Specimen Only : Not Valid for Application

41.(1) No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer Provided that acceptance by an insurance agent of commission in connection with a policy of life insurance taken out by himself on his own life shall not be deemed to be acceptance of a rebate of premium within the meaning of this sub-section if at the time of such acceptance the insurance agent satisfies the prescribed conditions establishing that he is a bona fide insurance agent employed by the insurer.

(2) Any person making default in complying with the provisions of this section shall be liable for a penalty which may extend to ten lakh rupees.

41¼1½ ,e;jpahtpy; capu;fs; my;yJ nrhj;Jf;fs; rk;ge;jkhd ,lu;ghL tpisAk; njhlu;ghf xU egiu Gjpa ghyprp vLf;f my;yJ ghyprpia GJgpf;fmy;yJ ghyprpia njhlu NeubahfNth my;yJ kiwKfkhfNth J}z;l ve;j xU egUk; mDkjpaspf;ff;$lhJ. mNj Nghy; fhg;gPL mspg;gtupd; ntspaplg;gl;Ls;s jpl;l tpsf;f mwptpg;G my;yJ ml;ltidfSf;F Vw;g mDkjpf;fg;gLk; js;Sgbia jtpu> nrYj;j Ntz;ba juF njhifapy; nkhj;j my;yJ gFjp js;Sgb my;yJ ghyprpapy; fhz;gpf;fg;gl;Ls;s gpuPkpaj;jpy; VNjDk; js;Sgb> Gjpa ghyprp vLf;f my;yJ ghyprpia GJgpf;f my;yJ ghyprpia njhlu ve;j xU egUk; js;Sgbia Vw;ff;$lhJ.jufpd; fhg;gPl;L Kftu; %yk; Vw;gJ njhlu;ghf> Vw;gpd; NghJ fhg;gPL Kftu;> fhg;gPL mspg;gtuhy; gzpaku;j;jg;gl;l ey;nyz;zj;Jldhd fhg;gPl;L Kftu; mtu; vd;w gupe;Jiuf;fg;gl;l epge;jidfis G+u;j;jp nra;jhy;> jd; tho;f;iff;F jd;dhNyNa vLf;fg;gLk; MAs; fhg;gPL ghyprp> ,e;j cl;gpupTf;fhd mu;j;jj;Jf;F cl;gl;L> g;uPkpak; js;Sgb Vw;Gf;F fUjg;glkhl;lhJ.

¼2½ ,e;j gpuptpd; tpjpfSf;F ,zq;fp xU egu; elf;ftpy;iy vd;why; gj;J yl;r &gha; tiu ePbf;ff;$ba mguhj njhifia mtu; fl;l Ntz;b

tUk;.

45.(1) No policy of life insurance shall be called in question on any ground whatsoever after the expiry of three years from the date of the policy, i.e., from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later 45 ¼1½ ghyprp Njjpapy; ,Ue;J> mjhtJ ghyprp toq;fg;gl;l Njjp my;yJ ,lu;ghL njhlq;fg;gl;l Njjp my;yJ ghyprp capu;g;gpj;jy; ngw;w my;yJghyprpf;F iulu; Nru;f;fg;gl;l Njjp> vd ,J gpd;du; tUfpwNjh> mjpypUe;J fhyhtjpahfp %d;W tUlk; fle;j gpd;G> ve;j xU R+o;epiyapYk; ve;j xU MAs; fhg;gPL ghyprpAk; Nfs;tpfSf;F cs;shfhJ.

(2) A policy of life insurance may be called in question at any time within three years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later, on the ground of fraud Provided that the insurer shall have to communicate in writing to the insured or the legal representatives or nominees or assignees of the insured the grounds and materials on which such decision is based.¼2½ Nkhrbapd; mbg;gilapy;> ghyprp toq;fg;gl;l Njjp my;yJ ,lu;ghL njhlq;fg;gl;l Njjp my;yJ ghyprp capu;g;gpj;jy; ngw;w my;yJ ghyprpf;Fiulu; Nru;f;fg;gl;l Njjp> vd ,J gpd;du; tUfpwNjh> mjpypUe;J %d;W tUl fhy fl;lj;jpw;Fs; xU MAs; fhg;gPL ghyprp Nfs;tpfSf;F cs;shfyhk;.ve;j mbg;gilapy; xU KbT vLf;fg;gl;lNjh mjid fhg;gPL ngw;wtu; my;yJ rl;l gpujpepjpfs; my;yJ thupRjhuu;fs; my;yJ fhg;gPL ngw;wtu;fspd; cupik ngw;wtuplk; fhg;gPL mspg;gtu; vOj;J %ykhf jhd; njhlu;ghl Ntz;Lk;.

