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If you want to discontinue your policy after the payment of premium for three years your policy will acquire surrender/ paid up value. This paid up value will be paid to you on maturity only if the policy is not reinstated In case of death of your death your beneficiary will get only guaranteed surrender value.
Based on your requirement you can choose the term of the policy as 5, 10, 15 or 20 years.
You can take the policy only for the maximum sum assured of Rs. 1, 00,000.
The above material is provided for general information only and does not constitute legal or other professional advice. This information is current at the date of publication but may be subject to change without notice and accordingly, may not be up to date at the time of viewing. Information specific to a product may be obtained from the Company.