Find out how Capital for Life’s Premium Multi Pay Financing for Life Insurance works. Read our frequently asked questions (FAQs) and discover a new way to pay for your life policy.
Multi-pay premium finance is a way to pay for a life insurance policy over a period of time, rather than paying the full premium upfront. This can be helpful for managing personal or business cash flow and allowing the use of capital for other investments or business needs. However, there is an additional cost for this option, which is a higher overall premium charged by the insurer. The length of the multi-payment period affects the amount of the additional premium cost.