Double Refund of Premium Term Plans: Get 2 times of your premium back with smart exit - Details

Term insurance has traditionally been known to provide financial security to family members of policyholders in case of any unfortunate event. While traditional term plans do not offer any benefits if the policyholder survives, there some insurers who are now offering 'Double Refund of Premium (2XROP) Term Life Plans' that offer the best of both worlds — comprehensive term life coverage and a guaranteed payout of twice the premiums paid (excluding taxes). However, to avail this feature, a policyholder will have a particular window of early exit. 

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