निविदा / Tender

INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY OF INDIA Sy No. 115/1, Financial District, Nanakramguda, Gachibowli, Hyderabad – 500032

Phone : (040) 20204000, email: administration@irdai.gov.in Our Ref. no. IRDAI/GA&HR/TNDR/ Date – 23.09.2026 Request for Quote

Subject: - Inviting bids from registered Life Insurance companies for the provision of Group Term Insurance Policy for officers/staff members of the Insurance Regulatory and Development Authority of India for the year 2026-27.

1. Insurance Regulatory and Development Authority of India (IRDAI) proposes to provide a Group Term Insurance policy for its officers/staff members from (i.e.,

01.11.2026 to 31.10.2027) or period of one year from the date of inception of the policy.

2. At present, the coverage under the Group Term Insurance Policy is to be provided to a total of 267 staff members for a capital sum insured Rs. 4,09,66,77,699/- (Rs.

Four Hundred Nine Crores Sixety-Six Lakhs Seventy-Seven Thousand Six Hundred Ninety-Nine only). The list of officers/staff members and their respective sum insured, date of birth, etc. is enclosed as ANNEXURE - I.

3. The policy should provide comprehensive term insurance coverage. The bid should

comply with the following terms and conditions:

I. Benefits: a) Death Benefit - The policy shall cover death due to all causes, including COVID-19, with 24x7 worldwide coverage. b) Mid-Term Inclusion of New Members – New members will be included in the policy from their date of joining, with the premium charged on a pro-rata basis.

c) Mid-Term Separation – For employees who are removed from the policy due to retirement, resignation, or other reasons, a pro-rata refund of the premium will be provided.d) Premium Adjustment Due to Promotion – In case of an employee’s promotion during the policy term, a pro-rata premium will be payable from the date of promotion to cover the increased sum assured.

e) Free Cover Limit (FCL) - Base Life Cover for Sum Assured up to Rs 2 crore and up to the age of 65 years. f) Minimum Documentation/Medicals - Minimal documentation and medical requirements (if applicable) will be required to provide coverage above the Free Cover Limit (FCL).

g) Waiver of “Actively at Work” Clause - The “Actively at Work” clause will be waived for both existing members and new employees joining the group. i.e. in case of employees who go on long sick leave or EOL on sick grounds with the approval of the competent authority, coverage should be available throughout the term of the policy h) Waiver of Suicide Clause - The policy will waive the "Suicide Clause," ensuring coverage without restrictions, and without loading premium.

i) Universal Employee Coverage - All employees/members will be provided coverage under the policy without exclusions. j) Claim Payment Process - As per Clause 27.3 of the Master Circular ref no.

IRDAI/ACTL/MSTCIR/MISC/89/6/2024 dated 12th June 2024 on Operations and Allied Matters of Insurers, 2024, claims will be paid directly to the nominated beneficiary of the respective employee. k) Confirmation of Assignment Prior to Claim Settlement: Before the settlement of any claim, the insurer shall obtain confirmation from the Authority as to whether the employee/member has assigned any portion of the coverage amount towards the recovery of any pending loans. In such cases, the insurer shall first settle the Authority’s claim, and the net amount, after deducting the assigned loan amount shall be paid to the nominated beneficiary.

l) Coverage Amount - The coverage amount for each employee will be as per the limits specified in Annexure-I.

IMPORTANT NOTES:

4. The L1 (lowest) bid will be determined based on the premium quote for mandatory benefits only, which is to be submitted in the prescribed format as per Annexure – II.

5. You are requested to submit your bid considering the existing group size, capital sum insured, and the terms and conditions mentioned above for premium payable by IRDAI on annual basis for the Group Term Insurance policy. The last date forbid submission is 15 days from the date of publication of this document.

6. Bids shall only be submitted through Government e Marketplace (GeM) Portal.

7. For any queries, the prospective bidder(s) may write to IRDAI at chittibabu.k@irdai.gov.in with a copy to administration@irdai.gov.in or may contact at 040-20204266.

8. General Terms & Conditions a) There should be a dedicated helpline (24*7) of the Insurance Company available and the contact details should be furnished after the start of the insurance cover. b) In case of claim settlement of the official/staff, the same should be paid to the nominated beneficiary within 15 working days from the submission of the claim documents.

c) The response time by the Insurance Company should be bare minimum but shall not exceed six hours. d) The claim statement is to be furnished by the Insurance Company to the Authority on quarterly basis.

e) The Insurance company shall maintain absolute confidentiality and not share the personal data of the employees with any third party and shall not give any unauthorized access of the same to any of its employees or agents, other than those who are involved in the submission of bid or servicing the policy, if bid is awarded. The details shall not be used for any targeted advertising or unsolicited advices and personal information shall be accorded highest protection in accordance with the prevalent laws in India, failing which the company shall be held liable.

9. The Bid is to be submitted for the capital sum insured of Rs. 4,09,66,77,699/- (Rs.

Four Hundred Nine Crores Sixety-Six Lakhs Seventy-Seven Thousand Six Hundred Ninety-Nine only) as per the format given at ANNEXURE- II.

