Fill the Proposal Form carefully:
Fill in the proposal form yourself and provide true information about your health, financial status, occupation etc..
Read the Policy Document and Benefit Illustration carefully:
Read the policy document carefully and understand the terms and conditions.
Understand Benefit Illustration (BI) given by Insurance Agent prior to signing the Proposal Form.
Payment Option & Paying Premium in time:
Pay your premiums regularly to keep your policy in-force to continue to avail its benefits.
It is advisable to opt for any of the automatic debit modes for renewal premium payment as they reduce chances of missing payment by due date.
Are you adequately Insured:
Review your insurance needs regularly for adequate cover.
Right to Timely Claims Settlement:
Ideally, the Company settles a claim within 30 days of submission of all the necessary documents.
Update Contact Details:
Intimate change in address, contact number, e-mail id and nominee to the Company .
Assignment & Reassignment:
If your policy is assigned for a loan, ensure that the reassignment notice is sent to the Company and is noted after the loan is repaid. T he reassigned policy should be taken back from the lender.