fbpx

News

Should you go for Return of Premium life insurance? [Presentation]

/ Life Insurance / Apr 18, 2021

Return of premium (ROP) Life Insurance is a type of term life insurance coverage that returns your premium payments if you are alive at the end of your coverage term. Again, ROP life insurance works exactly as the name indicates: as long as the insured outlives the term period, the policy returns most or all of your premiums paid at the end of the term length — and you don’t even have to pay income tax on your windfall. This type of coverage can be either a stand-alone policy or as an optional life insurance rider on a standard term life insurance policy.

But is it worth the money? What’s the catch? Let us see in this presentation as compiled by our experienced Trust Life financial advisors.

Contact our financial advisors to purchase a custom life insurance plan that is the best fit for you 

Thinking about getting a life insurance plan? Get in touch with our financial advisors. Our experienced financial advisors will assess your situation and come up with the best type of life insurance plan at the highest value for your money. Affordable and right within your budget with the maximum possible coverage – that’s what we promise. Free consultation and zero obligation.