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Proposalform

This document is a proposal form for single life insurance plans, detailing the necessary information required from the policyholder and life assured. It outlines the differences between unit-linked and traditional insurance policies, emphasizing the investment risks and liquidity constraints associated with unit-linked policies. The form requires personal details, income proof, and information about existing insurance policies, along with various declarations and preferences regarding communication and policy delivery.
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0% found this document useful (0 votes)
25 views5 pages

Proposalform

This document is a proposal form for single life insurance plans, detailing the necessary information required from the policyholder and life assured. It outlines the differences between unit-linked and traditional insurance policies, emphasizing the investment risks and liquidity constraints associated with unit-linked policies. The form requires personal details, income proof, and information about existing insurance policies, along with various declarations and preferences regarding communication and policy delivery.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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PROPOSAL FORM/ELECTRONIC PROPOSAL

FORM FOR SINGLE LIFE


Linked and Non Linked Individual Life Full Underwriting Plans

For Office use only


Consultant Name & Code: PRADEEPGANDHI 00849376
License No: License Expiry Dt: Bancassurance Code:
Company Lead: Lead Reference No: 1-218909806939 Channel Partner Cust Id:
IA / CAO Emp No: IA / CAO Name: Branch Code:
Channel Code: FOS Code: Telecode:

ALL UNIT LINKED POLICIES ARE DIFFERENT FROM TRADITIONAL INSURANCE POLICIES AND ARE SUBJECT TO DIFFERENT RISK FACTORS.
IN UNIT LINKED POLICY THE INVESTMENT RISK IN YOUR CHOSEN INVESTMENT PORTFOLIO IS BORNE BY YOU. UNIT LINKED POLICIES DO Photograph of life to be assured*
to be signed across by the life to
NOT OFFER ANY LIQUIDITY DURING THE FIRST FIVE YEARS OF THE CONTRACT. YOU WILL NOT BE ABLE TO SURRENDER OR WITHDRAW be assured
THE MONIES INVESTED IN UNIT LINKED INSURANCE POLICIES COMPLETELY OR PARTIALLY TILL THE END OF THE FIFTH YEAR. * Not mandatory if life to be
assured is different from the
Proposer except if Life to be
assured is minor

1) The entire form is to be filled in black ink only by the policyholder. Use CAPITAL letters for information required in boxes with a space between
words. 2) Any cancellation / alteration is to be signed by the proposed policyholder or life to be assured as appropriate. 3) All information provided here
shall be relied on and should be accurate, complete and true in all respects for processing the proposal quickly. In case you have any doubt whether the
particular information is material or not, please disclose the information. 4) Please attach an extra sheet, wherever additional information is to be given.

Proposer (Primary Life to be Assured)/ Policy Owner Details (Proposer in case of Click 2 Wealth for Premium Waiver Option)
1. Full Name:(Leave a blank SWAPNIL BHOWALU
space between First, Middle &
Last Name)
2. Maiden Name:(for married woman
only)

3. Date of Birth (DD/MM/YYYY): 25/06/2020


4. Gender(M/F/Tg):
5. Marital Status:
6. Nationality:
7. Education:
8. Resident status:
If you are NRI/PIO/OCI, Please attach
appropriate Questionnaire.

Country of Residence:
If NRI/PIO/OCI

Country of Workplace:
If NRI/PIO/OCI

Permanent Country:
9. Do you have an existing HDFC If Yes, please provide Policy NO: Annualised Premium:
Life policy:
10. Does your spouse have an If Yes, please provide Product
existing HDFC Life policy: Name:
11. Are You an employee of HDFC If Yes, please provide Employee Relationship with HDFC Group
Group or Spouse/child of HDFC ID: Employee(if applicable)
Group employee:
12. Correspondence
Address:
13. Permanent Address (If S/O UDDHAVRAO BHOWALU, BHOWALU PURA, SHIRAALA, SHIRALA, AMRAVATI
different from MAHARASHTRA Amravati, Maharashtra-444801 India
correspondence address)/
Overseas residential
address for NRI / PIO / OCI :
14. Mobile:
Telephone No(R):
Telephone No(O): 917588085978
E - mail ID: SWAPNILATGMC07@GMAIL.COM
Email ID if provided, will be
considered as preferred mode of
communication

