What Is The Principal Of Life Insurance?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    In regard to applying for a life insurance policy, the principal of life insurance is the applicant for life insurance, or the subject of life insurance. In regard to Return of Premium life insurance, the word principal can refer to the amount that is returned at the end of the term.
    Answered on July 11, 2013
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