HDFC LIFE INSURANCE COMPANY LIMITED

"HDFC Life Group Term Insurance Plan(UIN: 101N005V06)"

MEMBER'S CERTIFICATE OF INSURANCE
1. Scheme Member's Name: VIKASH SHARMA
9958859167
jmdlepsrock@gmail.com
2. Policy Number: IF000120
3. Scheme Member Code: B2C40307001
4. Date of Birth of the Scheme Member: 03/01/1990
5. Scheme Member’s Address::
MOUSHAM VIBHAK CHOWK
LALPUR RAIPUR
TEHSHIL AND JILA RAIPUR
RAIPUR
492001
CHHATTISGARH
6. Age on Commencement of Membership (In Years): 33
7. Age Admitted: Yes
8. Date of Commencement of Membership: 29/05/2023
9. Terminal Date: 28/06/2023
10. Premium: Rs.1,270.34
11. Taxes and Levies as applicable: Rs.228.66
12. Mode of Premium Payment – Single – (In case of cheque bounce the policy will be null and void and COI will be cancelled)
13. Due Date of Premium: N.A
14. Main Benefit: The Sum Assured payable on Death of the Scheme Member during the term of the membership is as specified in “Schedule of Benefits”, shown in
Appendix A. For non employer-employee scheme, in case of death due to suicide within 12 months from the date of joining the scheme, the nominee shall be entitled to
get at least 80% of the total premiums paid till the date of death or the surrender value available as on the date of death whichever is higher.
15. Optional Benefits (if chosen):
a) Accidental Death Benefit: The Sum Assured payable to the Scheme Member on death due to an accident during the term of the optional Accidental Death Benefit is as
specified in "Schedule of Benefits", shown in Appendix A. Refer to Appendix B for exclusions, terms & conditions.
b) Total Permanent Disability: The additional Sum Assured payable on total permanent disability due to an accident that occurred upto 180 days before the disablement
during the term of the optional Total Permanent Disability Benefit is as specified in "Schedule of Benefits" shown in Appendix A. Refer to Appendix B for exclusions,
terms & conditions.
c) Total Permanent and Partial Disability Benefit: The additional Sum Assured on specified injuries to body parts of the Scheme Member caused due to an accident that
occurred upto 180 days before the disablement during the term of the optional Total Permanent Disability is as specified in "Schedule of Benefits", shown in Appendix A.
Refer to Appendix B for exclusions, terms & conditions.
d) HDFC Life Group Critical Illness Plus Rider: The additional Rider Sum Assured payable to the Scheme Member, on being diagnosed with any one of the 19 Critical
Illnesses specified during the term shall be as specified in "Schedule of Benefits", shown in Appendix A. Refer to Appendix B for exclusions, terms & conditions.
16. Benefits payable to whom: In the case of a valid claim on the death (or where relevant, on diagnosis of a Critical Illness or on being in state of Total Permanent Disability or
Total Permanent and Partial Disability ) of a Scheme Member, during the term of the membership (or where relevant, the term of the optional Total Permanent Disability or
Total Permanent and Partial Disability or HDFC Life Group Critical Illness Plus Rider), the benefit described in the section headed "Schedule of Benefits" shown in Appendix
A will then be payable to the Policyholder. All benefits will be provided either to the Scheme Member or the Scheme Member's nominee, as applicable, other than any amount
deducted in respect of the Policyholder’s insurable interest in the Scheme Member.
17. Grace Period: Grace Period shall be 30 days for yearly, half-yearly and quarterly modes of premium payment and 15 days for monthly mode of premium payment.
A policy is considered to be in-force with risk cover without any interruption during the Grace Period.
The Insurer shall be responsible to honor any valid claims brought under this policy in instances wherein the Master Policyholder has collected/ deducted the Premium but
has failed to pay the same to the Insurer within the Grace Period due to administrative reasons.
18. Cancellation in the Free-Look period: In case the Member is not satisfied with the terms and conditions specified in the Certificate of Insurance, he/she has the option of
returning the Certificate of Insurance to us stating the reasons thereof, within 15 days from the date of receipt of the Certificate of Insurance, as per IRDAI (Protection of
Policyholders’ Interests) Regulations, 2017. In case the Product is sold through Distance Marketing mode, the period will be 30 days from the date of receipt of the letter
along with this document. On receipt of the letter along with the Certificate of Insurance, we shall arrange to refund the premium, subject to deduction of the proportionate risk
premium for period on cover plus the expenses incurred by us on stamp duty (if any) For administrative purposes, all Free-Look requests should be registered by the Master
Policyholder, on behalf of Member.
19. Tax Benefits may be available as per prevailing tax laws. The Member is requested to consult a tax advisor.
20. Procedure for registering the claim: The following should be undertaken within 30 days to register a claim on this membership: (1) Contact Policyholder, contact person who
will provide HDFC Life's required claim forms. Submit the completed claim forms and any accompanying documentation to Policyholder contact person who will pass all the
details to HDFC Life. (2) On payment of a claim, no further benefit will be payable, and the membership will terminate. (3) In case the Policyholder cannot be contacted,
claims may be submitted to HDFC Life at Group Operations Department, HDFC Life Insurance Company Limited, 11th Floor, Lodha Excelus, Apollo Mills Compound. N .M.
Joshi Road, Mahalaxmi, Maharashtra, Mumbai - 400 011 CIN: L65110MH2000PLC128245; website: www.hdfclife.com; Email ID: service@hdfclife.com Telephone:1800 227
227 / 6000 9191 / 67516666 or at the nearest branch.
Basic documentation if death is due to Natural Cause:
a. Completed claim form, (including NEFT details and bank account proof as specified in the claim form);
b. Original Policy;
c. Original or copy Death Certificate issued by Municipal Authority/ Gram Panchayat / Tehsildar (attested by issuing authority);
d. Claimant’s identity and residence proof.
e. Certificate of Insurance as issued to the Scheme Member

