When you are younger, a large portion of the premium goes toward the savings component of the policy. (usbank.com)
The premiums are not the cheapest but if the insured person doesn't die they get back a good portion of the premium paid. (lifeinsurancehub.net)
The Medical Loss Ratio assumes the remaining portion of premium payments are used for the overhead and other business expenses of the insurance company. (simplyinsured.com)