Section 22 in Insurance Regulatory and Development Authority of India (Unit Linked Insurance Products) Regulations, 2019
22. Options on Vesting.
- On the date of vesting, options available under Regulation 21 (b) above shall be available to the policyholder. In addition, the policyholder will also have the option to extend the accumulation period or deferment period within the same policy with the same terms and conditions as the original policy provided the policyholder is below an age of 60 years.
