1692. Which one of the following statements is true with regard to Children’s policies?

On vesting, the insured person has an option to change the term of the policy
On vesting the insured person has an option to increase the SA
Both the statements above are wrong
Both the statements above are correct
✅ The correct answer is C.
On vesting, the insured person doesnt have an option to change the term of the policy and to increase the SA.

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