After three years you can stop paying premiums, but I recommend that if you don't need the money, keep it in the policy until you need it (so you incur less exit costs)
It has a 10 year lock in period (you have to pay a penalty for exiting earlier ranging from 30% in the third year to 10% in the ninth year).2. If he redeem the policy how much will he get (Units:5946.31510), is there any charges after giving 03 consecutive premium at the time of redemption.
By Goutam Bandyopadhyay via email






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