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7.7 Waiver of Contributions
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This is a useful option to a policy, as it effectively continues
the payment of contributions in the event that ill health prevents
continuation of contribution from earned income.
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Suitable where, for example, a pension is being used to support
a mortgage. If the sickness is prolonged to say, retirement, not
only will the mortgage be paid off, but there will also be an income
available which otherwise may have been impossible to build up
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