Looking for a Life Insurance Policy, where I can only Pay one time preinum?

Question

I am looking for an Insurance company where I can pay only one time preinum and insured myself for 10 year...I think so, it would be life policy..at the maturity after 10 years...If i still alive I can encash my policy and get handsome amount...

Answer 1

Your talking about a returned premium life insurance. Which not a good option due to the extreme high cost of it! They are overcharging you! Instead just keep $ in an account and let it pay for it over 10 years.

Answer 2

Contact  LLoyds of London--- London England

Answer 3

A single-premium life insurance policy is a great way to pass on a large amount of money to your heirs tax-free. It’s death benefit can be much greater than the premium, but it is not something you can collect while alive. It can only go to your heirs. I recommend discussing it with a licensed independent insurance broker. A broker works with several companies and can find the best coverage and price for you. It will save you tons of time in research. To find a broker in your area, log onto a website like http://www.lifeinsurancewiz.com and fill out a form requesting a free quote.

Answer 4

If you can handle $25,000 then I don't see why not but I doubt life insurance companies will be listening to you. LOL.

Answer 5

I don't work with Life Insurance if I can help it, so I don't know if these options will be available in every state.  Return of Premium, which is the Rider you're looking for that will let you cash in the premium you paid if you survive the policy, is usually relatively expensive.

You'll want to look for an independent broker, so you're not getting sold on a single product-line.

I encourage you to speak with a professional to find something that meets your needs exactly, rather than go through some depersonalized web-based calculator.  

If you're in California, you can check out www.Teaguefs.com, and ask for a quote.  Their Life Insurance specialist is friendly and knowledgeable, and took excellent care of both me and my friends.

Answer 6

go on

moneysupermaket.com

and go under life insurance then theres a range of choices.

Answer 7

VERY interesting guide info about your Question HERE:

http://all-insurance-online.blogspot.com

Good luck!

Answer 8

If I understand your question, what you are looking for doesn't exist.  What company would insure you against death for the next ten years, pay out if you die, and pay out if you live?  That is what an insurance company would consider a guaranteed loss and they aren't going to do it.  Kind of like the "tails I win, heads you lose" game.

There are single premium life insurance policies, but they don't have the provision of paying you a handsome amount if you live.  They are intended to guarantee that your beneficiaries will have a pay out when you die.  It is often referred to as a paid up life insurance policy.

Answer 9

Talk to an agent in your local area.  You can connect with one by filling out this form:  http://www.insureme.com/landing.aspx?Ref...

They should have some good ideas since they know the companies there well, along with the plans.  

Jared Balis

http://www.utahinsurance.org

Answer 10

You're not going to find a policy that will cash back what you paid (or more) in premiums.  Insurers would go broke writing policies like that.

Answer 11

If your willing to pay for life insurance up front, you'll find a life insurance company willing to take your money.  

Find a local independent agency with a life insurance specialist who represents several companies.  Tell them what you want and they'll tell you what companies will work with you.

Answer 12

you can speak with your agent and he/she can probably give you a quote for a single premium permanent policy.  you can also purchase a term policy and pay 10 years of premium in advance, but this would not return any cash back to you at the end of the 10 years.  lastly, you could purchase a return of premium policy.  although it is pricy, you would be returned all of the premiums at the end of the term period.