10. Last Year Premium Paid and claim details is at Annexure-III.

11. Selection Criteria a) Incomplete or selective quotes will be rejected. b) Selection of quotation will be based on the RFQ response in line with the Scope of Coverage.Annexure 1 Details of Employees for Group Term Insurance Policy for 2026-27 Date of Age as on Name Gender Joining Date of Birth Si. 30/10/2026 GPA Sum IRDAI No. Assured 1 Employee 1 M 01.12.2000 14 Aug 1971 55 2,36,70,230 Employee 2 2 M 01.11.2000 23 Jun 1973 53 1,11,87,170 Employee 3 3 M 01.10.2001 15 Aug 1971 55 4,48,22,311 Employee 4 4 M 08.10.2001 20 Jul 1974 52 2,36,70,230 Employee 5 5 F 26.09.2001 21 Aug 1976 50 2,09,38,738 Employee 6 6 F 01.10.2001 15 Apr 1976 50 2,36,70,230 Employee 7 7 M 10.10.2001 04 Feb 1974 52 2,09,38,738 Employee 8 8 M 13.06.2002 10 Nov 1970 55 3,72,08,501 Employee 9 9 M 09.10.2002 14 Aug 1970 56 3,72,08,501 Employee 10 10 F 09.10.2002 21 May 1968 58 3,72,08,501 Employee 11 11 M 11.10.2002 31 Oct 1972 53 2,36,70,230 Employee 12 12 M 17.10.2002 24 Aug 1971 55 2,36,70,230 Employee 13 13 M 21.10.2002 25 Jun 1973 53 2,09,38,738 Employee 14 14 F 21.10.2002 30 Oct 1978 48 2,36,70,230 Employee 15 15 M 28.11.2002 05 Jul 1970 56 3,72,08,501 Employee 16 16 F 02.12.2002 09 Aug 1978 48 2,36,70,230 Employee 17 17 F 02.12.2002 30 Aug 1978 48 2,09,38,738 Employee 18 18 F 16.12.2002 14 Jul 1972 54 4,48,22,311 Employee 19 19 M 25.02.2003 14 Jan 1971 55 3,72,08,501 Employee 20 20 F 21.03.2003 31 Oct 1974 51 2,36,70,230 Employee 21 21 M 02.07.2003 02 Jun 1967 59 1,50,48,493 Employee 22 22 F 11.04.2005 11 Jul 1976 50 3,72,08,501 Employee 23 23 M 22.01.2010 20 Aug 1973 53 4,48,22,311 Employee 24 24 M 15.06.2005 02 May 1974 52 3,72,08,501Employee 25 25 F 15.06.2005 16 Jan 1977 49 1,50,48,493 Employee 26 26 F 15.06.2005 17 Apr 1977 49 1,50,48,493 Employee 27 27 M 16.06.2005 28 Aug 1979 47 1,50,48,493 Employee 28 28 F 16.06.2005 13 Dec 1976 49 2,09,38,738 Employee 29 29 M 20.06.2005 10 May 1977 49 1,50,48,493 Employee 30 30 M 20.06.2005 12 Dec 1973 52 1,50,48,493 Employee 31 31 M 20.06.2005 21 Jan 1980 46 1,50,48,493 Employee 32 32 F 17.06.2005 30 May 1981 45 1,50,48,493 Employee 33 33 F 17.06.2005 10 Mar 1983 43 1,50,48,493 Employee 34 34 M 24.06.2005 31 Jul 1970 56 1,50,48,493 Employee 35 35 M 29.06.2005 10 Jan 1977 49 2,09,38,738 Employee 36 36 M 14.09.2005 31 May 1974 52 2,36,70,230 Employee 37 37 M 27.08.2007 20 Aug 1976 50 2,36,70,230 Employee 38 38 M 29.08.2007 05 Aug 1977 49 2,09,38,738 Employee 39 39 M 29.08.2007 11 Dec 1972 53 2,09,38,738 Employee 40 40 F 30.08.2007 25 Apr 1970 56 3,72,08,501 Employee 41 41 M 03.09.2007 16 Apr 1969 57 2,36,70,230 Employee 42 42 M 14.09.2007 22 Mar 1968 58 2,36,70,230 Employee 43 43 F 02.06.2008 05 Jun 1977 49 2,09,38,738 Employee 44 44 M 02.06.2008 12 Jun 1975 51 2,09,38,738 Employee 45 45 F 02.06.2008 07 Dec 1971 54 2,09,38,738 Employee 46 46 M 02.06.2008 26 Jun 1970 56 2,09,38,738 Employee 47 47 M 02.06.2008 24 Jul 1974 52 2,09,38,738 Employee 48 48 M 02.06.2008 01 Jul 1977 49 2,09,38,738 Employee 49 49 M 05.06.2008 16 Feb 1968 58 2,09,38,738 Employee 50 50 F 11.06.2008 23 Feb 1977 49 2,09,38,738 Employee 51 51 M 01.07.2008 14 May 1971 55 2,09,38,738 Employee 52 52 M 01.08.2008 03 Mar 1986 40 1,11,87,170 Employee 53 53 F 01.08.2008 20 Oct 1986 40 1,11,87,170Employee 54 54 M 01.08.2008 19 Nov 1977 48 1,11,87,170 Employee 55 55 M 01.08.2008 05 May 1978 48 1,11,87,170 Employee 56 56 M 01.08.2008 25 Jun 1980 46 1,11,87,170 Employee 57 57 M 01.08.2008 14 Mar 1979 47 1,11,87,170 Employee 58 58 M 01.08.2008 24 Dec 1979 46 1,11,87,170 Employee 59 59 M 01.08.2008 07 Dec 1977 48 1,11,87,170 Employee 60 60 M 01.08.2008 09 Sep 1982 44 1,11,87,170 Employee 61 61 M 01.08.2008 24 Apr 1980 46 1,11,87,170 Employee 62 62 M 01.08.2008 30 Jul 1981 45 1,11,87,170 Employee 63 63 M 01.08.2008 23 May 1984 42 1,11,87,170 Employee 64 64 M 01.08.2008 28 Jul 1976 50 1,11,87,170 Employee 65 65 M 01.08.2008 05 Aug 1977 49 1,11,87,170 Employee 66 66 M 01.08.2008 05 Jul 1979 47 1,11,87,170 Employee 67 67 M 01.08.2008 01 Aug 1982 43 9162343 Employee 68 68 M 06.08.2008 31 Jul 1981 45 1,11,87,170 Employee 69 69 M 07.08.2008 21 Aug 1972 54 2,09,38,738 Employee 70 70 M 01.08.2008 19 Jul 1981 45 1,11,87,170 Employee 71 71 M 22.12.2008 23 Oct 1980 46 1,11,87,170 Employee 72 72 M 01.01.2009 12 May 1972 54 2,36,70,230 Employee 73 73 M 05.01.2009 14 Jul 1973 53 2,09,38,738 Employee 74 74 M 02.02.2009 22 Apr 1974 52 2,09,38,738 Employee 75 75 M 02.02.2009 02 Jul 1982 44 1,11,87,170 Employee 76 76 M 10.02.2009 02 Dec 1980 45 1,11,87,170 Employee 77 77 M 12.02.2009 15 Aug 1976 50 1,11,87,170 Employee 78 78 M 13.03.2009 30 Jun 1972 54 2,09,38,738 Employee 79 79 M 29.12.2010 04 Jul 1977 49 2,09,38,738 Employee 80 80 M 01.12.2009 01 Jul 1981 45 2,09,38,738 Employee 81 81 M 20.01.2010 13 Aug 1984 42 1,11,87,170 Employee 82 82 M 15.02.2010 01 Jun 1974 52 2,36,70,230Employee 83 83 M 15.02.2010 20 Jul 1971 55 2,09,38,738 Employee 84 84 M 15.02.2010 31 Jul 1978 48 2,09,38,738 Employee 85 85 F 15.02.2010 05 Aug 1978 48 1,50,48,493 Employee 86 86 M 22.02.2010 04 Mar 1967 59 3,72,08,501 Employee 87 87 F 26.02.2010 31 Mar 1975 51 2,09,38,738 Employee 88 88 M 22.03.2010 01 Apr 1975 51 2,09,38,738 Employee 89 89 M 15.03.2011 14 Jul 1982 44 2,09,38,738 Employee 90 90 M 18.03.2011 05 Dec 1978 47 2,09,38,738 Employee 91 91 F 15.04.2011 25 May 1979 47 2,09,38,738 Employee 92 92 M 09.05.2011 12 Aug 1978 48 2,09,38,738 Employee 93 93 M 09.05.2011 01 Apr 1968 58 1,50,48,493 Employee 94 94 F 09.05.2011 09 Aug 1978 48 2,09,38,738 Employee 95 95 M 09.05.2011 28 Jul 1985 41 2,09,38,738 Employee 96 96 M 09.05.2011 23 Nov 1981 44 2,09,38,738 Employee 97 97 M 18.05.2011 07 Dec 1985 40 2,09,38,738 Employee 98 98 M 06.06.2011 30 Aug 1980 46 1,50,48,493 Employee 99 99 M 06.06.2011 23 Mar 1981 45 1,50,48,493 Employee 100 100 M 10.06.2011 20 Jul 1979 47 2,09,38,738 Employee 101 101 M 16.06.2011 02 Jul 1971 55 3,72,08,501 Employee 102 102 M 20.06.2011 29 Oct 1986 40 2,09,38,738 Employee 103 103 F 20.06.2011 05 Mar 1987 39 2,36,70,230 Employee 104 104 M 29.06.2011 04 Aug 1976 50 2,09,38,738 Employee 105 105 M 25.07.2011 10 Jun 1972 54 2,36,70,230 Employee 106 106 M 25.07.2011 10 Nov 1972 53 2,36,70,230 Employee 107 107 M 01.08.2011 15 Apr 1971 55 2,36,70,230 Employee 108 108 M 25.08.2011 15 Aug 1968 58 3,72,08,501 Employee 109 109 M 19.09.2011 15 Jul 1973 53 2,36,70,230 Employee 110 110 M 18.10.2011 05 Aug 1977 49 3,72,08,501 Employee 111 111 M 27.04.2011 25 Apr 1967 59 1,50,48,493Employee 112 112 M 27.04.2011 26 Dec 1976 49 1,50,48,493 Employee 113 113 M 27.04.2011 05 Feb 1970 56 1,11,87,170 Employee 114 114 M 30.01.2012 25 Dec 1969 56 2,36,70,230 Employee 115 115 M 30.01.2012 15 Jan 1975 51 2,09,38,738 Employee 116 116 M 30.01.2012 16 Feb 1972 54 2,09,38,738 Employee 117 117 M 30.01.2012 15 Jun 1981 45 2,09,38,738 Employee 118 118 M 27.02.2012 15 Nov 1974 51 2,09,38,738 Employee 119 119 M 28.01.2014 10 Apr 1983 43 1,50,48,493 Employee 120 120 F 30.11.2015 20 Apr 1992 34 9162343 Employee 121 121 M 30.11.2015 16 Sep 1992 34 9162343 Employee 122 122 M 30.11.2015 12 Jan 1993 33 9162343 Employee 123 123 M 30.11.2015 15 Mar 1985 41 1,11,87,170 Employee 124 124 M 30.11.2015 06 Oct 1989 37 9162343 Employee 125 125 M 30.11.2015 01 Apr 1992 34 9162343 Employee 126 126 M 30.11.2015 03 Oct 1989 37 9162343 Employee 127 127 M 30.11.2015 28 Feb 1991 35 1,11,87,170 Employee 128 128 M 30.11.2015 19 Sep 1992 34 9162343 Employee 129 129 M 03.12.2015 26 Nov 1987 38 1,11,87,170 Employee 130 130 M 30.11.2015 28 Sep 1990 36 1,11,87,170 Employee 131 131 M 04.04.2016 06 Sep 1989 37 9162343 Employee 132 132 M 04.04.2016 15 Mar 1992 34 9162343 Employee 133 133 F 04.04.2016 16 Jul 1989 37 1,11,87,170 Employee 134 134 F 25.04.2016 13 Apr 1994 32 9162343 Employee 135 135 M 04.05.2016 05 Jul 1987 39 9162343 Employee 136 136 M 04.07.2016 26 Oct 1985 41 1,11,87,170 Employee 137 137 F 04.07.2016 25 Jul 1991 35 1,11,87,170 Employee 138 138 F 04.07.2016 07 Jul 1981 45 1,11,87,170 Employee 139 139 M 04.07.2016 25 Apr 1993 33 1,11,87,170 Employee 140 F 140 04.07.2016 24 Aug 1992 34 1,11,87,170Employee 141 141 M 04.07.2016 25 Jun 1990 36 1,11,87,170 Employee 142 142 M 04.07.2016 21 Nov 1981 44 1,11,87,170 Employee 143 143 M 04.07.2016 16 Nov 1991 34 1,11,87,170 Employee 144 144 M 04.07.2016 30 May 1989 37 1,11,87,170 Employee 145 145 M 04.07.2016 02 Oct 1990 36 1,11,87,170 Employee 146 146 M 04.07.2016 04 Jul 1989 37 1,11,87,170 Employee 147 147 F 04.07.2016 17 Jul 1993 33 1,11,87,170 Employee 148 148 M 11.07.2016 27 Jan 1979 47 9162343 Employee 149 149 M 11.07.2016 24 Jan 1992 34 9162343 Employee 150 150 M 05.02.2018 08 Dec 1975 50 1,50,48,493 Employee 151 151 F 12.02.2018 04 May 1992 34 1,11,87,170 Employee 152 152 M 12.02.2018 06 Jul 1992 34 1,11,87,170 Employee 153 153 M 12.02.2018 01 May 1992 34 1,11,87,170 Employee 154 154 M 12.02.2018 07 Sep 1989 37 1,11,87,170 Employee 155 155 F 12.02.2018 22 Oct 1992 34 1,11,87,170 Employee 156 156 F 12.02.2018 07 Dec 1990 35 1,11,87,170 Employee 157 157 F 12.02.2018 01 Mar 1993 33 1,11,87,170 Employee 158 158 M 12.02.2018 01 Jul 1989 37 1,11,87,170 Employee 159 159 M 12.02.2018 26 Oct 1992 34 1,11,87,170 Employee 160 160 M 12.02.2018 24 Jun 1990 36 1,11,87,170 Employee 161 161 M 12.02.2018 04 Oct 1992 34 1,11,87,170 Employee 162 162 F 12.02.2018 20 Mar 1992 34 1,11,87,170 Employee 163 163 F 12.02.2018 30 Oct 1991 35 1,11,87,170 Employee 164 164 M 12.02.2018 29 Jan 1986 40 1,11,87,170 Employee 165 165 M 12.02.2018 01 Jun 1995 31 1,11,87,170 Employee 166 166 M 12.02.2018 04 Sep 1989 37 1,11,87,170 Employee 167 167 M 12.02.2018 10 Nov 1990 35 1,11,87,170 Employee 168 168 M 12.02.2018 01 May 1989 37 1,11,87,170 Employee 169 169 M 12.02.2018 22 May 1989 37 1,11,87,170Employee 170 170 M 09.03.2018 12 Aug 1989 37 1,11,87,170 Employee 171 171 F 16.03.2018 24 Jun 1988 38 1,11,87,170 Employee 172 172 M 21.03.2018 19 May 1984 42 1,50,48,493 Employee 173 173 M 02.04.2018 15 Jun 1980 46 1,50,48,493 Employee 174 174 F 03.04.2018 20 Jun 1971 55 2,36,70,230 Employee 175 175 M 03.04.2018 27 Jul 1987 39 1,50,48,493 Employee 176 176 M 06.04.2018 12 Dec 1983 42 1,50,48,493 Employee 177 177 M 09.04.2018 11 May 1971 55 2,09,38,738 Employee 178 178 M 13.04.2018 14 Feb 1993 33 1,11,87,170 Employee 179 179 M 18.12.2023 22 Nov 1994 31 9162343 Employee 180 180 F 18.12.2023 02 May 1995 31 9162343 Employee 181 181 F 18.12.2023 10 Jan 1996 30 9162343 Employee 182 182 M 18.12.2023 29 Dec 1994 31 9162343 Employee 183 183 F 18.12.2023 11 Jun 2000 26 9162343 Employee 184 184 F 18.12.2023 16 Oct 2000 26 9162343 Employee 185 185 M 18.12.2023 24 Jun 2000 26 9162343 Employee 186 186 F 18.12.2023 28 Dec 1994 31 9162343 Employee 187 187 M 18.12.2023 08 Sep 1993 33 9162343 Employee 188 188 M 18.12.2023 01 Mar 1995 31 9162343 Employee 189 189 F 18.12.2023 08 Jun 1998 28 9162343 Employee 190 190 M 18.12.2023 15 Aug 1994 32 9162343 Employee 191 191 M 18.12.2023 19 Jul 1995 31 9162343 Employee 192 192 M 18.12.2023 28 Oct 1997 29 9162343 Employee 193 193 M 18.12.2023 28 May 1996 30 9162343 Employee 194 194 F 18.12.2023 10 Oct 1996 30 9162343 Employee 195 195 M 18.12.2023 22 Mar 1994 32 9162343 Employee 196 196 M 18.12.2023 29 May 1995 31 9162343 Employee 197 197 M 18.12.2023 04 Jan 1996 30 9162343 Employee 198 198 M 18.12.2023 09 Jun 1991 35 9162343Employee 199 199 M 18.12.2023 15 Oct 1995 31 9162343 Employee 200 200 F 18.12.2023 22 Apr 1993 33 9162343 Employee 201 201 M 18.12.2023 26 Feb 1995 31 9162343 Employee 202 202 M 18.12.2023 26 Jul 1994 32 9162343 Employee 203 203 M 18.12.2023 09 Sep 1997 29 9162343 Employee 204 204 M 18.12.2023 16 Mar 1994 32 9162343 Employee 205 205 M 18.12.2023 18 May 2001 25 9162343 Employee 206 206 M 18.12.2023 28 Oct 1992 34 9162343 Employee 207 207 M 18.12.2023 15 Aug 1991 35 9162343 Employee 208 208 M 18.12.2023 12 Apr 2000 26 9162343 Employee 209 209 M 18.12.2023 16 Apr 1994 32 9162343 Employee 210 210 F 18.12.2023 02 Jan 1997 29 9162343 Employee 211 211 F 18.12.2023 18 Nov 1998 27 9162343 Employee 212 212 M 18.12.2023 09 Jun 1993 33 9162343 Employee 213 213 M 18.12.2023 20 May 1994 32 9162343 Employee 214 214 M 18.12.2023 02 Feb 1995 31 9162343 Employee 215 215 M 18.12.2023 01 Apr 1997 29 9162343 Employee 216 216 F 07.04.2025 04 Dec 1995 30 9162343 Employee 217 217 F 07.04.2025 22 Jul 2001 25 9162343 Employee 218 218 F 07.04.2025 24 Jun 1997 29 9162343 Employee 219 219 M 07.04.2025 18 Mar 1995 31 9162343 Employee 220 220 F 07.04.2025 01 Feb 1998 28 9162343 Employee 221 221 M 07.04.2025 28 Oct 1996 30 9162343 Employee 222 222 M 07.04.2025 10 Jan 1997 29 9162343 Employee 223 223 F 07.04.2025 27 Feb 1996 30 9162343 Employee 224 224 M 07.04.2025 02 Nov 2000 25 9162343 Employee 225 225 M 07.04.2025 27 Jan 1998 28 9162343 Employee 226 226 M 07.04.2025 08 May 1996 30 9162343 Employee 227 227 M 07.04.2025 16 May 1998 28 9162343Employee 228 228 M 07.04.2025 09 Oct 2001 25 9162343 Employee 229 229 M 07.04.2025 18 Apr 1994 32 9162343 Employee 230 230 M 07.04.2025 14 Jan 1997 29 9162343 Employee 231 231 M 07.04.2025 02 Nov 1999 26 9162343 Employee 232 232 F 07.04.2025 12 Aug 1996 30 9162343 Employee 233 233 F 07.04.2025 13 Jun 1994 32 9162343 Employee 234 234 M 07.04.2025 18 Oct 1997 29 9162343 Employee 235 235 F 07.04.2025 22 Aug 1996 30 9162343 Employee 236 236 F 07.04.2025 26 Apr 1997 29 9162343 Employee 237 237 F 07.04.2025 27 May 2000 26 9162343 Employee 238 238 M 07.04.2025 05 Feb 1999 27 9162343 Employee 239 239 F 07.04.2025 02 Dec 1999 26 9162343 Employee 240 240 M 07.04.2025 13 May 1998 28 9162343 Employee 241 241 F 07.04.2025 03 Aug 1997 29 9162343 Employee 242 242 M 07.04.2025 19 Feb 1995 31 9162343 Employee 243 243 F 07.04.2025 19 Sep 2000 26 9162343 Employee 244 244 M 07.04.2025 12 Dec 1997 28 9162343 Employee 245 245 M 07.04.2025 10 Oct 2001 25 9162343 Employee 246 246 M 07.04.2025 09 Aug 1999 27 9162343 Employee 247 247 F 07.04.2025 17 Nov 1999 26 9162343 Employee 248 248 F 07.04.2025 14 May 2000 26 9162343 Employee 249 249 M 07.04.2025 29 Oct 1998 28 9162343 Employee 250 250 M 07.04.2025 05 Dec 1995 30 9162343 Employee 251 251 M 07.04.2025 16 Jun 1998 28 9162343 Employee 252 252 M 07.04.2025 25 Jan 1994 32 9162343 Employee 253 253 M 07.04.2025 30 Apr 2001 25 9162343 Employee 254 254 M 07.04.2025 27 Jul 1999 27 9162343 Employee 255 255 M 07.04.2025 16 Jun 1997 29 9162343 Employee 256 256 M 07.04.2025 30 Oct 1999 27 9162343Employee 257 257 M 07.04.2025 16 Nov 2000 25 9162343 Employee 258 258 M 07.04.2025 11 Mar 1992 34 9162343 Employee 259 259 M 07.04.2025 10 Aug 1999 27 9162343 Employee 260 260 F 07.04.2025 04 Apr 1998 28 9162343 Employee 261 261 M 07.04.2025 19 Jan 1992 34 9162343 Employee 262 262 M 07.04.2025 05 May 1994 32 9162343 Employee 263 263 M 24.01.2024 21 Jan 1968 58 3,60,00,000 Employee 264 264 M 20.08.2024 27 Oct 1964 62 3,60,00,000 Employee 265 265 M 02.05.2025 15 Oct 1967 59 3,60,00,000 Employee 266 266 F 10.08.2026 22 Jul 1966 60 3,60,00,000 Employee 267 267 M 01.09.2025 30 Jun 1965 61 4,05,00,000

Note: Basis for sum insured: The basis of sum insured is 6 times of the annual gross pay (identified component) applicable to the different grades of officers.ANNEXURE II FORMAT FOR SUBMITTING BID BY THE INSURANCE COMPANIES Premium Quote for Mandatory Benefit A. Basic Details Si. No. Particulars Details

1. Name of the Insurance Co.

2. Complete Details of the Office 3 Email ID

4. Address

5. Pan No.

6. GSTIN

7. Name, Designation of point of contact

8. Contact No. of point of contact B. Financial Bid The premium quotation for a capital sum insured of be Rs. 4,09,66,77,699/- for 267

members as per list given as Annexure I of tender document is submitted as under:

Premium GST Total In figures In words Declaration We have read and understood the terms of the 'Request for Quote' and the ‘Terms of Reference of the Insurer’.

We confirm that our quote is subject to the terms of the 'Request for Quote' and the ‘Terms of Reference of the Insurer’.

Date: Signature of the Authorized official of the Insurer

Place: Seal of the CompanyANNEXURE III Si. No. Policy Period Initial Premium Paid (inclusive Claim during the of GST) (in RS) period 1 01.11.2024 to 52,28,438 Nil

31.10.2025 2 01.11.2025 to 62,15,224 Nil

31.10.2026  Note: "It may be noted that there was no insurance coverage prior to this period.”PART A Welcome to Axis Max Life Insurance Date 11-November-2025 To Mr.Deepak Khanna Insurance Regulatory and Development Authority Of India Sy.No115/1 Nanakramguda Finacial District gachibowli Hyderbad Telangana - 500032 G. O. Name: Not Applicable

Telephone: 040-20204000

Email id: administration@irdai.gov.in Welcome Dear Insurance Regulatory and Development Authority Of India , Thank you for opting for Axis Max Life Group Term Life Platinum Assurance (Non Linked Non Participating Group Pure Risk Life Insurance Plan) with Policy number 35007054. We request you to go through the attached policy document.

What to do On examination of the policy, if you notice any mistake or error, proceed as follows: in case of 1. Contact our customer helpdesk or your agent immediately at the details mentioned below. errors 2. Return the policy to us for rectifying the same.

Cancelling You and/or the Member have the option to cancel the Policy/Certificate of Insurance if You/ the Policy Member disagree with any of the Policy terms and conditions or otherwise by sending a written request to Us, stating the reason for objection. This request must be sent to Us within the Freelook period of 30 (Thirty) days beginning from the date of receiving the Policy/ Certificate of Insurance to review the terms and conditions of the Policy/Certificate of Insurance.

Where free look cancellation is exercised by You: a. In case of Employer-Employee Group, the Policy shall terminate immediately and all rights, benefits and interests under the Policy including the cover in respect of all existing members shall cease immediately. You will be entitled to refund of premiums paid less proportionate risk premium for the period of cover, the expenses, if any incurred on medical examination of the member(s) and stamp duty paid, if any. No new Members will be enrolled under the Policy.

b. In case of Non Employer-Employee Group, the Policy shall terminate immediately and all rights, benefits and interests under the coverage shall cease immediately. However, the cover in respect of existing members will continue as per the terms of Certificate of Insurance as applicable. No new members will be enrolled under the Policy.

Where free look cancellation is exercised by Member of Non Employer-Employee Group, Upon receipt of request, if no claim has been made under the Certificate of Insurance, the Certificate of Insurance shall terminate forthwith and all rights, benefits and interests shall cease immediately. The Member will be entitled to refund of the Premiums paid less proportionate risk Premium for the period of cover, the expenses, if any incurred on medical examination of the Member(s) and stamp duty paid, if any.

Long term We are committed to giving you honest advice and offering you long-term savings, protection protection and retirement solutions backed by the highest standards of customer service. We will be delighted to offer you any assistance or clarification you may require about your Policy/ Certificate of Insurance or claim-related services at the address mentioned below.

We look forward to being your partner for life.

