Generally speaking, the minimum age of entry for life insurance plans like term plans and whole life plans is 18 years. The maximum age of entry ranges from 65 to 69 years, depending on the type of plan and insurer.

If you’re looking to insure a child younger than 18 years, then you can consider special types of insurance plans known as child insurance plans. Child insurance plans help you plan your child’s future by offering you financial support at various key stages of your child’s life like - high school, college, university, marriage, business, etc. Child plans are available from the time your child is born. The minimum age of entry for child plans range from 3 months to 1 year depending on the type of plan.

It’s always recommended that you start a life insurance plan as early as possible. Starting early helps you save big on the costs of premium, as the premium increases with age. Additionally, when you start early, you enjoy the power of compounding, helping you build a bigger corpus over the years.

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