The family gets a lump sum upon the death of the parent, and the future premiums of the policy are paid by the insurance company on behalf of the policy holder. (policybazaar.com)
If the death benefit is the focus, then the base premium of the policy will be the primary focus in terms of the cost of the policy. (insuranceandestates.com)
The lower premiums of the policy mean you can purchase more death benefit for the same price compared with whole life. (pocketsense.com)