Abstract: A discount provision under an insurance policy allows an entity to pay a required premium to provide future access and a discount for future insurance coverage under the insurance policy, the future insurance coverage available upon a predetermined event. A method for providing an insurance policy having a discount provision includes creating a discount provision under an insurance policy, under which an entity pays a required premium, to provide future access and a discount for future insurance coverage under the insurance policy, said future insurance coverage available upon a predetermined event, collecting the required premium amount from the entity for a first period of time; and upon cessation of payment of the required premium by the entity, providing insurance coverage to the entity and discounting the insurance premiums for a second period of time.