Terms & Conditions
{My Care Registration}
(1)-Participation in the My Care system is optional & purely free (without any investment in My Care). (2)-“IBP / promoter / associates” is an independent representative and who has no authority to bind the company to any obligations. The relationship between a sales promoter / Associates / IBP and My Care Co. is establish only by this agreement and the sales promoter / associates / IBP / is neither an employee / franchisee or any other legal representative of My Care Co. or its service providers.(3)-All the benefits / incentive / commission are payable by account payee cheque / pay direct card / ECS / bank account. Payment of less than Rs.500/-is accumulated.(4)-The company shall not be responsible f or delays and failures in perf ormance here under, where perf ormance is made commercially impractical due to normal circumstances beyond and failure of either parties usual source of supply, government decrees or order. (5)-This agreement shall be governed, construed and enf orced in accordance with the law of India, without regard to conflicts of laws. The parties agree to the exclusive jurisdiction and venue of the civil courts of Delhi f or the resolution of all disputes arising under this agreement. (6)-Company is not liable for any claim, cost, damage due to the misrepresentation of IBP/sales promoter/associate about the quality, performance or availability of the company products and services. (7)-The promoter/associates/IBP will get the commissions/ incentives in accordance with the performance of the company i.e. Lower the perf romance , Lower the commission/incentive & higher the performance, higher the commission/incentive. (8)-Company shall have the absolute rights to make any amendments, if necessary, at any time and I/we shall always abide by such changes. (9)-W e (promoter/associates/IBP) have to handle our tax matters on our own and company (My Care) shall not be responsible towards our tax liability during our association/relation with the company. (10)-The company shall have the absolute discretion to terminate a membership / sales promoter / distributor / advisor/associates / IBP in the event of the company’s having reasonable ground for believing that I/we have breached any provision of this agreement ,rules and regulations, policies or procedures. (11)-The amount paid by me is towards the purchase of the af orementioned product/service and is towards subscription/ consultancy f ee and theref ore, I/we have no right to claim any interest or return on the same. I understand that I cannot claim refund once I purchased the product/services. (12)- The person who has ref erred these product/services to me is not an employee of the My Care company, and the My Care company is not liable for any of his/her representations to me, if they are found to be contrary to the website or official publications of the company.(13)-In case of dishonouring of cheque / demand draft / pay order, and then the associates / promoter / IBP, the My Care code gets cancelled / void.(14)-Company will not be liable to the associates / promoter / advisor / IBP for any loss of business/ profits / revenue / goodwill / anticipated savings used or contracts or for any indirect or consequential loss however it arises.(15)-If any stage it is found that its IBP / associates / distributor / agent/promoter has given false information or it is found that the associates/ distributor/ promoter / IBP is involved in any criminal case or he/she is of unsound mind/health, his/her application/ registration can be rejected/cancelled by board member of the company, and in that case registration amount will be not be refunded and his/her some would deleted from his/her up line sponsor company.(16)-In any case, only Delhi Courts will have territorial jurisdiction to entertain any controversy with regard to the reference of dispute to arbitration clause. In any criminal proceeding also, only Delhi Court will have territorial jurisdiction. (17)-Any dispute out of the interpretation or construction of the appointment made here under shall first sought to be settled amicably, through discussions, deliberations, f ailing then the court of Delhi shall have exclusive jurisdiction to try the matter.(18)-My Care Company reserves the right to terminate this agreement (a) At any time without assigning any reasons; (b) Immediately in the event of breach of any of the terms and conditions or any applicable law including those prescribed by DMC, MCI, SEBI, AMFI. (19)-The company is authorized to add / terminate or change any product/service or all the terms and conditions at its own discretion at any time without prior intimation/notice. (20)-No warranties /no guarantee/no funding/no discounting or undertaking or given by company which are not specifically mentioned herein. (21)-The company reserves the right to make any changes, amendments or alteration in design, nature content, description, range, scheme, promotional offers and formulations of the product and services provided by the company, including any changes in the marketing strategy, compensations/ incentives/ commissions plan, policies and procedure from time to time as the company may deed fit and necessary to do so. (22)-All the above terms and conditions are applicable f or everybody including/ nominee / beneficiary.
Risk Factors: All Life Insurance (ULIP), Mutual Funds, IPO’s. & Securities investments are subject to market risk and there can be no assurance that the schemes’ objectives will be achieved. As with any investment in Life Insurance, Mutual Funds, IPO’s. & securities, the NAV of the Units issued under the Scheme can go up or down depending on the factors and forces affecting the capital markets. Past performance of the Life Policy-ULIP, Mutual Funds & its Scheme(s) does not indicate the future performance of the Scheme and may not necessarily provide a basis of comparison with other investments. Investment in Lif e Insurance, Mutual Fund Units involves investment risks such as trading volumes, settlement risk, liquidity risk, def ault risk including the possible loss of principal. As the price/ value / interest rates of the securities in which the scheme invests fluctuate, the value of your investment in the scheme may go up or down. Investors are not being offered any guaranteed / assured returns under all / any Life Insurance, Mutual Funds & securities scheme of Any Company, There is no assurance or guarantee with regards to the rate of growth / dividend / bonus / distribution nor will that dividends be paid regularly f or the schemes of any Company. Investors should be aware that the fiscal Rules / Tax Laws may change and there can be no guarantee that the current tax position may continue indefinitely. In view of individual nature of tax consequences, each i n v e s t o r is advised t o consult his / her own Prof essional Financial Advisor/ Financial Planner. I have gone through the above terms and conditions and I am fully satisfied / agreed to them for my enrolment into the My Care System. I have also filled the application form properly & signed at proper place.
