This is a type of policy that pays you back part or all of your premium should your term policy end without you making a claim against it. These policies tend to cost significantly more than simpler forms of term life insurance, as they may add an extra premium on top of the regular premium. Such policies may require you to keep your original policy for the entirety of its term in order for you to get the ROP benefit. Generally, ROP policies can make sense for people age 30 or younger. We generally don’t recommend them for people above that age.