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Is Term-life insurance available with a single payment premium?
Wiki User
∙ 14y ago
As if nw not avilable..before ULIPS launched in market there is Term life insurance plans with single premium avilable
Wiki User
∙ 14y ago
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What is a payment for insurance called -?
A premium
What do you call the payment of the insurance company?
premium
What is a Seven letter word for insurance payment?
premium
Which of these is an element of limited payment life insurance?
this life insurance policy has premium payment for a set number or years....
Can you purchase life insurance in a lump sum single payment?
Yes, you can. It's called Single Premium Life Insurance. With single premium life insurance coverage one premium payment is made and the life insurance policy is fully paid up with no further premiums required.
What is the term for periodic payment to keep insurance policy in force?
premium
Can a home insurance policy be cancelled for non payment?
Yes. Non Payment of premium can cause a cancellation or non renewal of an insurance policy.
Which term is defined as the payment an insured makes to the insurance company on a regular schedual?
that is the insurance premium (can be monthly, quarterly, semi-annual or annual premium).
What is the definition of insurance?
Insurance is defined as the compensation due to a loss, damage, death or illness. The compensation is in return for the payment of an insurance premium.
Which term is defined as the payment an insured makes to the insurance company on a regular schedule?
premium
What is payment for insurance?
Payment of insurance is nothing but the premium paid towards the insurance policy. The premium amount includes the charge of coverage per unit (for example, the charge of coverage for $1000 might be $10. So, to have an insurance coverage for $10,000 the charge of coverage would be $100) plus the expenses incurred by the insurance company for the policy.
What insurance policy requires payment of premiums to be paid for a specific time period?
They are called 'Limited Payment Life Insurance Policy' where premium has to be paid for a specific time period.
