I have just made my life insurance payments recently. I always tend to forget to budget for this in my monthly payment schedule and never fail to get a rude shock whenever it is time to make annual premium payments! It is a real pain especially when I am running low on funds that month! Apparently there is a system which allows you to make monthly payments instead of a lump sum annual payment but it comes with a small interest attached to it. I guess I'll have to manage my money better.