Although rare, this feature is included on some plans.
After a specific time period, members are no longer required to make premium payments.
The plans reach a point at which they become fully paid. Generally speaking, there are two types of paid up plans. Use the certificate to see which type of rule applies to the member.
- Members pay to age 65 or for ten years from the original effective date, whichever comes later.
- Members pay for twenty years from the original effective date.