Yours Sincerely, Axis Max Life Insurance Limited Digitally signed by DS AXIS MAX LIFE INSURANCE LIMITED 2

Date: 2025.11.12 09:20:03 IST

Reason: Axis Max Life Insurance

Location: 90C, Gurugram Suhail Ghai Chief Digital Officer & Head Operations 1 of 40Agent's name / Intermediary name: Not Applicable Mobile/Landline Telephone Number: Not Available / Not Applicable

Address: Not Applicable Axis Max Life Insurance Limited, Plot No. 90C, Sector 18, Udyog Vihar, Gurugram, 122015, Haryana, India

Phone: 4219090 Fax: 4159397 (From Delhi and Other cities: 0124) Customer Helpline: 1860 120 5577 Regd. Office: 419, Bhai Mohan Singh Nagar, Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab -144 533

Visit Us at: www.axismaxlife.com E-mail: service.helpdesk@axismaxlife.com

IRDAI Registration No: 104 Corporate Identity Number: U74899PB2000PLC045626 2 of 40POLICY PREAMBLE AXIS MAX LIFE INSURANCE LIMITED Regd. Office: 419, Bhai Mohan Singh Nagar, Railmajra, Tehsil Balachaur, District Nawanshahr, Punjab -144 533 Axis Max Life Group Term Life Platinum Assurance A Non Linked Non Participating Group Pure Risk Life Insurance Plan UIN - 104N112V04 Axis Max Life Insurance Limited has entered this contract of insurance on the basis of the information given in the Proposal Form together with the Premium deposit, statements, reports or other documents and declarations received from or on behalf of the proposer for effecting a life insurance contract on the life of the person named in the Schedule.

We agree to pay the benefits under the Policy on the happening of the insured event, while the Policy is in force subject to the terms and conditions stated herein.

Axis Max Life Insurance Limited

Place of Issuance: Gurugram, Haryana 3 of 40POLICY SCHEDULE I. DETAILS OF POLICY

Policy: Axis Max Life Group Term Life Platinum Assurance

Type of Policy: Non Linked Non Participating Group Pure Risk Life Insurance Plan

UIN: 104N112V04

Office Address: Plot No. 90C, Udyog Vihar, Sector 18, Gurugram, 122015, Haryana, India Policy No.: 35007054 Proposal No.: 362503

Client ID: A5536317 Details of Insured as at the Effective Date of As per Register of Members provided by Master Coverage/ Date of Commencement of Risk: Policyholder

Date of proposal: 01-November-2025

Date of Commencement of Risk: 01-November-2025

Policy Term: One Year

Annual Date of Renewal: 01-November-2026

Expiry Date: 31-October-2026

Maturity Date: NA

Date on which Survival Benefit is payable: Not Applicable

Premium Payment Mode: Annual

Premium Due Dates: 01-November-2026

Master Policyholder: Insurance Regulatory and Development Authority Of India

PAN: AABFI6483L Address (For all communication purposes): Sy.No115/1, Nanakramguda Finacial, District gachibowli, Hyderbad, Telangana - 500032

Telephone Number: 040-20204000

Email: administration@irdai.gov.in

Type of Group: Employer-Employee 4 of 40II. Details of Members Benefit Applicable Number of Members Free Cover Limit Total Initial Sum Sum Assured under (Only In The Case Of Assured on Death Health Cover an Employer- (INR) Employee Group)

(INR) Axis Max Life Group Term Life Platinum 275 42500000 3990256535 0 Assurance Total Initial Total Initial Applicable Applicable Total Initial Premium Due Date when Annual Extra taxes, cesses Modal Factor along with total initial Premium is payable Premium Premium & levies D Extra Premium and

(INR) (INR) (INR) applicable taxes cesses & A B C levies payable as per premium payment mode selected

(INR) G = [(A+B+C)XD] 5267138 0 948084.84 1 6215222.84 01-November-2026

Additional Benefits:

(1) Dependent's/Spouse's Cover: N

(2) Voluntary Top-up Cover: N

(3) Riders: N 1 Not Applicable

(4) Inbuilt Critical Illness benefit option opted: N

(5) [add others if applicable] Agent's name/ Intermediary name: Not Applicable Agent's code/ Intermediary code: Not Applicable Agent's/ Intermediary License No.: Not

Email: NotApplicable Applicable Mobile/ Landline Telephone Number: Not

Address: Not Applicable Available / Not Applicable Details of Sales Personnel (for direct sales only)

Sales Manager name: Sura Suresh Babu

Email:

Address:

For contingencies related to Rider(s), please refer to the attached Rider terms and conditions.

5 of 401.

PART B DEFINITIONS The words and phrases listed below shall have the meanings attributed to them wherever they appear in the Policy unless the context otherwise requires.

1. "Actively at Work" means on the proposed Entry Date: i) the employee is performing his regular duties as assigned to the employee on a full time basis; ii) the employee is not on leave due to any illness or injury or maternity leave.

2. "Age" means age of the Member as at last birthday on the Date of Commencement of Risk for existing Members and age as on Entry Date for new Members;

3. "Annual Date of Renewal" means the date on which the Policy is due for renewal as specified in the Schedule;

4. "Annual Premium" means an amount payable annually in respect of the Members to secure the benefits under the Policy;

5. "Certificate of Insurance" means in the case of Non Employer Employee Group, a certificate issued by Us, on the basis of the details mentioned in the Member's enrollment form, to each Member evidencing the acceptance of risk on the life of the Member under the Policy;

6. "Claimant" means Nominee(s) (if valid nomination is effected), assignee(s) or their heirs, legal representatives or holders of a succession certificates in case Nominee(s) or assignee(s) is/are not alive at the time of claim;

7. "Critical Illness" means Member's first time Diagnosis with any of the critical illnesses, conditions or Member undergoing any of the surgeries for the first time as specified in Part C of this Policy;

8. "Date of Commencement of Risk" means the date specified in the Schedule when the Policy commences;

9. "Date of Revival" means the approval date of Revival of the Policy;

10. "Dependents" means a Member's parents, adopted children or natural children;

11. "Diagnosis" or "Diagnosed" means the definitive diagnosis made by a specialist Medical Practitioner, based upon radiological, clinical, and histological or laboratory evidence acceptable to Us provided the same is acceptable and concurred by Our appointed specialist Medical Practitioner. In the event of any doubt regarding the appropriateness or correctness of the Diagnosis, We will have the right to call for Member's examination and/or the evidence used in arriving at such Diagnosis, by a specialist Medical Practitioner selected by Us. The opinion of such an expert as to such Diagnosis shall be binding on both Member and Us;

12. "Effective Date of Coverage" means the date on which the insurance coverage under the Policy in respect of the Members commences which will be later of the date of realization of the Premium by Us or the date of underwriting decision by Us;

13. "Eligible Member" means the member/employee who has met the eligibility requirements as specified in this Policy to participate in insurance under this Policy;

14. "Employer-Employee Group" means a group where an employer-employee relationship exists between You and the Members (other than Dependents/spouse) in accordance with the applicable laws;

15. "Entry Date" means in relation to the Members admitted to this Policy, the Effective Date of Coverage;

16. "Expiry Date" means the date specified in the Register of Members or the Certificate of Insurance as the case may be, on which the insurance cover effected under this Policy on the life of a Member expires;

17. "Extra Premium" means an additional amount mentioned in the Schedule and charged by Us, as per Our Underwriting Policy, which is determined on the basis of disclosures made by You including medical examination, if any, of the Member;

18. "Force Majeure Event" means an event by which performance of any of Our obligations are prevented or hindered as a consequence of any act of God, State, strike, lock-out, legislation or restriction by any Government or other authority or any circumstances beyond Our control;

6 of 401.

19. "Free Cover Limit" wherever applicable, means the maximum Sum Assured on Death up to which the insurance cover on the lives of Members can be allowed based on simple insurability conditions without requiring any evidence of health, based on the criteria mentioned in the board approved Underwriting Policy, as specified in the Schedule;

20. "Grace Period" (other than single premium policies) means the time granted by Us from the due date of payment of Premium, without any penalty or late fee, during which time the Policy/ Certificate of Insurance is considered to be in-force with the risk cover without any interruption, as per the terms & condition of the Policy/ Certificate of Insurance. The Grace Period for payment of the Premium for all types of life insurance policies shall be 15 days where the premium is paid on monthly mode and 30 days in all other cases.

21. "Freelook" means a period of 30 (Thirty) days beginning from the date of receipt of the Policy/ Certificate of Insurance to review the terms and conditions of the Policy/Certificate of Insurance. You/ the Member have the option to cancel the Policy/Certificate of Insurance if You/Member disagree with any of the Policy terms and conditions or otherwise by sending a written request to Us stating the reason for objections;

Where Free Look cancellation is exercised by You: a. In case of Employer-Employee Group, the Policy shall terminate immediately and all rights, benefits and interests under the Policy including the cover in respect of all existing members shall cease immediately. You will be entitled to refund of premiums paid less proportionate risk premium for the period of cover, the expenses, if any, incurred on medical examination of the member(s) and stamp duty paid, if any. No new Member will be enrolled under the Policy.

b. In case of Non Employer-Employee Group, the Policy shall terminate immediately and all rights, benefits and interests under the Policy will cease immediately. However, the cover in respect of existing members will continue as per the terms of Certificate of Insurance. No new members will be enrolled under the Policy.

Where Freelook cancellation is exercised by Member of Non Employer-Employee Group, Upon receipt of request, if no claim has been made under the Certificate of Insurance, the Certificate of Insurance shall terminate forthwith and all rights, benefits and interests shall cease immediately. The Member will be entitled to refund of the Premiums paid less proportionate risk Premium for the period of cover, the expenses, if any incurred on medical examination of the Member(s) and stamp duty paid, if any.

22. "IRDAI" means the Insurance Regulatory and Development Authority of India;

23. "Lapsed Policy" means a Policy for which the Premium has not been received during the Grace Period;

24. "Member" means an Eligible Member on whose life the insurance cover has been effected in accordance with the provisions of this Policy and whose name has been entered in the Register of Members or to whom a Certificate of Insurance has been issued (as applicable);

25. "Medical Practitioner" means a person who holds a valid registration from the Medical Council of any State of India or Medical Council of India or Council for Indian Medicine or for homeopathy set up by the Government of India or by a state Government and is thereby entitled to practice medicine within its jurisdiction and is acting within the scope and jurisdiction of license, provided such Medical Practitioner shall not include You, the Member covered under this Policy or Member's spouse, lineal relative of the Member or the Policyholder or a Medical Practitioner employed by You or the Member covered under this Policy;

26. "Modal Factor" means the applicable factor specified in the Schedule, which is used to determine the Premium, and will be as follows: i) for annual Premium payment mode - (1.00); ii) for semi-annual Premium payment mode - (0.52); iii) for quarterly Premium payment mode - (0.265); or iv) for monthly Premium payment mode - (0.09);

27. "Non Employer-Employee Group" means a group other than an Employer-Employee Group, where a clearly evident relationship between You and the Member exists for services/activities other than insurance;

28. "Nominee" means nominee nominated by the Member in accordance with Part F to receive the death benefit under the Policy and whose name, age and relationship with Member will be registered and recorded by You in the Register of Members, along with name of guardian in case of minor person or recorded in the Certificate of Insurance issued by Us, as the case may be;

7 of 4029. "Period of Coverage" means the period from the respective Entry Date, during which the insurance cover on the life of a Member continues under this Policy, as specified in the Schedule and/ or the Certificate of Insurance, as the case may be;

30. "Policy" means the contract of insurance entered into between You and Us as evidenced by this document, the Proposal Form, the Member enrolment forms (if applicable), the Schedule, the Register of Members/Certificates of Insurance, illustration issued by Us and accepted by You and any additional information/document(s) provided to Us in respect of the Proposal Form, along with any written instructions from You subject to Our acceptance of the same and any duly signed endorsement issued by Us;

31. "Policy Anniversary" means the anniversary of the Date of Commencement of Risk;

32. "Policy Term" means the term of this Policy as specified in the Schedule;

33. "Policy Year" means 12 (Twelve) months period commencing from the Date of Commencement of Risk and every Policy Anniversary thereafter;

34. "Premium" means sum total of Annual Premium and Extra Premium excluding applicable taxes, cesses and levies, if any specified in the Schedule, payable by You or the Member, as the case may be, by the due dates to secure the benefits under the Policy;

35. 'Pre-Existing Diseases' means any condition, ailment or injury or related condition(s) for which the Member had signs or symptoms, and / or were Diagnosed, and / or received medical advice / treatment within 36 months prior to the Effective Date of Coverage of the first insurance contract entered into with the Member under this Policy and renewed continuously thereafter;

36. "Proposal Form" means the form filled in and completed by You for the purpose of obtaining insurance coverage under this Policy;

37. "Register of Members" means the register of Members maintained by You, which will be updated from time to time after intimating Us and which is deemed to be incorporated in and forms part of this Policy;

38. "Regulated Entities" shall means and includes the group insurance policies/schemes administered by the following entities as group organizer/Master Policyholder(i) Reserve Bank of India regulated Scheduled Banks (including Co-operative Banks), (ii) Non-Banking Financial Companies (NBFCs ) having Certificate of Registration from Reserve Bank of India, (iii) National Housing Board (NHB) regulated Housing Finance Companies, (iv) National Minority Development Finance Corporation (NMDFC) and its State channelizing agencies, and (v) Small Finance Banks regulated by Reserve Bank of India or any other entity as may be allowed by the IRDAI.

39. "Revival" means restoration by Us of the Policy/member cover, which was discontinued due to non- payment of Premium, with all the benefits mentioned in the Policy or Certificate of Insurance, with or without Rider Benefits, if any, upon the receipt of all the due Premiums and other charges/ late fee during the Policy Term, as per the terms and conditions of the Policy/ Certificate of Insurance, upon being satisfied as to the continued insurability of the Member on the basis of the information, documents and reports furnished by the You/Member, in accordance with the Underwriting Policy;

40. "Rider" means the insurance cover(s) added to a Policy/ Certificate of Insurance for additional Premium or charge;

41. "Rider Benefits" means an amount of benefit payable on occurrence of a specified event covered under the Rider, and is an additional benefit under the Policy/ Certificate of Insurance, and may include waiver of premium benefit on other applicable Rider(s);

42. "Schedule" means the policy schedule and any endorsements attached to and forming part of the Policy and if an updated Schedule is issued, then the Schedule which is latest in time;

43. "Sum Assured on Death" means the absolute amount of benefit, as specified in the Register of Members or the Certificate of Insurance, as the case may be, which is guaranteed to become payable on the death of a Member during the Period of Coverage in accordance with the terms and conditions of the Policy;

44. "Sum Assured under Health Cover" means an absolute amount of benefit, as specified in the Register of Members or the Certificate of Insurance, as the case may be, which is guaranteed to become payable on happening of insured health related contingency in accordance with the terms and conditions of the Policy under health cover;

8 of 4045. "Surrender" means complete withdrawal or termination of the entire Policy;

46. "Surrender Value" means the amount, if any, that becomes payable on the Surrender of the Certificate of Insurance during its term in accordance with Part D of this Policy;

47. "Underwriting Policy" means the underwriting policy approved by Our board of directors;

48. "We", "Us", or "Our" means Axis Max Life Insurance Limited; and

49. "You" or "Your" means the Master Policyholder as named in the Schedule who has taken this Policy from Us.

9 of 40PART C POLICY FEATURES, BENEFITS AND PREMIUM PAYMENT

1. ELIGIBILITY

1.1. The Policy has been written on a group basis.

1.2. Minimum Group Size

1.2.1 In case of an Employer-Employee Group, the minimum number of Members at a group company level shall be 10 (Ten) within the Policy Year;

1.2.2 In case of a Non-Employer-Employee Group, the minimum number of Members shall be 50

(Fifty) within the Policy Year.

1.3. Eligibility Conditions for Members of Employer-Employee Groups An employee shall be considered to be an Eligible Member if that employee satisfies all the

conditions specified below: aaaaaaaa

1.3.1. The employee's Age is at least 18 (Eighteen) years and is not more than 80 (Eighty) years on the Entry Date; However, where the Policyholder has opted for the Accelerated Critical Illness Benefit, the employee's age is not more than 69 (Sixty Nine) years on the Entry Date;

and

1.3.2 The employee is Your full time employee or a full time contract staff and is Actively at Work.

However, the requirement of being Actively at Work is not applicable to Members existing on the Annual Date of Renewal and in takeover policies (the policies existing with another insurer and taken over by Us). A Member who is not Actively at Work must submit a duly filled in health questionnaire at the time of joining insurance scheme for coverage amount up to the Free Cover Limit. The insurance cover will commence based on the health questionnaire submitted, to Our satisfaction. If there is any abnormality found in the health questionnaire, then We shall reserve the right to call for further evidence of insurability in respect of such Member.

