Sentences with phrase «payable in a single payment»

Not exact matches

If the proposed insured or family can make / afford a single premium payment (single lifetime payment for the policy) they can have an immediate death benefit payable in month 7 of the policy!

With respect to consumer credit transactions, where the debt is payable in installments, not made pursuant to an open - end credit plan and in which the original amount financed is one thousand dollars ($ 1,000) or less, the debt shall be scheduled to be payable in substantially equal installments at equal periodic intervals, except to the extent that the schedule of payments is adjusted to the seasonal or irregular income of the debtor or when the transaction is a single principal payment obligation irrespective of the scheduled interest payments, and:

Premiums under the plan are payable either for a limited tenure under the Limited Pay option or in one lump sum under the Single Pay option of premium payment.