Debit the prepaid account, in this case prepaid insurance, for five months of the premium. For example, a six-month premium of $450 would equal $75 per month, or $375 for five months.

Freedom Debt Relief reports that prepaid debit cards help control spending without risking debt, are easy to use, but often ...

If you don’t want to open a checking account, perhaps because of minimum-balance requirements or fees, a prepaid card can be used as an alternative. It can also help you stay within budget.

Published January 22, 2013 8:45am EST | Updated January 11, 2016 4:24am EST ...

The Bluebird prepaid card, offered by Walmart and American Express, is drawing scruntiny because of its similarities to a checking account. But will federal regulators start treating it as such?