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Life insurance works on the principle of utmost good faith which means that the information declared by the customer would be considered as accurate and the policy would be issued based on the information provided in the proposal form. Incorrect declaration can lead to the termination of the policy or denial of claim. The declaration made by the applicant is considered to arrive at the premium and the coverage, if incorrect declaration is made in the proposal form it results in claim being rejected by the insurance company.
Also read to know more about Max Life Insurance: Premium Receipts, Surrender Value, Auto Pay
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download an Edelweiss Tokio life insurance policy statement, you typically need to follow the below steps.
To download a Canara HSBC OBC life insurance policy statement, you typically need to follow the below steps.
To download a Bharti AXA life insurance policy statement, you typically need to follow the below steps.
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