What Does Annualized Premium Mean - Web what is mode of premium? Web an annual insurance premium means that instead of paying every month, you'll pay a lump sum to your insurance. When you purchase life insurance, you agree to pay a specific sum of money, or.
Web what is mode of premium? Web an annual insurance premium means that instead of paying every month, you'll pay a lump sum to your insurance. When you purchase life insurance, you agree to pay a specific sum of money, or.