8/17/2019 Sales Literature ADB Linked Rider

1/2

 

( )

.

, ,

.

18 65

70

() 5 30 , .

. 

. 25,000 . 50,00,000,

.

.

,

.

.

/

.

, , , ( ), ,

, .

,

.

,

.

•  ,

.

8/17/2019 Sales Literature ADB Linked Rider

2/2

Prohibition of Rebates:

Section 41 of Insurance A

•  No person shall allow or of

to take or renew or continue

India, any rebate of the whshown on the policy, nor sh

rebate, except such rebate as

of the insurer.

Provided  that acceptance b

insurance taken out by hims

premium within the meanin

satisfies the prescribed cond

insurer.

•   Any person making default i

fine which may extend to fiv

Non-Disclosure:

Section 45 of Insurance A

•  No Policy of life insurance

two years from the date of

the coming into force of thi

effected, be called in questio

insurance or in any report o

document leading to the iss

such statement was on a m

that it was fraudulently mamaking it that the statement

•  Provided that nothing in th

time if he is entitled to do s

the terms of the policy ar

incorrectly stated in the pro

Regn. No. 111 

t 1938 states:

er to allow, either directly or indirectly, as an induce

an insurance in respect of any kind of risk relating to

ole or part of the commission payable or any reba  all any person taking out or renewing or continuing

may be allowed in accordance with the published pr

an insurance agent of commission in connection

elf on his own life shall not be deemed to be accept

of this sub-section if at the time of such acceptance

itions establishing that he is a bona fide insurance age

n complying with the provisions of this section shall

e hundred rupees.

t, 1938 states:

effected before the commencement of this Act shall

ommencement of this Act and no policy of life insu

s Act shall, after the expiry of two years from the d

n by an insurer on the ground that a statement made

f a medical officer, or referee, or friend of the insur

ue of the policy, was inaccurate or false, unless the

aterial matter or suppressed facts which it was mate

e by the policy-holder and that the policy holder k was false or that it suppressed facts which it was mate

is section shall prevent the insurer from calling for

, and no policy shall be deemed to be called in quest

adjusted on subsequent proof that the age of t

osal.

Call Toll Free 1800 22 9090

 Visit us at www.sbilife.co.in  or Email: infoRegistered & Corporate Office: Natraj, M.V. Road

highway junction, Andheri (East) Mumbai

Insurance is the subject matter of solicitati 

 

ent to any person

lives or property in

te  of the premiuma policy accept any

spectuses or tables

ith a policy of life

ance of a rebate of

the insurance agent

t employed by the

be punishable with

after the expiry of

ance effected after

te on which it was

in the proposal for

ed, or in any other

insurer shows that

rial to disclose and

ew at the time ofrial to disclose;

roof of age at any

ion merely because

e life insured was

sbilife.co.in Western Express

 – 400069

on.