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Life Settlement
Educational Information
Welcome Funds has compiled every term, phrase & definition related to life settlements. Have more questions? Call us toll-free at 1-877-227-4484 or complete our Quick Online Qualifier to determine your eligibility.

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DEFINITION OF MODAL PREMIUM

The policy owner can choose the frequency of paying the premium outlay. Generally, the choices are monthly, quarterly, semi-annually, or annually. Generally, the more frequently they opt to pay, the greater the total amount will be that is due for that year. See: Premium Mode

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Related Pages: Premium Mode