1.4. Eligibility Conditions for Members of Non Employer-Employee Groups A person shall be considered to be an Eligible Member if that person satisfies all the conditions

specified below:

1.4.1. The person's Age is at least 18 (Eighteen) years and is not more than 80 (Eighty) years on the Entry Date. However, where the Policyholder has opted for the Accelerated Critical Illness Benefit, the person's age is not more than 69 (Sixty Nine) years on the Entry Date; and

1.4.2. The person is a member of Your group (as defined in the Schedule) on the Entry Date.

1.5. Eligibility Conditions for Dependents/Spouse of Members The Dependents/spouse of a Member shall be considered to be Eligible Members if all the conditions specified below are satisfied provided You opt for spouse/Dependents cover:

1.5.1. the Dependent's/spouse's Age is at least 18 (Eighteen) years and is not more than 80(Eighty) years on the Entry Date. However, where the Policyholder has opted for the Accelerated Critical Illness Benefit, the Dependent's/ spouse's Age is not more than 69 (Sixty Nine) years on the Entry Date.

1.5.2. the Dependent/ spouse satisfies the conditions laid down in Our Underwriting Policy; and

1.6. Free Cover Limit

1.6.1. We will provide a Free Cover Limit to the Eligible Members of an Employer-Employee Group

only in the following circumstances:

1.6.1.1 In case of compulsory cover where all Your full time employees and full time contract staff that are Eligible Members are being compulsorily insured under the Policy; and

1.6.1.2 The full time employees and full time contract staff are Actively at Work;

1.6.1.3 The requirement of being Actively at Work is not applicable to Members existing on the Annual Date of Renewal and in takeover policies (the policies existing with another insurer and taken over by Us).

10 of 401.6.2. Any insurance cover sought in respect of an Eligible Member in excess of the Free Cover Limit will be subject to Our Underwriting Policy.

1.6.3. Eligible Members of a Non-Employer-Employee Group may be provided Free Cover Limit if allowed and subject to Our Underwriting Policy.

2. COVERAGE UNDER THE POLICY & DUTIES OF THE MASTER POLICYHOLDER

2.1. We will cover an Eligible Member as a Member from the Entry Date provided that:

2.1.1. We have received a completed enrollment form and the accompanying documentation in respect of that Eligible Member;

2.1.2. The Eligible Member satisfies Our underwriting criteria as per Underwriting Policy for the Sum Assured on Death in excess of the Free Cover Limit (if applicable); and

2.1.3. We have received due Premium in respect of that Eligible Member before the Entry Date.

2.2. You shall always keep a record of all information of each Member in the Register of Members including the Member's name, gender, date of birth, Age, occupation/designation, address, details of the Premium paid by the Member (as applicable), Entry Date, Expiry Date, date of exit of Member, Sum Assured on Death payable, Voluntary Top-Up Cover if any, information required for effecting insurance coverage on the life of a Member's Dependents/spouse, Period of Coverage, Beneficiaries, rider cover details, Member's remuneration on cost to company basis, leave record details, Certificate of Insurance number and other information required to carry out the terms of this Policy. You shall provide Us with an updated and complete copy of the Register of Members on the last day of every calendar month.

2.3. In the event the Register of Members is amended, such amendment shall become effective only if the same has been intimated to Us within 30 (Thirty) days of such amendment and if the same is approved by Us. Any amendment to the terms and conditions of this Policy due to any amendment to the Register of Members or otherwise will be effective on issuance of duly signed endorsements.

2.4. You will give Us all information, documentation and evidence with respect to the Policy as required by Us from time to time. All documents furnished to You by any Member and other records with respect to the Policy, shall be informed to Us and shall be open for Our inspection at all reasonable times.

3. BENEFITS

3.1. Death Benefit

3.1.1. If the Policy is in force, then, upon death of the Member during the Period of Coverage, We will pay the Sum Assured on Death to the Claimant.

3.1.2. The Sum Assured on Death payable under the Policy will be reduced to the extent of the amount already paid under Accelerated Critical Illness Benefit.

3.2. Accelerated Critical Illness Benefit

3.2.1. "Accelerated Critical Illness Benefit" means Sum Assured under Health Cover that is payable on the first time Diagnosis of a specified Critical Illness provided the Policy is in force and the Member has been Diagnosed with Critical Illness after a period of 90 (Ninety) days from the Effective Date of Coverage or Date of Revival, whichever is later ("Waiting Period") leading to an acceleration of death benefit upon the occurrence of a Critical Illness with the remaining death benefit payable on death. We shall pay the Accelerated Critical Illness Benefit, in a lump sum.No Accelerated Critical Illness Benefit will be payable if any claim occurs within the Waiting Period or if Critical Illness has occurred/Diagnosed during the Waiting Period and the Accelerated Critical Illness Benefit will terminate and We shall refund the Premium without interest paid corresponding to the Accelerated Critical Illness Benefit. The Waiting Period shall be applicable for new group or to new members of the existing group. In case of renewal, the Waiting Period shall not apply to those Members who have already completed their Waiting Period fully.

3.2.2. The Accelerated Critical Illness Benefit as provided in the Schedule will be payable. However, in no case the same shall exceed 50% of Sum Assured on Death or Rs. 1 (One) Crore, whichever is lower.

3.2.3. The Accelerated Critical Illness Benefit option shall be available for the Policyholder only at the time of proposal.

11 of 403.2.4. The Accelerated Critical Illness Benefit does not provide for additional benefit but only accelerates the death benefit payable under this Policy. Upon payment of this benefit: i) The Accelerated Critical Illness Benefit will cease; and aaaaaaaaaa ii) Sum Assured on Death payable under the Policy will be reduced to the extent of the amount already paid under the Accelerated Critical Illness Benefit.

iii) No further premium will be charged for Accelerated Critical Illness Benefit for the member.

3.2.5. Apart from the exclusions specified in each of the diseases in Clause 3.2.9 herein below, there are other exclusions for Critical Illness as mentioned in the same clause. For all such exclusions mentioned in Clause 3.2.9, the Claimant will not be entitled to any Accelerated Critical Illness Benefit.

3.2.6. If the Accelerated Critical Illness Benefit option has been opted by the Policyholder, then Axis Max Life Group Critical Illness (Additional Benefit) Rider will not be available along with this Policy.

3.2.7. Accelerated Critical Illness Benefit shall not be available to a Member in case the Member has any Pre-Existing Disease or has any Critical Illness has occurred prior to the Effective Date of Coverage.

3.2.8. Accelerated Critical Illness Benefit shall be payable to the Member only once during the lifetime of the Member.

3.2.9. List of Critical Illness and exclusions to Critical Illness i. Cancer of specified severity A malignant tumor characterized by the uncontrolled growth and spread of malignant cells with invasion and destruction of normal tissues. This diagnosis must be supported by histological evidence of malignancy. The term cancer includes leukemia, lymphoma and sarcoma.

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;

ii. Open Chest CABG 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 a sternotomy (cutting through the breast bone) or minimally invasive keyhole coronary artery bypass procedures. The diagnosis must be supported by a coronary angiography and the realization of surgery has to be confirmed by a cardiologist.

The following are excluded: i. Angioplasty and/or any other intra-arterial procedures iii. First Heart Attack - of Specified Severity The first occurrence of heart attack or myocardial infarction, which means the death of a portion of the heart muscle as a result of inadequate blood supply to the relevant area. The diagnosis for Myocardial Infarction should be evidenced by all of the following

criteria:

12 of 40a portion of the heart muscle as a result of inadequate blood supply to the relevant area. The diagnosis for Myocardial Infarction should be evidenced by all of the following

criteria: i. A history of typical clinical symptoms consistent with the diagnosis of acute myocardial infarction (For e.g. typical chest pain) ii. New characteristic electrocardiogram changes iii. Elevation of infarction specific enzymes, Troponins or other specific biochemical markers.

The following are excluded: i. Other acute Coronary Syndromes ii. Any type of angina pectoris iii. A rise in cardiac biomarkers or Troponin T or I in absence of overt ischemic heart disease OR following an intra-arterial cardiac procedure.

iv. Stroke Resulting in Permanent Symptoms Any cerebrovascular incident producing permanent neurological sequelae. This includes infarction of brain tissue, thrombosis in an intracranial vessel, haemorrhage and embolisation from an extracranial source. Diagnosis has to be confirmed by a specialist Medical Practitioner and evidenced by 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 produced.

The following are excluded: i. Transient ischemic attacks (TIA) ii. Traumatic injury of the brain iii. Vascular disease affecting only the eye or optic nerve or vestibular functions. v. 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 (haemodialysis or peritoneal dialysis) is instituted or renal transplantation is carried out. Diagnosis has to be confirmed by a specialist Medical Practitioner.

vi. Major Organ / Bone Marrow Transplant

The actual undergoing of a transplant of: 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. Human bone marrow using haematopoietic stem cells. The undergoing of a transplant has to be confirmed by a specialist Medical Practitioner.

The following are excluded: i. Other stem-cell transplants ii. Where only islets of Langerhans are transplanted vii. Permanent Paralysis of Limbs Total and irreversible loss of use of two or more limbs as a result of injury or disease of 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.

viii. Multiple Sclerosis with Persisting Symptoms The unequivocal diagnosis of Definite Multiple Sclerosis confirmed and evidenced by all

of the following: i. investigations including typical MRI findings which unequivocally confirm the diagnosis to be multiple sclerosis and ii. there must be current clinical impairment of motor or sensory function, which must have persisted for a continuous period of at least 6 months.

Neurological damage due to SLE is excluded. ix. Coma of Specified Severity A state of unconsciousness with no reaction or response to external stimuli or internal needs. This diagnosis must be supported by evidence of all of the following:

13 of 40needs. This diagnosis must be supported by evidence of all of the following: 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.

x. Blindness Total, permanent and irreversible loss of all vision in both eyes as a result of illness or accident.

The Blindness is evidenced by: i. corrected visual acuity being 3/60 or less in both eyes or; ii. the field of vision being less than 10 degrees in both eyes. The diagnosis of blindness must be confirmed and must not be correctable by aids or surgical procedure.

xi. Third Degree Burns There must be third-degree burns with scarring that cover at least 20% of the body's 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.

xii. Open Heart Replacement or Repair of Heart Valves The actual undergoing of open-heart valve surgery is to replace or repair one or more heart valves, as a consequence of defects in, abnormalities of, or disease- affected cardiac valve(s). The diagnosis of the valve abnormality must be supported by an echocardiography and the realization of surgery has to be confirmed by a specialist Medical Practitioner. Catheter based techniques including but not limited to, balloon valvotomy/valvuloplasty are excluded.

xiii. Apallic Syndrome A vegetative state is absence of responsiveness and awareness due to dysfunction of the cerebral hemispheres, with the brain stem, controlling respiration and cardiac functions, remaining intact. The definite diagnosis must be evidenced by all of the

following:

1. Complete unawareness of the self and the environment

2. Inability to communicate with others

3. No evidence of sustained or reproducible behavioural responses to external stimuli

4. Preserved brain stem functions

5. Exclusion of other treatable neurological disorders with appropriate neurophysiological tests or imaging procedures

6. The diagnosis must be confirmed by a Consultant Neurologist and the condition must be medically documented for at least one month without any clinical improvement. xiv. Benign Brain Tumour Benign brain tumor is defined as a life threatening, non-cancerous tumor in the brain, cranial nerves or meninges within the skull. The presence of the underlying tumor must 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 period of at least 90 consecutive days or ii. Undergone surgical resection or radiation therapy to treat the brain tumor.

The following conditions are excluded:

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.

14 of 40xv. End Stage Lung Failure End stage lung disease, causing chronic respiratory failure, as confirmed and evidenced

by all of the following:

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.

xvi. End Stage Liver Failure Permanent and irreversible failure of liver function that has resulted in all three of the

following: i. Permanent jaundice; and ii. Ascites; and iii. Hepatic encephalopathy. iv. Liver failure secondary to drug or alcohol abuse is excluded. xvii. Loss of Limbs The physical separation of two or more limbs, at or above the wrist or ankle level limbs as a result of injury or disease. This will include medically necessary amputation 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.

xviii.Major Head Trauma 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 Activities of Daily Living are:

I. Washing: the ability to wash in the bath or shower (including getting into 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.

The following are excluded:

Spinal cord injury; xix. Surgery of Aorta The undergoing of surgery to treat narrowing, obstruction, aneurysm or dissection of the aorta. Minimally invasive procedures like endovascular repair are covered under this definition. The surgery must be determined to be medically necessary by a Consultant Surgeon and supported by imaging findings.

15 of 40definition. The surgery must be determined to be medically necessary by a Consultant Surgeon and supported by imaging findings.

For the above definition, the following are not covered:

1. Surgery to any branches of the thoracic or abdominal aorta (including aortofemoral or aortoiliac bypass grafts)

2. Surgery of the aorta related to hereditary connective tissue disorders (e.g. Marfan syndrome, Ehlers-Danlos syndrome)

3. Surgery following traumatic injury to the aorta xx. Primary (Idiopathic) Pulmonary Hypertension An unequivocal diagnosis of Primary (Idiopathic) Pulmonary Hypertension by a Cardiologist or specialist in respiratory medicine with evidence of right ventricular enlargement and the pulmonary artery pressure above 30 mm of Hg on Cardiac Cauterization. There must be permanent irreversible physical impairment to the degree of at least Class IV of the New York Heart Association Classification of cardiac impairment.

The NYHA Classification of Cardiac Impairment are as follows: i. Class III: Marked limitation of physical activity. Comfortable at rest, but less than ordinary activity causes symptoms. ii. Class IV: Unable to engage in any physical activity without discomfort.Symptoms may be present even at rest.

Pulmonary hypertension associated with lung disease, chronic hypoventilation, pulmonary thromboembolic disease, drugs and toxins, diseases of the left side of the heart, congenital heart disease and any secondary cause are specifically excluded.

Exclusions applicable for the Accelerated Critical Illness Benefit:

Apart from the exclusions specified in each of the diseases in this Annexure 3, there are other exclusions for Critical Illness as mentioned below. For all such exclusions mentioned in Annexure 3, the Claimant will not be entitled to any Accelerated Critical Illness Benefit. If any of the exclusion is found at underwriting stage, then the Policy will not be offered. However, if any exclusion is accepted as substandard as per board approved Underwriting Policy, the claim will not be rejected on ground of that

exclusion:

1. Failure to follow medical advice

2. Any external congenital anomaly (known and/or visible at the time of proposal), which is not as a consequence of genetic disorder, unless the Member has disclosed at the time of proposal and the Company has specifically accepted the same;

3. Sickness or Critical Illness which was a Pre-Existing Disease or sickness or Critical Illness which was induced by or as a result of a Pre-Existing Disease.

4. Intentional self-inflicted injury, attempted suicide, while sane or insane;

5. Insured person being under the influence of drugs, alcohol, narcotics or psychotropic substances unless taken in accordance with the lawful directions and prescription of a registered Medical Practitioner;

6. War, invasion, act of foreign enemy, hostilities (whether war be declared or not), armed or unarmed truce, civil war, mutiny, rebellion, revolution, insurrection, military or usurped power, riot or civil commotion, strikes;

7. Taking part in any naval, military or air force operation during peace time or during service in any police, paramilitary or any similar organisation;

8. Participation by the insured person in a criminal or unlawful act with illegal or criminal intent;

9. Engaging in or taking part in professional sport(s) or any hazardous pursuits, including but not limited to, diving or riding or any kind of race; underwater activities involving the use of breathing apparatus or not; martial arts; hunting;

mountaineering; parachuting; bungee-jumping;

16 of 4010. Nuclear Contamination; the radio-active, explosive or hazardous nature of nuclear fuel materials or property contaminated by nuclear fuel materials or accident arising from such nature;

3.3. Maturity Benefit & Survival Benefit No maturity benefits or survival benefits are payable under the Policy.

3.4. Voluntary Top-up Cover Opted by Members Only in the case of an Employer-Employee Group, the Member has an option to choose for an additional Sum Assured on Death ("Voluntary Top-Up Cover") subject to a written request submitted by You to Us along with the evidence of insurability and evidence of health to Us as per Our Underwriting Policy and on payment of an additional Premium.

