Changes to Sum Insured on Renewal. i. Wherever the Sum Insured is reduced on any Policy Renewals, the Waiting Periods as defined under Section 7 shall be waived only up to the lowest Sum Insured of the last 48/24 consecutive months as applicable to the relevant Waiting Periods of the Plan opted.
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Samples: epochbrokers.com, old.irdai.gov.in, irdai.gov.in
