Home /Terms and Conditions
Welcome to the Svfin.in website (the "Site") operated by Sv Financial. Svfin.in offers its services to you under the following conditions. Prior to using the Site, it is essential that you carefully read and agree to all the terms and conditions outlined in this Terms of Use and the associated linked documents.
License and Site Access
Sv Financial grants you a limited license to access and make personal use of the Site and the Service. This license explicitly excludes downloading or copying of any information or data for the benefit of another individual, vendor, or any third party. Prohibited activities include caching, creating unauthorized hypertext links to the Site, framing any Content available through the Site, uploading, posting, or transmitting any content for which you lack the right to make available (such as the intellectual property of another party), uploading, posting, or transmitting any material containing software viruses or any other computer code intended to interrupt, destroy, or limit the functionality of any computer software, hardware, or telecommunications equipment.Furthermore, engaging in any action that imposes or may impose an unreasonable or disproportionately large load on Sv Financial's infrastructure, or any use of data mining, robots, or similar data gathering and extraction tools is strictly prohibited. You are not allowed to bypass any measures implemented by Sv Financial to prevent or restrict access to the Site. Unauthorized use by you will result in the termination of the permission or license granted by Sv Financial..
By using Sv Financial, you agree not to:
Your Account
You are required to provide true, accurate, current, and complete information about yourself as prompted by the Site. If you provide any information that is false, inaccurate, outdated, or incomplete, or if Sv Financial has reasonable grounds to suspect such inaccuracies, Sv Financial has the right to suspend or terminate your account and refuse any current or future use of the Site or its portions. It is your responsibility to maintain the confidentiality of your account and password and to restrict access to your computer. You are fully responsible for all activities occurring under your account or password. Promptly inform Sv Financial of any unauthorized use of your account or any security breaches. Sv Financial reserves the right to refuse service, terminate accounts, or edit content at its sole discretion. Additionally, Sv Financial retains the right, at its sole discretion, to deny access to the Site and the services offered for any reason, including violations of the Terms of Use or Privacy Policy. Please note that specific terms and conditions will apply to your purchase of services. It is crucial to read them carefully. By using Sv Financial's services, you agree to comply with the terms and conditions set by any service provider you choose to deal with, including payment of amounts when due and adherence to the provider's rules and restrictions regarding product and service use. Violation of these rules may result in the cancellation of your purchase, denial of access to the relevant service, forfeiture of any payments made, and possible debiting of your account for associated costs incurred by Sv Financial.
Service Description
Svfin.in provides users with access to information focused on insurance products and services, including but not restricted to General Insurance, Life Insurance products, and related services (including renewals) (the "Service"). Users are responsible for obtaining access to the Site, and such access may involve third-party fees (such as Internet service provider or airtime charges). Additionally, users must provide and are responsible for all equipment necessary to access the Site. By using the site and providing personal/contact details, users express their interest in availing and purchasing the selected Service(s). Users hereby give consent to receive the policy PDF on their email ID from Svfin.in/Sv Financial/the concerned Insurance company. Users also agree that Sv Financial may contact them electronically or through phone to understand their interest in selected products and services (such as renewals, reminders, etc.) and to fulfill their demands. Sv Financial reserves the right to share user details with its affiliates and partners, and users may be contacted by them for information and sales through email, telephone, and/or SMS.Users agree to receive promotional materials and special offers from Sv Financial
Disclaimer of Liability and Warranty
The possibility of inaccurate information or errors, including pricing errors, exists in the content, products, and services published on this site. We do not guarantee absolute accuracy and disclaim all liability for errors or other inaccuracies related to the information and description of the content, products, and services. We reserve the right to correct any pricing errors on the site and/or on pending reservations made under an incorrect price. Sv Financial makes no representation about the suitability of the information, software, products, and services contained on this site for any purpose. The inclusion or offering of any products or services on this site does not constitute an endorsement or recommendation of such products or services. All such information, software, products, and services are provided "AS IS" without warranty of any kind. Sv Financial disclaims all warranties and conditions that this site, its services, or any email sent from Sv Financial, its affiliates, and/or their respective or associated service providers are free of viruses or other harmful components. Sv Financial hereby disclaims all warranties and conditions regarding this information, software, products, and services, including all implied warranties and conditions of merchantability, fitness for a particular purpose, title, and non-infringement. The service providers offering services on this site are independent affiliates, and Sv Financial is not liable for the acts, errors, omissions, representations, warranties, breaches, or negligence of any such service providers. Sv Financial is also not responsible for any personal injuries, death, property damage, or other damages or expenses resulting from the actions of these service providers. Sv Financial and its affiliates have no liability and will make no refund in the event of any delay, cancellation, strike, force majeure, or other causes beyond their direct control. They also have no responsibility for any additional expense, omissions, delays, or acts of any government or authority. In no event shall Sv Financial and/or its affiliates be liable for any direct, indirect, punitive, incidental, special, or consequential damages arising out of, or in any way connected with, your access to, display of, or use of this site. This includes but is not limited to reliance upon opinions appearing on this site, any computer viruses, information, software, linked sites, products, and services obtained through this site, or otherwise arising out of the access to, display of, or use of this site. This holds true whether based on a theory of negligence, contract, tort, strict liability, or otherwise, even if Sv Financial and/or its affiliates, and their respective service providers have been advised of the possibility of such damages.
