Monday, March 16, 2009

What will be the position of the policy after the accelerated benefit payment

The policy will continue to participate in the profit of the Corporation. Further bonuses will not be reduced on account of the benefit.
b. Premiums under the policy, including extra premiums if any, will continue to be payable by the policyholder, unaltered.
c. Any supplementary contract attached to the policy, and premium thereunder, will be unaffected by the payment of the accelerated benefit.

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