Life Insurance Premiums - Monthly vs. Annually

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Uploaded by on May 20, 2010

Life insurance premiums can be paid monthly, quarterly, semi-annually or annually. Pay your premiums in any way other than annually and the insurance company builds in what amounts to a financing charge. Byron Udell, founder and CEO of AccuQuote (http://www.accuquote.com/), explains how those small fees of life insurance premium can cost you thousands of dollars over the life of your policy.

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