Change the frequency of payment for my policy

[rsharma]

Hi All,
I have one Life Insurance from private life insurance company. Due to some financial difficulties I want to change the frequency of payment for my policy? Is it possible.

Thanks in advance!
R Sharma

[Natraj]

Yes, you can change the premium frequency from low (annual) to a higher frequency (bi-annual or monthly) or vice-versa.

[CONFUSED]

Hi All,
I have one Life Insurance from private life insurance company. Due to some financial difficulties I want to change the frequency of payment for my policy? Is it possible.

Thanks in advance!
R Sharma
Always go with annual premium option than you would have to pay less premium for the same coverage.