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SHOCKING - _Lock the Clock_ I Niva Bupa
4 Views • Oct 21, 2024
Description
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Many people in the industry and customers are understanding "Lock the clock" feature offered by Niva Bupa as a constant premium scheme. Factually, the interpretation is quite wrong here. Lock the Clock locks your age, not your premium.
You bought the policy now. After 3 to 4 years, the company increases the premium under the product as experience emerges.
So at that time you will have to pay whatever premium according to your age at entry.
So, Lock The Clock ≠ Constant Premium
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