Generally, premium payments of a policy remain
the same during the tenure of the policy if things are unchanged with the policyholder.
Not exact matches
These term plans are called level term plans in industry parlance as the nominees receive the
same level
of death benefit if the worst comes to pass
during the
tenure of the term
policy.
Top - up premiums can be paid any time
during the
tenure of the existing ULIP
policy and they enjoy the
same tax benefits as regular premiums.