{"uin":"IRDAN125CP0018V01200304","name":"Mutual Fund Asset Protection","url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304","insurer":{"slug":"hdfc-ergo-general-insurance","name":"HDFC ERGO General Insurance Company Limited","url":"https://indiainsurances.com/insurer/hdfc-ergo-general-insurance"},"line":"general","category":"other-general","category_name":"Other general insurance","irdai_type":null,"kind":"product","status":"active","approved_on":"2003-11-09","withdrawn_on":null,"summary":"Mutual Fund Asset Protection is an indemnity liability policy for mutual funds, trustees, asset management companies and their directors, officers and employees. It covers claims anywhere in the world and requires written claim notice as soon as practicable, with a 60 day deadline after specified senior officers first become aware of the claim.","analysis":{"state":"machine","analysed_at":"2026-10-20 02:46:46.840951+00","note":"First pass: one AI reading; every stated fact carries a verbatim quote found in the cited clause, but it has not been reviewed. Check the clause before relying on it."},"facts":[{"key":"plan_variants","label":"Plans and variants","section":"Overview","meaning":"The named plans inside this product (not cover types or payout options). Facts can differ between them.","status":"not-stated","value":null,"display":null,"note":"No named plan variants are printed in the provided documents.","quote":null,"sources":[],"law":[]},{"key":"policy_term","label":"Policy term","section":"Eligibility","meaning":"How long one policy runs before it ends or must be renewed.","status":"not-stated","value":null,"display":null,"note":"The wording defines the Policy Period by reference to the period noted in the schedule, but the schedule period is not provided.","quote":null,"sources":[],"law":[]},{"key":"claim_intimation","label":"Claim intimation deadline","section":"Claims","meaning":"How soon you must tell the insurer about a claim or hospitalisation.","status":"quote-verified","value":"Written notice of any Claim must be given as soon as practicable, and no later than the earliest of 60 days after specified senior officers first become aware of the claim, 60 days after expiry or termination if not renewed and no Extended Reporting Period is purchased, or the expiration date of the Extended Reporting Period if purchased.","display":"As soon as practicable, but no later than the earliest of 60 days after awareness, 60 days after expiry or termination if not renewed and no Extended Reporting Period is purchased, or the expiration date of the Extended Reporting Period if purchased","note":null,"quote":"The Insured shall, as a condition precedent to exercising any right to coverage under this Policy, give to the Company written notice of any Claim as soon as practicable, but in no event later than the earliest of the following dates: ... a) sixty (60) days after the date on which any Insured Trustee’s or Insured Investment Manager’s chief executive officer, chief financial officer, in-house general counsel, president, managing director or chairperson first becomes aware that the Claim has been made; or ... b) if this Policy expires (or is otherwise terminated) without being renewed and if no Extended Reporting Period is purchased, sixty (60) days after the effective date of such expiration or termination; or ... c) the expiration date of the Extended Reporting Period, if purchased;","sources":[{"clause":"VI","heading":"REPORTING, NOTICE AND CLAIMS PROCEDURE","page":3,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-vi"},{"clause":"VI(a)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-vi-a"},{"clause":"VI(b)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-vi-b"},{"clause":"VI(c)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-vi-c"}],"law":[{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 20, 21","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_documents","label":"Claim documents","section":"Claims","meaning":"Documents the insurer asks for when you claim.","status":"quote-verified","value":["a description of the Claim or circumstances","the nature of any alleged Wrongful Acts","the nature of the alleged or potential damage","the names of all actual or potential claimants","the names of all actual or potential defendants","the manner in which such Insured first became aware of the Claim or circumstances","any and all documents relevant to such Claim or circumstances, including but not limited to internal or external records of any kind, correspondence, legal documents or other documents"],"display":"Written notice with claim details, alleged wrongful acts, damage, claimants, defendants, how the insured first became aware, and all relevant documents