The repayment plan takes other financial commitments into consideration and instead of making a huge lump sum payment, you can make small installments. (nation21loans.com)
For low income homeowners or people that have many other financial commitments to make, this may affect their cash flow. (myfinancekits.com)
One can choose premium payment option, ranging from monthly to annual to single premium depending on how much money is at hand, keeping in mind other financial commitments. (policybazaar.com)