Well,
The plan offers the option to reduce the premiums from the 2nd year onwards, however the client needs to give the request for the same atleast 30 days prior to the next renewal due.
The sum Assured cannot be Increase during the policy term. However the same will be increased if the Top-Up premium amount paid till date exceeds 25% of the total premium pail till date (As per administrative guidelines).
Answered by
Seema
, an ibibo Master,
at
6:42 PM on November 26, 2008