including records, correspondence and legal documents","note":null,"quote":"This written notice shall include:\n1. a description of the Claim or circumstances;\n2. the nature of any alleged Wrongful Acts;\n3. the nature of the alleged or potential damage;\n4. the names of all actual or potential claimants;\n5. the names of all actual or potential defendants; and\n6. the manner in which such Insured first became aware of the Claim or circumstances. D. In addition to and in support of the written notice of Claim or circumstances, the Insureds shall provide to the Company any and all documents relevant to such Claim or circumstances, including but not limited to internal or external records of any kind, correspondence, legal documents or other documents as the Company may deem necessary for the handling of the Claim.","sources":[{"clause":"VI(c)(ii)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-vi-c-ii"}],"law":[{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 17","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 23","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"claim_settlement_time","label":"Claim settlement time promised","section":"Claims","meaning":"How quickly the policy says a claim is decided or paid, and from when that is counted (intimation or last document).","status":"quote-verified","value":"The CIS says claim settlement or denial is T+30 days, where T is the date of receipt of last documents.","display":"Claim settlement / Denial = T+30 days (T = date of receipt of last documents)","note":"Stated in the Customer Information Sheet; the policy wording does not print a claim settlement time.","quote":"Turn Around Time (TAT) for claims settlement 1. Registration of claim – T +1 days 2. List of requirement – 7 days from registration 3. Claim settlement / Denial = T+30 days (T = date of receipt of last documents)","sources":[{"clause":"2","heading":"The Company shall pay on behalf of the Insured","page":2,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6942#c-2"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64UM(4) to (6)","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 10","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 15","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 16","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 22","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(i), V.3(ii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, V.3(iii)","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, V.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 23","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"The Motor Vehicles Act, 1988: Chapter XI, insurance of motor vehicles against third party risks","section":"Section 149","url":"https://indiainsurances.com/law/motor-vehicles-act-1988"}]},{"key":"exclusions_main","label":"Main exclusions","section":"Exclusions","meaning":"What the policy does not pay for, in the policy's own words.","status":"quote-verified","value":["written notice of such circumstance has been given under any policy of which this Policy is a renewal or replacement","any Demand, suit or other proceeding pending against, or order, decree or judgment entered for or against any Insured","brought or maintained by or on behalf of any of Insured or an Affiliated Person","bodily injury, emotional distress, mental anguish, sickness, disease or death of any person, or for damage to or destruction of any tangible property","Pollutants","the liability of a party, other than an Insured, assumed by an Insured pursuant to a contract","any breach of contract, if a judgment or other final adjudication adverse to such Insured establishes any intentional breach","employee benefit plan or trust established or maintained for the purpose of providing benefits to employees","any actions of any person acting as a Dealer for the Insured Mutual Fund","a Claim brought or maintained by any security holder of any Insured Trustee or Insured Investment Manager","the underwriting, securitising, syndicating, promoting, or market-making of any debt or equity security","insolvency, conservatorship, receivership, windingup, bankruptcy or liquidation of any bank or banking firm, investment company, investment banker or any broker or dealer","defamation, wrongful entry, eviction, false arrest, false imprisonment, malicious prosecution, assault or battery","any deliberately fraudulent act or omission or any willful violation of any statute ore regulation"],"display":"Prior notified circumstances; pending or prior demands, suits, proceedings, orders, decrees or judgments; insured or affiliated person claims; bodily injury or property damage; pollutants; assumed contractual liability; intentional