The Real Costs of Fractional (Modal) Premiums

Hey Folks, I just completed a little project that explores the costs our customers pay when they choose to pay fractional (modal) premiums - that is to say, monthly, quarterly, or semi-annual (anything other than annual).

Here's the link: A Table of Fractional Premium APRs in The Life Insurance Industry.

This is something I did not understand until late in my career, so I hope you find it helpful as you counsel your clients on which payment mode will serve them the best.

Thanks and please feel free to comment if
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