Return of Premium Term
Full protection now — every rupee back if you outlive the term.
A Term Return of Premium (TROP) plan gives you the same large life cover as a term plan, but refunds all the premiums you paid if you survive the policy term. Protection with nothing lost.
Why choose this plan
Money back on survival
Outlive the term and get every premium you paid returned, tax-free.
Same strong protection
Your family still receives a large tax-free payout if the worst happens.
Dual tax benefit
Save under 80C on premiums and receive the maturity amount tax-free.
Disciplined saving
A built-in way to get back a lump sum at the end of the term.
What's covered
- Tax-free death benefit to your nominee
- Refund of total premiums paid on surviving the term
- Optional riders for extra protection
- Level premiums for the full policy term
What's not covered
- Suicide within the first policy year
- Non-disclosure or misrepresentation of facts
- Refund excludes taxes and rider premiums (plan-dependent)
- Lapsed policies where premiums stopped
Exclusions vary by insurer and plan. Always read the policy wording — our advisor will explain the fine print.
Available from
How it works
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Frequently Asked Questions
Common questions about Return of Premium Term.
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