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Paid-Up Life Insurance

Reduced Paid Up Insurance

As part of our series on what you can do if you cannot pay your whole life insurance premiums, we offer this article on reduced paid up insurance. Whole life insurance comes with two principle features that set it apart from term coverage. First… The first is that a whole life policy is guaranteed to […] Read more

A whole life insurance policy is “paid-up” when no further premium payments are needed to keep the policy in force. Paid-up life insurance allows you to benefit from the continued growth of the policy, without needing to pay into the policy to keep it active. And for properly designed policies, the cash value and death […] Read more