These terms and conditions (“Insurance Ts & Cs”) apply to the making available by Mahila Money to you, via the Platform, of the Insurance Product, such Insurance Product continuing to be governed entirely by the Policy.
It is clarified that the Insurance Product shall only be made available to such Users who have been sanctioned loans via the Platform and to whom such loans are successfully disbursed on or after 04 November 2022.
You represent and agree that you have the capacity and authority to bind yourself to the terms of these Insurance Ts & Cs and agree to be bound by the terms mentioned herewith.
You accept these Terms when You visit the Platform, sign up for, access, or use any of our Services, including but not limited to features, technologies or functions offered on our Platform including products and services (collectively referred to as “Services”). For the avoidance of doubt, Services excludes products, services offered by and/or on behalf of third-party service providers, via the Platform.
You understand and agree that Mahila Money will treat Your use of the Services as acceptance of the Terms from such point of usage. You shall not use the Services, visit the Platform if You do not accept the Terms.
“Insurance Product ”means the general health insurance product issued by the Insurer, governed by the Policy, and made available to you via the Platform subject to these Insurance Ts & Cs.
“Insurer” means Magma HDI General Insurance Company Private Limited, being the provider of the Insurance Product.
“Mahila Money", we”, “us”, “our” shall mean Mahila Money Private Limited “which expression(s)shall include its subsidiaries, affiliates, and its holding company, as the case maybe.
"Platform” shall mean the website and/or application of Mahila Money, via which the Insurance Product has been made available to you, and via which you have successfully applied for a loan.
“Policy”means the insurance policy governing the Insurance Product, as amended from time to time at the discretion of the Insurer, and available he
"User ”,"you” or “your” shall mean you as a customer of the Platform to whom a loan via the Platform has been successfully sanctioned and disbursed on or after 04 November 2022, and to whom the Insurance Product has been offered by Mahila Money as a free add-on to the loan product. .
TheInsurance Product shall be made available for no additional cost to every User towhom a loan from the Platform is successfully disbursed. It is clarified thatthis Product shall not be made available to any User to whom a loan has notbeen successfully disbursed via the Platform, regardless, of whether such loanhas been sanctioned or not.
By accepting the Insurance Ts & Cs, you accept the following: