-
PW Stalwart
How Return of Premium (ROP) Term Life Insurance works?
How it works is - you pay a little extra for a regular Term Life Insurance Policy, and if you don't die after the guaranteed term period is over, you get back every cent that you paid in for the policy. How it works is the Insurance company takes the extra premium you are paying invests it for capital growth. As a result they are able to return your premiums to you at the end of the level-premium period.
I have tried to find out a policy for you from LIC website, but no luck.
Tags for this Thread
Posting Permissions
- You may not post new threads
- You may not post replies
- You may not post attachments
- You may not edit your posts
-
Forum Rules