ROP (Return of Premium)
This product also has a set term number of years to pay. This too can be viewed as renting the policy, however at the end of this contact- Your premium is returned to you (assuming no death benefit has been paid). You may also elect a paid up policy status. This product is perfect for the individual who does not want to waste money in a term contract but can’t afford the higher premiums of a whole life contract. Bottom line this product’s net cost to you is zero.