Life Assistant IMF is owned by Life Assistant Private Limited. We strive to provide unbiased and accurate information about insurance products and services on the website. We assume no responsibility and make no warranty in case of any mistakes, omissions, inaccuracies, discrepancies and typographical errors, etc. By visiting our website and accessing the information, services, products, and tools we provide, you understand and agree to accept the following terms and conditions.

We make all possible efforts to ensure that all the information, premium rates, policy benefits are correct; however, we rely on the companies (offering life insurance) in providing accurate information for us to assess their products. We are in no way responsible for the accuracy, timeliness or completeness of information obtained from the insurance companies or other third parties.

In order to purchase any policy(ies), your decision will be based solely on your own evaluation of the policy(ies) and needs. We do not accept any liability arising out of circumstances where there is delay in you acquiring the product you have chosen. If your policy has lapsed due to non-payment of premiums within the due date, the terms of the policy contract are rendered void, till you revive your policy.

We are in no way responsible or liable for any investment decision of yours and every policyholder shall be solely responsible for the consequences of his/her decision.

We are not an insurance company. We act only as a facilitator and claims settlement shall be at the sole discretion of the Insurer. We shall be under no obligation to make any payment for any claim in respect of any insured person directly or indirectly for, caused by, arising from in any way.

Returns are not guaranteed. Your policy may offer variable returns. Investment in unit linked products are subject to market risks.

Cancellation & Refund

As per the IRDAI rules and regulations, you have the right to cancel your insurance policy within 15 days from the date of (online) receipt of insurance policy (referred to as “Free look period”) and refund of your premium amount shall be processed as per the applicable process and procedures followed by the insurer. This Free look facility can be availed only for Life and Health insurance policies, subject to certain other terms and conditions specified by IRDAI. We strongly recommend you to read the policy document carefully and avail the free look facility in case the terms and conditions of the insurance policy document don’t match your insurance requirements. Once you place a cancellation request within the Free look period, the policy gets cancelled and entire premium is refunded to you subject to deduction of administrative and service cost, charges pertaining to medical tests conducted, and Charges for mortality for the period the policy was in force. Such deductions are at the sole discretion of the insurer.