Important do's and don'ts for policy holders
Important do's and don'ts for policyholders Do's ¢ Pay premium by cheque/DD/pay orders/Online payment modes ¢ Insist for receipt of premium paid ¢ Fill up the proposal form yourself and give complete & factual information, false or misleading information may lead to dispute at the time of claim ¢ Disclose all material facts viz. any disease suffered in the past, details of claims taken on the expiring policy, ¢ On receipt, verify policy details. In case of any discrepancy, report immediately to avoid any inconvenience ¢ Provide updated address and contact no for correspondence ¢ Buy policies from Licensed IRDA agents & brokers ¢ Please report if the policy is not received within 15 days after payment of premium. Don'ts ¢ Don't pay cash to any unauthorized person. ¢ Don't sign a blank proposal form. ¢ Don't provide false or misleading information. ¢ Don't leave any portion of the proposal form blank or unan...