3.5. Increase or Decrease in the Sum Assured on Death Opted by You You may opt to increase or decrease the Sum Assured on Death of the Members by giving a written request to Us. We will increase/decrease the Sum Assured on Death provided that the proposed increase/decrease is in accordance with Underwriting Policy. We will increase the Sum Assured on Death only if We have received Premium in full in respect of all the Members for whom the increase is proposed, in advance. On decrease of the Sum Assured on Death , We will refund the Premium without interest received in proportion to the decrease of the Sum Assured on Death for the unexpired Period of Coverage.

3.6. Optional Insurance on the Life of a Member's Dependent/Spouse

3.6.1. Under this Policy, You shall have an option to choose insurance on the life of a Member's Dependent(s)/spouse on the Date of Commencement of Risk, subject to the submission of the evidence of insurability and evidence of health to Us, as per Our Underwriting Policy and upon payment of an additional Premium for such insurance to Us. If the Premium is recovered from the Member for the insurance on the life of a Member's Dependent/spouse then, You will ensure that the prior written consent of such a Member is obtained before effecting the insurance.

3.6.2. The insurance on the life of a Member's Dependent(s)/spouse will be subject to and will be governed by all the terms and conditions of this Policy as applicable to the relevant Member.

Theiinsurance on the life of a Member's Dependent(s)/spouse shall at no point in time exceed the Period of Coverage and the Sum Assured on Death payable for such a Member under this Policy.

3.6.3. The insurance on the life of a Member's Dependent(s)/spouse will terminate in accordance with the terms of the Policy and the Certificate of Insurance, as the case may be.

4. PREMIUMS

4.1. You can pay the Premiums in respect of all Members in annual mode (in which case You need to pay the Premium only once in a Policy Year), semi-annually, quarterly or monthly as per the Premium payment mode chosen by You by the due dates specified in the Schedule.

4.2. You can pay Premiums at any of Our offices or through Our website www.axismaxlife.com or by an y other means, as informed by Us. Any Premium paid by You will be deemed to have been recei ved by Us only after the same has been realized and credited to Our bank account.

4.3. The Premium payment receipt will be issued in Your name, which will be subject to realization of cheque or any other instrument/medium.

5. LAPSATION OF POLICY If the Premium is not received by the end of the Grace Period, the Policy will lapse and no benefit under the Policy will be payable in respect of any Member.

6. GRACE PERIOD

6.1. The Premium is due and payable by the due date specified in the Schedule. If the Premium is not paid by the due date, You may pay the same during the Grace Period without any late fees or interest.

6.2. The insurance coverage continues during the Grace Period. However, if the due Premium is not paid and the insured event takes place, then, We will pay the applicable benefit subject to payment of due Premium(s).

6.3. If the Premium is received by Master Policyholder from a Member within the Grace Period, We shall provide risk cover to that Member.

17 of 40PART D POLICY SERVICING CONDITIONS

1. SURRENDER

1.1. On Surrender of the Policy by You, the Members will be provided an option, to continue the insurance coverage until the expiry of the Period of Coverage or to exit from the Policy.

1.2. In case the Members continue, where:

1.2.1. the Premium is borne and paid by You, We will refund an amount equal to the Premium without interest for the unexpired Period of Coverage to You and We will continue the coverage for the unexpired Period of Coverage with respect to those Members provided We have received Premium from them for the unexpired Period of Coverage subject to Our Underwriting Policy;

1.2.2. the Premium is and continued to be borne by the Members, We will continue the coverage for those Members till the expiry of the Period of Coverage.

1.3. In case the Members opt to exit, where:

1.3.1. the Premium is borne and paid by You, an amount equal to the Premium without interest for the unexpired Period of Coverage will be refunded to You;

1.3.2. the Premium is borne by the Members, an amount equal to the Premium without interest for the unexpired Period of Coverage will be refunded to those Members.

2. REVIVAL OF POLICY

2.1. A Lapsed Policy or Member cover (where the Premium is borne by the Members) may be revived during the Policy Term in accordance with our Board Approved Underwriting Policy, provided that:

2.1.1. We receive Your written request to revive the Policy; and

2.1.2. You provide Us, at Your cost, satisfactory evidence of insurability in respect of the Members, which is acceptable to Us; and

2.1.3. Payment of all due Premiums (along with the applicable taxes, cesses and levies, if any) is made to Us with late fee as on the Date of Revival as may be determined by Us from time to time.

Currently the applicable late fees are as below:

No. of days between Date of Revival and date of lapse of Policy Late Payment Fee (in Rs.) 0-60 Nil RBI Bank Rate + 1%p.a. compounded 61-180 annually on due Premiums RBI Bank Rate + 3%p.a. compounded >180 annually on due Premiums The 'RBI Bank Rate' for the financial year ending 31st March (every year) will be considered for determining the Revival late fee. The RBI Bank Rate shall be revised only if the same changes by 1% or more from the RBI Bank Rate used to determine the prevailing late fee and the change shall be effective from 1st July (every year).

2.2. The Revival of the lapsed Policy or Member cover will take effect only after We have approved the same in accordance with Underwriting Policy and communicated Our decision to You in writing.

We may not be liable to pay any benefit occuring during the period for which the Policy was lapsed.

2.3. If a Lapsed Policy or Member cover (where the Premium is borne by the Members) is not revived within the Policy Term, this Policy will terminate without value, on the expiry of the Policy Term.

3. LOANS

3.1. You or the Member are not entitled to any loans under this Policy.

4. PAYMENT OF BENEFITS

4.1. The benefits under the Policy will be payable to the Claimant only on submission of satisfactory proof of the Member's death to Us.

18 of 404.2. Once the benefits under this Policy are paid to the Claimant, the same will constitute a valid discharge of Our liability under this Policy.

5. TERM, RENEWAL AND TERMINATION OF POLICY

5.1. The Policy shall continue to be in force for a period of 1 (One) year from the Date of Commencement of Risk or any subsequent Annual Date of Renewal provided that the Policy continues to be renewed with Us. The Policy shall become renewable on each Annual Date of Renewal provided that We receive updated details in respect of all Members for whom the Policy is proposed to be renewed. We will specify the Premium payable to renew the Policy which must be received by Us before the Annual Date of Renewal for the Policy to be renewed.

5.2. If We do not receive the Premium payable on the Annual Date of Renewal in full, You shall be deemed to have discontinued payment of Premiums and this Policy shall terminate. You shall not subsequently be entitled to resume payment of Premiums except with Our prior written consent.

5.3. This Policy will terminate on the occurrence of the earliest of the following events:

5.3.1. the date on which We receive a Freelook cancellation request; or

5.3.2. if the Lapsed Policy has not been revived; or

5.3.3. the date of payment of the Surrender Value under the Policy; or

5.3.4. on the expiry of the Policy Term or Annual Date of Renewal if Policy is not renewed.

5.4. This Policy may be terminated by either You or by Us, by giving 3 (Three) months prior written notice. Upon termination of this Policy, no new enrollment forms for the Eligible Members will be accepted by Us. You will not add any new Eligible Member in the Register of Members, from the date of such termination.

6. TERMINATION OF MEMBER'S COVER UNDER THE POLICY

6.1. A Member's insurance coverage under the Policy shall terminate upon the occurrence of the

earliest of the following:

6.1.1. the date on which We receive a Freelook cancellation request from the Member (for Non Employer-Employee Group) or the date on which We receive a Freelook cancellation request from the Master Policyholder (in case of Employer-Employee group);

6.1.2. the Member ceases to be an Eligible Member;

6.1.3. the Member ceases to be a member of Your Group;

6.1.4. on the Expiry Date;

6.1.5. on the death of the Member;

6.1.6. on the date of payment of Surrender Value under the Certificate of Insurance;

6.1.7. On Annual Date of Renewal, if the Member's Age is 81 years or more;

6.1.8. The Member has been covered under the Policy as a spouse/Dependant of another Member

and one of the following occurs:

6.1.8.1. termination of the insurance cover on the life of a Member, whose spouse/ Dependant has been granted insurance cover;

6.1.8.2. divorce or annulment of marriage of the Member and the Member who is his/her spouse.

6.2. The Accelerated Critical Illness Benefit cover shall cease, on Annual Date of Renewal, if the Member's Age is 70 years or more. However, the death benefit of the Member shall continue till the Member attains 80 years of Age.

6.3. In an Employer-Employee Group, if a Member's insurance coverage under the Policy is terminated due to reasons other than death, We will refund the Premium without interest for the unexpired Period of Coverage to You in respect of that Member in case the Premium is borne and paid by You.

6.4. In a Non-Employer-Employee Group, if a Member's insurance coverage under the Policy is terminated due to reasons other than death, We will continue the insurance coverage of the Member till the end of the Period of Coverage unless We receive a written request from the Member to terminate the insurance coverage under the Policy. On receipt of a written request, We will refund the proportionate Premium received without interest in respect of that Member for the unexpired Period of Coverage.

19 of 40PART E POLICY CHARGES APPLICABLE FEES/ CHARGES UNDER THE POLICY This Policy is a non-linked non-participating Group Pure Risk Life insurance plan, so Part E is not applicable to this Policy.

20 of 40PART F GENERAL TERMS & CONDITIONS

1. TAXES

1.1. All Premiums received, benefits payable, and/or funds accumulated under the Policy or as may be maintained by Us for Policyholders/Members are subject to applicable taxes, cesses, and levies, including but not limited to Goods and Services Tax (GST) and Income Tax, as applicable, which shall be entirely borne by You/Member and will always be paid by You/Member at the time of Premium payment, receipt of benefits and/or fund payout, as applicable.

1.2. Notwithstanding anything contained in this Policy or otherwise, We hereby reserve the right to claim, deduct, reduce and/or set-off a sum equivalent to any tax, interest, penalty, and/or other payments, as maybe imposed by any legislation, regulation, order, judgment, or otherwise, from any benefits payable to You/Member, Nominee, or assignee or from the funds accumulated under the Policy or funds maintained by Us.

1.3. Tax benefits may be available as per prevailing tax laws. Tax laws, their interpretation and/or application, including benefits arising thereunder are subject to change. You/Member are advised to consult tax advisor regarding the tax benefits and liabilities applicable to you.

2. CLAIM PROCEDURE

2.1. For processing a claim request under this Policy, We will require all of the following documents:

2.1.1. Documents for death claims i. Claimant's statement in the prescribed form; ii. original Certificate of Insurance; iii. original/ attested copy copy of death certificate issued by the local/municipal authority;

iv. identity proof of the Member and the Nominee(s) bearing their photographs and signatures v. copy of bank passbook / cancelled cheque of the Claimant with name and account number printed vi. any other documents or information required by Us for assessing and approving the claim request.

2.1.2. Additional documents in case of death due to medical reason:- i. attending physician's statement and hospital treatment certificate (if any); ii. discharge summary / indoor case papers in case death happened due to medical reasons in a hospital;

2.1.3. Additional documents in case of Accidental Death/Murder/Suicide cases and any

unnatural death:- i. a copy of police complaint/ first information report ii. a copy of duly certified post mortem report- autopsy/viscera report and a copy of the final police investigation report /charge sheet

2.1.4. Additional documents in case of death in foreign country:- i. body transfer certificate / embassy documents / post-mortem report whichever applicable ii. Copy of passport

2.1.5. Documents for Accelerated Critical Illness Benefit i. Claimant statement in the prescribed format ii. attending physician's statement and hospital treatment certificate iii. discharge summary / indoor case papers in case death happened due to medical reasons in a hospital;

iv. medical booklet / CGHS card details in case of defence and central government personnel; v. identity proof of the Member and the Nominee(s) bearing their photographs and signatures vi. copy of bank passbook / cancelled cheque of the Claimant / Life assured with name and account number printed.

21 of 40vii. any other documents or information required by Us for assessing and approving the claim request.

2.2. Notwithstanding anything contained in this Policy, in case Master Policyholder is a Regulated Entity, the following shall apply:

2.2.1 We may make the payment of outstanding loan balance amount to You by deducting from the claim proceeds payable under the Policy, in accordance with IRDAI guidelines as amended from time to time provided the Members provide authorisation to do so. The Members may provide the said authorisation either on the Entry Date or at a later date;

2.2.2 You shall provide us details of the credit account statement with respect to the Members as per the guidelines issued by IRDAI from time to time;

2.2.3 We reserve the right to: i) audit or cause an audit into the accuracy of the credit account statements of the Members in respect of which claims will be settled, on completion of every financial year and shall audit or cause an audit into the accuracy of the credit account statement of the deceased Members furnished by You; or ii) You shall provide a certification from Your internal statutory auditors that the outstanding loan balance being shown in the credit account statement/claim discharge form is correct as per the conditions governing the credit account/loan account.

2.3. In case of absence of authorization or in cases of Master Policyholder being other than Regulated Entities, the entire claim amount shall be payable to the nominee/ beneficiary.

2.4. A Claimant can download the claim request documents from Our website www.axismaxlife.com or can obtain the same from any of Our branches and offices.

2.5. Subject to the provisions of Section 45 of the Insurance Act, 1938, as amended from time to time,

we shall pay the benefits under this Policy subject to Our satisfaction:

2.5.1 that the benefits have become payable as per the terms and conditions of this Policy; and

2.5.2 of the bonafides and credentials of the Claimant.

2.6. Subject to Our discretion and satisfaction, in exceptional circumstances such as on happening of a Force Majeure Event, We may decide to waive all or any of the requirements mentioned in this Policy.

2.7. The Claimant is required to intimate Us along with necessary documents as mentioned above, regarding a claim under the Policy, at the earliest possible time either in person or through online mode or Our distribution channel or authorized call centre. For any support or guidance in relation to claims, please contact us at Helpline No. - 1860 120 5577, Email:

service.helpdesk@axismaxlife.com

3. DECLARATION OF THE CORRECT AGE AND GENDER Declaration of the correct Age and or gender of the Member(s) is important for Our underwriting process and calculation of Premiums payable under the Policy. If the Age and/or gender declared in the Proposal Form and/or Member enrolment application form are found to be incorrect anytime within three (3) years from the date of issuance of Certificate of Insurance, the Effective Date of Coverage, the Date of Revival of Policy or Certificate of Insurance or the date of rider to the Policy or Certificate of Insurance, if applicable, whichever is later, then We may exercise Our rights under Section 45 of the Insurance Act, 1938, as amended from time to time or revise/adjust the Premium payable by You/ the Member with interest and/or from applicable benefits payable under the Policy in accordance with the Premium and benefits that would have been payable, if the correct Age and/ or gender would have made the Member eligible to be covered under the Policy on the Date of Commencement of Risk.

4. FRAUD, MIS-STATEMENT AND FORFEITURE Fraud, mis-statement and forfeiture would be dealt with in accordance with provisions of Section 45 of the Insurance Act, 1938 as amended from time to time. [A leaflet containing the simplified version of the provisions of the above section is enclosed in Annexure - 1 for reference]

5. SUICIDE EXCLUSION

5.1. In case of Employer-Employee Group where the cover is compulsory, suicide exclusion will not be applicable.

5.2. In case of a Non Employer-Employee Group or an Employer-Employee Group under which Members are covered on a voluntary basis and where the suicide exclusion clause is applicable, if the 22 of 40the Member commits suicide, within 12 (Twelve) months of continuous coverage from the Entry Date, all risks and benefits under the Policy in respect of such Member will automatically cease and no benefits will be payable. In such an event, the Claimant will be entitled to refund of the Premiums paid in respect of the member, without interest till the date of death or the surrender value applicable as on the date of death, whichever is higher, provided the policy is inforce.

6. TRAVEL AND OCCUPATION Subject to Underwriting Policy, there are no restrictions on travel or occupation under this Policy.

7. NOMINATION Nomination is allowed as per Section 39 of the Insurance Act, 1938 as amended from time to time. [A leaflet containing the simplified version of the provisions of the above section is enclosed in Annexure - 2 for reference]. Member may request for a cancellation or change of nomination(s) for a Certificate of Insurance along with necessary details of substituted nominee. Additional charges, not exceeding Rs.

