The proposer of
this plan can be the parent, legal guardian or a near relative of the child who
is the life assured. The policy term is divided into two periods- one from the
date of commencement of policy to the deferred date and the other is the period
from the deferred date to the maturity date. The life cover starts with the
start of the second stage. Deferment date can either be the policy anniversary
date which coincides when child completes 21 years or 18 years, depending upon
the plan type chosen. You can pay the premiums on an yearly, half- yearly,
quarterly or monthly basis.
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| Email us for new LIC: support@licindiaagent.com |
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