ReferIndia News Life Insurance: Premium waiver helps keep promises when money’s tight

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Life Insurance: Premium waiver helps keep promises when money’s tight

Published on: May 22, 2026, 8:14 p.m. | Source: The Financial Express

Many policyholders fail to consider what happens to their long-term investments if they pass away. A Waiver of Premium (WOP) benefit in ULIPs ensures that the insurer continues funding future premiums, protecting goals like a child's education.

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