Terms And Conditions Of Life Insurance Policy

Without the knowledge about this matter it will be difficult for you to understand the concepts and policies under the life insurance conditions that are held in front of you.

Terms and conditions of life insurance policy. I have read and accepted the terms and conditions. All product information displayed on this website is subject to policy terms and conditions including eligibility criteria exclusions and limitations. The receipt of the filled up online proposal form and the initial premium by the company does not create any obligation upon the company to underwrite the. It requires us royal london to give you these terms and conditions.

The financial conduct authority is a financial services regulator. This is why the insured and his nominees need to thoroughly understand the terms conditions read as exclusions of the term insurance plan as given in the policy document. Life insurance provided by the royal london mutual insurance society limited royal london and explains the full details of the policy. 2 2 amount of cover the amount of cover provided is shown in your policy schedule.

I agree to be contacted by max life insurance over riding my do not disturb 1. Part a common terms part b terms and conditions called terms or terms and conditions governing the use of this website part a common terms introduction. Life insurance terms are sometimes confusing since it may differ depending on your service provider. Your policy schedule is personalised to show the features benefits and exclusions that apply to your policy.

2 18 terms or terms and conditions means these terms and conditions for availing the facility and use of the website. You should read these terms and conditions carefully and then keep. The following are. This document contains the following parts.

The policy tenure is the duration for which the policy provides life insurance coverage. The policy schedule and these policy terms and conditions. 2 1 who is covered the life assured is covered. Every insurer has its own set of terms conditions when it comes to term insurance plans.

2 17 policyholder means a person who holds a policy of icici prudential. 2 16 policy means the policy of life insurance of icici prudential individual or group including policy for pension and annuity products. Without prejudice to harbor life s other rights under these terms and conditions if you breach these terms and conditions in any way harbor life may take such action as harbor life deems appropriate to deal with the breach including suspending your access to the website prohibiting you from accessing the website blocking computers using your ip address from accessing the website. The policy tenure can be any period ranging from 1 year to 100 years or whole life depending on the types of life insurance plan and its terms and conditions.