Page 1 of 6
 Basic Documentation if death is due to un-natural causes:
a. Completed claim form, (including NEFT details and bank account proof as specified in the claim form);
b. Original Policy;
c. Original or copy Death Certificate issued by Municipal Authority/ Gram Panchayat / Tehsildar (attested by issuing authority);
d. Claimant’s identity and residence proof.
e. Certificate of Insurance as issued to the Scheme Member
f. Original or copy of First Information Report, Police Panchnama report attested by Police authorities; and
g. Original or copy of Post mortem report attested by Hospital authority.
Note:
•Depending on the circumstances of the death, further documents may be called for as we deem fit.

Issuing Office: 3RD FLOOR CENTRUM HOUSE VIDYAN,AGRI MARG CST ROAD KALINA,SANTACRUZ EAST,MUMBAI,Maharashtra

The terms and conditions as mentioned in the Master Policy between HDFC Life and the Policyholder will prevail and be binding.
Signed at MUMBAI this 29 day of MAY 2023
For (HDFC Life Insurance Company Limited)

Authorised Signatory
Please note that COI is issued subject to terms and conditions of the proposal and Master Policy.

Stamp Duty on the Master Policy has been paid

Scheme Member Code: 1DQLS

Nomination Schedule
Effective Date Name Date of Birth Nominee’s Age Nominee’s Relationship Address % Share
with the Scheme Member
29/05/2023 SUMITRA DEVI 03/04/1954 69 MOTHER MOUSHAM VIBHAK CHOWK LALPUR 100.0
SUMITRA DEVI RAIPUR TEHSHIL AND JILA RAIPUR
RAIPUR 492001 CHHATTISGARH
Notes: This schedule replaces all previous Nomination Schedules issued prior to the effective date, noted above.

