What will happen if the insured person loses the original life insurance policy document?

Question

What will happen if the insured person loses the original life insurance policy document?

The insurance company will issue a duplicate policy without making any changes to the contract
The insurance contract will come to an end
The insurance company will issue a duplicate policy with renewed terms and conditions based on the current health declarations of the life insured
The insurance company will issue a duplicate policy without making any changes to the contract, but only after a court order

LohaHridoy

5 views

2025-01-04 04:42

1 Answers

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AhmedNazir · Accepted Answer · 2022-09-01T13:21:41+06:00

Answer: Option 1

If the insured person loses the original life insurance policy document the insurance company will issue a duplicate policy without making any changes to the contract. If you lose your policy bond, report it to the insurance company immediately. Get a duplicate policy by complying with the formalities. The duplicate policy confers the same rights as the original policy bond.