It is well known that term plans have the cheapest premium payable. In contrast, premiums payable under a TROP are twice or thrice of this figure.
Ideally the claim process should settle within 30 days of acceptance, it may take long in case any document is missing.
Prudent choice is an individual should always choose the regular payment term
For a non-finance person, or for anyone, who is not going in details, it looks like a difficult to reject offer
We all go through various shocks in our lives and death is one of them. Ever wondered what would happen to your family if you die suddenly? How would