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.
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The business transferred, which has been marketed under the Great-West Financial brand, includes bank-owned and corporate-owned life insurance, single premium life insurance, individual annuities, and a portion of Great-West's closed block life insurance and annuities.
From April 5, agents can use this new process for all Final Expense and Single Premium Life insurance sales through Oxford Life.
* Single premium life insurance products grew, in terms of gross written premium, at a review-period CAGR of 23.1%.
Competitive pressures will stymie premium growth in both the life and non-life segments of the insurance sector and therefore dampen the impact of a number of positive developments in the sector, such as the recent and fairly strong increase in sales of unit-linked and single premium life insurance product s.
That's why one of the first things Boomer did when he was drafted by the Bengals was buy a single premium life insurance policy.
Symetra Successor Single Premium Life Insurance 800-796-3872 / www.symetra.com/financial
Over a three-month period, Danny was able to provide her with peace of mind for these two worries through a fixed indexed annuity with a guaranteed income rider for retirement as well as a single premium life insurance policy with a long-term care rider.
On the other hand, using a single premium life insurance or annuity policy with protection for long-term care purposes specifically identifies an asset for funding and, year after year, the annual statement of values reminds the clients why the money exists in this place.
Interest paid or accrued on indebtedness incurred to purchase or continue in effect a single premium life insurance, endowment or annuity contract purchased after March 1, 1954 is not deductible.
Single premium life insurance is permanent cash value whole life insurance that is purchased with a single large premium.
The mortgage includes single premium life insurance or a large prepayment penalty.
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