breach of contract; employee benefit plan liabilities; dealer actions; security-holder claims; investment banking activities; counterparty insolvency; defamation and similar torts; fraudulent acts, wilful statutory or regulatory violations, or illegal profit","note":"The insured-versus-insured exclusion has listed exceptions in the policy wording.","quote":"1. based upon, arising from, or in consequence of any circumstance if written notice of such circumstance has been given under any policy of which this Policy is a renewal or replacement or which it may succeed in time;\n2. based upon, arising from or in consequence of any Demand, suit or other proceeding pending against, or order, decree or judgment entered for or against any Insured on or prior to the Pending or Prior Date set forth in the Item 6 of the Schedule, or the same or substantially the same fact underlying or alleged therein;\n3. brought or maintained by or on behalf of any of Insured or an Affiliated Person, except and to the extent that such Claim is: ... e) a Claim that is caused to be brought against the Insured Trustee or the Insured Investment Manager pursuant to Chapter VI of the Indian Companies Act, 1956, as amended.\n4. for bodily injury, emotional distress, mental anguish, sickness, disease or death of any person, or for damage to or destruction of any tangible property including loss of use thereof;\n5. based upon, arising from or in consequence of: ... a) any actual, alleged or threatened exposure to, or generation, storage,transportation, discharge, emission, release, escape, seepage, migration, dispersal, treatment, removal or disposal of any Pollutants; or ... 6. based upon, arising from or in consequence of the liability of a party, other than an Insured, assumed by an Insured pursuant to a contract, including without limitation any contract formed electronically pursuant to the Indian Information Technology Act 2000, as amended, or otherwise, exceptliability for Loss that the Insured would have had in the absence of such contract;\n7. based upon, arising from or in consequence of any breach of contract, if a judgment or other final adjudication adverse to such Insured establishes any intentional breach of such contract;\n8. for an actual, or alleged violation of the responsibilities, obligations or duties imposed by the U.S Employee Retirement Income Act of 1974, the Indian Employees Provident Fund and Miscellaneous Provisions Act, 1952, the Indian Employees State Insurance Act, 1948, the Indian Payment of Bonus Act, 1965, the Indian Payment of Gratuity Act, 1972, the Indian Maternity Benefits Act, 1961 and the Indian Factories Act, 1961, all as amended, or similar provisions of any country, state, territory or local law anywhere in the world, as respects any pension, profit sharing, health and welfare or other employee benefit plan or trust established or maintained for the purpose of providing benefits to employees of the Insured Trustee or Insured Investment Manager;\n9. based upon, arising from or in consequence of any actions of any person acting as a Dealer for the Insured Mutual Fund;\n10. based upon, arising from or in consequence of a Claim brought or maintained by any security holder of any Insured Trustee or Insured Investment Manager or any Affiliated Person thereof in their capacity as such; ... a) the underwriting, securitising, syndicating, promoting, or market-making of any debt or equity security or other evidence of indebtedness, or any loan or other extension of credit, or any other investment banking activity; ... 12. based upon, arising from, or in consequence of the insolvency, conservatorship, receivership, windingup, bankruptcy or liquidation of any bank or banking firm, investment company, investment banker or any broker or dealer in securities or commodities, or other such organisations of a similar nature, or the failure to pay or suspension of payment by such entities.\n13. for defamation, wrongful entry, eviction, false arrest, false imprisonment, malicious prosecution, assault or battery; ... a) the committing in fact of any deliberately fraudulent act or omission or any willful violation of any statute ore regulation by an Insured Trustee or Insured Investment Manager or by Insured Person; or ... b) an Insured having gained in fact any profit, remuneration or advantage to which such Insured was not legally