Based on the details provided in the benefit illustration for for Rs.
death sum assured, please request the customer to provide the following
Anti Money Laundering(AML) and Know Your Customer(KYC) requirements of LA
Documents for Financial Underwriting for Life Assured
* Financials of HUF & Person to be insured are required
Anti Money Laundering(AML) and Know Your Customer(KYC) requirements of Proposer
Documents for Financial Underwriting for Proposer
Tests and requirements for Medical Underwriting for Life Assured
Tests and requirements for Medical Underwriting for Proposer
Note:
The above requirements are based on the sum assured shown for this benefit illustration. We may ask for additional medical tests, reports and questionnaires
- In case the customer has existing policies or simultaneous applications for Life/ Health/ Critical illness/ Disability Insurance from IDBI Federal and we also need additional requirements based on customer declarations and profile as per our underwriting and risk policy.
If a customer is NRI, below applicable documents will be required :
| Mandatory Document |
Nationality |
| NRI |
OCI |
PIO |
Foreign |
| Duly filled Nationality Questionnaire for All ROLES |
Yes |
Yes |
Yes |
Yes |
| Copy of all pages of passport document for All ROLES |
Yes |
Yes |
Yes |
Yes |
| Proof of last entry to India for Proposer or LA/Proposer |
Yes |
Yes |
Yes |
Yes |
| copy of OCI card for All ROLES |
|
Yes |
|
|
| copy of PIO card for All ROLES |
|
|
Yes |
|
Sample Documents.
-
Officially valid documents as proof of Identity for Individuals
- Valid passport
- Voters card
- PAN card
- Valid driving license
- Job card issued by NREGA duly signed by an officer of the state government
-
Letter issued by the National Population Register containing details of name, address;
Any other document as notified by the Central Government in consultation with the Regulator
-
Officially valid documents as Proof of Address for Individuals
- Voter's card
- Valid passport
- Valid driving license
- Job card issued by NREGA duly signed by an officer of the state government.
- Pension or family pension payment orders (PPOs) issued to retired employees by government department which contain the address.
- Letter of allotment of accommodation from employer issued by state or central government departments, statutory or regulatory bodies, public sector undertakings, scheduled commercial banks, financial institutions and listed companies also leave and license agreements with such employers allotting official accommodation.
- Utility bill which is not more than two months old of any service provided (electricity, telephone, post-paid mobile phone, piped gas, water bill).
- Property or municipal tax receipt.
-
Officially valid documents as Proof of Age for Individuals
- Driving license - a document that is issued by the government authority (except learning license)
- Baptism certificate, municipal birth certificate with DOB & name of the proposed insured will be acceptable. However in case where the name of the child is missing in the age proof, it is mandatory to submit an amendment form in which applicant gives declaration that the age proof belongs to the proposed insured and clearly stating the name and DOB (acceptable only up to age 5 years).
- S.L.C. or higher secondary mark list, school / college certificate / certified extract from school or college register / progress cards will be acceptable. The certified extracts have to be provided on the letter head of the institution duly signed, stamped by the principal.
- ID cards of only government / semi government/quasi-government/defence personnel employees clearly stating the DOB will be accepted as standard age proof.
- Passport
- Domicile or nationality certificate
- Bonafide certificate
- Pan Card - A document issued by the Income Tax authorities.
-
List of Standard Financial Documents:
- Income tax returns (Latest 3 years) along with computation of income
- Salary slip (Latest 3 months) with bank statement reflecting salary been credited
- Form 16 (latest 3 years)
- Appointment letter/ revised CTC letter with salary break up + latest month salary slip / bank statement showing regular salary been credited for last three months
- Bank statement showing regular salary credit for last 6 months + latest month pay slip
- Audited profit and loss account statement, balance sheets and computation of income of latest 3 years
- Three months bank statement along with the branch manager report for banca customer