Which policy requires premium payments only at the start and will not have any additional premiums due thereafter?

The policy that requires premium payments only at the start and will not have any additional premiums due thereafter is the single premium whole life policy. This type of policy is designed so that the policyholder makes one significant up-front payment. In exchange for this single premium, the insured receives a whole life insurance benefit that remains in force for the lifetime of the insured without the need for further premium payments.

This feature is particularly advantageous for individuals who prefer a lump-sum payment approach, allowing them to fully fund the policy at once and avoid future premium obligations. As the policy accumulates cash value over time, the insured can also benefit from the growth of this cash value.

In contrast, whole life policies typically require ongoing premium payments throughout the life of the policy, and level term policies require premiums to be paid for a specified term. Convertible term policies also require payments and offer a feature that allows converting the term to a permanent policy but do not eliminate the ongoing premium requirement.