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WebWhile life is more of an “investment” than a term policy. The reason is that it doesn’t expire in 20, 30 years or whatever you sign the term for. The insurance companies know this and … WebYou don't need it. Life insurance is for when you have dependents. Once you have dependents you'll want to look into getting a term life policy at a higher limit. You don't … drawn stickman epic 2

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WebWhich statement regarding a single premium life insurance policy is NOT correct? 1. No further premiums are necessary 2. Policy loans are permitted 3. Cash value is immediately created 4. Additional premiums may be required under certain conditions 4. Additional premiums may be required under certain conditions WebOct 4, 2005 · Single-premium life (SPL) is a type of insurance in which a lump sum of money is paid into the policy in return for a death benefit that is guaranteed until you die. Here we … WebMar 2, 2024 · Single premium life insurance (SPL), also known as prepaid or single pay life insurance, allows you to pay for your entire policy up front, instead of paying a premium in … empower mile high field