Withdrawal of Policy. i. In the likelihood of this product being withdrawn in future, the Company will intimate the insured person about the same 90 days prior to expiry of the policy. ii. Insured Person will have the option to migrate to similar health insurance product available with the Company at the time of renewal with all the accrued continuity benefits such as cumulative bonus, waiver of waiting period as per IRDAI guidelines, provided the policy has been maintained without a break.
Appears in 2 contracts
Samples: Insurance Policy, Insurance Policy
Withdrawal of Policy. i. In ln the likelihood of this product being withdrawn w ithdrawn in future, the Company will w ill intimate the insured person about the same 90 days prior to expiry of the policy.
ii. Insured lnsured Person will w ill have the option to migrate to similar health insurance product available with w ith the Company at the time of renewal renew al with all the accrued continuity benefits such as cumulative bonus, waiver w aiver of waiting period period. as per IRDAI guidelines, provided the policy has been maintained without w ithout a break.
Appears in 1 contract
Samples: Insurance Policy
Withdrawal of Policy. i. In the likelihood of this product being withdrawn in future, the Company will intimate the insured person Policyholders about the same 90 days prior to expiry date of withdrawal of the policyproduct.
ii. Insured Person will have the option to migrate to similar health insurance product available with the Company at the time of renewal with all the accrued continuity benefits such as cumulative bonus, waiver of waiting period as per IRDAI guidelines, provided the policy has been maintained without a break.
Appears in 1 contract
Samples: Group Health Policy
Withdrawal of Policy. i. 1. In the likelihood of this product being withdrawn in future, the Company will intimate the insured person about the same 90 days prior to expiry of the policy.
ii2. Insured Person will have the option to migrate to similar health insurance product available with the Company at the time of renewal with all the accrued continuity benefits such as cumulative bonus, waiver of waiting period period. as per IRDAI guidelines, provided the policy has been maintained without a break.
Appears in 1 contract
Samples: Health Insurance Policy
Withdrawal of Policy. i. In the likelihood of this product being withdrawn in future, the Company will intimate the insured person about the same 90 days prior to expiry of the policy.
ii. Insured Person will have the option to migrate to similar health insurance product available with the Company at the time of renewal with all the accrued continuity benefits such as cumulative bonus, waiver of waiting period period. as per IRDAI guidelines, provided the policy has been maintained without a break.
Appears in 1 contract
Samples: Hospital Cash Daily Allowance Policy
Withdrawal of Policy. i. In ln the likelihood of this product being withdrawn in future, the Company will intimate the insured person about the same 90 days prior to expiry of the policy.
ii. Insured lnsured Person will have the option to migrate to similar health insurance product available with the Company at the time of renewal with all the accrued continuity benefits such as cumulative bonus, waiver of waiting period period. as per IRDAI guidelines, provided the policy has been maintained without a break.
Appears in 1 contract
Samples: Personal Accident Insurance Policy
Withdrawal of Policy. i. In the likelihood of this product being withdrawn in futurefuture with due approval of IRDAI, the Company will intimate the insured person Insured Person about the same 90 days prior to expiry of the policyPolicy.
ii. Insured Person will have the option to migrate to similar health insurance product available with the Company at the time of renewal with all the accrued continuity benefits such as cumulative bonus, waiver of waiting period period, as per IRDAI guidelines, provided the policy Policy has been maintained without a breakbreak as per extant regulatory framework.
Appears in 1 contract
Samples: Group Loan Insurance Policy