Limitation of Liability
You expressly understand and agree that Sv Financial and its subsidiaries, affiliates, officers, employees, agents, partners, and licensors shall not be liable to you for any direct, indirect, incidental, special, consequential, or exemplary damages. This includes, but is not limited to, damages for loss of profits, goodwill, use, data, or other intangible losses (even if Sv Financial has been advised of the possibility of such damages), resulting from the use of the site, content, or any related services.If, despite the limitation above, Sv Financial or its affiliates are found liable for any loss or damage arising out of or connected with any of the occurrences described above, then the liability of Sv Financial and/or its affiliates will not exceed, in the aggregate, the greater of (a) the service fees you paid to Sv Financial in connection with such transaction(s) on this Site, or (b) Rupees One Hundred only (INR 100).The limitation of liability reflects the allocation of risk between the parties. The limitations specified in this section will survive and apply even if any limited remedy specified in these terms is found to have failed of its essential purpose. The limitations of liability provided in these terms benefit Sv Financial, its affiliates, and/or their respective service providers.
Cancellation & Refund/Chargeback Terms and Conditions
(a) Free look period for Cancellation of Life Insurance Policies:
As per the IRDAI Protection of Policyholders’ Interests Regulation 2017,
i.The insurer shall inform clearly by the letter forwarding the policy to the policyholder that he has a free look period of 15 days from the date of receipt of the policy document and period of 30 days in case of electronic policies and policies obtained through distance mode, to review the terms and conditions of the policy and where the policyholder disagrees to any of those terms or conditions, he has the option to return the policy to the insurer for cancellation, stating the reasons for his objection, then he shall be entitled to a refund of the premium paid subject only to a deduction of a proportionate risk premium for the period of cover and the expenses incurred by the insurer on medical examination of the proposer and stamp duty charges.
ii.In respect of a linked insurance product, in addition to the deductions under sub-regulation (i) above, the insurer shall also be entitled to repurchase the units at the price of the units on the date of cancellation.
iii.A request received by insurer for free look cancellation of the policy shall be processed and premium refunded within 15 days of receipt of the request, as stated at sub clause (i), (ii) above.
All payments with respect to refunds, as stated under in the above paragraph, shall be the sole responsibility of the insurer as per the rules and regulations laid down by the IRDAI. Sv Financial only acts as a mere facilitator and provides its assistance to its customers for speedy returns
(b) Additional Terms and Conditions of proposal form (applicable for health insurance products only):(i) You hereby declare, on your behalf and on behalf of all persons proposed to be insured, that the statements, answers and/ or particulars given by you are true and complete in all respects to the best of your knowledge and that you are authorized to propose on behalf of these other persons.
(ii) You understand that the information provided by you will form the basis of the insurance policy, is subject to the Board approved underwriting policy of the insurer and that the policy will come into force only after full payment of the premium chargeable.
(iii) You further declare that you will notify in writing any change occurring in the occupation or general health of the life to be insured/proposer after the proposal has been submitted but before communication of the risk acceptance by the insurance company.
(iv) You declare that you consent to the insurance company seeking medical information from any doctor or hospital who/which at any time has attended on the person to be insured/proposer or from any past or present employer concerning anything which affects the physical or mental health of the person to be insured/proposer and seeking information from any insurer to whom an application for insurance on the person to be insured/proposer has been made for the purpose of underwriting the proposal and/or claim settlement.
