What is free life span insurance?
Answers: Sometimes your company will give you life insurance up to one years' salary. I believe you foot a nominal fee for this but it is close to nothing. Not sure if this is what you suggest.
It could be Term with Return of Premium option. If you don't die, you catch all the money back at the extension of the term. You then pinch that money and buy a paid up permanent policy. Source(s): Insurance agent
I believe you are talking about a type of Life Insurance where on earth the premiums are financed for a number of years. The policy is used as collateral for the loan, and the loan is paid rear legs with the proceeds either from the loss benefit or by selling the policy in the secondary marketplace for profit.
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