Let’s say you’re newly married. You now have more responsibilities and loved ones to take care of. You have to remember birthdays, anniversaries, likes, and dislikes. Do not add another insurance premium due date to this, and opt for a Single Premium Policy!
By simply paying a lumpsum, single, up-front premium, you can fully fund your policy till maturity. It is convenient and best for individuals in their most productive years and who can afford a one-time payment.
Single premium policy
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