Different insurance plans have a different coverage tenure. The tenures of various plans include the following –
- Life insurance – 5 years to 35 years
- Health insurance – 1 year to 3 years
- Bike insurance – third party plans – 1 year to 5 years; comprehensive plans – 1 year to 3 years or 5 years
- Car insurance – third party plans – 1 year to 3 years, comprehensive plans – 1 year or 3 years