Insurance can be taken in the lives of children who are minor. the proposal must be made by parents or giardian.
· In these plans, the risk in the child's li8fe assured only when the child reaches a certain age. practice vary widely. the gap of time between the start date of the policy and thepolitics of politics and the beginning of the risks is called "DEFRENMENT PERIOD '. If the child is 6 years old when the policy is taken and the insurance coverage is to beginwhen the child is 15, the deferral period is 9 years. the date on which the risk starts atthe end of the deferment period is called "postpone the date" the date will be delayedan anniversary of the policy. ages are reckoned as follows, birthday nearest as last birthday, in practice on a par with the insurer.
· There is no insurance coverage during the deferment period. if the child dies during the deferral period, the premium is retured, the risk will automatically start on the datedeferred without any medical examination.
· The age of acquisition of rights can not be earlier than 18. this is because there can be no valid contract with a minor. deferred date however, can be fixed without anylimitation. deferred date and the date of transfer need not be the same.
· In these plans, the risk in the child's li8fe assured only when the child reaches a certain age. practice vary widely. the gap of time between the start date of the policy and thepolitics of politics and the beginning of the risks is called "DEFRENMENT PERIOD '. If the child is 6 years old when the policy is taken and the insurance coverage is to beginwhen the child is 15, the deferral period is 9 years. the date on which the risk starts atthe end of the deferment period is called "postpone the date" the date will be delayedan anniversary of the policy. ages are reckoned as follows, birthday nearest as last birthday, in practice on a par with the insurer.
· There is no insurance coverage during the deferment period. if the child dies during the deferral period, the premium is retured, the risk will automatically start on the datedeferred without any medical examination.
· The age of acquisition of rights can not be earlier than 18. this is because there can be no valid contract with a minor. deferred date however, can be fixed without anylimitation. deferred date and the date of transfer need not be the same.
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