 00231 BM 00237 BM 00243

BM-52S BM-52HS BM-52S 3,800 6,650 2,300 200V 1.5kw —7) BM

School ondersteuningsprofiel 2015-2017 · Gr 1 Gr 2 Gr 3 Gr 4 Gr 5 Gr 6 Gr 7 Gr 8 02 1 Aantal kinderen met een Groeidocument B (okt. 2015) Gr 1 Gr 2 Gr 3 Gr 4 Gr 5 Gr 6 Gr 7 Gr 8

cIcI˶m H$m¶m©Z§ COicr cmImo OrdZ§ - Arvind Gupta · 166 cIcI˶m H$m¶m©Z§ COicr cmImo OrdZ§ Zrcm e‘m© Omog A°ÝQ>mo{ZAmo A°~«o¶y, Ho$Z am°{~ÝgZ Am{U gwJmVm {‘Ìm

GR-SXM757UM GR-SXM357UM GR-SX887UM GR-AX787UM

Sops Then how Unis. Bm bm bm bm bm bm bm bm, the rein- deer loved—— him 00, the the rein-deer loved him. Then all the rein- deer, Ru the rein-deer loved him. red - nosed rein the