15. Preferred language of Hindi


communication:
16. Present Occupation:
Gross Yearly Income
(INR):
Workplace Name and
Address:
^ if Retired, please provide name of
last organisation

Industry Type (cement,


baking, etc.):
Exact Nature of work
(clerical, mechanical,
supervisory job, etc.):
Nature of Occupation
(architect, etc.):
17. Income Proof (proposer): Identity Proof (Proposer):
Address Proof Age Proof (Life Assured):
(Proposer):
PAN* (Proposer): ABHHS0341C
18. PAN Photocopy ABHHS0341C
enclosed :(*Submit Form 60 if PAN
is not available)

19. ABHA(Proposer)
20. ABHA(Life Assured)
21. I wish to receive my policy document through email/WhastApp/sms bitly or any other official electronic medium of HDFC Life. Yes

Date: 09-07-2025 Page 1


22. I wish to receive my policy in Dematerialised Form through a new e-Insurance Account (e-IA) OR I have an e-Insurance Account (e-IA) and my e-IA No
number is and wish to receive the policy document in Dematerialised Form in the same account.
A copy of the physical policy document can be requested through our corporate WhatsApp number <8291890569> from your registered mobile number.
23. Is the Policy holder same No
as Life Assured
Relationship with Life to HUF (Karta)
be Assured
24. Are you taking the policy No
to primarily protect the
disabled person?
25. Are you a "Politically No
Exposed Person"?
Definition of a Politically Exposed Person: Politically exposed persons are individuals who are or have been entrusted with prominent public functions in a foreign country, their family members
and close relatives; for e.g. Heads of States or of Governments, Senior politicians, Senior government / judicial / military officers,Senior executives of state-owned corporations, Important
politicals party officials, etc.
26. Have you ever been or currently being investigated, charge sheeted, prosecuted or convicted or acquittal or having pending charges in respect of any criminal/civil offences in any
court of law in India or abroad? No
27. Sources of Funds: If Premium & Single Premium Top-ups, if any is equal to or more than INR 1 lakh, please enclose proof of income e.g. ITR

Salaries Business House Property Capital Gains Investments Agriculture Others Total
100% 100%

Details of Secondary Life to be Assured (Life Assured in case of HDFC Life Click 2 Wealth for Premium Waiver Option)
1. Full Name: (Leave a Mr. SWAPNIL UDDHAVRAO BHOWALU
blank space between First,
Middle & Last Name)
2. Maiden Name:(for married
woman only)

3. Father/Husband Name: UDDHAVRAO


4. Mother's Maiden Name:
5. Relationship with
Primary Life Assured:
6. Date of Birth (DD/MM/ 01/10/1988
YYYY) :
7. Gender(M/F/Tg): Male
8. Marital Status: Married
9. Nationality: Indian
10. Education: Graduation
11. Resident status: Resident Indian
If you are NRI/PIO/OCI, Please
attach appropriate Questionnaire.

Country of Residence:
If NRI/PIO/OCI

Country of Workplace:
If NRI/PIO/OCI

Permanent Country:
12. Mobile: 917588085978
Telephone No(R):
Telephone No(O):
E - mail ID: SWAPNILATGMC07@GMAIL.COM
Email ID if provided, will be
considered as preferred mode of
communication

Preferred language of
communication:
13. Present Occupation: Self employed/ Business
14. ABHA:
15. Gross Yearly Income 8,00,000
(INR):
16. Workplace Name and HUF, 444801, Amravati,
Address:
^ please provide name of last
organisation

17. Industry Type (cement, HUF


baking, etc.):
18. Exact Nature of work
(clerical, mechanical,
supervisory job, etc.):
19. Nature of Occupation Self Employed & Owner
(architect, etc.):
20. Income Proof : Identity Proof :
Address Proof : Age Proof (Life Assured):
PAN* :
21. PAN Photocopy
enclosed :(*Submit Form 60 if PAN
is not available)

22. Have you ever been or currently being investigated, charge sheeted, prosecuted or
convicted or acquittal or having pending charges in respect of any criminal/civil offences in
any court of law in India or abroad? No
23. If Life to Assured is a student/housewife, please provide insurance details regarding
parents/husband/siblings.
(Please attach a separate sheet for multiple policies if required.)

