Instead of being spread out over twelve months or four quarters,
the entire yearly premium is due all at once.
Not exact matches
Limited Pay Universal Life insurance policies are policies whose
yearly premiums last for the policy payment period and whose death benefit may be sufficient to last your
entire life.
As
entire premium is paid upfront, customers will be saved from
yearly increases in third - party
premium
One has to pay a monthly, quarterly or
yearly premium that remains the same till the
entire policy coverage period.
The
premium for this policy is a little higher than that of the initial
premium of the
yearly renewable term policy but it remains level for the
entire 5 year period...
Protection for your family: Get life cover of at least 10 times the annualised
premium for the
entire policy term Pay as you like: With
yearly, half -
yearly, quarterly and monthly
premium payment modes Tax benefits: Get tax benefits on investment and on returns, as per the applicable income tax laws
These figures illustrate the fact that average
yearly premiums in Montana are somewhat lower than the average for the
entire country.
You may also want to consider paying your
entire premium in one
yearly payment.