Definition: Infinity Insurance Insurance is a type of insurance that allows policyholders to receive premium payments for an unlimited number of years or more, depending on the level of coverage chosen by the individual or business owner. This means that the policyholder can pay off their premiums at any time without penalty, as long as they meet the minimum requirements set by the insurer. In some cases, a policyholder may be able to purchase an infinite period of insurance for a specific event, such as the death of a loved one or the natural disaster. The term "infinity insurance" is used to describe policies that allow policyholders to pay off premiums at any time without penalty, and in some cases, the policy can be purchased indefinitely. This type of policy provides an endless amount of coverage for a limited period of time, which makes it suitable for situations where there are no specific events or risks. In summary, "infinity insurance" refers to policies that allow policyholders to pay off premiums at any time without penalty, and in some cases, the policy can be purchased indefinitely. This type of insurance provides an endless amount of coverage for a limited period of time, making it suitable for situations where there are no specific events or risks.