What are the different premium payment options for life insurance policies?

At Jackson National Life Insurance, we offer various premium payment options to suit your needs and preferences. You can choose to pay your life insurance premiums on an annual, semi-annual, quarterly, or monthly basis. Annual payments require a single payment for the entire year, while semi-annual payments are made twice a year, quarterly payments are made every three months, and monthly payments allow you to spread the cost over twelve smaller payments. We also offer automatic payment options, such as electronic fund transfers or credit card payments, for added convenience. These flexible premium payment options ensure that you can select the method that aligns with your financial situation and budget, making it easier to manage and maintain your life insurance coverage.