(3) Notwithstanding anything contained in sub-section (2), no insurer shall repudiate a life insurance policy on the ground of fraud if the insured can prove that the mis-statement of or suppression of a material fact was true to the best of his knowledge and belief or that there was no deliberate intention to suppress the fact or that such mis-statement of or suppression of a material fact are within the knowledge of the insurer:Provided that in case of fraud, the onus of disproving lies upon the beneficiaries, in case the policyholder is not alive

¼3½ cl;gpupT (2)y; vd;d mlf;fpapUe;j NghjpYk;> jtwhd mwpf;if my;yJ jftfs; kiwf;fg;gLjy; Nghd;wit jd; mwpTf;F vl;ba tiucz;ikahf ele;Js;sJ vd;gij fhg;gPL mspg;gtu; ep&gpj;J tpl;lhy; my;yJ jftiy kiwj;jNyh my;yJ jtwhd mwpf;ifia rku;g;gpj;jNyh fhg;gPL mspg;gtupd; mwpTf;F vl;ba tiu Ntz;Lnkd;Nw nra;ag;gltpy;iy vd ep&gpf;fg;gl;L tpl;lhy;> fhg;gPL ngw;wtu; vtUk; MAs; fhg;gPl;L ghyprpia> Nkhrbapd; mbg;gilapy; kWf;f $lhJ.ghyprpjhuu; capUld; ,y;yhj NghJ> Nkhrb elf;Fk; Ntisapy;> ngha;fis ngha;ahf;Fk; nghWg;G gadhsu;fSilaJ.

(4) A policy of life insurance may be called in question at any time within three years from the date of issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is later, on the ground that any statement of or suppression of a fact material to the expectancy of the life of the insured was incorrectly made in the proposal or other document on the basis of which the policy was issued or revived or rider issued:Provided that the insurer shall have to communicate in writing to the insured or the legal representatives or nominees or assignees of the insured the grounds and materials on which such decision to repudiate the policy of life insurance is based:Provided further that in case of repudiation of the policy on the ground of misstatement or suppression of a material fact, and not on the ground of fraud, the premiums collected on the policy till the date of repudiation shall be paid to the insured or the legal representatives or nominees or assignees of the insured within a period of ninety days from the date of such repudiation.

¼4½ jtwhd mwpf;if my;yJ jftfs; kiwf;fg;gLjy;> Kd;nkhopjy; my;yJ ,ju Mtzj;jpy; fhg;gPL ngw;wtupd; MAs; vjpu;g;ghu;g;G jtwhfFwpg;gplg;gl;L> mjdbg;gilapy; ghyprp toq;fg;gl;bUe;jhNyh my;yJ GJg;gpf;fg;gl;bUe;jhNyh my;yJ iulu; toq;fg;gl;bUe;jhNyh> ghyprp toq;fg;gl;l Njjp my;yJ ,lu;ghL njhlq;fg;gl;l Njjp my;yJ ghyprp capu;g;gpj;jy; ngw;w my;yJ ghyprpf;F iulu; Nru;f;fg;gl;l Njjp> vd ,J gpd;du; tUfpwNjh> mjpypUe;J %d;W tUl fhy fl;lj;jpw;Fs; xU MAs; fhg;gPL ghyprp Nfs;tpfSf;F cs;shfyhk;.MAs; fhg;gPL ghyprpia kWg;gjw;F> ve;j mbg;gilapy; xU KbT vLf;fg;gl;lNjh mjid fhg;gPL ngw;wtu; my;yJ rl;l gpujpepjpfs; my;yJ thupRjhuu;fs; my;yJ fhg;gPL ngw;wtu;fspd; cupik ngw;wtuplk; fhg;gPL mspg;gtu; vOj;J %ykhf jhd; njhlu;ghl Ntz;Lk;.NkYk; Nkhrbapd; mbg;gilapy; my;yhky;> jtwhd mwpf;if my;yJ jftfs; kiwf;fg;gLjypd; mbg;gilapy; ghyprp kWg;Gf;F cs;shFk; NghJ> kWf;Fk; Njjp tiu ngwg;gl;l g;uPkpak; njhiffis fhg;gPL ngw;wtuplk; my;yJ rl;l gpujpepjpfs; my;yJ thupRjhuu;fs; my;yJ fhg;gPL ngw;wtu;fspd; cupik ngw;wtuplk; kWg;G NjjpapypUe;J njhz;Z}W ehl;fSf;Fs; jpUg;gp mspf;fg;gLk;.

(5) Nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are adjusted on subsequent proof that the age of the life insured was incorrectly stated in the proposal.For a complete text of Section 45 please refer to Insurance Act, 1938 as amended from time to time

¼5½ ve;j Neuj;jpy; Ntz;LkhdhYk; taJ rhd;iw rku;g;gpf;f> mt;thW nra;a cupikAs;s fhg;gPL mspj;jtu; miof;f ,e;j gpuptpy; cs;s vJTNkjLf;f KbahJ. MAs; fhg;gPL ghyprpjhuupd; taJ Kd;nkhopjypy; jtwhf Fwpg;gplg;gl;ljhy;> gpd; tUfpw rhd;iw ghyprpapd; tiuaiwfspy; jpUj;jp fhuzj;jhy; ve;jnthU ghyprpAk; Nfs;tpfSf;F cs;shfhJ.gpupT 45d; KOikahd ciuf;F> fhyj;jpw;Nfw;g jpUj;jg;gLk; fhg;gPL rl;lk;> 1983-ia ghu;f;fTk;.