entitled;","sources":[{"clause":"III","heading":"EXCLUSIONS","page":1,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-iii"},{"clause":"III(e)","heading":null,"page":2,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-iii-e"},{"clause":"III(a)","heading":null,"page":2,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-iii-a-2"},{"clause":"III(b)(ii)","heading":null,"page":2,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-iii-b-ii"},{"clause":"III(a)","heading":null,"page":2,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-iii-a-3"},{"clause":"III(d)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-iii-d-2"},{"clause":"III(a)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-iii-a-4"},{"clause":"III(b)","heading":null,"page":3,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-iii-b-4"}],"law":[{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 11","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 16","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"grievance","label":"Grievance route","section":"Claims","meaning":"Who to complain to first, as stated in the policy, before going to the Insurance Ombudsman.","status":"quote-verified","value":"First contact HDFC ERGO with grievance details by phone, email, designated branch grievance officer, website, courier, or the Complaint & Grievance Redressal Cell. If not satisfied, contact the Head of Customer Service at the C&G cell, and then the Chief Grievance Officer before approaching the Insurance Ombudsman.","display":"Contact HDFC ERGO grievance channels first; if not satisfied, contact Head of Customer Service, then the Chief Grievance Officer","note":null,"quote":"If you have a grievance that you wish us to redress, you may contact us with the details of your grievance through:\n• Contact us- 022 6158 2020/ 022 6234 6234\n• Emails – grievance@hdfcergo.com\n• Designated Grievance Officer in each branch.\n• Company Website – www.hdfcergo.com\n• Courier : Any of our Branch office or corporate office You may also approach the Complaint & Grievance (C&G) Redressal Cell at any of our branches with the details of your grievance during our working hours from Monday to Friday. If you are not satisfied with our redressal of your grievance through one of the above methods, you may contact our Head of Customer Service at The Complaint & Grievance Redressal Cell , HDFC ERGO General Insurance The Company Ltd. D-301,3rd Floor, Eastern Business District (Magnet Mall), LBS Marg, Bhandup (West), Mumbai – 400078, Maharashtra In case you are not satisfied with the response / resolution given / offered by the C&G cell, then you can write to the Chief Grievance Officer of the the Company at the following address ... To the Chief Grievance Officer\nHDFC ERGO General Insurance The Company Limited D-301, 3rd Floor, Eastern Business District (Magnet Mall), LBS Marg, Bhandup (West), Mumbai - 400078, Maharashtra e-mail: cgo @hdfcergo.com","sources":[{"clause":null,"heading":"GRIEVANCE REFRESSAL PROCEDURE","page":9,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-grievance-refressal-procedure"},{"clause":null,"heading":"To the Chief Grievance Officer","page":9,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-to-the-chief-grievance-officer"}],"law":[{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 3","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 4","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"Consumer Protection (Jurisdiction of the District Commission, the State Commission and the National Commission) Rules, 2021","section":"Rule 5","url":"https://indiainsurances.com/law/consumer-jurisdiction-rules-2021"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(11)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 2(42)","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 34","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Consumer Protection Act, 2019","section":"Section 69","url":"https://indiainsurances.com/law/consumer-protection-act-2019"},{"title":"The Insurance Act, 1938","section":"Section 38","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 12","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 19","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 20","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 13","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 2","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(5), 5(6)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 5(9)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 25","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.1","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, VI.