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If you are wondering, what happens to the premium for your life insurances plan if you survive the whole term, well, you will be pleased to know that both Whole Life Insurance and Universal Life Insurance have a built-in cash value.
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Money Back Life Insurance Let’s talk about the Money Back Life Insurance Policy
Well the name itself is self-explanatory. In money back term policies, you get a percentage of your sum assured during the tenure of the plan. This percentage is calculated on the total sum assured at the end of the maturity period. Let’s talk about the Money Back Life Insurance Policy
we give you the option to customize a Term Insurance Plan to include an ROI clause to get the complete amount back at the end of the tenure. You might be paying a bit extra on the premium, however, if you live out your tenured period, you would be getting a lump-sum on the entire amount. How We Can Help?
Now, coming to the paperwork, if you don’t have a clear understanding of insurance plans and policies, we’ve got your back. Our team has been in this line of business for more than 10 years and we can advise you on what type of plan would be best for you based on your requirements. Main Address : Canadian L.I.C. Inc,2969 BovairdDr East, Unit 2 Brampton , ON L6S 0C6Toll Free : 1 844-552-4678 E-mail : info@CanadianLIC.com Contact Us