Why Should Every Married Man Consider the MWP Act in Term Insurance?

MWP Act in Term Insurance

The Married Women’s Property Act (MWP) allows married men to secure their family’s financial future through term insurance. This special provision protects life insurance proceeds from creditors and ensures the payouts reach the intended beneficiaries without legal complications. The policyholder cannot change or cancel the policy without beneficiaries’ consent once it’s established under MWP. Moreover, […]