The couple purchased the three annuities for a sum which left enough to cover the first annual premium payment for each of the three endowment assurance policies. (newlawjournal.co.uk)
All policies in ordinary life are based on annual premium payments in advance. (policybazaar.com)
And, choose annual premium payment option instead of monthly to save on your overall life insurance premium. (thelifeinsuranceinsider.com)