Total Sum Assured of all Policy No. and Name of Husband's / Parent's
inforce life insurance Company Occupation / Income
policies

Personal Details of Life to be Assured (Primary) (Proposer in case of Click 2 Wealth for Premium Waiver Option)
1 Please provide details, if any, regarding your occupation or business, which may render you susceptible to injury or illness. None of these
(e.g. exposure to chemical substances/hazardous materials/harmful dust or gases/ explosives/ working at heights/ handling
heavy machinery etc.)
2 Do you have any existing insurance cover of premium paying and/ or paid-up policies? N
3 Have you submitted any simultaneous applications for life insurance to another life insurance company, which is still pending Neither of these
or are you likely to revive lapsed policies.

Date: 09-07-2025 Page 2


4 Employer Name N
5 Has any application for insurance on your life been postponed? N
6 Has any application for insurance on your life been accepted with extra premium? N
7 Has any application for insurance on your life been accepted on other special terms? N
8 Has any application for insurance on your life been declined? N
9 Has any application for insurance on your life been withdrawn by you? N
10 Have you resided overseas for more than six months continuously during the last five years? N
11 Do you intend to reside overseas in the next six month N
12 Do you take part in any hobbies/ activities that could be considered dangerous in any way? E.g. aviation (other than as a fare- N
paying passenger), mountaineering, deep sea diving or any form of racing.
13 Have you ever suffered from: Diabetes/ high blood sugar/ sugar in urine,High blood pressure/ hypertension,Heart N
disease,Stroke
14 Have you ever suffered from:Respiratory disorders,Arthritis,Back problems,Tuberculosis,Any recurrent medical condition, N
disability. (Including eye/ ear disorder)
15 Have you ever suffered from: Liver disorder,Kidney disorder,Disorder of the digestive system,Abnormality of thyroid,Blood N
disorder?
16 Have you ever suffered from: Epilepsy, Any nervous disorder or mental condition, Paralysis or multiple sclerosis, Depression N
or psychiatric disorder,Cancer or a tumor.
17 Do you have any physical disability which is affecting your day to day activities? N
18 Are you currently suffering from any illness, impairment or taking any medication or pills or drugs? N
19 Have you ever been tested positive for HIV/ AIDS or Hepatitis B or C, or have you been tested/ treated for other sexually N
transmitted disease or are you awaiting the results of such a test?
20 Do you have/ had any recurrent medical condition or physical disability or illness or injury that has kept you from working for N
more than one week in last 5 years?
21 During last 5 years have you undergone or been recommended to undergo hospitalisation? N
22 During last 5 years have you undergone or been recommended to undergo operation? N
23 During last 5 years have you undergone or been recommended to undergo X-ray any other investigation (excluding check-ups N
for employment/ insurance/ foreign visit)?
24 State the name, address, and telephone number of your usual doctor who attends you in the event of illness, or if you have Not specific
been consulting with this doctor for less than three months, the name and contact details of your previous doctor.
25 We may require you to undergo medical examinations/tests. Some of the medical tests may require you to observe fasting. Workplace
Please indicate your preference of location, near which the medical tests can be conducted.
26 What is your height? 5ft 10ins = 178cms
27 What is your weight (in kg)? 83
28 Do you consume alcohol? N
29 Do you use tobacco products? N
30 Are you currently consuming or have you ever consumed narcotics or any such other substance whether prescribed or not? N
31 Are any of your family members suffering from / have suffered from / have died of Heart Disease or High Blood Pressure or N
Stroke or Diabetes or Kidney disease or Cancer or HIV/AIDS?
32 Have you ever suffered or been diagnosed or been treated for Dengue or Swine Flu or Encephalitis ? N
33 Please specify your Industry HUF

Previous Policy Details

1. Have you submitted any simultaneous applications for life insurance at any of our offices or to another life insurance company, which is still pending OR are No
you likely to revive lapsed policies?
Name of the Sum Assured Types of Purpose of Proposed To be revived
company/ies payable on products cover
death (INR)

