Common use of Surrender of Policy Clause in Contracts

Surrender of Policy. There is no surrender value payable in this policy. 4.3.1 In the event of a claim for Death Benefit arising under this Policy, the Eligible Person shall endeavor to intimate to the Company in writing of the claim and provide the following documents to the Company within 60 days of the claim arising, to enable the Company to process the claim: 4.3.2 In case of death claims, including death claims arising out of accidents or unnatural deaths (i) Death Certificate, in original, issued by the competent authority; (ii) Policy document, in original; (iii) Medical cause of death (Death Certificate) issued by doctor certifying death. (iv) Identification proof (bearing photo) of person proposed to receive the benefit and the Annuitant 4.3.3 Notwithstanding anything contained in Clause 4.4.2 above, depending upon the cause or nature of the claim, the Company reserves the right to call for any other and/or additional documents or information, including documents/information, to the satisfaction of the Company, for processing of the claim. 4.3.4 Delay in intimation of claim or submission of documents for the reasons beyond the control of the Eligible Person may be condoned by the Company.

Surrender of Policy. There is no surrender value payable in this policy.. Requirements for death claims 4.3.1 In the event of a claim for Death Benefit arising under this Policy, the Eligible Person shall endeavor to intimate to the Company in writing of the claim and provide the following documents to the Company within 60 days of the claim arising, to enable the Company to process the claim: 4.3.2 In case of death claims, including death claims arising out of accidents or unnatural deaths (i) Death Certificate, in original, issued by the competent authority; (ii) Policy document, in original; (iii) Medical cause of death (Death Certificate) issued by doctor certifying death. (iv) Identification proof (bearing photo) of person proposed to receive the benefit and the Annuitant 4.3.3 Notwithstanding anything contained in Clause 4.4.2 above, depending upon the cause or nature of the claim, the Company reserves the right to call for any other and/or additional documents or information, including documents/information, to the satisfaction of the Company, for processing of the claim. 4.3.4 Delay in intimation of claim or submission of documents for the reasons beyond the control of the Eligible Person may be condoned by the Company.