In case of natural loss of life during first 12 or 24 months (depending upon the coverage of the company the insurance plan is taken from), the premium might be refunded solely, however in case of unnatural demise, equivalent to on account of an accident, the sum assured can be paid off at the time of loss of life even when it happens within 12 to 24 months. After 12 to 24 months, in case of natural dying, sum assured will likely be paid and in case of unintended dying, twice of the sum assured will be paid. Nevertheless, should you cease paying the premiums, and the policy is cancelled, the paid quantity might be confiscated. In the event of demise of coverage holder of a cancelled policy, the corporate could pay the amount lower than the full premium paid.
Small Business Tax
If you wish to earn money however … Read More