2. Please provide the details of any existing insurance cover of premium paying and/or paid up policies accepted at standard rate excluding group term insurance No
plan taken by your employer. (Also provide the details of any such proposals on your life / application for instatement ever accepted with extra premium, accepted
on other special terms, postponed, declined or withdrawn by self)
Policy / Company Year of Basic Sum Annual Base Medical Inforce /
Proposal Name Issue / Assured Premium Plan / Policy Lapsed*
No. Application (INR) (INR) Rider
Decision

* Mention Year of Lapse / Revival applied for

3. Name of your family doctor: Not specific


Address:
Contact No:

Nominee/ Beneficiary Details


Full Name Date of Birth Gender Relationship Contact Number % Share
with Life to be
Assured

Details of Products Applied For

1. Objective of Insurance: Investment


2. Mode:(for regular / limited Annual
premium paying plan)

3. Premium Payment Option: Limited Pay


4. Top-up Option: No (available only under Click 2 Protect 3D
Plus )

5a. Product Details: Product Name Cover type(Self/ Plan Option Policy Term(in Premium Sum Assured Extra -Life Modal
PPH/HUF/MWPA/ years) Payment(in years) (in INR) Sum Assured Premium
Business) (in INR) (Exclusive of taxes
and levies as
applicable)

HDFC Life Sampoorn Nivesh Classic 39 12 10,00,000 1,00,000


Plus
5b. For Click 2 Protect 3D Amount of Lumpsum Benefit(in INR) Amount of Annual Increasing cover/ Increasing % (if Income Period(in Extra Life
Plus: Income Option/ Extra Income(in INR) Level cover Increasing cover is chosen years) Lumpsum Benefit
Life Income Option/ Income - Only applicable for (for Extra Life Income
Income & Extra Life Income
Replacement Option: Option) Option only)

Date: 09-07-2025 Page 3


Life
6a. For YoungStar Udaan,
Classic Waiver Plan Option:
6b. For YoungStar Super
Premium, also choose
Benefit Option:
6c. For Sampoorn Nivesh, Classic
also choose Benefit Option :
6d. For Click 2 Invest,
Choose Plan Option:
Death Benefit Option
7. Rider Details: Product Name Rider Name Coverage Type Rider Option Rider Policy Rider Premium Pay Term(in years) Rider Sum Modal
(with additional premium) Term(in years) Assured(in INR) Premium
(Exclusive of taxes
and levies as
applicable)

8. Top-up Premium (INR): NIL Top-up Sum Assured (INR): NIL Total Premium (INR): 1,00,000
(Inclusive of taxes and levies as applicable)

9. Commencement date^: Backdation Charges (INR):


(^only for non linked plan - Has to be within the
same financial year)

10. For unit linked plans, kindly indicate % of allocation in below mentioned funds as applicable (please check the fund for the product applied)
Diversified Blue Chip Opportunities Balanced Fund Flexi Cap Fund Bond Fund Discovery Equity Top 300 Alpha Dynamic Total
Equity Fund Fund Fund Fund Advantage 50 Fund Advantage
Fund Fund
0 0 0 0 0 100 0 0 0 0 100%

Details of First Premium Deposit


Payor Details: PPH
Payment Details: Amount in (INR): 1,00,000
Drawn on (Bank name & branch): ______________________
Cheque / DD No. ______________________ Date: ______________________ Bank A/c No. ______________________

Payout Mode
Selected mode would be used by the company to make payout(s) to the Proposer. Payout would be in accordance and subject to the terms and conditions of the policy.

1 Account Type: Savings 2 Bank Name: AXIS BANK LTD


3 Account 920010060516295 4 Bank Branch: DASTUR NAGAR
Number:
5 IFSC Code: UTIB0004073

Declaration: 1. In case of non credit to my bank account with/without assigning any reasons there of or if the transaction is delayed or not effected at all for reasons of incomplete / incorrect information, I would not hold HDFC Life Insurance Co. Ltd
responsible. 2. In case of NRI/NRE account, cheque will be issued.

Note: Please provide a cancelled copy of your cheque.

