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Other Policy Details not declared

Hi All,

Last year I took a term insurance policy from an private insurance company with help of an advisor which is due for renewal now .

I was checking the application form and saw that last year while filling up app form additional policies (LIC) which I have were not declared during that time. It could be because my advisor did not emphasize much on that and because of my ignorance.

Should I go back to insurance company during this renewal informing them about the same.

Please suggest…

Regards

Nikhil Parchure

 

 

 

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