Appendix A: Schedule of Benefits payable under "HDFC Life Group Term Insurance Plan"
Term of membership 1 Terminal Date 28/06/2023 Sum Assured 105,861.00

Optional Benefit
Benefit Name Term Rider Sum Assured
Accidental Death Benefit NA NA
Total Permanent Disability NA NA
Total Permanent and Partial Disability Benefit NA NA
HDFC Life Group Critical Illness Plus Rider - Additional NA NA
HDFC Life Group Critical Illness Plus Rider - Accelerated NA NA

Appendix B
a) Accidental Death Benefit: This benefit provides for the payment of an additional (over and above the Sum Assured) amount on death as a result of an accident.
Death must occur within 180 days of the accident. The additional amount payable would be a percentage of the Sum Assured. You have the option to choose an amount
up to 100% as the additional benefit amount under this rider.
b) Total Permanent Disability: This benefit provides for an additional amount as a result of total permanent disability due to an accident that occurred upto 180 days
before the disablement (cover for the Sum Assured under this COI will continue). Total permanent disability is defined as disability, resulting from an accident, such that
there is neither at the time of disability nor at any time thereafter, any work, occupation or profession that the Scheme Member can ever be capable of doing or following,
to earn or obtain wages, compensation or profit, as a result of the accidental injury.
c)Total Permanent and Partial Disability Benefit:This benefit provides for an additional amount on specified injuries to body parts of the Scheme Member caused due
to an accident that occurred upto 180 days before the disablement (cover for the Sum Assured under this COI will continue).
d) HDFC Life Group Critical Illness Plus Rider: This Rider provides an additional Rider Sum Assured to the Scheme Member, on diagnosis of any one of the 19 listed
Critical Illnesses mentioned below, provided the Scheme Member survives for a period of 30 days following diagnosis of the Critical Illness mentioned below:

Critical Illnesses covered

☐ Cancer of specified severity ☐ End Stage Lung Failure

☐ Open Chest CABG ☐ Open Heart Replacement or repair of heart valves

☐ Myocardial Infarction ☐ Loss of Limbs

☐ Kidney Failure requiring regular dialysis ☐ Loss of Independent Existence

☐ Major Organ / Transplant(as recipient) ☐ Blindness

☐ Stroke resulting in Permanent symptoms ☐ Third Degree Burns

☐ Apallic Syndrome ☐ Major Head Trauma

☐ Benign Brain Tumour ☐ Permanent Paralysis of limbs

Page 2 of 6
 ☐ Coma of specified severity ☐ Surgery of Aorta

☐ End Stage Liver Failure

In case Additional Benefit option has been opted for under the Rider,the Rider Benefits shall cease once the Rider Sum Assured has been paid out or on completion of the
Rider Term, whichever is earlier. The benefit payable under the Base Plan will continue to be in force.

In case Accelerated benefit option has been opted for under the Rider,the Rider Benefits shall cease once the Rider Sum Assured has been paid out or on completion of the
Rider Term, whichever is earlier. If the Rider Sum Assured has been paid out during the Rider Term, the Base Plan will continue with reduced Sum Assured by the extent of
Rider Sum Assured already paid to the Scheme Member.

Definitions of covered critical illnesses are listed below:

