Is Life Insurance Paid In A Lump Sum? 
As a Payment : Life Insurance is rarely paid in a lump sum , generally on an automatic monthly draft from the policy owners bank checking account . Thats not to say that you cant pay a single deposit , its just not the most popular form of payment . You have other payment options as well such as quarterly , semi-annual and annual premium billing . As a Claim : Life insurance is paid in a lump sum , but can be paid out on an amortized schedule . 