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First-Year Premium

This is the life insurance premium falling due during the first year the policy is in force. Premiums paid in subsequent years are known as renewal premiums. In an annuity, first year premiums are any payments used to initially purchase the policy or that are paid during the first year.



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Invest & Protect LTD
45 Market Street
Wirral
Cheshire
CH47 2BQ

Tel 0800 083 60 50

Fax 0151 632 2117

email:
info@life-ins.co.uk

Office Hours
9am - 5pm