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Para 26","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"IRDAI (Insurance Products) Regulations, 2024","section":"Schedule III, Para 11","url":"https://indiainsurances.com/law/irdai-products-regs-2024"},{"title":"Review of revision in premium rates under health insurance policies for senior citizens, 2025","section":"Para 3","url":"https://indiainsurances.com/law/irdai-senior-premium-2025"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 13","url":"https://indiainsurances.com/law/ombudsman-rules-2017"},{"title":"Insurance Ombudsman Rules, 2017","section":"Rule 14","url":"https://indiainsurances.com/law/ombudsman-rules-2017"}]},{"key":"perils","label":"What is covered","section":"Cover","meaning":"The events or risks covered.","status":"quote-verified","value":["MUTUAL FUND INDEMNIFICATION COVERAGE","TRUSTEES PROFESSIONAL INDEMNITY COVERAGE","INVESTMENT MANAGERS PROFESSIONAL INDEMNITY COVERAGE","INSURED INVESTMENT MANAGER OR INSURED TRUSTEE DIRECTORS’ AND OFFICERS’ LIABILITY AND COMPANY REIMBURSEMENT COVERAGE"],"display":"Mutual Fund Indemnification Coverage; Trustees Professional Indemnity Coverage; Investment Managers Professional Indemnity Coverage; Insured Investment Manager or Insured Trustee Directors’ and Officers’ Liability and Company Reimbursement Coverage","note":"Each coverage applies only if the claim is first made during the Policy Period or Extended Reporting Period, as applicable, and reported in the manner and time provided by the policy.","quote":"A MUTUAL FUND INDEMNIFICATION COVERAGE ... B TRUSTEES PROFESSIONAL INDEMNITY COVERAGE ... C INVESTMENT MANAGERS PROFESSIONAL INDEMNITY ... TRUSTEE DIRECTORS’ AND OFFICERS’ LIABILITY AND COMPANY REIMBURSEMENT COVERAGE","sources":[{"clause":"A","heading":"MUTUAL FUND INDEMNIFICATION COVERAGE","page":1,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-a"},{"clause":"B","heading":"TRUSTEES PROFESSIONAL INDEMNITY COVERAGE","page":1,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-b"},{"clause":"C","heading":"INVESTMENT MANAGERS PROFESSIONAL INDEMNITY","page":1,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-c"},{"clause":"D","heading":"INSURED INVESTMENT MANAGER OR INSURED","page":1,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-d"}],"law":[]},{"key":"deductible","label":"Deductible or excess","section":"Limits and co-pay","meaning":"Amount of each claim you bear.","status":"not-stated","value":null,"display":null,"note":"The wording states that the applicable Deductible Amount is set forth in Item 5 of the Schedule, but the actual amount is not printed in the provided documents. The CIS sample calculation is only an example.","quote":null,"sources":[],"law":[]},{"key":"cancellation_refund","label":"Cancellation by you","section":"Renewal and rights","meaning":"What you get back if you cancel during the year.","status":"quote-verified","value":"The insured can cancel at any time during the policy term by informing the company. The company refunds proportionate premium for the unexpired policy period, subject to no claims made during the policy period.","display":"Proportion premium for unexpired policy period, subject to no claim(s) made during the policy period","note":null,"quote":"The Insured can cancel the policy at any time during the policy term, by informing the Company. The Company can cancel the policy only on the grounds of established fraud, by giving minimum notice of 7 days to the Insured. The Company shall refund proportion premium for unexpired policy period subject to no claim(s) made during the policy period","sources":[{"clause":"H","heading":"TERMINATION OF POLICY","page":6,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-h"}],"law":[{"title":"The Insurance Act, 1938","section":"Section 64VB","url":"https://indiainsurances.com/law/insurance-act-1938"},{"title":"Master Circular on General Insurance Business, 2024","section":"Ch I, Para 8","url":"https://indiainsurances.com/law/irdai-general-mc-2024"},{"title":"Master Circular on Health Insurance Business, 2024","section":"Ch I Para 6","url":"https://indiainsurances.com/law/irdai-health-mc-2024"},{"title":"Master Circular on Life Insurance Products, 2024","section":"Chapter 1, Para 5","url":"https://indiainsurances.com/law/irdai-life-products-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 17","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Insurance Regulatory and Development Authority of India (Protection of Policyholders’ Interests, Operations and Allied Matters of Insurers) Regulations, 2024","section":"Reg 20(3) to 20(5)","url":"https://indiainsurances.com/law/irdai-ppi-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part A, III.2","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part B, IV.4","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"},{"title":"Master Circular on Protection of Policyholders' Interests, 2024","section":"Sec 1, Part C, IV.3","url":"https://indiainsurances.com/law/irdai-ppi-mc-2024"}]},{"key":"territory","label":"Where it covers","section":"Overview","meaning":"Geographic area of cover: India only, worldwide, or listed countries. 