Debit Life Insurance

Definition of "Debit life insurance"

Geomary Bengochea real estate agent
Geomary Bengochea, Real Estate Agent AmeriTeam Realty

Same as term Debit Insurance: life insurance on which a premium is collected on a weekly, bi-weekly, or monthly basis, usually at the home of a policyholder. The face value of the policy is usually $1000 or less.

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