(v) You authorize Sv Financial/ the insurance company to share information pertaining to your proposal including the medical records of the insured/ proposer for the sole purpose of underwriting the proposal and/or claims settlement and with any Governmental and/or Regulatory authority.
(vi) You consent to and authorize any of insurance company’s authorized representatives not being direct employees of the company to seek medical information required for the purpose of policy issuance or claim settlement under this policy from any hospital/medical practitioner that you or any person proposed to be insured/insured has attended or may attend in future concerning any disease or illness or injury.
(vii) You understand agree that (section 41 of Insurance Act, 1938):a) 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 insurers.
b) Any person making default in complying with the provision of this section shall be liable for a penalty which may extend to ten lakh rupees.”
Online Availability, Impressions, And Click-Throughs DisclaimerIn addition to the other disclaimers and limitations discussed in this notice, there are no guarantees or warranties regarding online availability, impressions, and click-through of Svfin.in, its web pages, and any material, information, links, or content presented on the web pages at Svfin.in, may be unavailable for online access at anytime. Advertising sponsors and advertising, if any and if permitted, must be approved by Sv Financial before the posting of any advertising material, information, links, content, banners, and graphics on Svfin.in. Sv Financial reserves the right to accept or to reject any advertising sponsor or any advertising for any reason.
License Disclaimer
Nothing on any Sv Financial website shall be construed as conferring any license under any of Sv Financial's or any third party's intellectual property rights, whether by estoppel, implication, or otherwise.
Indemnity
You agree to indemnify and hold Sv Financial (and its officers, directors, agents, subsidiaries, joint ventures, and employees) harmless from any and against any claims, causes of action, demands, recoveries, losses, damages, fines, penalties or other costs or expenses of any kind or nature, including reasonable attorneys' fees, or arising out of or related to your breach of this ToU, your violation of any law or the rights of a third party, or your use of the Site.
Local Governing Laws
Sv Financial controls and operates this Website from its headquarters in New Delhi, India and makes no representation that the materials on the website are appropriate or available for use outside India. If you use this Website from other locations, you are responsible for compliance with applicable local laws including but not limited to the export and import regulations of other countries. Unless otherwise explicitly stated, all marketing or promotional materials found on this Website are solely directed to individuals, companies or other entities located in India and comply with the laws prevailing for the time being in force in India. Disputes if any shall be subject to the exclusive jurisdiction of Courts at New Delhi.
Links
The Site or third parties may provide links to other World Wide Web sites or resources. Because Sv Financial has no control over such sites and resources, you acknowledge and agree that Sv Financial is not responsible for the availability of such external sites or resources, and does not endorse and is not responsible or liable for any content, advertising, products or other materials on or available from such sites or resources. You further acknowledge and agree that Sv Financial shall not be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through any such site or resource.
Trademarks
The domain Svfin.in is a property of Sv Financial. The trademarks, logos, tag lines, slogans, icons, service marks, and designs are the property of Svfin.in. This site also uses the trade name, trademarks, logos, etc. of its business partners and associates. These business partners and associates have their respective rights on their trade name, trademarks, logos etc. The graphics, texts, images, style and designs are subject to intellectual property rights. Any kind of inappropriate use, including but not limited to the reproduction, distribution, display or transmission of any content on this site is strictly prohibited unless specifically authorized in writing by Svfin.in
General
If any of these conditions are deemed invalid, void, or for any reason unenforceable, the parties agree that the court should endeavour to give effect to the parties’ intentions as reflected in the provision, and the unenforceable condition shall be deemed severable and shall not affect the validity and enforceability of any remaining condition. Headings are for reference purposes only and do not limit the scope or extent of such section. This Terms of Use and the relationship between you and Sv Financial and/or its affiliates, parent company will be governed by the laws of the India without regard to its conflict of law provisions. You and Sv Financial agree to submit to the personal jurisdiction of the courts located in New Delhi jurisdiction with respect to any legal proceedings that may arise in connection with this Terms of Use. The failure of Sv Financial to act with respect to a breach by you or others does not waive its right to act with respect to subsequent or similar breaches. Sv Financial does not guarantee it will take action against all breaches of this Terms of Use. Except as otherwise expressly provided in this Terms of Use, there shall be no third-party beneficiaries to this Terms of Use. This Terms of Use constitutes the entire agreement between you and Sv Financial and governs your use of Sv Financial, superseding any prior agreements between you and Sv Financial with respect to Sv Financial.