Not exact matches
Well, depending upon the life insurance
plan that you
opt for, you can pay the life insurance
premiums either one time which is «
single premium» for a limited no.
You should consider the above parameters while deciding whether to
opt for a
single or regular
premium life insurance
plan.
He thus
opts for BSLI Wealth Max
Plan with the policy term of 20 years,
single premium of Rs 5,00,000 and sum assured of Rs 25,00,000.
I am 50 years old And want to
opt for this
plan by either paying
premium single OR over period of 5 years.
He
opts the
plan with the policy term of 9 years, sum assured is Rs 1,00,000 with
single premium of Rs 72,540.
Alternatively, you can
opt for a Family Floater CI
plan, where you pay a
single premium, for which the sum insured is usually enough to cover all members of your family.
He thus
opts to buy Edelweiss Tokio Life —
Single Pay Endowment Assurance Plan with policy term of 10 years, pays single premium for Rs 1 Lac with sum assured of Rs 10
Single Pay Endowment Assurance
Plan with policy term of 10 years, pays
single premium for Rs 1 Lac with sum assured of Rs 10
single premium for Rs 1 Lac with sum assured of Rs 10 lacs.
He thus
opts for IDBI Federal Wealthsurance Growth Insurance
Plan SP with the policy term of 20 years,
single premium amount of Rs 1,00,000 and sum assured of Rs 5,00,000.
He thus
opts for BSLI Empower Pension - SP
Plan with the policy term of 30 years with the
single premium of Rs 1,00,000.
Such
plans are a long term life insurance contract where the policyholder has to pay
premium throughout the tenure of the policy or may
opt for
single pay or limited payment option.
If someone have a lump sum amount he / she can easily
opt for this
plan through investing one time as a
single premium.