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this life insurance policy has premium payment for a set number or years....

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Q: Which of these is an element of limited payment life insurance?
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How is eligible to be on limited pay life insurance?

Limited payment life insurance, sometimes referred to simply as limited pay life insurance, is really a way of having the best of all worlds with a whole life policy. You pay a premium for a predetermined number of years and you have your policy for the rest of your life. Here is how the limited payment life insurance policies work.


Which type of insurance does not build a cash value for insured?

Limited payment life insurance


What insurance policy requires payment of premiums to be paid for a specific time period?

They are called 'Limited Payment Life Insurance Policy' where premium has to be paid for a specific time period.


Can you receive life insurance payment if your in prison?

Yes. The beneficiary of a life insurance payment can always receive the payment regardless of where he or she is.


What is meant by the term cost term life insurance?

Term life insurance refers to a common category of life insurance in which fixed payments are offered for a limited time (or term). If the person dies outside of the term, they receive no payment.


Can you make a payment on line for life insurance?

Payment of life insurance premia is allowed on line, along with payment over counter whether payment by cash or cheque.


What are the advantages of a Limited-Payment Life Insurance Policy?

the savings component grows more rapidly during the premium-paying period than in straight life


What is the population of SBI Life Insurance Company Limited?

The population of SBI Life Insurance Company Limited is 75,000.


What is SBI Life Insurance Company Limited's population?

The population of SBI Life Insurance Company Limited is 7,334.


When was SBI Life Insurance Company Limited created?

SBI Life Insurance Company Limited was created in 2001-03.


What is the symbol for China Life Insurance Company Limited in the NYSE?

The symbol for China Life Insurance Company Limited in the NYSE is: LFC.


On what types of policie is it a certainty that the insurance company will have to make payment?

A. Life Insurance