Phrases with «modal premiums»

The phrase "modal premiums" refers to the amount of money you pay for an insurance policy on a monthly, quarterly, or annual basis. It determines the frequency of your premium payments, like whether you pay monthly, quarterly, or yearly. Full definition

Sentences with «modal premiums»

  • * Annualized Premium shall be the premium payable in a year chosen by the policyholder, excluding loadings for modal premiums, if any, and applicable taxes. (bharti-axalife.com)
  • An amount equal to the sum of all the future Modal Premiums will be instantly credited to the Fund Value (financegab.com)
  • National Life Group will draft your first modal premium payment to place the policy in force. (rootfin.com)
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