Under Premium Waiver option, Policy Proposer is different from the Life Assured under the policy. This plan waives off all future premiums in the case of proposer's death. The future premiums are paid off by us to ensure that fund does not stop growing. The Policy continues with risk cover for Life Assured and the accumulated Fund Value is paid on Maturity. This plan is appropriate for an investor who doesn't want any interruption in creating a corpus for achieving the long-term goals of his dependents.