Life Insurance Policy: It is often seen that when people get insurance from the insurance company. After this people become sure that what is wrong. The insurance company sends the concerned policy bond to the policy holder. Which should be handled and kept safe. But there are some policy holders who are sent by the company the insurance policy bond. Let him turn. Due to which the policy holder has to face a lot of problems at the time of maturity. When the policy holder claims the insurance. At that time the insurance company asks for the original insurance policy bond from the policy holder. If it does not happen, then the company refuses to proceed with the claim process. If you have also rotated it, then you should adopt these methods. So that you do not have to worry too much at the time of claim.
Notify the insurance agent or company immediately if the policy is lost
If your policy is lost, the first thing you should do is immediately inform the insurance company or inform the person with whose assistance (agents) you purchased the policy. If your original insurance policy bond has lapsed, you can write an application to the company to issue a duplicate bond. With this application, you submit your insurance policy as well as a copy of the FIR of the loss of the policy, indemnity bond, advertisement. It is important to note that there are many insurance companies that insist more on getting an FIR in case of loss of bond.
Advertisement in daily newspaper
Along with this, those who are policy holders. He has to give information about the loss of his insurance in the local language as well as through the newspaper in English. The policyholder makes this appeal in a modern way with the help of advertisement. That if anyone gets the policy, then he should inform the advertiser.
The company issues duplicate insurance policy bonds
The letter given in the newspaper is proof of this. That the policy holder has tried to locate his document. Along with this, the insured has to give an indemnity bond to the insurance company by signing it on a stamp paper. This is necessary because in future if a person comes to claim the original policy. After this, another bond is issued by the insurance company in place of the lost bond. A duplicate copy is written on the insurance policy bond issued by the company.
What to do if the original Life Insurance Policy is lost know the whole thing here
Many times it is seen that when people get insurance from the insurance company. After this people become sure that what is wrong. The insurance company sends the concerned policy bond to the policy holder.
