Premium Payment Options

Settlers Life offers several different payment plans to meet the needs and objectives of the client.

Lifetime Pay

  • Most common
  • May not be the best option if slightly larger payments fit in the household budget and the client is interested in achieving a paid up policy over a shorter period of time.

10 & 20 Year Pay

  • Slightly higher premiums
  • Paid up policy in 10 or 20 years
  • Difference in monthly premiums for 10 or 20 pay vs. lifetime pay for younger clients is very small

Single Pay

  • One-time premium payment
  • Immediate peace of mind for clients
  • Little chance of lapse for agent
  • Not available for Bronze or Bronze II Plans

 

This page for agent use only.

More Information

For more information on becoming an agent, click here or contact us at:

  • 800.877.6191