1) Apallic Syndrome 11) Loss of Limbs

Universal necrosis of the brain cortex with the brainstem remaining intact. Diagnosis The physical separation of two or more limbs, at or above the wrist or ankle level limbs
must be confirmed by a neurologist acceptable to the Company and the condition must as a result of injury or disease. This will include medically necessary amputation
be documented for at least one month. necessitated by injury or disease. The separation has to be permanent without any
chance of surgical correction. Loss of Limbs resulting directly or indirectly from self-
inflicted injury, alcohol or drug abuse is excluded.
2) Benign Brain Tumour 12) Blindness
Benign brain tumor is defined as a life threatening, non-cancerous tumor in the brain, Total, permanent and irreversible loss of all vision in both eyes as a result of illness or
cranial nerves or meninges within the skull. The presence of the underlying tumor must accident.
be confirmed by imaging studies such as CT scan or MRI. This brain tumor must result
in at least one of the following and must be confirmed by the relevant medical specialist:
i.Permanent Neurological deficit with persisting clinical symptoms for a continuous The Blindness is evidenced by:
period of at least 90 consecutive days or i.corrected visual acuity being 3/60 or less in both eyes or ;
ii.Undergone surgical resection or radiation therapy to treat the brain tumor. ii. the field of vision being less than 10 degrees in both eyes.
The following are excluded: The diagnosis of blindness must be confirmed and must not be correctable by aids or
surgical procedure.
Cysts, Granulomas, malformations in the arteries or veins of the brain, hematomas,
abscesses, pituitary tumors, tumors of skull bones and tumors of the spinal cord.
3) Cancer of Specified Severity 13) Loss of Independent Existence
A malignant tumor characterized by the uncontrolled growth and spread of malignant Confirmation by a consultant physician acceptable to the Company of the loss of
cells with invasion and destruction of normal tissues. This diagnosis must be supported independent existence due to illness or trauma, which has lasted for a minimum period
by histological evidence of malignancy. The term cancer includes leukemia, lymphoma of 6 months and results in a permanent inability to perform at least three (3) of the
and sarcoma. Activities of Daily Living (either with or without the use of mechanical equipment, special
devices or other aids and adaptations in use for disabled persons) as mentioned below.
For the purpose of this benefit, the word “permanent”, shall mean beyond the hope of
recovery with current medical knowledge and technology.
The following are excluded:
i. All tumors which are histologically described as carcinoma in situ, benign, pre-
malignant, borderline malignant, low malignant potential, neoplasm of unknown
behavior, or non-invasive, including but not limited to: Carcinoma in situ of breasts,
Cervical dysplasia CIN-1, CIN -2 and CIN-3.

ii. Any non-melanoma skin carcinoma unless there is evidence of metastases to lymph
nodes or beyond;

iii. Malignant melanoma that has not caused invasion beyond the epidermis;

iv. All tumors of the prostate unless histologically classified as having a Gleason score
greater than 6 or having progressed to at least clinical TNM classification T2N0M0

v. All Thyroid cancers histologically classified as T1N0M0 (TNM Classification) or

below;

vi. Chronic lymphocytic leukaemia less than RAI stage 3

vii.Non-invasive papillary cancer of the bladder histologically described as TaN0M0 or of

a lesser classification,

viii.All Gastro-Intestinal Stromal Tumors histologically classified as T1N0M0 (TNM

Classification) or below and with mitotic count of less than or equal to 5/50 HPFs;

ix. All tumors in the presence of HIV infection.

4) Coma Of Specified Severity 14) Third degree Burns

A state of unconsciousness with no reaction or response to external stimuli or internal There must be third-degree burns with scarring that cover at least 20% of the body’s
needs. This diagnosis must be supported by evidence of all of the following: surface area. The diagnosis must confirm the total area involved using standardized,
clinically accepted, body surface area charts covering 20% of the body surface area.
i. No response to external stimuli continuously for at least 96 hours;

ii. Life support measures are necessary to sustain life; and

iii. Permanent neurological deficit which must be assessed at least 30 days after the
onset of the coma.

The condition has to be confirmed by a specialist medical practitioner. Coma resulting

directly from alcohol or drug abuse is excluded.

5)Open Chest CABG 15) Major Head Trauma

Page 3 of 6
The actual undergoing of heart surgery to correct blockage or narrowing in one or more
coronary artery(s), by coronary artery bypass grafting done via asternotomy (cutting
through the breast bone) or minimally invasive keyholecoronary artery bypass
procedures. The diagnosis must be supported by acoronary angiography and the
realization of surgery has to be confirmed by acardiologist.
The following are excluded:
i. Angioplasty and/or any other intra-arterial procedures.
Accidental head injury resulting in permanent Neurological deficit to be assessed no
sooner than 3 months from the date of the accident. This diagnosis must be supported
by unequivocal findings on Magnetic Resonance Imaging,
Computerized Tomography, or other reliable imaging techniques. The accident must be
caused solely and directly by accidental, violent, external and visible means and
independently of all other causes.
The Accidental Head injury must result in an inability to perform at least three (3)of the
following Activities of Daily Living either with or without the use of mechanical
equipment, special devices or other aids and adaptations in use for disabled persons.
For the purpose of this benefit, the word “permanent” shall mean beyond the scope of
recovery with current medical knowledge and technology.
The following are excluded:
i.Spinal cord injury

6)End Stage Liver Failure 16)Major Organ Transplant(as recipient)

Permanent and irreversible failure of liver function that has resulted in all three ofthe The actual undergoing of a transplant of:
following:
i. Permanent jaundice; and i. One of the following human organs: heart, lung, liver, kidney, pancreas, that resulted
from irreversible end-stage failure of the relevant organ, or
ii. Ascites; and
ii. Human bone marrow using haematopoietic stem cells. The undergoing of a transplant
iii. Hepatic encephalopathy. has to be confirmed by a specialist medical practitioner.

iv. Liver failure secondary to drug or alcohol abuse is excluded.