'As stated in the schedule' is not an answer.","status":"quote-verified","value":"Coverage extends to claims anywhere in the world.","display":"Claims anywhere in the world","note":null,"quote":"Coverage shall extend to Claims anywhere in the world.","sources":[{"clause":null,"heading":"K. TERRITORY, CHOICE OF LAW AND JURISDICTION","page":6,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-k-territory-choice-of-law-and-jurisdiction"}],"law":[]},{"key":"subject_covered","label":"What is insured","section":"Cover","meaning":"The thing or risk this policy covers.","status":"quote-verified","value":"The policy insures mutual fund-related liability interests, including the mutual fund, trustee, asset management company, and directors, officers and employees of the corporate trustee and/or investment manager. It covers loss from claims for wrongful acts in professional services under the listed indemnification, professional indemnity, and directors’ and officers’ liability/company reimbursement coverages.","display":"Mutual fund, trustee, asset management company, and directors, officers and employees, for loss from claims for wrongful acts in professional services","note":null,"quote":"4. | Interests Insured | • The Mutual Fund • The Trustee • The Asset Management Company • All Directors, officers and employees of the Corporate Trustee and/or Investment Manager (past, present and future) | NA ... The Company shall pay on behalf of the Insured Mutual Fund, Loss which the Insured Mutual Fund becomes obligated to pay as a result of indemnification provided to an Insured Trustee or an Insured Investment Manager pursuant to the Investment Management Agreement, common law or statutory law, on account of any Claim first made against the Insured Trustee or the Insured Investment Manager during the Policy Period or, if exercised, during the Extended Reporting Period, for a Wrongful Act in the performance of Professional Services","sources":[{"clause":"Row 4","heading":"Interests Insured","page":1,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6942#c-row-4"},{"clause":"A","heading":"MUTUAL FUND INDEMNIFICATION COVERAGE","page":1,"url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766#c-a"}],"law":[]}],"documents":[{"kind":"wording","label":"Mutual Fund Asset Protection","pages":12,"fetched_at":"2026-10-17 19:50:34+00","source_url":"https://customer-portal-assets.hdfcergo.com/documents/mutual-fund-asset-protection-insurance-policy-261902980216.pdf","url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6766"},{"kind":"prospectus","label":"Mutual Fund Asset Protection","pages":6,"fetched_at":"2026-10-17 19:48:13+00","source_url":"https://customer-portal-assets.hdfcergo.com//documents/1-mutual-fund-asset-protection---prospectus-506016124888.pdf","url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6670"},{"kind":"cis","label":"Mutual Fund Asset Protection","pages":5,"fetched_at":"2026-10-16 04:12:03+00","source_url":"https://customer-portal-assets.hdfcergo.com/assets/v2/docs/default-source/downloads/cis/liability/mutual-fund-asset-protection/mutual-fund-asset-protection-634044292076.pdf","url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6583"},{"kind":"cis","label":"Mutual Fund Asset Protection","pages":6,"fetched_at":"2026-10-17 19:46:06+00","source_url":"https://customer-portal-assets.hdfcergo.com//documents/mutual-fund-asset-protection-651130524885.pdf","url":"https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304/document/6942"}],"versions":[{"uin":"GEN101","version":null,"approved_on":null},{"uin":"IRDAN125CP0018V01200304","version":null,"approved_on":null}],"where_to_buy":[{"purpose":"buy","kind":"insurer","name":"HDFC ERGO General Insurance official website","url":"https://www.hdfcergo.com/","note":"Buy directly from the insurer."},{"purpose":"buy","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."}],"claims_and_complaints":[{"purpose":"claim","kind":"insurer","name":"Claim intimation and process","url":"https://www.hdfcergo.com/claim/register-bike-insurance-claim/cashless-claims","note":null},{"purpose":"claim","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"grievance","kind":"insurer","name":"Grievance redressal","url":"https://www.hdfcergo.com/customer-voice/grievances","note":null},{"purpose":"grievance","kind":"official","name":"Bima Bharosa (IRDAI grievance portal)","url":"https://bimabharosa.irdai.gov.in/","note":"Register and track a complaint against any insurer with IRDAI. Complain to the insurer first; escalate here if the reply is late or unsatisfactory."},{"purpose":"grievance","kind":"official","name":"e-Daakhil (consumer commission e-filing)","url":"https://edaakhil.nic.in/","note":"Not reachable from our crawler on 2026-10-19; use e-Jagriti if this link does not open."