Opened 10 years ago
#22 new bug
Life Insurance - How To Buy Single Premium Life Insurance
Reported by: | lifeinsurance15 | Owned by: | Pierre Pronchery |
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Priority: | major | Component: | Application |
Keywords: | Cc: |
Description
When you make a single, payment life insurance to the insurance company in exchange for a policy that lasts your entire life holder. The initial payment, plus the interest it earns over the life of the policy, replace the regular premiuminsurer payments you would make under the more common arrangement. Whole life insurance sets a death benefit at the time you sign up for the policy, based on your premium so understand it.
Shop and compare the price then life insurance, Secure funding for your premium. Treat your single-premium life insurance beneficiary policy as you would any other important account. Review your statements regularly, and store policy paperworkpremiums someplace safe but accessible. Have all the single premiums on the way so that you can have all the things that you will need to have for the short period of time and that you can have it well as you can.