Single Premium Life Insurance


Definition of "Single premium life insurance"

Coverage in which one premium payment is made and the policy is fully paid up with no further premiums required.

Have a question or comment? We're here to help.

 
 
 
*** Your email address will remain confidential.
 
 

Search Real Estate Terms

 

Popular Real Estate Terms

Paid-up Policy Reserve

Present value of future benefits. This type of reserve would be applicable for single premium life insurance, paid-up insurance, single premium annuit ...

Pre-need Funeral Insurance

Single premium life insurance policy, from which the death benefit is used to pay the predetermined expenses of the insured's funeral. The funeral hom ...

Direct Property Exposures

Circumstance in which there is a probability loss to personal property or real property resulting from property damage, destruction, or disappearance. ...

Final Expense Fund

Amount of life insurance required to purchase burial, probate, medical, and other costs associated with death. ...

Land Ownership, Use And Possession Of

Liability exposure, in insurance, associated with three classifications of individuals that may come upon an insured property: TRESPASSER: individual ...

Public Risk And Insurance Management Association (prima)

Organization based in Washington, D.C., that is composed of risk and insurance managers of various public entities, to include municipalities and scho ...

Popular Real Estate FAQ

What Do I Need To Know About RV Insurance?

Your motor home can be both your transportation and your home away from home. So like your auto and your home, you need to safeguard it with the prope ...

What Do I Need To Know About Watercraft Insurance?

You need separate coverage for the variety of risks you face when storing, launching, hauling or running your seaworthy vessel. Boats, and other water ...

What Do I Need To Know About Auto Insurance?

Choosing the auto insurance requires consideration of manyfactors- Take into account everything you own and the reasons to protect them. The year of ...

How Do I File An Insurance Claim?

Call your Insurance agent or Insurance Company \"Claims Hotline\" as soon as possible. Getting your agent\'s help, may speed things along. ...

What Do I Need To Know About Motorcycle Insurance?

You need an insurance policy that is tailored in your needs in mind. Take liability for example. Guest passenger liability helps protect you bodily in ...

What Should I Do If I'm In An Accident?

1.- Stay Calm. Determine the injuries and or damage. 2.- Call the police. File an accident report and obtain medical assistance if needed. 3.- L ...

Read why Real Estate Agent rates 5 Stars in 10 Agent Reviews
Read Reviews

Agents join here
Add our widget on your Website

Real Estate Advice

Home Prices - The Extra Costs 3 Reasons Why Now Is The Perfect Time To Sell Your Home Tax Breaks for the First Time Home Buyer What Must I Disclose When Selling My Home? Find Your Real Estate Agent Niche: Vacation Homes

FAQ

What is a buyer's agent? What is a seller takeback? What is an annuity? What do I need to know about Universal Life Insurance? What type of a home is a condominium?