Reply To: Premium payment term/mode/ frequency

Actuary Forums Forums Learnings Daily Dose Premium payment term/mode/ frequency Reply To: Premium payment term/mode/ frequency

#24467
shreyanshh
Participant

    Does the regular premium throughout the policy really exists for any policy?

    Recently I was going through some of the policies of LIC. Even their whole life policy has a maximum limit of 30 years to premium paying term.

    Please clear me. Thank you.