100/- on each occasion may be applicable for cancellation or change of nominee.aaaaaaaaaaaa

8. ASSIGNMENT Assignment, if any, shall be in accordance with the provisions of Section 38 of the Insurance Act, 1938 as amended from time to time. [A leaflet containing the simplified version of the provisions of the above section is enclosed in Annexure - 3 for reference] You or Member may request for a cancellation or change of assignment(s) or transfer assignment for the Policy or Certificate of Insurance, as the case may be, along with necessary details. Additional charges, not exceeding Rs. 100/- on each occasion may be applicable for cancellation or change of nominee.

9. POLICY CURRENCY This Policy is denominated in Indian Rupees. Any benefit/claim payments under the Policy will be made in Indian Rupees by Us or in any other currency in accordance with the applicable guidelines issued by the Reserve Bank of India from time to time.

10. ELECTRONIC TRANSACTIONS You will comply with all the terms and conditions with respect to all transactions effected by or through facilities for conducting remote transactions including the internet, world wide web, electronic data interchange, call centre, tele-service operations or by other means of telecommunication established by Us or on Our behalf, for and in respect of the Policy or services, which will constitute legally binding and valid transactions when executed in adherence to and in compliance with the terms and conditions for such facilities.

11. AMENDMENT No amendments to the Policy will be effective, unless such amendments are expressly approved in writing by Us and by IRDAI wherever applicable.

12. REGULATORY AND JUDICIAL INTERVENTION If any competent regulatory body or judicial body imposes any condition on the Policy for any reason, We are bound to follow the same which may include suspension of all benefits and obligations under the Policy

13. FORCE MAJEURE The performance of the Policy may be wholly or partially suspended during the continuance of such Force Majeure Event under an intimation to or approval of IRDAI. We will resume Our obligations under the Policy after the Force Majeure Event ceases to exist.

14. COMMUNICATION & NOTICES

14.1.All notices meant for Us should be in writing and delivered to Our address as mentioned in Part G or such other address as We may notify from time to time. You should mention the correct Policy number in all communications including communications with respect to Premium remittances made by You.

14.2 All notices meant for You will be in writing and will be sent by Us to Your address as shown in the . Schedule or as communicated by You and registered by Us. We may send You notices by post, courier, hand delivery, fax or e-mail/electronic mode or by any other means as determined by Us.

If You change Your address, or if the address of the nominee changes, You must notify Us immediately. Failure in timely notification of change of address could result in a delay in processing of benefits payable under the Policy.

23 of 4014.3 For any updates, please visit Our website www.axismaxlife.com.

15. G. OVERNING LAW AND JURISDICTION The Policy will be governed by and enforced in accordance with the laws of India. The competent courts in India will have exclusive jurisdiction in all matters and causes arising out of the Policy.

16. ISSUANCE OF DUPLICATE POLICY The Master Policyholder may request for a duplicate copy of the Policy to Us along with relevant documents. Additional charges not exceeding Rs.250/- may be applicable for issuance of the duplicate Policy.

17. TRANSLATION In the event of any conflict or discrepancy between any translated version and the English language version of this Policy contract, the English language version of this Policy contract shall prevail.

24 of 40PART G GRIEVANCE REDRESSAL MECHANISM & OMBUDSMAN DETAILS

1. DISPUTE REDRESSAL PROCESS UNDER THE POLICY

1.1. All consumer grievances and/or queries may be first addressed to Your agent or Our customer

helpdesk as mentioned below:

Group Business Operations Axis Max Life Insurance Limited Plot 90C, Udyog Vihar, Sector 18, Udyog Vihar, Gurugram, 122015, Haryana, India Helpline No. - 1860 120 5577

Email: service.helpdesk@axismaxlife.com

1.2. If Our response is not satisfactory or there is no response within 14 (Fourteen) days:

1.2.1. the complainant may file a written complaint with full details of the complaint and the complainant's contact information to the following official for resolution:

Grievance Redressal Officer, Axis Max Life Insurance Limited Plot No. 90C, Udyog Vihar, Sector 18, Udyog Vihar, Gurugram, 122015, Haryana, India Helpline No. - 1860 120 5577 or (0124) 4219090

Email: manager.services@axismaxlife.com;

1.2.2. the complainant may approach the Grievance Cell of IRDAI on the following contact details:

IRDAI Grievance Call Centre (Bima Bharosa Shikayat Nivaran Kendra)

Toll Free No:155255 or 1800 4254 732 Website - bimabharosa.irdai.gov.in

1.2.3. the complainant can also register the complaint online at http://www.igms.irdai.gov.in/

1.2.4. the complainant can also register the complaint through fax/paper by submitting the

complaint to:

Policyholder Protection & Grievance Redressal Department (PPGR) Insurance Regulatory and Development Authority of India Sy No. 115/1, Financial District, Nanakramguda, Gachibowli, Hyderabad- 500032

(India) Ph: (040) 20204000

1.3. In case You are not satisfied with the redressal or there is no response within a period of 1 (One) month, or within One year of rejection of complaint by Us, the complainant may approach Insurance Ombudsman at the address mentioned in Annexure A or on the IRDAI website at www.irdai.gov.in or on Council of Insurance Ombudsmen website at www.cioins.co.in, if the

grievance pertains to:

1.3.1. delay in settlement of a claim beyond the time specified by Us;

1.3.2. any partial or total repudiation of a claim by Us;

1.3.3. dispute over Premium paid or payable in terms of the Policy; or

1.3.4. misrepresentation of the Policy terms and conditions at any time in the Policy document or Policy contract;

1.3.5. dispute on the legal construction of the Policy in so far as such dispute relate to a claim;

1.3.6. policy servicing by Us, Our agents or intermediaries;

1.3.7. issuance of policy, which is not in conformity with the proposal form submitted by You;

1.3.8. non issuance of any Policy after receipt of the Premium.

1.3.9. any other matter resulting from non-observance of or non-adherence to the provisions of any regulations made by the IRDAI with regard to protection of policyholders' interests or otherwise, or of any circulars, Guidelines or instructions issued by IRDAI or of the terms and conditions of the policy contract, in so far as they relate to issues mentioned in this para 1.3 above.

25 of 401.4.As per Rule 14 of the Insurance Ombudsman Rules, 2017, a complaint to the Insurance Ombudsman can be made only within a period of 1 (One) year after receipt of Our rejection of the representation or after receipt of Our decision which is not to Your satisfaction or if We fail to furnish reply after expiry of a period of one month from the date of receipt of the written representation of the complainant,

provided the complaint is not on the same matter, for which any proceedings before any court, or consumer forum or arbitrator is pending.

26 of 40Annexure A List of Insurance Ombudsman AHMEDABAD - Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th Floor, Tilak Marg, Relief Road, Ahmedabad - 380 001. Tel.:- 079-25501201/02 Email: bimalokpal.ahmedabad@cioins.co.in. (State of Gujarat and Union Territories of Dadra & Nagar Haveli and Daman and Diu.) BENGALURU - Office of the Insurance Ombudsman, Jeevan Soudha Building., PID No. 57-27-N-19, Ground Floor, 19/19, 24th Main Road, JP Nagar, 1st Phase, Bengaluru - 560 078. Tel.: 080-26652048/26652049

Email: bimalokpal.bengaluru@cioins.co.in. (State of Karnataka) BHOPAL - Office of the Insurance Ombudsman, 1st Floor, Jeevan Shikha, 60-B, Hoshangabad Road, Opp.

Gayatri Mandir, Arera Hills, Bhopal-462 011. Tel.:- 0755-2769201/2769202/2769203 Email: bimalokpal.bhopal@cioins.co.in (States of Madhya Pradesh and Chhattisgarh.) BHUBANESWAR - Office of the Insurance Ombudsman, 62, Forest Park, Bhubaneswar - 751 009. Tel.:- 0674-2596461/2596455/2596429/2596003. Email: bimalokpal.bhubaneswar@cioins.co.in. (State of Odisha.) CHANDIGARH - Office of the Insurance Ombudsman, S.C.O. No. 20-27, Ground Floor, Jeevan Deep Building, Sector 17-A, Chandigarh-160017. Tel.:- 0172 - 2706468 Email: bimalokpal.chandigarh@cioins.co.in [States of Punjab, Haryana (excluding 4 districts viz, Gurugram, Faridabad, Sonepat and Bahadurgarh) Himachal Pradesh, Union Territories of Jammu & Kashmir, Ladakh and Chandigarh] CHENNAI - Office of the Insurance Ombudsman, Fathima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, Chennai - 600 018. Tel.:- 044 - 24333668 /24335284 Email: bimalokpal.chennai@cioins.co.in [State of Tamil Nadu and Union Territories - Puducherry Town and Karaikal (which are part of Union Territory of Puducherry).] DELHI - Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi- 110 002. Tel.:- 011 – 46013992/ 23213504/ 23232481 Email: bimalokpal.delhi@cioins.co.in (State of Delhi, 4 districts of Haryana viz, Gurugram, Faridabad, Sonepat and Bahadurgarh) KOCHI- Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash, LIC Building, Opp to Maharaja’s College Ground, M.G. Road, Kochi 682011. Tel : 0484-2358759 Email: bimalokpal.ernakulam@cioins.co.in (State of Kerala and Union Territory of (a) Lakshadweep (b) Mahe - a part of Union Territory of Puducherry.) GUWAHATI - Office of the Insurance Ombudsman, “Jeevan Nivesh”, 5th Floor, Near. Panbazar, S.S. Road, Guwahati- 781 001(ASSAM) Tel.:- 0361-2632204/ 2602205/ 2631307 Email:

bimalokpal.guwahati@cioins.co.in (States of Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura.) HYDERABAD - Office of the Insurance Ombudsman, 6-2-46, 1st Floor, “Moin Court”, Lane Opp. Hyundai Showroom, A.C. Guards, Lakdi-Ka-Pool, Hyderabad-500 004. Tel : 040-23312122/ 23376991 / 23376599 / 23328709 / 23325325 Email: bimalokpal.hyderabad@cioins.co.in (State of Andhra Pradesh, Telangana and Yanam and part of the Union Territory of Puducherry.) JAIPUR - Office of the Insurance Ombudsman, Ground Floor, Jeevan Nidhi II Bldg, Bhawani Singh Marg, Jaipur – 302005 Tel : 0141-2740363 Email: bimalokpal.jaipur@cioins.co.in (State of Rajasthan) KOLKATA - Office of the Insurance Ombudsman, Hindustan Building. Annexe, 7th Floor, 4, C.R. Avenue, Kolkata-700 072. Tel : 033-22124339/22124341 Email: bimalokpal.kolkata@cioins.co.in (States of West Bengal, Sikkim, and Union Territories of Andaman and Nicobar Islands.) LUCKNOW - Office of the Insurance Ombudsman, Hindustan Building. Annexe, 7th Floor, 4, C.R. Avenue, Kolkata-700 072. Tel : 033-22124339/22124341 Email: bimalokpal.kolkata@cioins.co.in (States of West Bengal, Sikkim, and Union Territories of Andaman and Nicobar Islands.)Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazaratganj, Lucknow - 226 001.

Tel.: 0522 - 2231330/2231331 Email: bimalokpal.lucknow@cioins.co.in (Following Districts of Uttar

Pradesh: Laitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhadra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar.) MUMBAI - Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S.V. Road, Santacruz(W), Mumbai 400054. Tel : 022- 69038800/27/29/31/32/33 Email: bimalokpal.mumbai@cioins.co.in (List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and areas of Navi Mumbai.) 27 of 40NOIDA - Office of the Insurance Ombudsman, 4th Floor, Bhagwan Sahai Palace, Main Road, Naya Bans, Sector-15, Dist: Gautam Buddh Nagar, U.P. - 201301. Tel: 0120-2514252/2514253 Email:

bimalokpal.noida@cioins.co.in (State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur.) PATNA - Office of the Insurance Ombudsman, 2nd floor, Lalit Bhawan, Bailey Road, Patna - 800001 Tel No:

0612-2547068, Email id : bimalokpal.patna@cioins.co.in (State of Bihar, Jharkhand.) PUNE - Office of the Insurance Ombudsman, 3rd Floor, Jeevan Darshan Bldg, C.T.S. Nos. 195 to 198, N.C.

Kelkar Road, Narayan Peth, Pune – 411030. Tel.: 020-24471175 Email: bimalokpal.pune@cioins.co.in (State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region) THANE - Office of the Insurance Ombudsman, 2nd Floor, Jeevan Chintamani Building, Vasantrao Naik Mahamarg, Thane (West), Thane – 400604 Email id: bimalokpal.thane@cioins.co.in (Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai, M/East, M/West, N, S and T".) 28 of 40Annexure l

Section 45 - Policy shall not be called in question on the ground of mis-statement after three years Provisions regarding policy not being called into question in terms of Section 45 of the Insurance Act, 1938, as amended from time to time are as follows:

1. No Policy of Life Insurance shall be called in question on any ground whatsoever after expiry of 3 yrs from a the date of issuance of policy or .b. the date of commencement of risk or c. the date of revival of policy or d. the date of rider to the policy whichever is later.

2. On the ground of fraud, a policy of Life Insurance may be called in question within 3 years from a the date of issuance of policy or .b. the date of commencement of risk or c. the date of revival of policy or d. the date of rider to the policy whichever is later.

For this, the insurer should communicate in writing to the insured or legal representative or nominee or assignees of insured, as applicable, mentioning the ground and materials on which such decision is based.

3. Fraud means any of the following acts committed by insured or by his agent, with the intent to deceive

the insurer or to induce the insurer to issue a life insurance policy: a. The suggestion, as a fact of that which is not true and which the insured does not believe to be true; b. The active concealment of a fact by the insured having knowledge or belief of the fact;

c. Any other act fitted to deceive; and d. Any such act or omission as the law specifically declares to be fraudulent.

4. Mere silence is not fraud unless, depending on circumstances of the case, it is the duty of the insured or his agent keeping silence to speak or silence is in itself equivalent to speak.

5. No Insurer shall repudiate a life insurance policy on the ground of fraud, if the insured / beneficiary can prove that the misstatement was true to the best of his knowledge and there was no deliberate intention to suppress the fact or that such mis-statement of or suppression of material fact are within the knowledge of the insurer. Onus of disproving is upon the policyholder, if alive, or beneficiaries.

6. Life insurance Policy can be called in question within 3 years on the ground that any statement of or suppression of a fact material to expectancy of life of the insured was incorrectly made in the proposal or other document basis which policy was issued or revived or rider issued. For this, the insurer should communicate in writing to the insured or legal representative or nominee or assignees of insured, as applicable, mentioning the ground and materials on which decision to repudiate the policy of life insurance is based.

7. In case repudiation is on ground of mis-statement and not on fraud, the premium collected on policy till the date of repudiation shall be paid to the insured or legal representative or nominee or assignees of insured, within a period of 90 days from the date of repudiation.

8. Fact shall not be considered material unless it has a direct bearing on the risk undertaken by the insurer. The onus is on insurer to show that if the insurer had been aware of the said fact, no life insurance policy would have been issued to the insured.

9. The insurer can call 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 of age of life insured. So, this Section will not be applicable for questioning age or adjustment based on proof of age submitted subsequently.

[Disclaimer: This is only a simplified version prepared for general information. You are advised to refer to the Insurance Act 1938 as amended from time to time for complete and accurate details.] 29 of 40Annexure 2

Section 39 - Nomination by Policyholder Nomination of a life insurance Policy is as below in accordance with Section 39 of the Insurance Act, 1938 as amended from time to time. The extant provisions in this regard are as follows:

1. The policyholder of a life insurance policy on his own life may nominate a person or persons to whom money secured by the policy shall be paid in the event of his death.

2. Where the nominee is a minor, the policyholder may appoint any person to receive the money secured by the policy in the event of policyholder's death during the minority of the nominee. The manner of appointment is to be laid down by the insurer.

3. Nomination can be made at any time before the maturity of the policy.

4. Nomination may be incorporated in the text of the policy itself or may be endorsed on the policy communicated to the insurer and can be registered by the insurer in the records relating to the policy.

5. Nomination can be cancelled or changed at any time before policy matures, by an endorsement or a further endorsement or a will as the case may be.

6. A notice in writing of change or cancellation of nomination must be delivered to the insurer for the insurer to be liable to such nominee. Otherwise, insurer will not be liable if a bonafide payment is made to the person named in the text of the policy or in the registered records of the insurer.

