What Does Single-Premium Whole Life Insurance Mean?

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What does Single-Premium Whole Life Insurance mean? Read on to discover the definition & meaning of the term Single-Premium Whole Life Insurance - to help you better understand the language used in insurance policies.

Single-Premium Whole Life Insurance

Single-Premium Whole Life Insurance

Whole life insurance for which the entire premium is paid in one sum at the beginning of the contract period.

We hope the you have a better understanding of the meaning of Single-Premium Whole Life Insurance.

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