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How are the premiums for the life expectancy of each policy paid?

April 26, 2017expectancy life paid policy premiums

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How are the premiums for the life expectancy of each policy paid?

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Premiums for the projected life expectancy plus one year for the products GLOBALSELECT and GLOBALASSET, and for the bonding period for the product GLOBALSAFE respectively, are escrowed into a separate Premium Account managed by Rödl & Partner. The trustee wires due premiums to the respective insurance carriers according to the premium payment schedule.