I have submitted proposal papers before the cut off date but received the policy bond later? Am I eligible to apply under policyholders reservation?

Question

I have submitted proposal papers before the cut off date but received the policy bond later? Am I eligible to apply under policyholders reservation?

Accepted Answer · 2022-02-14

To apply under the Policyholders reservation portion category, policy papers must be issued on or before the date of DRHP filling, 13 Feb 2022. Having a policy with LIC doesn’t qualify you as an eligible policyholder as it is also important to register your PAN card with the insurance policy by 28 Feb 22 to apply to the IPO under the Policyholders reservation category. It is necessary that you should not have exited by way of surrender, maturity, or death claim on the IPO offer opening date.

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I have submitted proposal papers before the cut off date but received the policy bond later? Am I eligible to apply under policyholders reservation?

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