},{"purpose":"grievance","kind":"official","name":"e-Jagriti (consumer commission filing)","url":"https://e-jagriti.gov.in/","note":"Ministry of Consumer Affairs platform for consumer commission cases, a route for insurance disputes that the Ombudsman does not settle."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Ahmedabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Gujarat, Dadra & Nagar Haveli, Daman and Diu. Email: oio.ahmedabad@cioins.co.in. Phone: 079 - 25501201/02. Address: Office of the Insurance Ombudsman, Jeevan Prakash Building, 6th floor, Tilak Marg, Relief Road, AHMEDABAD – 380 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bengaluru","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Karnataka. Email: oio.bengaluru@cioins.co.in. Phone: 080 - 26652048 / 26652049. Address: Office of the Insurance Ombudsman, Jeevan Soudha Building,PID No. 57-27-N-19 Ground Floor, 19/19, 24th Main Road, JP Nagar, Ist Phase, Bengaluru – 560 078."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhopal","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Madhya Pradesh, Chhattisgarh. Email: oio.bhopal@cioins.co.in. Phone: 0755 - 2769201 / 2769202 / 2769203. Address: Office of the Insurance Ombudsman, 1st floor,\"Jeevan Shikha\", 60-B,Hoshangabad Road, Opp. Gayatri Mandir,Arera Hills Bhopal – 462 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Bhubaneswar","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Odisha. Email: oio.bhubaneswar@cioins.co.in. Phone: 0674 - 2596461 /2596455/2596429/2596003. Address: Office of the Insurance Ombudsman, 62, Forest park, Bhubaneswar – 751 009."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chandigarh","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Punjab, Haryana (excluding Gurugram, Faridabad, Sonepat and Bahadurgarh), Himachal Pradesh, Union Territories of Jammu & Kashmir,Ladakh & Chandigarh. Email: oio.chandigarh@cioins.co.in. Phone: 0172-2706468. Address: Office Of The Insurance Ombudsman, Jeevan Deep Building SCO 20-27, Ground Floor Sector- 17 A, Chandigarh – 160 017."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Chennai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Tamil Nadu, PuducherryTown and Karaikal (which are part of Puducherry). Email: oio.chennai@cioins.co.in. Phone: 044 - 24333668 / 24333678. Address: Office of the Insurance Ombudsman, Fatima Akhtar Court, 4th Floor, 453, Anna Salai, Teynampet, CHENNAI – 600 018."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Delhi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Delhi & following Districts of Haryana - Gurugram, Faridabad, Sonepat & Bahadurgarh. Email: oio.delhi@cioins.co.in. Phone: 011 - 46013992/23213504/23232481. Address: Office of the Insurance Ombudsman, 2/2 A, Universal Insurance Building, Asaf Ali Road, New Delhi – 110 002."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Guwahati","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Assam, Meghalaya, Manipur, Mizoram, Arunachal Pradesh, Nagaland and Tripura. Email: oio.guwahati@cioins.co.in. Phone: 0361 - 2632204 / 2602205 / 2631307. Address: Office of the Insurance Ombudsman, Jeevan Nivesh, 5th Floor, Near Pan Bazar , S.S. Road, Guwahati – 781001(ASSAM)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Hyderabad","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Andhra Pradesh, Telangana, Yanam and part of Union Territory of Puducherry. Email: oio.hyderabad@cioins.co.in. Phone: 040 - 23312122 / 23376991 / 23376599 / 23328709 / 23325325. Address: Office of the Insurance Ombudsman, 6-2-46, 1st floor, \"Moin Court\", Lane Opp.Hyundai Showroom , A. C. Guards, Lakdi-Ka-Pool, Hyderabad - 500 004."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Jaipur","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Rajasthan. Email: oio.jaipur@cioins.co.in. Phone: 0141- 2740363. Address: Office of the Insurance Ombudsman, Jeevan Nidhi – II Bldg., Gr. Floor, Bhawani Singh Marg, Jaipur - 302 005."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kochi","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Kerala, Lakshadweep, Mahe-a part of Union Territory of Puducherry. Email: oio.ernakulam@cioins.co.in. Phone: 0484 - 2358759. Address: Office of the Insurance Ombudsman, 10th Floor, Jeevan Prakash,LIC Building, Opp to Maharaja's College Ground,M.G.Road, Kochi - 682 011."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Kolkata","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: West Bengal, Sikkim, Andaman & Nicobar Islands. Email: oio.kolkata@cioins.co.in. Phone: 033 - 22124339 / 22124341. Address: Office of the Insurance Ombudsman, Hindustan Bldg. Annexe, 7th Floor, 4, C.R. Avenue, KOLKATA - 700 072."