I hereby declare that the Insured Person(s) listed in Proposal Form will abide to
the following T&C:
1) I/We hereby declare that the statements made by me/us are true to the best of
my / our knowledge and belief and I/we hereby agree that this declaration shall
form the basis of the contract between me/us and HDFC ERGO General Insurance Company
Limited.
2) I/We also declare that, if any additions or alterations are carried out after
the submission of this proposal form, then the same would be conveyed to the insurers
immediately.
3) I understand that: My premium is derived on the basis of information filled by
me, which includes my previous year policy details and No claim Bonus Discount %,
if any.
HDFC ERGO General Insurance Company (Company) may verify my previous year
policy details and may hold claim settlement process till the time confirmation
is received from previous insurer.
The Company shall have no liability under this insurance contract if it is
found that any of my / our statement on particulars or declaration (other than NCB
discount) in this proposal form or other documents are incorrect and / or untrue
/ false.
If any discrepancy found in the information provided for arriving at NCB discount
%, Company shall communicated to me via e-mail &/ or letter for payment of the balance
premium amount within 20 days from the date of communication.
If the balance amount is not paid by me within 20 days from the date of communication,
I will be liable to pay three times the balance premium amount at the time of first
claim made under the policy which shall be deducted from the final approved claim
amount under the policy.
4) I/We also shall endeavor to procure the renewal notice and pass on the same to
HDFC ERGO General Insurance immediately upon the receipt of such renewal notice.
5) Warranted that the Assured named herein/owner of the vehicle insured holds a valid Pollution Under Control (PUC) Certificate on the date of commencement of the Policy. If the PUC is not found valid on the date of commencement of the Policy, the Company reserves its right to repudiate the Own Damage claim made under the Policy.
6) I hereby confirm that I have an alternate personal accident cover with Sum Insured of Rs.15 lakh or above and hence not opting for Compulsory Personal Accident cover.
7) I hereby confirm that I do not hold a effective driving licence and hence not opting for Compulsory Personal Accident cover.
General Conditions:
1) Prohibition of Rebates – Under Section 41 of The Insurance Laws (Amendment) Act,
2015.
No person shall allow or offer to allow either directly or indirectly as inducement
to any person to take out renew or continue an insurance in respect of any kind
of risk relating to lives or property in India any rebate of the whole or part of
the commission payable or any rebate of the premium shown on the Policy, nor shall
any person taking out or renewing or continuing a Policy accept any rebate except
such rebate as may be allowed in accordance with the published prospectuses or tables
of the Insurer.
Any person making default in complying with the provision of this section shall
be punishable with fine which may extend to 10,00,000/-.
2) Any person who, knowingly and with intent to defraud the Insurance Company or
other persons, files a proposal for insurance containing any false information,
or conceals for the purpose of misleading, information concerning any fact material
thereto, commits a fraudulent act which will render the policy voidable at the Company’s
sole discretion and result in a denial of insurance benefits.
3) The policy to be valid & the claim payable only if the mentioned document can
be produced when requested for. The documentation required is as below: