0
An Advance Premium Deposit account is a feature of a policy offered by a Life Insurance company. Think of it as a savings account, where you're free to put in money and take out money. Your life insurance premium will automatically be paid from that account, so that's one less hassle you have to worry about. You get interest on your money, so that's nice. Often you're only allowed to deposit up to the sum of all future premiums. See http://www.americansavingslife.com/policy-sales/advance-premium-deposit-(apd) for an example of one company's advance premium desposit account and read what they have to say about it.
Still curious? Ask our experts.
Chat with our AI personalities
TaigaEvery great hero faces trials, and you—yes, YOU—are no exception!
Chat with Taiga
ViviYour ride-or-die bestie who's seen you through every high and low.
Chat with Vivi
SteveKnowledge is a journey, you know? We'll get there.
Chat with SteveAdd your answer:
Earn +20 ptsQ: What is Advance Premium Deposit in Insurance Company?
Write your answer...
Submit
Still have questions?
Trending Questions
Where do you put hydraulic fluid in a Massey Ferguson 290?
How many inches should you sit from the air bag?
What does raro means in Spanish?
What does a E000 code on an image class d880?
How do you reset the parrot V510c car kit?
Should you get a homeowners insurance quote before you purchase a policy?
Can I change my 720-0337 jenn-air propane grill to a natural gas grill?
Estimated insurance for a 16 year old in NC?
How long do it take kw gasket sealer to work?
What causes surging while driving?
What is the tonnage of a Goodman heat pump model GSH130241AC?
Why front end wobbles at lower speed?
Does Ricky Gervais drive?
What causes a disributor in a 350 block to bounce if the fork is tight?
What is the travel path of something that weighs about 1 gram when thrown out a car window?
Can you remove your adult son 25 years old from your car insurance?
Is there a link between bad idling and the water system of Nissan almera vehicles?
What is the 5 digit auto insurance company code for Hartford in Florida?
How much doe a locksmith charge for a key extraction?
What is a synonym for pronto?
Copyright ©2025 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.