For premium paying term of less than 10 years, a guaranteed surrender value can be acquired on payment of all premiums for at least 2 consecutive years. (comparepolicy.com)
The policy has a limited premium paying term of 6 years. (myinsuranceclub.com)
The minimum commission for agents has been raised from 14 per cent of the premium for the first year to 15 per cent, for five - year premium - paying term policies. (business-standard.com)