Surrender benefit is allowed from 2nd year onwards and it is applicable for single pay policies only as per the plan option opted. (comparepolicy.com)
Because single pay policies are instantly fully funded, the insured doesn't have to worry about making any future premium payments. (accuquote.com)
Which insurers offer Single Pay policies really depends on a variety of factors - such as which State you are located in, and What year it is. (wholevstermlifeinsurance.com)