facebookHi. if i have a single premium lifetime income insurance with me as PH and my 6 yrs old as LA.in the event that i pass away will my child still continue receive income? - Seedly

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Anonymous

17 Oct 2022

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Insurance

Hi. if i have a single premium lifetime income insurance with me as PH and my 6 yrs old as LA.in the event that i pass away will my child still continue receive income?

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Hey there, since your child is a minor, the monies will be safeguarded by a guardian or trustee. Depends on who that is, the money will be kept with the person, assumingly used only on your child

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