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''This Is A Computer-Generated Document and Does Not Require Any Signature.''

The document is a letter from Max Life Insurance Company confirming a change to the premium payment method requested by the policyholder, Mr. Jitendra Kumar Behera. The premium payment method was changed from direct bill (cheque/cash) to an unspecified new method. The next premium due date is July 22, 2020 and the premium amount is Rs. 5,486.82. The letter also notes that effective June 1, 2016, the tax deducted at source on policyholder payouts over Rs. 1 lakh was reduced to 1% if the policyholder's PAN details are updated.

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2K views1 page

''This Is A Computer-Generated Document and Does Not Require Any Signature.''

The document is a letter from Max Life Insurance Company confirming a change to the premium payment method requested by the policyholder, Mr. Jitendra Kumar Behera. The premium payment method was changed from direct bill (cheque/cash) to an unspecified new method. The next premium due date is July 22, 2020 and the premium amount is Rs. 5,486.82. The letter also notes that effective June 1, 2016, the tax deducted at source on policyholder payouts over Rs. 1 lakh was reduced to 1% if the policyholder's PAN details are updated.

Uploaded by

jitu_behera45
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
  • Change in Premium Method Notification: This letter from Max Life Insurance Company notifies the client about the change in the premium payment method, detailing new procedures and contact information for further inquiries.

POS1F\889967618 21-Aug-2019

Mr. Jitendra Kumar Behera


QUARTER-E- 39/3
UNIT-9 (FLAT) , BHOI NAGAR
BEHIND RAMADEVI WOMENS COLLEGE
Bhubaneswar 715022
Orissa

Change in Premium method

Dear Mr. Jitendra Kumar Behera,

Greetings from Max Life Insurance Company and wish you good health and prosperity.

This is with reference to your request for Change in Premium Method for policy number 889967618. We are pleased
to confirm that we have updated our records, as requested by you.

Your premium payment method has been to direct bill (cheque / cash) for which the premium is Rs. 5,486.82.

The next premium due date on your policy is 22-JUL-2020.

We value your patronage and are committed to providing you best in class service.

Warm regards,
Max Life Insurance Co Ltd

Effective 1st June 2016, TDS on policyholders payout, if applicable, has been reduced to 1% on pay outs Rs.1 Lakh and above. However,
rate will be charged at 20% if the PAN details are not updated.

''This is a computer-generated document and does not require any signature.''

POS1F V2.7 11062018

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