Now that LIC has come out with an option to revoke the exercised option within 15 days of premiums for 2016-17 being released, the enhanced cover cannot be considered as forced marketing.
Pensioners are mature enough to decide whether to go for enhanced cover or decide after opting for it,whether to continue with the option after knowing the premium for increased cover.
Greetings.
C H Mahadevan
C H Mahadevan