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HomeFinanceLost original Life insurance policy document? Here's what to do

Lost original Life insurance policy document? Here’s what to do

A few organizations demand recording a police complaint about lost insurance contract reports. A duplicate copy of the complaint should be submitted with the application for getting a duplicate policy.

At the point when the first disaster protection strategy is lost The insurance agency sends an actual insurance contract cling to the client after the acquisition of a life coverage contract. It should be kept securely as it is expected to be submitted (in unique) at the hour of guarantee or development. On the off chance that the first record is lost one ought to make the accompanying strides.

Illuminate insurance agency
As a matter of some importance, one ought to insinuate the insurance agency or the specialist from whom the strategy was bought. An application for the issue of a copy insurance contract should be submitted alongside FIR duplicate, promotion and reimbursement bond.


Hold up a police grievance
A few organizations demand recording a police grumbling about lost insurance contract reports. A duplicate of the grumbling should be submitted with the application for getting a copy strategy.
Place an advertisement
A public promotion should be set in a neighborhood everyday paper in English and nearby language revealing about the deficiency of the strategy, strategy specifics and an enticement for illuminate the sponsor in the event that the arrangement is found by anybody. A paper promotion demonstrates that all endeavors are being made to find the strategy record.

Give a repayment bond
Alongside the application, the organization might require the candidate to sign a repayment bond on a stamp paper wherein the candidate consents to reimburse the organization if, later on, somebody turns up with the first strategy record and makes a case.

Points to note
The candidate ought to know where the first report is kept to stay away from the above interaction.
The copy strategy gave by the organization makes reference to obviously on the essence of the report that it is a duplicate copy.

Source

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