ACKO LIFE INSURANCE DISCLAIMERS

This website (https://www.acko.com/life) (“Platform”) is the official website of ACKO Life Insurance Limited (“Acko Life”), having its registered office at #36/5, Hustlehub One East, Somasandrapalya, 27th Main Road, Sector-2, HSR Layout,  Bengaluru, Karnataka 560102.

The material and information including any product information provided on this Platform is provided for information purposes only and is indicative in nature, and does not constitute the entire terms, conditions and exclusions of the policy. For details, please read the policy wording carefully before concluding a purchase.

Nil Liability: Insurance is a subject matter of solicitation. The information provided on this Platform cannot substitute for the advice of a licensed professional. The information and data provided on this Platform is of a general nature and strictly for informational purposes. Acko Life further assumes no liability for the interpretation and / or use of the information contained on this Platform, nor does it offer a warranty of any kind, either express or implied. The terms and conditions on which the policies are sold by Acko Life are subject to changes from time to time depending on various factors, including any changes in law. While this Platform may be updated with changes periodically, Acko Life does not guarantee that this Platform always reflects the latest amendments/ information or at any time. For more details on the risk factors, terms and conditions, please read the policy wordings carefully.

You understand and agree:

Products and Add-ons available on this Platform are underwritten by Acko Life.

Goods & Service Tax is applicable on the policy/ies as per governing laws, and the same shall be borne by you as the policyholder. 

Acko Life reserves the right to recover from the policyholder any levies and duties (including service tax), as imposed by the government, from time to time. 

Tax benefits under the respective policy are subject to conditions and provisions of the Income Tax Act, 1961. Goods and Services Tax and Cesses, if any, will be charged extra as per prevailing rates. Tax laws are subject to amendments from time to time. Please consult your tax advisor for details.

Issuance of policy shall be as per the board-approved underwriting policy and at the sole discretion of Acko Life.

Commencement of risk cover under any policy is subject to receipt and realization of premium by Acko Life, as per the policy documents.

Prohibition of Rebates – Section 41 of the Insurance Act, 1938, as amended by Insurance Laws (Amendment) Act, 2015.

No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to take out or renew or continue an insurance in respect of any kind of risk relating to lives or property in India, any rebate of the whole or part of the commission payable or any rebate of the premium shown on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate, except such rebate as may be allowed in accordance with the published prospectuses or tables of the insurer.

Any person making default in complying with the provisions of this section shall be liable for a penalty which may extend to ten lakh rupees. ​​​​

You further understand and agree that browsing and/or use of this Platform is subject to applicable laws, and You agree to the following:

Acceptance of Terms of Use and Privacy Policy: By accessing and/or browsing this Platform, you accept the Terms of Use along with the Privacy Policy of Acko Life unconditionally and without any qualifications. 

Legitimate Sources: You hereby confirm that all premiums have been/will be paid from bona-fide sources and no premium have been/will be paid from the proceeds of crime related to any of the offence listed in Prevention of Money Laundering Act, 2002 or otherwise illegal or unlawful.

Independent Evaluation: Decisions to purchase any policy/product of Acko Life will be based solely on your independent evaluation of the policies/products of Acko Life and Your need for the same. Accordingly, you agree to make your own determination as to the suitability of any product / policy for your own purposes prior to purchase or in connection with the making of any decision. 

No Guarantee or Warranty: The materials and/or information available or obtained at/through this Platform, is provided on an “as is” and “as available basis” and is / are not guaranteed or warranted in terms of completeness, correctness, accuracy, reliability or otherwise howsoever by Acko Life or its directors or employees nor does Acko Life or its directors or employees accept any liability with respect to your reliance on the said material / information.

DND: Your information that Acko Life has received from any online advertisement or other modes of expression of interest by you will be used to contact you for the stated purpose of the advertising overriding any DNC registration made by you. By providing your contact details (which includes your preferred telephone number, email address and/or phone number), You acknowledge, affirm, understand, accept and agree that  you are consenting to, and specifically authorizing Acko Life or its affiliates or its duly authorized agents to contact you on the telephone / mobile / WhatsApp number in relation to (i) obtaining further details on and/or purchasing of the insurance products sold by Acko Life and/or (ii) for the stated purpose. You agree and unconditionally waive any registration made of your number under NCPR or any other registry prescribed by Telecom Regulatory Authority of India (“TRAI”) from time to time.

Willful Consent: You further confirm and agree that you have completed your contact details voluntarily and under no duress and that this authorization provided to Acko Life to contact you over your telephone number in relation to the insurance products sold by Acko Life will continue to apply to all calls relating to the solicitation of the insurance products sold by Acko Life. 

Third Party Links: This Platform may contain links to other websites, we are not, directly or indirectly, implying any approval, association, sponsorship, endorsement, or affiliation with any linked website, unless specifically stated. We are not responsible for examining or evaluating, and we do not warrant the offerings of any businesses or individuals or the content of their websites.

Cookies: Cookies are small text files that are placed on your computer, phone, table, or any other device being used by You, by websites that you visit. They are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site. This Platform makes use of cookies to monitor visitor sessions. No personal information is stored in the cookie that is issued by this Platform. The value stored in the cookie is an anonymous identifier, which is not linked to any other personal information you may give us during your visit. If you do not wish to receive these cookies you can disable them in your browser, though doing so may affect the functionality of this Platform. By virtue of using the Platform and changing your browser settings to “accepting cookies”, you consent to the use of the cookies by Acko Life in accordance with the Privacy Policy. Acko Life will not be liable in the event that any third-party gains access to the cookies from your computer, phone, tablet or any other internet enabled device.

Product Disclaimers

For calculating the Lifetime Savings related to the Birthday campaign, we have used the below example: