Many individuals seek peace of mind, clarity, and long-term financial confidence. The Policy Exchange provides access to previously held life insurance plans with competitive value potential, clear planning horizons, and a transparent, reliable pathway through the insurance landscape.
Through Absolute Assignment, the Policy Sponsor assumes ownership of an existing life insurance policy, enabling the policyholder to unlock value from its structured payouts while continuing to retain the policy's coverage. Additionally, the switching feature available within the underlying policy helps align future outcomes with debt-oriented options, thereby enhancing stability and ensuring more predictable returns.
Absolute assignment is governed by the Section 38 of Insurance Act which allows the Policyholder transfer policy rights to another individual or entity. This transfer is irrevocable. Once the rights to the policy are assigned the Policy Sponsor is responsible for its premium payments, ensuring continuity. The Policy Sponsor gains access to its value through structured, secure arrangements.
Policy Evaluation
Each policy considers the following key factors :
Detailed evaluation of policy tenure and premium payment structure.
TPE act as a bridge between the Policyholder and the Policy Sponsor.
Transparent process ensuring informed decision-making for participants.
CLIP is a structured program where individuals can participate in existing life insurance policies. It is designed to provide a stable outcome over a defined period, typically ranging from one to four years. The arrangement is linked to the policy's underlying value, which adds a layer of security to the process. The overall approach is simple, transparent, and easy to follow. It is suitable for those seeking a steady, well-structured opportunity with low to moderate risk.
The policy is initially assessed to determine its suitability for conditional assignment. The arrangement is then structured through a conditional assignment process facilitated by The Policy Exchange. Upon completion of the tenure, the agreed outcomes are executed and the benefits are delivered in accordance with the defined terms of the arrangement.
The program is supported by the insurance policy's underlying value, which adds stability to the arrangement. Process adheres to established regulatory guidelines for transparency and clarity. This approach is suitable for individuals seeking steady and secure outcomes within a structured framework. It is designed for those who prefer predictable timelines and clear terms. Overall, it offers a secure and well-managed way to participate, with clear expectations from start to finish.
E-POP offers Policy Sponsors the opportunity to engage with pre-owned life insurance policies at a favourable entry value. This opportunity provides flexibility, enabling access to both equity and debt-based growth while ensuring security through asset-backed policies.
The Policy Sponsor participates in the ownership of a pre-owned policy, with clear flexibility to switch between equity and debt options to optimise returns. The policy remains active and valued, providing opportunities for both growth and stability.
The registration is simple and digital, providing access to curated assignments.
Policy Sponsor Onboarding
The onboarding process is simple, clear, and hassle-free.
KYC & Secure Access
Verify with PAN, Aadhaar, cancelled cheque, and passbook.
Relationship Manager Support
Experts' guidance for smooth coordination with stakeholders during program entry and exit.
Discover how these unique options can enhance your portfolio with secured, structured opportunities. Take the next step and explore how you can benefit from these asset-backed solutions today.
As an investor, I've been truly impressed with The Policy Exchange. Their seamless platform, transparency, and innovative solutions make investing effortless and secure. For those looking for a reliable, low-risk way to grow their wealth,
After reading about the concept of product offered by The Policy Exchange, I was intrigued and decided to try out a product. It was a smoother process with just the selection of your policy choice and then further process handled by The Policy Exchange.
I chose to invest in pre-owned life insurance policies because they offer steady returns and aren't tied to stock market ups and downs. The process was clear and well-verified, which gave me confidence. It's a great way to diversify my investments while also helping policyholders get value from policies they no longer continuing
Any individual or an entity can be an assignee in a pre-owned policy.
Assignee gets full rights to the policy benefits, except in case of death where sum assured is divided between the nominee of original life insured and assignee as per agreed formula.
No. Assignee is the new owner of the policy; however, life cover continues for the original life assured.
Insurance company will directly pay the proceeds in the assignee's account on maturity of the policy. However, if the assignee wants to liquidate the policy earlier, they will have to place a request with the insurance company or with The Policy Exchange.
Tax treatment remains the same as for a new policy. For example, all Non-unit linked policies issued prior to 1st April 2023 are completely tax-free provided they are compliant under section 10(10d) of the Income Tax Act.
No. It depends upon the underlying policy. Only Unit-linked Insurance Plans (ULIPs) have an option to invest in market-related funds. However, even for ULIPs, the entire corpus can be invested in a debt fund.
No. If it’s a non-unit linked policy, there is no impact of market fluctuation. Even for a Unit-linked policy, the entire corpus can be invested in a 100% debt fund.
It depends upon the underlying policy. Generally, the returns showcased are illustrative.
If the assignee's PAN is updated with the insurance company and the policy is section 10(10d) compliant, then there is no deduction.