Insurance referral terms
How the Society refers you to its insurer partners, and what it does not do.
Version 1, in force from 3 November 2026.
This wording is awaiting the Society’s legal review and may change. Any change is published here as a new version, and the interest rate agreed on a term deposit never changes for its term.
What the Society does
- The Society introduces members to licensed insurers and their agents, and passes on your request for a quote with your consent.
- The Society does not underwrite insurance, decide claims or hold your premium. Your contract is with the insurer, on the policy's terms.
Your information
The Society shares the details you give it for the quote with the insurer partner you choose, for that purpose only.
Commission
The Society may receive a commission or referral fee from the insurer. It does not change the premium you pay.
The Society and these terms
Yashodhan Co-operative Credit Society Limited (the Society) is registered under the Maharashtra Co-operative Societies Act, 1960. These terms sit alongside that Act, the rules made under it and the Society's bye-laws; where they differ, the Act, the rules and the bye-laws prevail. The Society may change these terms; a change is published here as a new version and applies from the date shown, except that the interest rate agreed on a term deposit does not change for its term.
Your details
- Keep your address, mobile number, email address and nominee up to date with your branch.
- The Society relies on the KYC documents you give it, and may ask for them again as the law requires.
- The Society sends alerts, receipts and statements to the mobile number and email address it holds for you. Tell your branch within 30 days if an entry looks wrong.
Disputes
Disputes are settled as the Maharashtra Co-operative Societies Act, 1960 provides. Courts at the place of the Society's registered office have jurisdiction.