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Completely filled Proposal form (for those purchasing offline).

Q: How is the Policy different from a usual bank savings product?
A: Over and on top of your savings account, the policy offers you cover against death due to natural causes, accident or COVID-19.

Q: Can I pay cash to my Agent?

A: Agents are independent contractors of Leadway and are not allowed to collect cash from policyholders. Any cash paid to them is at the risk of the Policy Holder. Leadway takes no responsibility if cash is paid to an agent and the agent does not deliver the payment to Leadway.

Q: Can I take money out on the policy?

A: You may totally surrender the policy at any time, but surrenders would result in a total loss of interest that has accrued on the policy. Upon surrender, the policy terminates and there is no refund of premiums paid in respect of the Life Cover.

Q: What happens if I have existing medical conditions at the time of application?

A: Any illness or medical condition that has been diagnosed to exist prior to the application of the Policy must be declared on the application form. Coverage of disclosed pre-existing conditions at the time of application will be determined on a case-by-case basis. Where any known pre-existing condition is not disclosed, any claim from such a condition will not be covered under this policy.

Q: In what circumstances can my premium change during the policy term?

A: Premium for the Life Cover may change in events such as change in sum assured and age. Further, Leadway reserves the right to adjust your premium at policy renewal, based on actuarial advice.