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Refund of Premiums: How do term plans with RoP work? Should you opt for it?

Refund of Premiums: How do term plans with RoP work? Should you opt for it?

Tue, Sep 12, 2023

A Term Insurance Plan is a more affordable option in comparison to a life insurance plan and can be purchased for a fixed period. Many term insurance plans come with the return of premium (RoP) riders. You can get the refund of premium paid after the policy period on opting for RoP rider.

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