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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.
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∙ 15y ago
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Is Term-life insurance available with a single payment premium?
As if nw not avilable..before ULIPS launched in market there is Term life insurance plans with single premium avilable
Can you receive life insurance payment if your in prison?
Yes. The beneficiary of a life insurance payment can always receive the payment regardless of where he or she is.
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 make a payment on line for life insurance?
Payment of life insurance premia is allowed on line, along with payment over counter whether payment by cash or cheque.
What is a single premium life insurance?
single premium life insurance: Single premium life insurance is a form of life insurance that's paid with one upfront lump-sum premium. Once you've purchased a single premium policy, you would receive a permanent death benefit that extends until you die.
What is a single pay whole life insurance policy?
A single pay whole life insurance policy is a permanent life insurance policy that requires a one time payment/premium. The policy is guaranteed to stay in force until age 121 (in USA) and no additional premiums need to be paid.
Is it necessary to purchase mortgage payment protection insurance when buying a home?
"Mortgage payment protection insurance is essentially a form of life insurance. If something happens to you, your mortgage payments will be covered under the terms of your insurance plan. This insurance is definitely not necessary, and, in fact, a more standard plan like term life insurance may get you a better value for your dollar."
How do you get mortgage payment protection?
Mortgage payment protection is really a form of life insurance that you can purchase from many specialty insurers. Often times your bank can refer you to a company that offers this service.
Where can one purchase life assurance?
One can purchase life insurance from a number of different companies. One can purchase life insurance from companies such as Aflac, Liberty Mutual, and American Family Life Insurance.
Where could a Canadian purchase life insurance?
Life insurance is an important protection to have. Canadians can purchase life insurance through a local independent broker, or online at LSM Insurance.
On what types of policie is it a certainty that the insurance company will have to make payment?
A. Life Insurance
Where can I purchase guaranteed insurability life insurance?
you can purchase guaranteed insurability life insurance . you can check on this www.MutualofOmahaLife.com or www.AccuQuoteLife.com
