If I purchase a life insurance policy can I use my credit card to pay for it?
That depends on the insurance company and what payment options they offer.
Some insurers offer you the option to pay by using ETF (Electronic Funds Transfer), debit cards or checks.
There are some insurers who offer you the option to pay annual premiums using a credit card, by fewer who may offer monthly payments using credit cards.
Make sure you consider annual premiums payments as this may save you some money. Also, if you pay using a credit card make sure you keep your credit card information up-to-date with your life insurance company so you don't miss a payment when your card expires.
Learn more about
using a credit card to pay for life insurance.
