Usually, if you stop making payments on the premiums of any softy of term insurance policy, then essentially your cover stops too.
Waiver of premiums - for which you may be required to pay extra – ensures that your cover continues, even if you are unable to afford the premiums due to you having stopped earning as a result of illness and/or disability. This is another very useful safeguard, although normally it’ll come into affect only after you have been disabled for three to sex months.
Industry infuriating report reveals the astonishing truths about your annuities, the agents and insurance companies that sell them, and the secrets that you’ve never been told Read More...
