Free Tool
Paste any clause or upload your policy PDF and get a plain-English explanation — with exclusions, red flags, and free-look period highlighted. No email required.
Just bought a policy? IRDAI gives you 15-30 days to review and return it. Upload your policy PDF to understand what you signed before your free-look window closes.
The Policy Decoder is a free AI-powered tool that translates insurance policy language into plain English. If you have ever received a term insurance policy document and felt overwhelmed by the dense legal clauses, exclusion lists, and fine-print conditions, this tool is built for you. Simply paste any clause or section from your policy, and the decoder breaks it down into a clear, colour-coded summary: what is covered, what is excluded, important deadlines, and any red flags you should know about.
No sign-up or email is needed. The tool does not store your policy text after analysis. It is designed for the moment you first receive your policy document — especially during the IRDAI-mandated free-look period — so you can make an informed decision about whether to keep the policy or return it.
Think of it as having a knowledgeable friend who has read hundreds of insurance policies sit beside you and explain each section in everyday language. The decoder highlights the parts that matter most — particularly exclusions and waiting periods that insurers are required to disclose but often bury in complex phrasing.
The free-look period is an IRDAI-mandated window during which you can review your newly purchased life insurance policy and return it for a full refund (minus stamp duty and medical examination charges) if you are not satisfied with the terms. For policies sold through agents or bank branches, this window is 15 days from the date you receive the policy document. For policies sold online or through distance marketing (phone, email), it is 30 days.
This is the single most important consumer protection in Indian insurance regulation — and most policyholders do not use it. According to IRDAI data, fewer than 2% of life insurance policies are returned during the free-look window. The primary reason? People do not read or understand their policy documents in time.
The Policy Decoder is specifically designed around this moment. If you enter your purchase date, it calculates exactly how many days remain in your free-look window. If the pasted text contains a free-look clause, the decoder highlights it prominently. If it does not, the tool reminds you where to find it in your policy schedule.
The free-look period is your right as a policyholder. Use it wisely — and use this tool to understand what you signed before the window closes. For a complete guide, read our article on the free-look period in term insurance.
The decoder works best with specific clauses or sections from your policy document. Here are the types of text that produce the most useful results:
Every term insurance policy lists situations where the death benefit will not be paid. These typically include suicide within the first year, death due to participation in hazardous activities, and deaths related to undisclosed pre-existing conditions. Pasting the exclusion section helps you understand exactly what is not covered.
IRDAI mandates that if the policyholder dies by suicide within 12 months of policy inception, only a refund of premiums paid (minus expenses) is payable — not the full sum assured. Some policies extend this to 24 months. The decoder explains the specific terms in your policy.
This section details your right to return the policy. The decoder identifies the duration, conditions for return, and any deductions that apply. If your pasted text includes a free-look clause, the decoder highlights it with a prominent green card.
Some policies have waiting periods for specific conditions or rider benefits. For example, a critical illness rider may have a 90-day waiting period from the policy start date. The decoder flags these deadlines clearly.
Term policies may offer lump-sum payouts, monthly income options, or a combination. The conditions under which each applies — and the documentation your nominee needs to file a claim — are critical to understand. The decoder simplifies these into actionable points.
These sections govern who receives the benefit and whether the policy can be transferred. Understanding assignment is especially important if you have taken a home loan where the lender requires policy assignment as collateral.
The decoder organises its analysis into colour-coded sections so you can quickly identify what matters most. Here is what each section means:
A green card appears if the decoder detects a free-look period clause in your text, showing the duration and a countdown if you entered a purchase date. An amber card appears if no free-look terms were found — this does not mean your policy lacks a free-look period, only that it was not in the specific text you pasted. Check your policy schedule page.
Lists what is covered by the clause you pasted. This helps confirm the benefits and protections your policy provides.
Lists what is not covered. Pay close attention here — exclusions are the most common source of claim rejections. If an exclusion surprises you, discuss it with your insurer or agent before the free-look period ends.
Waiting periods, renewal dates, grace periods, and other time-sensitive information. Missing a deadline — especially a premium payment grace period — can result in policy lapse.
Unusual, restrictive, or potentially unfair clauses that you should review carefully. A red flag does not necessarily mean the clause is illegal — it means it deserves extra scrutiny. If you see red flags, consider consulting the insurer for clarification or seeking independent advice before your free-look window closes.
Important: The Policy Decoder provides educational analysis only. It does not constitute legal or financial advice. Always verify critical terms directly with your insurer, especially before making decisions about keeping or returning a policy.
Yes. The Policy Decoder is free to use with no sign-up, email gate, or hidden charges. You can decode up to 5 clauses every 10 minutes. We built this tool because we believe every policyholder deserves to understand what they signed.
No. The tool requires only the policy text you paste and an optional purchase date. We do not ask for your name, email, phone number, policy number, or any personally identifiable information.
No. The text you paste is sent to the analysis engine, processed, and the result is returned to your browser. We do not store your policy text on our servers after the analysis is complete. No part of your input is shared with third parties, advertisers, or insurers.
The decoder uses a specialised AI model trained on insurance terminology. It is highly accurate at identifying standard policy clauses, exclusions, and terms. However, it is not a substitute for professional legal advice. For critical decisions — especially about returning a policy during the free-look period — we recommend verifying the decoder's output with your insurer or a qualified insurance advisor.
The tool accepts up to 3,000 characters per analysis (roughly 1-2 pages of text). For best results, paste one specific section at a time — such as the exclusion clause, the free-look period section, or the payout conditions. You can run multiple analyses by clicking "Decode Another Clause" after each result.
Yes. Switch to the "Upload PDF" tab and select your policy document (PDF format, up to 4MB). The tool extracts all text from the PDF and analyses the full document, giving you a comprehensive breakdown of coverage, exclusions, important dates, and red flags. This works best with digitally-generated PDFs (the kind most insurers email you). Scanned or image-based PDFs may not extract properly; in that case, paste the text manually instead. Your PDF is not stored after analysis.
Red flags highlight clauses that deserve extra attention — they may be unusual restrictions, ambiguous terms, or conditions that could affect a future claim. If a red flag surprises you, take these steps: (1) note the specific clause and page number from your policy, (2) call your insurer's customer service and ask them to explain the clause in plain language, and (3) if the explanation is unsatisfactory and you are within your free-look period, consider returning the policy for a full refund.