@RequestBody is getting null values

Check the @RequestBody import that will cause the problem.

It should be --> import org.springframework.web.bind.annotation.RequestBody;

Setter would have been missed. So, Object values do not get set.

Try setting the first character of the properties in your JSON to lower case. Eg.

{
    "policyNumber": "123",
    "type": "Test",
    "tenture": "10",
    "sDate": "10-July-2016",
    "hName": "Test User",
    "age": "10"
}

Basically, Spring uses getter and setter to set the properties of the the bean object. And it takes the property of the JSON object, matches it with the setter of the same name. eg to set the policyNumber property it tries to find a setter with the name setpolicyNumber() in your bean class and use that to set the value of your bean object.