The policy is a formal document which provides an evidence of the contract of insurance. This document has to be stamped in accordance with the provisions of the Indian Stamp Act, 1899
Moral hazard is the likelihood that a client's behaviour might change as a result of purchasing a life insurance policy and such a change would increase the chance of a loss.
Standard age proofs - School or college certificate, Birth certificate extracted from municipal records, Passport, PAN card, Service register, Certificate of baptism, Certified extract from a family bible if it contains the date of birth, Identity card in case of defence personnel, Marriage certificate issued by a Roman Catholic church
Non-standard age proofs - Horoscope, Ration card, An affidavit by way of self-declaration, Certificate from village panchayat
Money laundering is the process of bringing illegal money into an economy by hiding its illegal origin so that it appears to be legally acquired.
MODELEXAM® 
www.realsoftinfoplan.com