Some policies will not return any of the premiums that you have paid if you cancel early, while others will refund
a percentage after a certain number of years.
Not exact matches
Under the income - based repayment plans, the payment due is a
percentage of the borrower's income, and
after a
certain number of qualifying payments (generally 20
years), the remaining loan balance is forgiven.
Income - driven repayment (IDR) plans allow a student borrower to make a student loan payment based on a
percentage of the borrower's discretionary income; the remaining balance
of student loans will be forgiven
after a
certain number of years in repayment.
Under the income - based repayment plans, the payment due is a
percentage of the borrower's income, and
after a
certain number of qualifying payments (generally 20
years), the remaining loan balance is forgiven.
Many
of the return
of premium plans pay back a
percentage of the money paid
after a
certain number of years.
You can borrow up to
certain percentage and
after a set
number of years and use the money anyway you wish.