Sentences with phrase «premiums after the death of the parent»
Not exact matches
The available Child Plans comes up with built - in flexibilities which keep the policy active and renounce off the premium even after the death of the parents.
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Most child plans have an inbuilt premium waiver feature or self - funding of premium which allows the policy to continue even after the death of the applicant / policyholder (parent), where the insurance company waives future premiums, allowing the child to receive complete maturity benefit.