answersLogoWhite

0

A single recurring premium is when you pay a set amount each month. It means that no lump sum was paid to cover the total expenses so it is being paid off over a certain amount of time.

User Avatar

Wiki User

10y ago

Still curious? Ask our experts.

Chat with our AI personalities

JudyJudy
Simplicity is my specialty.
Chat with Judy
FranFran
I've made my fair share of mistakes, and if I can help you avoid a few, I'd sure like to try.
Chat with Fran
BlakeBlake
As your older brother, I've been where you are—maybe not exactly, but close enough.
Chat with Blake

Add your answer:

Earn +20 pts
Q: What is a single recurring premium?
Write your answer...
Submit
Still have questions?
magnify glass
imp