3 Reasons I Pay My Life Insurance Premium Annually Rather Than Monthly

Each month, for example, I see my cable bill show up on my credit card statement, along with my cell phone bill and other recurring expenses. Insurance companies will often let you pay your premiums on a monthly basis rather than once a year, and for some people, that helps them avoid cash flow issues. Since I've worked my life insurance premiums into my budget and set money aside for them every month, I don't feel the need to be charged more for the same service.