What does it mean when a policy is paid up 2024?
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Works at the International Atomic Energy Agency, Lives in Vienna, Austria.
A life insurance policy in which if all the premium payments are complete and the insured is free of all payment obligations, the policy stays intact until insured's death or termination of the policy is called paid-up policy.
2023-05-08 12:05:52
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Julian Wilson
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A life insurance policy in which if all the premium payments are complete and the insured is free of all payment obligations, the policy stays intact until insured's death or termination of the policy is called paid-up policy.