What happens to the premiums of a life assurance policy if the policyholder opts for a freeze on premiums?

When a policyholder opts for a freeze on premiums for a life assurance policy, this generally means that the premiums will remain unchanged during the period of the freeze. A premium freeze is often offered as a benefit, allowing the policyholder to maintain their current premium rate without any increases, even as other factors like age or health could typically lead to increased costs.

This can be particularly advantageous for policyholders who may anticipate future financial burdens or changes in their circumstances, as it stabilizes their expense related to maintaining the policy. It's important to note that while the freeze is in effect, the policy remains in force, and the coverage continues under the same terms, ensuring that the policyholder does not face an unexpected financial burden due to rising premiums.

In contrast, the other options imply changes in premium structure that do not align with the nature of a premium freeze. For instance, the notion that premiums would double after the freeze or decrease afterwards does not reflect the purpose of a freeze, which is to retain the current premium level. Additionally, the idea that premiums would only be paid upon claim contradicts the nature of life assurance policies, which typically require regular premium payments to maintain coverage.