Risk cover starts from date of commencement of policy for all lives including minors. (hdfclife.com)
While if the death happens after date of commencement of risk, an amount equal to the higher of basis sum assured or policy holder's fund value will be payable. (policybazaar.com)
Date of commencement of risk - Risk commencement starts from the day one i.e. when the policy is taken. (policyx.com)