Signature of Proposer

Declaration of the Life to be Assured and Proposer / Policy Owner

I/We declare that:


i.I/We have replied to the questions, and have made the statements in respect of the matters sought for, in the proposal Form/Electronic proposal form ("Proposal Form") and I
understand and agree that the replies given and statements/declarations made in the Proposal Form together with any documents submitted by me/us for processing my/our
application for insurance shall be the basis of the contract between me/us and HDFC Life Insurance Company Limited ("the Company"). All documents submitted by me/us along with
this Proposal Form are authentic, valid, and where relevant true copies of originals for the purpose of this Proposal Form have been submitted and I/ we have not withheld any material
fact within my/ our knowledge. ii. I/We understand and agree that in case of misrepresentation and suppression of material facts the policy contract shall be treated in accordance with
the Sec 45 of Insurance Act,1938 as amended from time to time. iii.I/We shall be bound to notify the Company forthwith, in writing, of any change in my/our health, occupation or
income between the date of this Proposal Form and the date of acceptance of my/our proposal for insurance, as communicated in writing to me/us by the Company. iv. I/We have
deposited the first premium along with this Proposal Form, and the premiums payable under the Policy that may be issued in pursuance of this proposal for insurance, will be paid,
strictly in accordance with the law of the land. Amounts paid, otherwise than from my account shall be paid only if i/we can establish an insurable interest. v. All/any amounts paid/
payable towards the policy will be out of legally declared and assessed sources. Further,all the premiums will be paid in accordance with Prevention of Money Laundering Act 2002 (as
amended from time to time) or any other applicable laws.vi. I/we will provide information as required by the Company, on its own or under any lawful instruction/ order, regarding
sources of funds/utilization/ withdrawals.

I/We agree and understand:


i.That the Company will be on risk in pursuance of this proposal for insurance only after the risk under the Proposal Form is accepted by the Company and such acceptance is
communicated to me/us in writing by the Company. ii.That the Company has the right either to accept or reject my/ our proposal without giving reasons thereto and I undertake that
there shall be no costs, claims, charges being raised by me/ us against the Company thereof. iii. That the Company shall be entitled to retain the premium paid along with the Proposal
Form as an interest free initial deposit to be adjusted against premium payable upon issuance of the Policy. In the event the proposal for insurance is not accepted by the Company the
aforesaid deposit shall be refunded without any interest subject to deductions for medical costs, if any. iv. That the premium payable as well as the sum assured (main as well as
additional benefits) may vary upon assessment of risk by the Company. v.That the Company may seek information from any of my/ our past or present employers/ business associates
or from a doctor/medical examiner / hospital / laboratory / clinic who at any time have attended to me/ us concerning anything which affects my/ our physical or mental health or may
seek information from any insurance office to which an application has been made for insurance on my/ our life. I/ We hereby authorize such parties to furnish information as required
by the Company and also to furnish any documents regarding my/ our employment/business, my/ our health and habits or health and habits of the Life to be Assured (without taking
the prior consent of my/ our family or of any member thereof) as it may require either for the purpose of processing my/ our proposal for insurance or at any time thereafter for any
other purpose in relation to the Policy that may be issued in pursuance of this proposal for insurance vi.In the event of I/we being medically examined, the answers given by me/ us to
the medical examiner acting on behalf of the Company shall be deemed to be incorporated in this proposal for insurance.vii. That the Company may, without any reference to me/us or
my family or any member thereof, furnish any details/ information furnished in this Proposal Form to any judicial or statutory or other authority or to any insurer or reinsurer in
connection with the processing of this proposal for insurance or for any other purpose (for e.g. settlement of a claim). viii. That in addition to postal or courier service, the Company
may, at its discretion use any electronic media / registered email id, for communicating with me/us. ix. I hereby declare and agree that the above disclosures along with the Statements
and the declarations made under the proposal made by me as Proposer and on behalf of the other/secondary life assured in case of joint life proposals will be the basis of the contract
of assurance between us and HDFC Life. If any statement is found to be untrue or inaccurate or if any fact that might influence the terms of acceptance of this proposal is not disclosed
by me in my capacity as Proposer and on behalf of the other/secondary life assured in case of joint life proposals, the contract shall be treated in accordance with the Sec 45 of
Insurance Act,1938 as amended from time to time. x. That I/We have voluntarily given my/our consent to collect, process, receive, possess, store, deal or handle my/our sensitive
personal data or information [as defined in the Information Technology (Reasonable security practices and procedures and sensitive personal data or information) Rules 2011 as
amended from time to time], with third parties/ vendors associated with the Company for various purposes and outsourced activities related to issuance/servicing/settlement of claim as
required under the Policy.

