Partha Pratim Chatterjee December 26, 2012 Share this interaction Share this Facebook 0 Twitter 0 I am a 55 year old working lady in the Government sector. I wish to purchase a term insurance of Rupees fifty lacs. I have no other member of my family but a son who lives separately with his wife and he is a working professional in the government sector. Can I make my son nominee for the insurance plan? Can I purchase it for 30 years?. Reply to this Response(s) MIC Staff October 16, 2018 : Answered in 5 Years 9 Months 19 Days Hi, You can purchase iTerm Plan from Aegon Religare, Bharti AXA Life Elite Secure Plan, Birla Sun Life Protector Plan, etc. for maximum till 75 years of age. Thus, you can take the plan for a maximum period of 20 years. You can surely nominate your son as he is your legal heir as well. There is no restriction. . Submit Reply to this Did you find this useful? 0 0
