Disclaimer

Jio Insurance Broking Limited (“JIBL”) is a licensed Direct Insurance Broker (Life & General) under Registration No. 347, valid till 11/03/2028, regulated by the Insurance Regulatory and Development Authority of India (IRDAI). JIBL is authorized to engage Point of Sales Persons (POSPs) as per the provisions of the IRDAI (Insurance Brokers) Regulations, 2018 and related POSP guidelines.

1. Nature of Platform and User Status

A POSP is an individual certified and engaged by JIBL to solicit pre-underwritten insurance products in accordance with IRDAI regulations. The POSP acts under the supervision of JIBL and operates within the scope defined by applicable regulatory frameworks.

Key Disclosures:

• POSPs act on behalf of JIBL and not directly on behalf of any insurer
• Products are underwritten by IRDAI-registered insurers; the decision to accept risk, issue policies or process claims lies solely with the insurer.
• POSPs assist only in solicitation and documentation. They are not authorized to approve claims, issue policies, or make commitments on behalf of insurers.
• Customers are strongly advised to review the policy brochure, Customer Information Sheet (CIS), and policy wordings carefully before making any purchase.
• Premiums are payable only through JIBL’s authorized channels. POSPs are not permitted to collect payments in cash or any other unauthorized manner.
• JIBL maintains onboarding, training, audit trails, and communications records in compliance with IRDAI requirements.

Consent and Use of Information

By accessing the POSP portal and/or submitting your information:

• You confirm that the details provided are true and complete
• You consent to JIBL sharing relevant information with insurers, IRDAI, and third-party service providers (such as training partners, verification agencies, or communication tools) solely for regulatory or operational purposes, in line with JIBL’s Privacy Policy and applicable law.

Warranty and Platform Usage Disclaimer

• The POSP portal and its associated digital tools are provided on an “as-is” and “as-available” basis. JIBL disclaims all warranties, express or implied, including but not limited to the warranties of merchantability, accuracy, fitness for a particular purpose, and non-infringement.
• JIBL does not guarantee uninterrupted access, error-free operation, or suitability of the platform for any individual purpose.
• System downtimes, maintenance, or external factors (such as network or insurer system failures) may affect platform availability.

Confidentiality and Data Usage

• All information, training material, reports, and product content available on this portal are confidential and proprietary to JIBL.
• You may use the content strictly for internal or professional purposes as a registered POSP. Reproduction, external distribution, sharing of credentials, or unauthorized access is strictly prohibited and may result in suspension of access and legal consequences.

Anti-Fraud and Conduct Assurance

• POSPs are required to comply with IRDAI’s Code of Conduct, maintain ethical business practices, and avoid misrepresentation, coercion, or inducement in the solicitation of insurance.
• JIBL has adopted fraud detection and risk control protocols. Any misuse of portal access, data tampering, or fraudulent activity may result in immediate termination of POSP status and possible regulatory escalation.
• JIBL reserves the right to audit, monitor, and suspend any POSP account suspected of non-compliance, misconduct, or breach of obligations.

Regulatory Compliance

• Insurance is the subject matter of solicitation. No policy is sold without the explicit consent of the customer and completion of due process.
• Tax benefits (if applicable) are governed by prevailing laws and may be amended by legislation.
• Under Section 41 of the Insurance Act, 1938, offering or accepting any rebate not approved by the insurer is strictly prohibited and may attract penalties.
• Customers are advised to make full disclosures. Misrepresentation or non-disclosure may result in denial of insurance or claims.

Standard Legal Disclaimer

Standard T&C apply. All insurance products are offered by IRDAI-registered insurers and are subject to underwriting policies and applicable product regulations. Benefits, features, savings (if any), and discounts are provided by the respective insurer and may be withdrawn or revised at their discretion. Please read the policy brochure, terms, and Customer Information Sheet (CIS) carefully before purchase. Tax benefits are subject to change in applicable tax laws.

• No Warranties: JIBL disclaims all warranties, express or implied, including but not limited to warranties of accuracy, fitness for a particular purpose, and non-infringement regarding the training material or platform functionality.
• Availability: JIBL does not guarantee uninterrupted access, error-free operation, or suitability of the Platform for any individual purpose. System downtimes, maintenance, or external factors (such as network failures) may affect Platform availability.
• Content Accuracy: While JIBL strives to keep training materials updated, it does not guarantee that the information provided covers all aspects of insurance law or products. Users are advised to refer to official IRDAI regulations for authoritative information.

3. Confidentiality and Intellectual Property

By submitting your details, you authorize Jio Insurance Broking Limited (JIBL) and its registered POSPs to contact you via phone call, SMS, WhatsApp, email, or any other mode, even if you are registered with the National Do Not Call (NDNC) registry, for providing assistance related to insurance services.