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Waiting period is the time you have to wait before you can get a payout from your life insurance policy. The waiting period is set by the insurer and can vary depending on factors such as what type of life insurance policy you have, the level of cover and how much it costs.
The waiting period is a measure that insurers use to control their risk. It means that if you die within this time limit, your beneficiaries won't be able to make a claim on your policy.
Also read to know more about Max Life Insurance: Premium Receipts, Surrender Value, Auto Pay
To check the fund value of your LIC (Life Insurance Corporation of India) life insurance policy online, follow these steps:
To download an Edelweiss Tokio life insurance policy statement, you typically need to follow the below steps.
To download a Canara HSBC OBC life insurance policy statement, you typically need to follow the below steps.
To download a Bharti AXA life insurance policy statement, you typically need to follow the below steps.
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