Customer should not be insured under Pradhan Mantri Suraksha Bima Yojana under any other Saving Bank Account of any other bank. In case the same is found to exist, premium shall stand forfeited and no claims would be paid.
Policy shall not be issued if nominee details are not provided. No separate intimation shall be provided for the same.
The customer response received through their registered mobile number shall be considered as consent for auto debit from their savings bank account
By giving his consent to the scheme, the customer agrees to abide by the terms and conditions of the Scheme and to conveying his personal details, as required, regarding his admission into the Pradhan Mantri Suraksha Bima Yojana to Tata AIG General Insurance Co.Ltd. Under Group Policy no. GPA0008063 certifying coverage as per the Scheme, subject to correctness of information provided regarding eligibility and receipt of consideration amount.
He also agrees that all information shared by him will form the basis of admission to the above Scheme and that if any information be found untrue; his membership to the Scheme shall be treated as cancelled.
The proposed date of commencement of the scheme will be 1st June 2015. The next Annual renewal date shall be each successive 1st of June in subsequent years.