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Broaden your knowledge on money and insurance matters with our specially written and curated articles.

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Regular Premium

Insurance premiums are the amount of money paid for an insurance policy. If payment is skipped and the grace period is exhausted, the insurance coverage will be lost. That financial protection gives less financial worries, peace of mind, and helps you focus on your dreams. Source: Giphy Types of premium payments It’s important to understand which type of insurance payment is suitable for you and weigh the pros and cons of each.  a) Regular Premiums and Single Premiums Regular premiums are premiums paid at specified intervals over a definite period. For example, monthly, quarterly