Common use of Alterations in the Policy Clause in Contracts

Alterations in the Policy. This Policy constitutes the complete contract of insurance. No change or alteration shall be valid or effective unless approved in writing by the Company, which approval shall be evidenced by a written endorsement signed and stamped by the Company. However, change or alteration with respect to increase/ decrease of the Sum Insured shall be permissible only at the time of renewal of the Policy.

Appears in 5 contracts

Samples: policyholder.gov.in, old.irdai.gov.in, policyholder.gov.in

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Alterations in the Policy. This Policy constitutes the complete contract of insurance. No change or alteration shall be valid or effective unless approved in writing by the Company, which approval shall be evidenced by a written endorsement signed and stamped by the Company. However, change or alteration with respect to increase/ decrease of the Sum Insured shall be permissible only at the time of renewal of the Policy.

Appears in 5 contracts

Samples: policyholder.gov.in, policyholder.gov.in, policyholder.gov.in

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Alterations in the Policy. 1. This Policy constitutes the complete contract of insurance. No change or alteration shall be valid or effective unless approved in writing by the Company, which approval shall be evidenced by a written endorsement signed and stamped by the Company. However, change or alteration with respect to increase/ decrease of the Sum Insured shall be permissible only at the time of renewal of the Policy. On renewal, the policy could be subject to certain changes in terms and conditions including change in premium rate.

Appears in 1 contract

Samples: www.irdai.gov.in

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