The following are excluded:
i. Other stem-cell transplants

ii. Where only islets of langerhans are transplanted

7)End Stage Lung Failure 17)Permanent Paralysis Of Limbs
End stage lung disease, causing chronic respiratory failure, as confirmed and evidenced Total and irreversible loss of use of two or more limbs as a result of injury or disease of
by all of the following: the brain or spinal cord. A specialist medical practitioner must be of the opinion that the
paralysis will be permanent with no hope of recovery and must be present for more than
3 months.
i. FEV1 test results consistently less than 1 litre measured on 3 occasions 3 months
apart; and

ii. Requiring continuous permanent supplementary oxygen therapy for hypoxemia; and

iii. Arterial blood gas analysis with partial oxygen pressure of 55mmHg or less (PaO2 <
55mmHg); and

iv. Dyspnea at rest.

8)Myocardial Infarction 18)Stroke Resulting In Permanent Symptoms

The first occurrence of heart attack or myocardial infarction, which means the death of a Any cerebrovascular incident producing permanent neurological sequelae. This includes
portion of the heart muscle as a result of inadequate blood supply to the relevant area. infarction of brain tissue, thrombosis in an intracranial vessel, haemorrhage and
The diagnosis for Myocardial Infarction should be evidenced by all of the following embolisation from an extracranial source.
criteria:
i. A history of typical clinical symptoms consistent with the diagnosis of acute myocardial Diagnosis has to be confirmed by a specialist medical practitioner and evidenced by
infarction (For e.g. typical chest pain) typical clinical symptoms as well as typical findings in CT Scan or MRI of the brain.
Evidence of permanent neurological deficit lasting for at least 3 months has to be
ii. New characteristic electrocardiogram changes produced.

iii. Elevation of infarction specific enzymes, Troponins or other specific biochemical

markers.
The following are excluded: The following are excluded:
i. Other acute Coronary Syndromes i. Transient ischemic attacks (TIA)

ii. Any type of angina pectoris ii. Traumatic injury of the brain

iii. A rise in cardiac biomarkers or Troponin T or I in absence of overtischemic heart iii. Vascular disease affecting only the eye or optic nerve or vestibular functions.
disease OR following an intra-arterial cardiac procedureI.
9) Open Heart Replacement Or Repair Of Heart Valves (19) Surgery of Aorta
The actual undergoing of open-heart valve surgery is to replace or repair one or more The actual undergoing of surgery (including key-hole type) for a disease or injury of the
heart valves, as a consequence of defects in, abnormalities of, or disease-affected aorta needing excision and surgical replacement of the diseased part of the aorta with a
cardiac valve(s). The diagnosis of the valve abnormality must be supported by an graft.
echocardiography and the realization of surgery has to be confirmed by a specialist
medical practitioner. Catheter based techniques including but not limited to, balloon The term “aorta” means the thoracic and abdominal aorta but not its branches. Stent-
valvotomy/valvuloplasty are excluded. grafting is not covered.
10) Kidney Failure Requiring Regular Dialysis
End stage renal disease presenting as chronic irreversible failure of both kidneys to
function, as a result of which either regular renal dialysis (hemodialysis or peritoneal
dialysis) is instituted or renal transplantation is carried out. Diagnosis has to be
confirmed by a specialist medical practitioner.

