With this policy, the policyholders ensure the protection of their child's future in case of the death of the parent. (policybazaar.com)
These details do not get updated in case of death of parents or after marriage of the policy holder. (policybazaar.com)
Or, for plans with benefits such as in - built accidental death, children's plans that waive premium in case of death of the parent. (business-standard.com)