Do you take credit cards?
We don’t take any money from customers at all, and that includes credit cards.
The company that takes your money—the financial company that actually insures you—is called a life insurance carrier. That's the company that receives your premium payments, and while most life insurance carriers do not accept credit cards, some do.
For the first premium payment (your life insurance contract is not binding until you've made this payment), most carriers require a check drawn on a bank account. Thereafter, you can opt for automatic payment (automatic withdrawal).
The general eschewal of credit cards does not betoken that you may not purchase life insurance on credit, however. In fact, borrowing money to pay insurance premiums is so common that there's a term for it: "premium financing."
If your life insurance policy is a cash value policy, its cash value can be used for premium financing. Just take out a policy loan and apply that money against your future premiums. (If yours is a universal life insurance policy, then you can use your cash value to pay premiums without taking on any sort of debt. Universal life insurance allows cash value withdrawals, which don't ever have to be repaid.)





