Return of premium term insurance: Do TROP policies make financial sense with a higher premium?
Last Update Date: 06-10-2026
Published by Business Insider India
Abhishek Kumar's role: Quoted
Abhishek Kumar said such plans usually cost close to twice a pure term plan, and cautioned that the extra premium could earn more if invested elsewhere over the same period.
More of Abhishek's views on insurance
The article explains return-of-premium term plans, which pay back the premiums paid if the policyholder outlives the cover. It compares their cost with pure term plans and asks whether the higher premium makes sense, noting the opportunity cost of the extra money.
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Return of premium term insurance: Do TROP policies make financial sense with a higher premium?