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What is apwp/basic?

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1) APWP/BASIC (What's this?): Sum Assured: $ 100,000. 13 AIA Advance Payment And Waiver Of Premium (APWP) Rider. [ Article updated in July 2020 ]. Riders: These are optional add-on plans that help expand the coverage of your basic insurance plan at an additional cost and premium. The paid-up additional insurance is issued on the same plan as the basic policy and in what-ever face.

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