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National Life has introduced 'Baal Amrit-4 Term Insurance Policy'. According to the insurance, there is a provision in the insurance article that the entry age of the insured is a minimum of 1 month and a maximum of 15 years, and the age of the proposer is a minimum of 20 years and a maximum of 50 years.
This insurance article must have father, mother or legal guardian as proposer. According to the company, the insurance amount can be taken as minimum 1 lakh and maximum up to 50 lakh rupees depending on the source of income.
The company says that this insurance article will also cover the risk of the proposer. In this article, the insurance fee can be paid monthly, quarterly, semi-annually and annually, the company said. The maximum insurance termination age in this insurance article plan will be 70 years.