Signature of Witness Signature/Thumb impression of life to be assured. Signature/Thumb impression of proposed policyholder
Signature should match with signature on ECS/SI (Only if different from life to be assured) Signature should
mandate match with signature on ECS/SI mandate
Occupation_____________________
Date: Place: Date: Place:

Date: 09-07-2025 Page 4


Mobile: Mobile:

Declaration of good health for spouse (to be filled only for Elite option of Smart Woman Plan)

Name: DOB: Amount of Insurance:


Within the last 5 years, I have neither been hospitalized for, required medication or treatment for, nor consulted a physician (to include a follow-up visit) due to,
or as a result of, any of the following: alcohol or drug abuse, heart or circulatory disorder, stroke, cancer or leukemia, diabetes, high blood pressure, chronic
kidney or liver disease, mental, nervous or neurological disorders, lung disorders, AIDS (acquired immune deficiency syndrome), ARC (AIDS related complex),
or had tests indicating exposure to the AIDS virus.

Yes No Date:____________________ Signature of the spouse

Declaration (If signed in Vernacular language / If you have affixed a Thumb impression above)

Declaration to be made by a 3rd person where: The life to be assured/proposed policyholder has affixed his/her thumb impression; OR the life to be assured/proposed
policyholder has signed in vernacular; OR the life to be assured/proposed policyholder has not filled the application OR/AND The spouse of the life to be assured/
proposed policyholder has affixed his/her thumb impression or signed in vernacular the Declaration of Good Health applicable under Elite Option of Smart Woman Plan.

I hereby declare that I have explained the contents of this application form to the life to be assured / proposed policyholder in ________________________language and have
truthfully recorded the answers provided to me. I further declare that the life to be assured/proposed policyholder has signed/affixed his/ her thumb impression in my presence.

____________________________________________________________________________________________________ ___________________________________
Name and address of Declarant Signature

Declaration made by life to be assured/proposed policyholder

I/We certify that the contents of the form have been fully explained to me by Mr. / Mrs.:______________________________

_____________________________________________________________________ ______________________________________
Signature/Thumb impression of proposer/ primary/ secondary life assured/Policyholder. Signature should match with Signature/Thumb impression of Witness
signature on ECS/SI mandate

Sections of the Insurance Act 1938 as amended from time to time

Section 41 - Prohibition of rebates: No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or 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.

Section 45 - 1.No policy of life insurance shall be called in question on any ground whatsoever after the expiry of three years from the date of the policy, i.e., from the date of
issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later. 2. A policy of life insurance may be
called in question at any time within three years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to
the policy, whichever is later, on the ground of fraud: Provided that the insurer shall have to communicate in writing to the insured or the legal representatives or nominees or
assignees of the insured the grounds and materials on which such decision is based. 3.Notwithstanding anything contained in sub-section (2), no insurer shall repudiate a life
insurance policy on the ground of fraud if the insured can prove that the misstatement of or suppression of a material fact was true to the best of his knowledge and belief or that there
was no deliberate intention to suppress the fact or that such mis-statement of or suppression of a material fact are within the knowledge of the insurer: Provided that in case of fraud,
the onus of disproving lies upon the beneficiaries, in case the policyholder is not alive. 4.A policy of life insurance may be called in question at any time within three years from the date
of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later, on the ground that any
statement of or suppression of a fact material to the expectancy of the life of the insured was incorrectly made in the proposal or other document on the basis of which the policy was
issued or revived or rider issued: Provided that the insurer shall have to communicate in writing to the insured or the legal representatives or nominees or assignees of the insured the
grounds and materials on which such decision to repudiate the policy of life insurance is based: Provided further that in case of repudiation of the policy on the ground of misstatement
or suppression of a material fact, and not on the ground of fraud, the premiums collected on the policy till the date of repudiation shall be paid to the insured or the legal representatives
or nominees or assignees of the insured within a period of ninety days from the date of such repudiation. 5. Nothing in this section shall prevent the insurer from calling for proof of age
at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the
life insured was incorrectly stated in the proposal.

Date: 09-07-2025 Page 5

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