7. Fee to be paid to the insurer for registering change or cancellation of a nomination can be specified by the Authority through Regulations.

8. On receipt of notice with fee, the insurer should grant a written acknowledgement to the policyholder of having registered a nomination or cancellation or change thereof.

9. A transfer or assignment made in accordance with Section 38 shall automatically cancel the nomination except in case of assignment to the insurer or other transferee or assignee for purpose of loan or against security or its reassignment after repayment. In such case, the nomination will get affected to the extent of insurer's or transferee's or assignee's interest in the policy. The nomination will get revived on repayment of the loan.

10. The right of any creditor to be paid out of the proceeds of any policy of life insurance shall not be affected by the nomination.

11. In case of nomination by policyholder whose life is insured, if the nominees die before the policyholder, the proceeds are payable to policyholder or his heirs or legal representatives or holder of succession certificate.

12. In case nominee(s) survive the person whose life is insured, the amount secured by the policy shall be paid to such survivor(s).

13. Where the policyholder whose life is insured nominates his a parents or .b. spouse or c. children or d. spouse and children e. or any of them the nominees are beneficially entitled to the amount payable by the insurer to the policyholder unless it is proved that policyholder could not have conferred such beneficial title on the nominee having regard to the nature of his title.

14. If nominee(s) die after the policyholder but before his share of the amount secured under the policy is paid, the share of the expired nominee(s) shall be payable to the heirs or legal representative of the nominee or holder of succession certificate of such nominee(s).

15. The provisions of sub-section 7 and 8 (13 and 14 above) shall apply to all life insurance policies maturing for payment after the commencement of Insurance Laws (Amendment) Act 2015.

16. If policyholder dies after maturity but the proceeds and benefit of the policy has not been paid to him because of his death, his nominee(s) shall be entitled to the proceeds and benefit of the policy.

17. The provisions of Section 39 are not applicable to any life insurance policy to which Section 6 of Married Women's Property Act, 1874 applies or has at any time applied except where before or after Insurance Laws (Amendment) Act 2015, a nomination is made in favour of spouse or children or spouse and 30 of 40and children whether or not on the face of the policy it is mentioned that it is made under Section 39.

Where nomination is intended to be made to spouse or children or spouse and children under Section 6 of MWP Act, it should be specifically mentioned on the policy. In such a case only, the provisions of

Section 39 will not apply. [Disclaimer: This is only a simplified version prepared for general information. You are advised to refer to the Insurance Act 1938 as amended from time to time for complete and accurate details.] 31 of 40Annexure 3

Section 38 - Assignment and Transfer of Insurance Policies Assignment or transfer of a policy should be in accordance with Section 38 of the Insurance Act, 1938 as amended from time to time . The extant provisions in this regard are as follows:

1. This policy may be transferred/assigned, wholly or in part, with or without consideration.

2. An Assignment may be effected in a policy by an endorsement upon the policy itself or by a separate instrument under notice to the Insurer.

3. The instrument of assignment should indicate the fact of transfer or assignment and the reasons for the assignment or transfer, antecedents of the assignee and terms on which assignment is made.

4. The assignment must be signed by the transferor or assignor or duly authorized agent and attested by at least one witness.

5. The transfer or assignment shall not be operative as against an insurer until a notice in writing of the transfer or assignment and either the said endorsement or instrument itself or copy there of certified to be correct by both transferor and transferee or their duly authorised agents have been delivered to the insurer

6. Fee to be paid for assignment or transfer can be specified by the Authority through Regulations.

7. On receipt of notice with fee, the insurer should Grant a written acknowledgement of receipt of notice.

Such notice shall be conclusive evidence against the insurer of duly receiving the notice.

8. If the insurer maintains one or more places of business, such notices shall be delivered only at the place where the policy is being serviced.

9. The insurer may accept or decline to act upon any transfer or assignment or endorsement, if it has sufficient reasons to believe that it is a. not bonafide; b. not in the interest of the policyholder;

c. not in public interest or d. is for the purpose of trading of the insurance policy.

10. Before refusing to act upon endorsement, the insurer should record the reasons in writing and communicate the same in writing to policyholder within 30 days from the date of policyholder giving a notice of transfer or assignment.

11. In case of refusal to act upon the endorsement by the insurer, any person aggrieved by the refusal may prefer a claim to IRDAI within 30 days of receipt of the refusal letter from the insurer.

12. The priority of claims of persons interested in an insurance policy would depend on the date on which the notices of assignment or transfer is delivered to the insurer; where there are more than one instruments of transfer or assignment, the priority will depend on dates of delivery of such notices. Any dispute in this regard as to priority should be referred to the Authority.

13. Every assignment or transfer shall be deemed to be absolute assignment or transfer and the assignee or transferee shall be deemed to be absolute assignee or transferee, except a. where assignment or transfer is subject to terms and conditions of transfer or assignment OR b. where the transfer or assignment is made upon condition that i. the proceeds under the policy shall become payable to policyholder or nominee(s) in the event of assignee or transferee dying before the insured; or ii. the insured surviving the term of the policy.

Such conditional assignee will not be entitled to obtain a loan on policy or surrender the policy. This provision will prevail notwithstanding any law or custom having force of law which is contrary to the above position.

14. In other cases, the insurer shall, subject to terms and conditions of assignment, recognize the transferee or assignee named in the notice as the absolute transferee or assignee and such person a. shall be subject to all liabilities and equities to which the transferor or assignor was subject to at the date of transfer or assignment;

b. may institute any proceedings in relation to the policy; and c. obtain loan under the policy or surrender the policy without obtaining the consent of the transferor or assignor or making him a party to the proceedings.

32 of 4015. Any rights and remedies of an assignee or transferee of a life insurance policy under an assignment or transfer effected before commencement of the Insurance Laws (Amendment) Act, 2015 shall not be affected by this section.

