Proposal/Policy Number- 500562475
Policy Holder- Niranjan Jena
Life Insured- Ms Neha Kumari Jena
Proposal/Policy Number- 550080469
Policy Holder- Mr. Niranjan Jena
Life Insured- Mr. Niranjan Jena
I have received a cheque for Rs. 8861.74 towards overpayment of my premium.
What does it mean? Please confirm as soon as possible. I have already paid the premium at 2005, 2006, 2007. According to DRDO Principles the customer who pays three years premium his policy wouldn't laps. If this is my condition, then what does the cheque mean i can't understand.
Please clarify as soon as possible.