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What is a lock in period in Term Life Insurance ? PNB MetLife - Lock in Period | Insurance Awareness
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759 Views • Jul 16, 2020 • Click to toggle off description
The Lock-in Period is the time frame during which policyholders cannot receive the proceeds of discontinued policies, with certain exceptions.
A lock-in period is the time period when the policyholder cant withdraws or liquidate the value of the policy that has been accumulated.
Different savings and investments have a different lock-in period ranging from 3 years to 15 years.

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Uploaded At Jul 16, 2020 ^^


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RYD date created : 2023-05-24T11:46:27.186085Z
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