what is weekly premium insurance 
weekly premium insurance is a type of financial protection where the payments that the insured makes in return for coverage are paid weekly this type of insurance was introduced by prudential in 1875 and was common in the late 1800s and early 1900s 1 at that time insurers were unable to get insurance with monthly premium payments to catch on with consumers the small weekly premium payments were designed to match up with workers pay schedules and modest incomes weekly premium insurance is also known as industrial life insurance 