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1Lifedirect

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Tel: 0860 10 51 94
Fax: 0860 10 51 97
Scope:
Eastern Cape, Free State, Gauteng, KwaZulu-Natal, Mpumalanga, North-West, Northern Cape, Northern Province, Western Cape.

Plan for the future and make sure your family is taken care of when you die or if you're ever disabled. 1Lifedirect delivers top-class long-term insurance facilities and benefits, service and care. Isn't it time you took your life and future direct?

It's so easy with 1Lifedirect!
 

From The Glossary »

Deposit Premium:

Certain policies are written under conditions which provide that the final premium is not determined until the policy has expired. The premium charged at the inception of cover is the deposit premium. The term is also used to refer to the initial premium paid by an applicant for life insurance which is held in suspense by the life company pending its acceptance or rejection of the proposal. The term is also used in reinsurance policies to describe ...
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