Activities of daily living are:

- i. Washing: the ability to wash in the bath or shower (including getting in to and out of the bath or shower) or wash satisfactorily by other means;
- ii. Dressing: the ability to put on, take off, secure and unfasten all garments and, as appropriate, any braces, artificial limbs or other surgical appliances;
- iii. Transferring: the ability to move from a bed to an upright chair or wheelchair and vice versa;
- iv. Mobility: the ability to move indoors from room to room on level surfaces;
- v. Toileting: the ability to use the lavatory or otherwise manage bowel and bladder functions so as to maintain a satisfactory level of personal hygiene;
- vi. Feeding: the ability to feed oneself once food has been prepared and made available.

Page 4 of 6
Exclusions:

Appendix B

• Exclusions common to all optional benefit (riders) except HDFC Life Group Critical Illness Plus Rider
• Intentionally self-inflicted injury or attempted suicide, irrespective of mental condition.
• Alcohol or solvent abuse, or the taking of drugs except under the direction of a registered Medical Practitioner.
• War, invasion, hostilities (whether war is declared or not), civil war, rebellion, revolution or taking part in a riot or civil commotion.
• Taking part in any flying activity, other than as a passenger in a commercially licensed aircraft.
• Taking part or practising for any hazardous hobby, pursuit or race unless previously agreed to by us in writing
• Taking part in any act of a criminal nature.
• Infection with Human Immunodeficiency Virus (HIV) or conditions due to any Acquired Immune Deficiency Syndrome (AIDS).

• Exclusions applicable to HDFC Life Group Critical Illness Plus Rider

• Any of the Critical Illness conditions where death occurs within 30 days of the diagnosis, in case of Additional CI Benefit option.
• Any sickness related condition manifesting itself within 90 days of the date of the scheme member first being covered for a group Critical Illness benefit with any
insurer (assuming an unbroken period of cover). If the cover period is broken then the 90 days period applies from the date, Critical Illness cover re-commences in
respect of the scheme member.
• Intentionally self-inflicted injury or attempted suicide, irrespective of mental condition.
• Alcohol or solvent abuse, or voluntarily (without the prescription of a medical practitioner) taking or using any drug, medication or sedative unless it is an "over the
counter" drug, medication or sedative taken according to package directions.
• Taking part in any act of a criminal nature with criminal intent
• Any Pre-existing medical condition* as defined below.
• HIV or AIDS
• Failure to seek medical or follow medical advice (as recommended by a Medical Practitioner)
• Radioactive contamination due to nuclear accident

Pre-Existing condition
Any condition, ailment, injury or disease:
1. That is/are diagnosed by a physician within 48 months prior to the effective date of the policy issued by the insurer or
2. For which medical advice or treatment was recommended by, or received from, a physician within 48 months prior to the effective date of the policy or it reinstatement.
3. A condition for which any symptoms and or signs if presented and have resulted within three months of the issuance of the policy in a diagnostic illness or medical
condition.

In addition to the above, any condition with respect to the Critical Illnesses covered under this rider for which the insured had signs or symptoms, and/or was diagnosed,
and/or received medical advice/treatment between the period starting from the due date of the first unpaid premium till the date of reinstatement of policy will also qualify as
a Pre-existing condition.

Non Disclosure: In accordance with Section 45 of the Insurance Act, 1938 as amended from time to time:
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 asignees 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 mis-
statement 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.

Prohibition of rebates: In accordance with Section 41 of the Insurance Act, 1938 as amended from time to time:
(1) No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take 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.
(2) Any person making default in complying with the provisions of this section shall be liable for a penalty which may extend to ten lakh rupees.

Page 5 of 6
HDFC Life Insurance Company Limited (Formerly HDFC Standard Life Insurance Company Limited), IRDAI Reg.No. 101.
Regd. Off: Lodha Excelus, 13th Floor, Apollo Mills Compound, N.M. Joshi Marg, Mahalaxmi, Mumbai - 400 011. Tel No: 1860-267-9999(local charges apply).
Do not prefix any country code e.g. +91 or 00. Available Mon-Sat from 10 am to 7 pm | Email - service@hdfclife.com | NRIservice@hdfclife.com (For NRI customers only)
Visit www.hdfclife.com. CIN: L65110MH2000PLC128245

Page 6 of 6