[Disclaimer: This is only a simplified version prepared for general information. You are advised to refer to the Insurance Act 1938 as amended from time to time for complete and accurate details.] 33 of 40Annexure - Coverage Details Client Employee Name Employee ID Date of Birth Individual Sum Individual Sum Insured No. Assured on Death Assured on Death Base Plan - Applied Base Plan - In force for (Rs.) (Rs.) 28451276 .. XYZ 123.A 24-May-1966 4,24,73,023 4,24,73,023 92718969 .. XYZ 142.A 14-Jul-1972 4,24,73,023 4,24,73,023 90417976 .. XYZ 540.A 30-Jun-1965 4,05,00,000 4,05,00,000 B6102052 .. XYZ 530.A 12-Oct-1966 3,60,00,000 3,60,00,000 94648553 .. XYZ 536.A 21-Jan-1968 3,60,00,000 3,60,00,000 95242203 .. XYZ 537.A 02-Feb-1964 3,60,00,000 3,60,00,000 94649125 .. XYZ 538.A 27-Oct-1964 3,60,00,000 3,60,00,000 34264663 .. XYZ 539.A 15-Oct-1967 3,60,00,000 3,60,00,000 B6102053 .. XYZ 130.A 21-May-1968 3,52,58,278 3,52,58,278 28451276 .. XYZ 227.A 24-May-1966 3,52,58,278 3,52,58,278 90610748 .. XYZ 116.A 15-Aug-1971 3,52,58,278 3,52,58,278 34453690 .. XYZ 129.A 14-Aug-1970 3,52,58,278 3,52,58,278 90417694 .. XYZ 137.A 05-Jul-1970 3,52,58,278 3,52,58,278 94649613 .. XYZ 143.A 14-Jan-1971 3,52,58,278 3,52,58,278 90418996 .. XYZ 150.A 20-Aug-1973 3,52,58,278 3,52,58,278 91864416 .. XYZ 170.A 25-Apr-1970 3,52,58,278 3,52,58,278 93179212 .. XYZ 172.A 03-Jan-1966 3,52,58,278 3,52,58,278 17307078 .. XYZ 223.A 04-Mar-1967 3,52,58,278 3,52,58,278 89964101 .. XYZ 248.A 02-Jul-1971 3,52,58,278 3,52,58,278 34530760 .. XYZ 135.A 30-Oct-1978 2,24,29,594 2,24,29,594 90418467 .. XYZ 269.A 25-Dec-1969 2,24,29,594 2,24,29,594 95553903 .. XYZ 107.A 14-Aug-1971 2,24,29,594 2,24,29,594 90002771 .. XYZ 117.A 20-Jul-1974 2,24,29,594 2,24,29,594 90418703 .. XYZ 120.A 15-Apr-1976 2,24,29,594 2,24,29,594 91975654 .. XYZ 126.A 10-Nov-1970 2,24,29,594 2,24,29,594 89948172 .. XYZ 132.A 31-Oct-1972 2,24,29,594 2,24,29,594 92718926 .. XYZ 133.A 24-Aug-1971 2,24,29,594 2,24,29,594 92592495 .. XYZ 139.A 09-Aug-1978 2,24,29,594 2,24,29,594 94633578 .. XYZ 144.A 31-Oct-1974 2,24,29,594 2,24,29,594 B6102054 .. XYZ 149.A 11-Jul-1976 2,24,29,594 2,24,29,594 90610771 .. XYZ 151.A 02-May-1974 2,24,29,594 2,24,29,594 92493740 .. XYZ 165.A 31-May-1974 2,24,29,594 2,24,29,594 94648595 .. XYZ 171.A 16-Apr-1969 2,24,29,594 2,24,29,594 96749693 .. XYZ 173.A 22-Mar-1968 2,24,29,594 2,24,29,594 88395560 .. XYZ 254.A 10-Jun-1972 2,24,29,594 2,24,29,594 88396166 .. XYZ 255.A 10-Nov-1972 2,24,29,594 2,24,29,594 95242212 .. XYZ 256.A 15-Apr-1971 2,24,29,594 2,24,29,594 34 of 40Annexure - Coverage Details 88396159 .. XYZ 257.A 15-Aug-1968 2,24,29,594 2,24,29,594 91975650 .. XYZ 258.A 15-Jul-1973 2,24,29,594 2,24,29,594 88293951 .. XYZ 259.A 05-Aug-1977 2,24,29,594 2,24,29,594 96962671 .. XYZ 354.A 20-Jun-1971 2,24,29,594 2,24,29,594 96359829 .. XYZ 119.A 21-Aug-1976 1,98,41,268 1,98,41,268 92480881 .. XYZ 155.A 13-Dec-1976 1,98,41,268 1,98,41,268 87521426 .. XYZ 162.A 10-Jan-1977 1,98,41,268 1,98,41,268 89945112 .. XYZ 215.A 04-Jul-1977 1,98,41,268 1,98,41,268 88585055 .. XYZ 234.A 14-Jul-1982 1,98,41,268 1,98,41,268 90127633 .. XYZ 121.A 04-Feb-1974 1,98,41,268 1,98,41,268 88585404 .. XYZ 134.A 25-Jun-1973 1,98,41,268 1,98,41,268 92719215 .. XYZ 140.A 30-Aug-1978 1,98,41,268 1,98,41,268 89929850 .. XYZ 167.A 20-Aug-1976 1,98,41,268 1,98,41,268 88293951 .. XYZ 168.A 05-Aug-1977 1,98,41,268 1,98,41,268 94651231 .. XYZ 169.A 11-Dec-1972 1,98,41,268 1,98,41,268 90418777 .. XYZ 175.A 05-Jun-1977 1,98,41,268 1,98,41,268 88394919 .. XYZ 176.A 12-Jun-1975 1,98,41,268 1,98,41,268 34532164 .. XYZ 177.A 07-Dec-1971 1,98,41,268 1,98,41,268 90417729 .. XYZ 178.A 26-Jun-1970 1,98,41,268 1,98,41,268 88396121 .. XYZ 179.A 24-Jul-1974 1,98,41,268 1,98,41,268 87521849 .. XYZ 180.A 01-Jul-1977 1,98,41,268 1,98,41,268 B6102055 .. XYZ 182.A 16-Feb-1968 1,98,41,268 1,98,41,268 44289859 .. XYZ 183.A 23-Feb-1977 1,98,41,268 1,98,41,268 93803022 .. XYZ 184.A 14-May-1971 1,98,41,268 1,98,41,268 92592565 .. XYZ 203.A 21-Aug-1972 1,98,41,268 1,98,41,268 90418031 .. XYZ 206.A 12-May-1972 1,98,41,268 1,98,41,268 92723963 .. XYZ 207.A 14-Jul-1973 1,98,41,268 1,98,41,268 92493797 .. XYZ 208.A 22-Apr-1974 1,98,41,268 1,98,41,268 88294120 .. XYZ 212.A 30-Jun-1972 1,98,41,268 1,98,41,268 88293961 .. XYZ 216.A 01-Jul-1981 1,98,41,268 1,98,41,268 88294775 .. XYZ 218.A 01-Jun-1974 1,98,41,268 1,98,41,268 87522005 .. XYZ 219.A 20-Jul-1971 1,98,41,268 1,98,41,268 88586040 .. XYZ 220.A 31-Jul-1978 1,98,41,268 1,98,41,268 34374475 .. XYZ 228.A 31-Mar-1975 1,98,41,268 1,98,41,268 87522027 .. XYZ 231.A 01-Apr-1975 1,98,41,268 1,98,41,268 91975702 .. XYZ 235.A 05-Dec-1978 1,98,41,268 1,98,41,268 95832035 .. XYZ 236.A 25-May-1979 1,98,41,268 1,98,41,268 93179185 .. XYZ 238.A 12-Aug-1978 1,98,41,268 1,98,41,268 92592495 .. XYZ 240.A 09-Aug-1978 1,98,41,268 1,98,41,268 87519009 .. XYZ 241.A 28-Jul-1985 1,98,41,268 1,98,41,268 88395141 .. XYZ 243.A 23-Nov-1981 1,98,41,268 1,98,41,268 35 of 40Annexure - Coverage Details 87520401 .. XYZ 244.A 07-Dec-1985 1,98,41,268 1,98,41,268 88395632 .. XYZ 247.A 20-Jul-1979 1,98,41,268 1,98,41,268 92630492 .. XYZ 249.A 29-Oct-1986 1,98,41,268 1,98,41,268 88585811 .. XYZ 250.A 05-Mar-1987 1,98,41,268 1,98,41,268 87522009 .. XYZ 252.A 04-Aug-1976 1,98,41,268 1,98,41,268 88584984 .. XYZ 270.A 15-Jan-1975 1,98,41,268 1,98,41,268 89957835 .. XYZ 271.A 16-Feb-1972 1,98,41,268 1,98,41,268 96200765 .. XYZ 273.A 15-Nov-1974 1,98,41,268 1,98,41,268 91674682 .. XYZ 358.A 11-May-1971 1,98,41,268 1,98,41,268 88584830 .. XYZ 147.A 02-Jun-1967 1,42,59,751 1,42,59,751 89964040 .. XYZ 152.A 16-Jan-1977 1,42,59,751 1,42,59,751 29296108 .. XYZ 153.A 17-Apr-1977 1,42,59,751 1,42,59,751 88584867 .. XYZ 154.A 28-Aug-1979 1,42,59,751 1,42,59,751 88585215 .. XYZ 156.A 10-May-1977 1,42,59,751 1,42,59,751 92749354 .. XYZ 157.A 12-Dec-1973 1,42,59,751 1,42,59,751 89546454 .. XYZ 158.A 21-Jan-1980 1,42,59,751 1,42,59,751 92770372 .. XYZ 159.A 30-May-1981 1,42,59,751 1,42,59,751 94648884 .. XYZ 160.A 10-Mar-1983 1,42,59,751 1,42,59,751 92718929 .. XYZ 161.A 31-Jul-1970 1,42,59,751 1,42,59,751 00729194 .. XYZ 221.A 05-Aug-1978 1,42,59,751 1,42,59,751 90000903 .. XYZ 239.A 01-Apr-1968 1,42,59,751 1,42,59,751 87518220 .. XYZ 245.A 30-Aug-1980 1,42,59,751 1,42,59,751 87519640 .. XYZ 246.A 23-Mar-1981 1,42,59,751 1,42,59,751 37143582 .. XYZ 263.A 25-Apr-1967 1,42,59,751 1,42,59,751 87518145 .. XYZ 264.A 26-Dec-1976 1,42,59,751 1,42,59,751 89963043 .. XYZ 276.A 10-Apr-1983 1,42,59,751 1,42,59,751 92592500 .. XYZ 324.A 08-Dec-1975 1,42,59,751 1,42,59,751 87518317 .. XYZ 355.A 27-Jul-1987 1,42,59,751 1,42,59,751 88395877 .. XYZ 357.A 12-Dec-1983 1,42,59,751 1,42,59,751 88395637 .. XYZ 352.A 19-May-1984 1,42,59,751 1,42,59,751 96006577 .. XYZ 109.A 23-Jun-1973 1,06,00,813 1,06,00,813 88395132 .. XYZ 185.A 03-Mar-1986 1,06,00,813 1,06,00,813 89963059 .. XYZ 186.A 20-Oct-1986 1,06,00,813 1,06,00,813 94649862 .. XYZ 187.A 19-Nov-1977 1,06,00,813 1,06,00,813 87519382 .. XYZ 188.A 05-May-1978 1,06,00,813 1,06,00,813 88480320 .. XYZ 189.A 25-Jun-1980 1,06,00,813 1,06,00,813 89351783 .. XYZ 191.A 14-Mar-1979 1,06,00,813 1,06,00,813 89945143 .. XYZ 192.A 24-Dec-1979 1,06,00,813 1,06,00,813 88294752 .. XYZ 193.A 07-Dec-1977 1,06,00,813 1,06,00,813 88396132 .. XYZ 194.A 09-Sep-1982 1,06,00,813 1,06,00,813 92681046 .. XYZ 195.A 24-Apr-1980 1,06,00,813 1,06,00,813 36 of 40Annexure - Coverage Details 88294193 .. XYZ 196.A 30-Jul-1981 1,06,00,813 1,06,00,813 87518129 .. XYZ 197.A 23-May-1984 1,06,00,813 1,06,00,813 88394948 .. XYZ 198.A 28-Jul-1976 1,06,00,813 1,06,00,813 88293951 .. XYZ 199.A 05-Aug-1977 1,06,00,813 1,06,00,813 88294290 .. XYZ 200.A 05-Jul-1979 1,06,00,813 1,06,00,813 90418619 .. XYZ 202.A 31-Jul-1981 1,06,00,813 1,06,00,813 88395728 .. XYZ 204.A 19-Jul-1981 1,06,00,813 1,06,00,813 43793178 .. XYZ 205.A 23-Oct-1980 1,06,00,813 1,06,00,813 88584843 .. XYZ 209.A 02-Jul-1982 1,06,00,813 1,06,00,813 88395234 .. XYZ 210.A 02-Dec-1980 1,06,00,813 1,06,00,813 B6102056 .. XYZ 211.A 15-Aug-1976 1,06,00,813 1,06,00,813 94649546 .. XYZ 265.A 05-Feb-1970 1,06,00,813 1,06,00,813 87520687 .. XYZ 282.A 15-Mar-1985 1,06,00,813 1,06,00,813 87520675 .. XYZ 289.A 28-Feb-1991 1,06,00,813 1,06,00,813 89536462 .. XYZ 291.A 26-Nov-1987 1,06,00,813 1,06,00,813 88294306 .. XYZ 292.A 28-Sep-1990 1,06,00,813 1,06,00,813 90418986 .. XYZ 296.A 16-Jul-1989 1,06,00,813 1,06,00,813 91671893 .. XYZ 300.A 26-Oct-1985 1,06,00,813 1,06,00,813 88585514 .. XYZ 302.A 25-Jul-1991 1,06,00,813 1,06,00,813 92723975 .. XYZ 303.A 07-Jul-1981 1,06,00,813 1,06,00,813 88294614 .. XYZ 305.A 25-Apr-1993 1,06,00,813 1,06,00,813 89207009 .. XYZ 308.A 24-Aug-1992 1,06,00,813 1,06,00,813 87518783 .. XYZ 309.A 25-Jun-1990 1,06,00,813 1,06,00,813 92521249 .. XYZ 310.A 21-Nov-1981 1,06,00,813 1,06,00,813 88294831 .. XYZ 313.A 16-Nov-1991 1,06,00,813 1,06,00,813 87519315 .. XYZ 315.A 30-May-1989 1,06,00,813 1,06,00,813 87519732 .. XYZ 316.A 02-Oct-1990 1,06,00,813 1,06,00,813 87521286 .. XYZ 317.A 04-Jul-1989 1,06,00,813 1,06,00,813 88585577 .. XYZ 318.A 17-Jul-1993 1,06,00,813 1,06,00,813 87520788 .. XYZ 325.A 05-Oct-1995 1,06,00,813 1,06,00,813 89535883 .. XYZ 326.A 04-May-1992 1,06,00,813 1,06,00,813 88395472 .. XYZ 327.A 10-Jul-1989 1,06,00,813 1,06,00,813 87519336 .. XYZ 331.A 01-May-1992 1,06,00,813 1,06,00,813 87520335 .. XYZ 332.A 07-Sep-1989 1,06,00,813 1,06,00,813 89929781 .. XYZ 333.A 22-Oct-1992 1,06,00,813 1,06,00,813 92746865 .. XYZ 334.A 07-Dec-1990 1,06,00,813 1,06,00,813 87521658 .. XYZ 335.A 01-Mar-1993 1,06,00,813 1,06,00,813 87518202 .. XYZ 336.A 01-Jul-1989 1,06,00,813 1,06,00,813 88585970 .. XYZ 338.A 26-Oct-1992 1,06,00,813 1,06,00,813 87520528 .. XYZ 339.A 24-Jun-1990 1,06,00,813 1,06,00,813 89962817 .. XYZ 340.A 04-Oct-1992 1,06,00,813 1,06,00,813 37 of 40Annexure - Coverage Details 90961938 .. XYZ 341.A 20-Mar-1992 1,06,00,813 1,06,00,813 92114301 .. XYZ 342.A 30-Oct-1991 1,06,00,813 1,06,00,813 88586134 .. XYZ 343.A 29-Jan-1986 1,06,00,813 1,06,00,813 87518716 .. XYZ 344.A 01-Jun-1995 1,06,00,813 1,06,00,813 88294713 .. XYZ 345.A 04-Sep-1989 1,06,00,813 1,06,00,813 87520093 .. XYZ 347.A 10-Nov-1990 1,06,00,813 1,06,00,813 89546466 .. XYZ 348.A 01-May-1989 1,06,00,813 1,06,00,813 87521278 .. XYZ 349.A 22-May-1989 1,06,00,813 1,06,00,813 87518415 .. XYZ 360.A 14-Feb-1993 1,06,00,813 1,06,00,813 88395933 .. XYZ 350.A 12-Aug-1989 1,06,00,813 1,06,00,813 89351573 .. XYZ 351.A 24-Jun-1988 1,06,00,813 1,06,00,813 92462199 .. XYZ 278.A 20-Apr-1992 86,82,114 86,82,114 87519582 .. XYZ 280.A 16-Sep-1992 86,82,114 86,82,114 89212810 .. XYZ 281.A 12-Jan-1993 86,82,114 86,82,114 87518709 .. XYZ 285.A 01-Apr-1992 86,82,114 86,82,114 87521877 .. XYZ 288.A 03-Oct-1989 86,82,114 86,82,114 88294544 .. XYZ 290.A 19-Sep-1992 86,82,114 86,82,114 88294936 .. XYZ 294.A 06-Sep-1989 86,82,114 86,82,114 87520016 .. XYZ 295.A 15-Mar-1992 86,82,114 86,82,114 89953645 .. XYZ 298.A 13-Apr-1994 86,82,114 86,82,114 87519242 .. XYZ 299.A 05-Jul-1987 86,82,114 86,82,114 92746578 .. XYZ 320.A 27-Jan-1979 86,82,114 86,82,114 87520812 .. XYZ 321.A 24-Jan-1992 86,82,114 86,82,114 88585796 .. XYZ 361.A 22-Nov-1994 86,82,114 86,82,114 89977615 .. XYZ 362.A 02-May-1995 86,82,114 86,82,114 88480460 .. XYZ 363.A 10-Jan-1996 86,82,114 86,82,114 88294637 .. XYZ 364.A 29-Dec-1994 86,82,114 86,82,114 92763705 .. XYZ 365.A 11-Jun-2000 86,82,114 86,82,114 34453729 .. XYZ 366.A 16-Oct-2000 86,82,114 86,82,114 89082994 .. XYZ 367.A 24-Jun-2000 86,82,114 86,82,114 87521292 .. XYZ 368.A 28-Dec-1994 86,82,114 86,82,114 B3840672 .. XYZ 369.A 08-Sep-1993 86,82,114 86,82,114 87519068 .. XYZ 370.A 01-Mar-1995 86,82,114 86,82,114 89083017 .. XYZ 371.A 08-Jun-1998 86,82,114 86,82,114 87519541 .. XYZ 372.A 15-Aug-1994 86,82,114 86,82,114 89948133 .. XYZ 374.A 28-Oct-1997 86,82,114 86,82,114 88395207 .. XYZ 375.A 28-May-1996 86,82,114 86,82,114 87521619 .. XYZ 376.A 10-Oct-1996 86,82,114 86,82,114 89953632 .. XYZ 377.A 22-Mar-1994 86,82,114 86,82,114 87520887 .. XYZ 378.A 29-May-1995 86,82,114 86,82,114 87520729 .. XYZ 380.A 04-Jan-1996 86,82,114 86,82,114 38 of 40Annexure - Coverage Details 87519287 .. XYZ 382.A 09-Jun-1991 86,82,114 86,82,114 87518224 .. XYZ 383.A 15-Oct-1995 86,82,114 86,82,114 88294692 .. XYZ 384.A 22-Apr-1993 86,82,114 86,82,114 89536069 .. XYZ 385.A 26-Feb-1995 86,82,114 86,82,114 87520237 .. XYZ 386.A 26-Jul-1994 86,82,114 86,82,114 87520896 .. XYZ 387.A 09-Sep-1997 86,82,114 86,82,114 96006590 .. XYZ 389.A 16-Mar-1994 86,82,114 86,82,114 90577328 .. XYZ 390.A 18-May-2001 86,82,114 86,82,114 88395096 .. XYZ 391.A 28-Oct-1992 86,82,114 86,82,114 87518321 .. XYZ 392.A 15-Aug-1991 86,82,114 86,82,114 89083127 .. XYZ 393.A 12-Apr-2000 86,82,114 86,82,114 88395282 .. XYZ 394.A 16-Apr-1994 86,82,114 86,82,114 89535875 .. XYZ 396.A 02-Jan-1997 86,82,114 86,82,114 89929775 .. XYZ 397.A 18-Nov-1998 86,82,114 86,82,114 87518790 .. XYZ 398.A 09-Jun-1993 86,82,114 86,82,114 87518248 .. XYZ 399.A 11-Mar-1995 86,82,114 86,82,114 87519372 .. XYZ 400.A 20-May-1994 86,82,114 86,82,114 88587802 .. XYZ 402.A 02-Feb-1995 86,82,114 86,82,114 87521310 .. XYZ 403.A 01-Apr-1997 86,82,114 86,82,114 92620984 .. XYZ 404.A 04-Dec-1995 86,82,114 86,82,114 89953621 .. XYZ 405.A 22-Jul-2001 86,82,114 86,82,114 91237397 .. XYZ 406.A 24-Jun-1997 86,82,114 86,82,114 87518564 .. XYZ 407.A 18-Mar-1995 86,82,114 86,82,114 88294769 .. XYZ 408.A 01-Feb-1998 86,82,114 86,82,114 87520765 .. XYZ 409.A 28-Oct-1996 86,82,114 86,82,114 89083151 .. XYZ 410.A 10-Jan-1997 86,82,114 86,82,114 89536097 .. XYZ 411.A 27-Feb-1996 86,82,114 86,82,114 89983419 .. XYZ 412.A 02-Nov-2000 86,82,114 86,82,114 89536203 .. XYZ 413.A 27-Jan-1998 86,82,114 86,82,114 89082838 .. XYZ 415.A 16-May-1998 86,82,114 86,82,114 89948149 .. XYZ 416.A 23-Oct-1999 86,82,114 86,82,114 93272828 .. XYZ 417.A 09-Oct-2001 86,82,114 86,82,114 89083142 .. XYZ 418.A 18-Apr-1994 86,82,114 86,82,114 89938129 .. XYZ 419.A 14-Jan-1997 86,82,114 86,82,114 89083072 .. XYZ 420.A 02-Nov-1999 86,82,114 86,82,114 88294343 .. XYZ 421.A 12-Aug-1996 86,82,114 86,82,114 89352107 .. XYZ 422.A 13-Jun-1994 86,82,114 86,82,114 88791406 .. XYZ 423.A 18-Oct-1997 86,82,114 86,82,114 91237391 .. XYZ 424.A 22-Aug-1996 86,82,114 86,82,114 89926228 .. XYZ 425.A 26-Apr-1997 86,82,114 86,82,114 90419059 .. XYZ 426.A 27-May-2000 86,82,114 86,82,114 39 of 40Annexure - Coverage Details 89082662 .. XYZ 427.A 05-Feb-1999 86,82,114 86,82,114 89978647 .. XYZ 428.A 02-Dec-1999 86,82,114 86,82,114 89083059 .. XYZ 429.A 13-May-1998 86,82,114 86,82,114 89535823 .. XYZ 430.A 03-Aug-1997 86,82,114 86,82,114 87520456 .. XYZ 431.A 19-Feb-1995 86,82,114 86,82,114 28957988 .. XYZ 432.A 19-Sep-2000 86,82,114 86,82,114 88395489 .. XYZ 433.A 12-Dec-1997 86,82,114 86,82,114 89082802 .. XYZ 434.A 10-Oct-2001 86,82,114 86,82,114 91076651 .. XYZ 435.A 09-Aug-1999 86,82,114 86,82,114 00729174 .. XYZ 436.A 17-Nov-1999 86,82,114 86,82,114 89536031 .. XYZ 437.A 14-May-2000 86,82,114 86,82,114 89082879 .. XYZ 438.A 29-Oct-1998 86,82,114 86,82,114 87520764 .. XYZ 439.A 05-Dec-1995 86,82,114 86,82,114 87520969 .. XYZ 440.A 16-Jun-1998 86,82,114 86,82,114 87519875 .. XYZ 441.A 25-Jan-1994 86,82,114 86,82,114 89083131 .. XYZ 442.A 30-Apr-2001 86,82,114 86,82,114 87520542 .. XYZ 443.A 27-Jul-1999 86,82,114 86,82,114 87520257 .. XYZ 444.A 16-Jun-1997 86,82,114 86,82,114 93272840 .. XYZ 445.A 30-Oct-1999 86,82,114 86,82,114 89983326 .. XYZ 446.A 16-Nov-2000 86,82,114 86,82,114 88294819 .. XYZ 447.A 11-Mar-1992 86,82,114 86,82,114 89082800 .. XYZ 448.A 10-Aug-1999 86,82,114 86,82,114 92592867 .. XYZ 449.A 04-Apr-1998 86,82,114 86,82,114 88395437 .. XYZ 450.A 19-Jan-1992 86,82,114 86,82,114 87518320 .. XYZ 451.A 05-May-1994 86,82,114 86,82,114 88395799 .. XYZ 201.A 01-Aug-1982 86,82,114 86,82,114 A9996140 .. XYZ.. 272.A 15-Jun-1981 1,98,41,268 1,98,41,268 A9995672 .. XYZ.. 353.A 15-Jun-1980 1,42,59,751 1,42,59,751 A9998524 .. XYZ.. 217.A 13-Aug-1984 1,06,00,813 1,06,00,813 A5709155 .. XYZ.. 330.A 06-Jul-1992 1,06,00,813 1,06,00,813 A5709134 .. XYZ.. 283.A 06-Oct-1989 86,82,114 86,82,114 A9996449 .. XYZ.. 373.A 19-Jul-1995 86,82,114 86,82,114 A5709170 .. XYZ.. 414.A 08-May-1996 86,82,114 86,82,114 40 of 40