Minimum net worth requirements or minimum number of years in business may make barriers of entry more cumbersome for minority or women owned firms to overcome. (rismedia.com)
If for some reason, one ceases to pay premium after a set minimum number of years, then a free paid - up policy may be secured with reduced sum assured, subject to certain conditions (policybazaar.com)
A free paid - up plan for lesser assured sum amount can be secured, if payment of premium ceases after a certain minimum number of years, terms and conditions applied. (policybazaar.com)