Final answer:
A home service life insurance policy is a type of life insurance where premiums are paid weekly to an agent who comes to the policyholder's home to collect payments and provide personalized service and support.
Step-by-step explanation:
The type of life policy that has premiums paid weekly to an agent who comes to your home to collect is known as a home service life insurance policy. This type of policy is commonly offered by insurance companies and is designed to be convenient for policyholders who prefer to make regular premium payments from the comfort of their own homes.
With a home service life insurance policy, an insurance agent visits the policyholder's home on a weekly basis to collect premium payments. The agent may also assist with any necessary paperwork and provide personalized service and support.
Home service life insurance policies are typically geared towards individuals who may have difficulty accessing traditional insurance options or prefer the convenience of a personal agent. These policies often provide coverage for funeral expenses and may have smaller face values compared to other types of life insurance policies.