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    Payout Request Form

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    SATHISHLATEST2005
    This document contains a payout request form for a Bharti AXA life insurance policy. The form requests policy details and contact information. It outlines options to cancel a policy prior to issuance or during the freelook period. It also includes sections for partial withdrawals, full surrenders, preferred payout options including bank account details, declarations, and signatures required.

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    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    Payout Request Form

    Uploaded by

    SATHISHLATEST2005
    10K views2 pages
    This document contains a payout request form for a Bharti AXA life insurance policy. The form requests policy details and contact information. It outlines options to cancel a policy prior to issuance or during the freelook period. It also includes sections for partial withdrawals, full surrenders, preferred payout options including bank account details, declarations, and signatures required.

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    This document contains a payout request form for a Bharti AXA life insurance policy. The form requests policy details and contact information. It outlines options to cancel a policy prior to issuance or during the freelook period. It also includes sections for partial withdrawals, full surrenders, preferred payout options including bank account details, declarations, and signatures required.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    10K views2 pages

    Payout Request Form

    Uploaded by

    SATHISHLATEST2005
    This document contains a payout request form for a Bharti AXA life insurance policy. The form requests policy details and contact information. It outlines options to cancel a policy prior to issuance or during the freelook period. It also includes sections for partial withdrawals, full surrenders, preferred payout options including bank account details, declarations, and signatures required.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    of 2

    1800-102-4444 www.bharti-axalife.

    com

    SMS SERVICE to 56677


    We will be in touch within 24 hours to address your query

    Payout Request Form


    Please read all instructions before signing the form Kindly fill all details in BLOCK LETTERS only For unit linked products, if the request is received and accepted at the Companys office before 3 p.m., unit price declared on the same date will be applicable, and if the request is submitted and accepted at the Companys office after 3 p.m., the next working days Unit price declared will be applicable If the policy has been assigned, the request would be accepted on receipt of letter from the Assignee of the policy All communication will be sent to the address recorded with us Please do collect the acknowledgement number as this will be your reference for all future communication on this request The application for any withdrawal needs to be submitted along with requisite documents as mentioned in the form

    Policy Details
    Kindly fill in BLOCK LETTERS only Policy Number: Name of Policyholder:
    First Name Middle Name Last Name

    Policyholder Contact Details


    Landline No. (Residence): Landline No. (Office): 0 0
    STD Phone

    *Mobile No.:
    (Mandatory)

    Email ID:

    Pre-Issuance Cancellation
    Proposal Application Number Reason for Pre-issuance cancellation

    Freelook
    Freelook Option executed for: Reason for Freelook cancellation: Documents Submitted Change in policy feature: Welcome Kit* Change in Policy Feature / Product
    (Incase of product Change fresh proposal form is required to be submitted)

    Policy cancellation & Refund

    Partial Withdrawal
    Rs. or Maximum eligibility Percentage/Amount

    Name of fund(s) to be withdrawn

    Note: Request will be processed if withdrawal requested is greater than or equal to minimum amount mentioned in the policy document. Partial withdrawal not allowed in case of pension products. If the fund names are not mentioned above, the partial withdrawal amount will be deducted in the current fund ratio.

    Surrender
    Documents Submitted: Reason for Full surrender:
    Note: Amount payable on Surrender of the units is as per the terms & conditions. The Surrender of the units results in termination of the contract and all the rights / title and interest under the policy shall stand extinguished. If the Policy is surrendered before the completion of the lock in period then the surrender value, calculated as at the date the request of such surrender by the Policyholder, shall be frozen and become payable after the completion of the lock in period. For lock in period details please refer your policy bond.

    Welcome Kit*

    *Mandatory

    Payout Options (Mandatory)


    Mode selected would be used by the company to make payout(s) to the Policyholder. Payout would be in accordance and subject to the terms and conditions of the policy. Full Name of the Policyholder:
    First Name Middle Name Last Name

    Payment Mode: MICR Code*: Bank Name:

    NEFT IFSC Code*:

    Bank Account Number: Account Type: Bank Address: Saving Account Current Account

    City

    State

    Pin Code

    *9 digit MICR Code of the bank and branch appearing on the cheque issued by the bank. Submit a blank cancelled cheque along with the form.

    Vernacular Declaration
    DECLARATION* IN CASE THIS PAYOUT FORM IS FILLED BY A PERSON OTHER THAN THE POLICYHOLDER OR SIGNED IN VERNACULAR LANGUAGE: Declaration by Policyholder: I hereby declare that the contents in the form have been fully explained to me and I declare that whatever is stated hereinabove has been recorded as per the information provided by me. Thumb Impression/Signature of the Policyholder Declaration by person filling the form: I have explained the contents of this form to the Policyholder in language and I have correctly recorded the answer provided to me. I further declare that the Policyholder has signed/affixed his/her thumb impression in my presence.

    Declarants Name:
    First Name Middle Name Last Name

    Declarants Address:
    City State Pin Code

    Date of Birth: Declarants Signature:

    D D M M Y Y Y Y

    Date:

    D D M M Y Y Y Y

    Place:

    *"The person giving this declaration can be any person other than Introducing Advisor or MOA or MOM".

    Declaration
    I hereby take the sole responsibility for the correctness of my Bank Account number and other details of this form. I undertake that I will not hold the company responsible in any manner for any transactions affected by the company due to incorrect Bank Account number or these details stated by me. I understand and agree that the company reser ves the right to use any alternative payout option including a demand draft payable at par or cheque, in spite of my opting for the electronic payout method.
    Please affix Rs.1 Revenue Stamp & Sign across the stamp Please affix Rs.1 Revenue Stamp & Sign across the stamp

    Signature of Proposer Date:

    Signature of Assignee (Required in case of Absolute Assignment of policy)

    D D

    M M

    Y Y Y

    Place:

    Bharti AXA Life Insurance Company Ltd. Regd. Office: Unit 601 & 602, 6th Floor, Raheja Titanium, Off Western Express Highway, Goregaon (E), Mumbai 400 063. Regn. No.: 130. Comp-xxxxx-xxxx-xxx 1800-102-4444 SMS SERVICE to 56677 We will be in touch within 24 hours to address your query www.bharti-axalife.com

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