Minimum Continuation Premium


Definition of "Minimum continuation premium"

Nancy Marquez GRI, SRES real estate agent
Nancy Marquez GRI, SRES, Real Estate Agent Coldwell Banker Residential Brokerages

Smallest premium necessary to keep the life insurance policy in force regardless of the current mortality, interest, and expense experience of the insurance company. This type of premium is usually associated with universal life insurance.

 

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