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Single-Premium Life Insurance |
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Single-premium life insurance A whole life insurance policy requiring one premium payment, which accrues cash value much more quickly than a policy paid in installments. Single-Premium Life Insurance A life insurance policy purchased with a large, lump sum payment. Single-premium life insurance may take any number of forms: it may be structured as whole life or term life, or nearly any other kind of life insurance. What distinguishes it is the one-time payment at the purchase of the policy. Want to thank TFD for its existence? Tell a friend about us, add a link to this page, add the site to iGoogle, or visit the webmaster's page for free fun content. |
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