Which type of insurance has a return of premium?

blackswan406

There are two types of insurance that would be used for a return of premium. The first is called "level term" insurance. This type of insurance pays out a death benefit if the policyholder dies during the term of the policy. The second type of insurance is called "decreasing term" insurance. This type of insurance pays out a death benefit if the policyholder dies during the term of the policy, but the death benefit decreases over time.

Magika602

There are many types of insurance, and the type of insurance that would be used for a return of premium would depend on the situation. If the return of premium were for an individual, then it would likely be a life insurance policy. If the return of premium were for a business, then it might be a property and casualty insurance policy. The type of insurance used would also depend on the terms of the return of premium. For example, if the return of premium were for a certain number of years, then it would be a term life insurance policy. If the return of premium were for the life of the insured, then it would be a whole life insurance policy.

angrygorilla

There are many types of insurance, but the most common type of insurance for a return of premium is life insurance. This is because life insurance is designed to provide a death benefit to your beneficiaries in the event of your death. If you have a life insurance policy with a return of premium rider, this means that your beneficiaries will receive the death benefit plus any premiums that you have paid into the policy.

sadbutterfly363

There are several types of insurance that could be used for a return of premium, but the most common type is whole life insurance. Whole life insurance policies typically have a “return of premium” rider attached to them, which means that if the policyholder dies during the term of the policy, the beneficiaries will receive a death benefit equal to the amount of premiums paid. If the policyholder doesn’t die during the term of the policy, then the policy will “mature” and the policyholder will receive a lump sum payment equal to the sum of all the premiums paid.

orangepeacock728

There are a few different types of insurance that could be used for a return of premium, but the most common one is life insurance. This is because life insurance policies typically have a death benefit that is paid out to the beneficiaries when the insured person dies. If the policyholder dies before the policy expires, then the insurance company will return the premium that was paid for the policy.

anusree_ramesh

There are a few different types of insurance that could be used for a return of premium, but the most common would be life insurance. This is because life insurance policies typically have a death benefit that will be paid out to the beneficiaries of the policyholder, but if the policyholder lives to the end of the policy term, they will get their premium back. There are also some other types of insurance, like health insurance, that may have a return of premium feature, but it is not as common.