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FA location and client living far away.

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08 Dec, 2021 by  Sanjay Divakar

If FA and client living location are at far ends of country. Assuming FA buys term insurance in his base location for client. Will there be any difficulty for claim process?

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Term Life Insurance

1 Answer

12 Dec, 2021

Hi Sanjay,

Hope you are doing well! For any user to buy term insurance, they need to declare their address in the proposal form - both a permanent address and temporary address (if any) and submit address proof to the respective insurance company like active passport, aadhar card, etc. This means that any FA would not be able to buy a term plan for their client in his location, it has to be the client's location.

Hope this helps.


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