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Premiums will be reduced up to 50% of the original annual premium after you make the payment of the full five years’ premium.(Getty Images)

Your life insurance plans get tweaked

Hindutan Times, Mumbai | By Revati Krishna, Mumbai
PUBLISHED ON JUL 22, 2019 12:14 PM IST
The revival period has been increased to three years in case of unit-linked products and five years in case of non-linked products from two years. The revival period is the period offered by insurers to revive the policy after you missed paying the premiums after the policy lapses and also during the grace period.
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