The insured has the option to change the account details before the payouts start or
even during the payout period.
Even during the Payout Period, you will have an option to receive the present value of the outstanding Survival Benefit as lumpsum (Commutation Option).
Not exact matches
Even if rates remain the same
during that time
period, the subsequent
payouts will be higher based on the annuitant's age at the time of purchase.
Even if the life insured (the parent or guardian) dies
during the policy
period, the policy continues and all the
payouts are made on time.