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Lucknow","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Districts of Uttar Pradesh : Lalitpur, Jhansi, Mahoba, Hamirpur, Banda, Chitrakoot, Allahabad, Mirzapur, Sonbhabdra, Fatehpur, Pratapgarh, Jaunpur,Varanasi, Gazipur, Jalaun, Kanpur, Lucknow, Unnao, Sitapur, Lakhimpur, Bahraich, Barabanki, Raebareli, Sravasti, Gonda, Faizabad, Amethi, Kaushambi, Balrampur, Basti, Ambedkarnagar, Sultanpur, Maharajgang, Santkabirnagar, Azamgarh, Kushinagar, Gorkhpur, Deoria, Mau, Ghazipur, Chandauli, Ballia, Sidharathnagar. Email: oio.lucknow@cioins.co.in. Phone: 0522 - 4002082 / 3500613. Address: Office of the Insurance Ombudsman, 6th Floor, Jeevan Bhawan, Phase-II, Nawal Kishore Road, Hazratganj, Lucknow - 226 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Mumbai","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: List of wards under Mumbai Metropolitan Region excluding wards in Mumbai – i.e M/E, M/W, N , S and T covered under Office of Insurance Ombudsman Thane and excluding areas of Navi Mumbai. Email: oio.mumbai@cioins.co.in. Phone: 022 - 69038800/27/29/31/32/33. Address: Office of the Insurance Ombudsman, 3rd Floor, Jeevan Seva Annexe, S. V. Road, Santacruz (W), Mumbai - 400 054."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Noida","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Uttarakhand and the following Districts of Uttar Pradesh: Agra, Aligarh, Bagpat, Bareilly, Bijnor, Budaun, Bulandshehar, Etah, Kannauj, Mainpuri, Mathura, Meerut, Moradabad, Muzaffarnagar, Oraiyya, Pilibhit, Etawah, Farrukhabad, Firozbad, Gautam Buddh nagar, Ghaziabad, Hardoi, Shahjahanpur, Hapur, Shamli, Rampur, Kashganj, Sambhal, Amroha, Hathras, Kanshiramnagar, Saharanpur. Email: oio.noida@cioins.co.in. Phone: 0120-4027589. Address: Office of the Insurance Ombudsman, Bhagwan Sahai Palace 4th Floor, Main Road, Naya Bans, Sector 15, Distt: Gautam Buddh Nagar, U.P-201301."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: offices and jurisdiction","url":"https://www.cioins.co.in/Ombudsman","note":"Addresses, phone numbers, e-mail and the states or districts each Ombudsman office covers."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Patna","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Bihar, Jharkhand. Email: oio.patna@cioins.co.in. Phone: 0612-2547068. Address: Office of the Insurance Ombudsman, 2nd Floor, Lalit Bhawan, Bailey Road, Patna 800 001."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Pune","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: State of Goa and State of Maharashtra excluding areas of Navi Mumbai, Thane district,Palghar District, Raigad district & Mumbai Metropolitan Region. Email: oio.pune@cioins.co.in. Phone: 020-24471175. Address: Office of the Insurance Ombudsman, Jeevan Darshan Bldg., 3rd Floor, C.T.S. No.s. 195 to 198, N.C. Kelkar Road, Narayan Peth, Pune – 411 030."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman: register a complaint online","url":"https://cioins.co.in/Complaint/Online","note":"Council for Insurance Ombudsmen. Free. For disputes with an insurer after its own grievance process; the office is chosen by where you live (see the offices list)."},{"purpose":"grievance","kind":"official","name":"Insurance Ombudsman, Thane","url":"https://www.cioins.co.in/Ombudsman","note":"Covers: Area of Navi Mumbai, Thane District, Raigad District, Palghar District and wards of Mumbai , M/East, M/West, N, S and T. Email: oio.thane@cioins.co.in. Phone: 022-20812868/69. Address: Office of the Insurance Ombudsman, Jeevan Chintamani Building, 2nd Floor,Near New RTO Office, Louis Wadi,Vasantrao Naik Mahamarg, Thane (West)- 400604."},{"purpose":"grievance","kind":"official","name":"National Consumer Helpline","url":"https://consumerhelpline.gov.in/public/","note":"Government consumer helpline; can take up a complaint before you go to a consumer commission."},{"purpose":"port","kind":"ours","name":"Get free help from IndiaInsurances","url":"/help","note":"Free. We do not sell insurance and earn no commission; your request is not passed to anyone."},{"purpose":"renew","kind":"insurer","name":"Renew car insurance","url":"https://www.hdfcergo.com/renew-car-insurance","note":null}],"notice":"Information, not advice. IndiaInsurances is not an insurer or an insurance intermediary, does not sell insurance and earns no commission. Policy terms change and your own policy schedule can differ: always confirm with the policy document and the insurer before you buy or claim.","cite_as":"Mutual Fund Asset Protection (UIN IRDAN125CP0018V01200304), IndiaInsurances, https://indiainsurances.com/policy/hdfc-ergo-general-insurance/mutual-fund-asset-protection-irdan125cp0018v01200304"}