Fea­tures to Know

Consumer Voice - - For the child's benefit -

In most plans the pre­mium is based on the sum as­sured so that the pol­icy con­tin­ues to pros­per even

when it ma­tures. In some poli­cies the term (plan pe­riod) of the pol­icy de­pends on the ex­ist­ing age of the child. Most of the poli­cies as­sure death ben­e­fit to the pro­poser. Some of the child ben­e­fit plans al­low non-re­payable par­tial with­drawals dur­ing the run­ning of the pol­icy. A few com­pa­nies of­fer loans against the pol­icy’s se­cu­rity.

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