Risk cover starts from date of commencement of policy for all lives including minors. (hdfclife.com)
For regular pay policies, you will get the surrender value, provided you have paid the premiums for at least the first 3 years from commencement of the policy. (comparepolicy.com)
These rider benefits can be selected on commencement of the policy or on any policy anniversary during the premium paying term. (reliancenipponlife.com)