Benefits of Jeevan Anurag A grace period of one month but not less than 30 days will be allowed for payment of yearly, half-yearly or quarterly premiums and 15 days for monthly premiums. If some one is not satisfied with the plan he/ she can return the policy within 15 days Paid up value: If the three premiums have been paid, any successive premium will be not duly paid, this policy should not be completely null, but the Sum Assured by it should be condensed to such a Sum, is known as paid up value. This policy must be free from all the responsibility for payment of stated premium, but should not be permitted to the future bonuses. If the policy is in lapsed condition then the rider benefits will be ceased.
Posted on: Fri, 28 Jun 2013 07:19:04 +0000
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