FAQs

Life Insurance

10 Jan 2019

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Usually, the Insurance Company will send intimation attaching the discharge voucher to the policyholder at least 2 to 3 months in advance of the date of maturity of the policy intimating the claim amount payable.  The policy bond and the discharge voucher duly signed and witnessed are to be returned to the insurance company immediately so that the insurance company will be able to make payment. If the policy is assigned in favor of any other person the claim amount will be paid only to the assignee who will give the discharge.

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