What payment terms are offered by Sola?

The correct choice of monthly and annually reflects the payment terms that Sola offers, allowing policyholders the flexibility to select a payment schedule that aligns with their financial circumstances. Monthly payments may appeal to customers who prefer to distribute their insurance costs over a shorter period, making it easier to manage cash flow. Annual payments are often available at a discounted rate compared to the total of monthly payments, which can appeal to those who are comfortable paying a larger sum upfront.

This flexibility in payment options is designed to accommodate various customer needs and preferences, ultimately making insurance more accessible. By providing both monthly and annual payment terms, Sola ensures that clients can choose what suits them best, whether that's more frequent smaller payments or a single upfront payment.