For a person who has diabetes or any other lifestyle disease, it becomes a high risk policy for the company and they might reconsider the policy or give a counter offer. (easypolicy.com)
A named - peril policy covers the policyholder for the risks specified in the policy, while an all - risk policy covers all causes of loss except for exclusions. (allinsuranceinfo.org)
This makes a 20 to 30 year term policy a low risk policy for most insurance companies, which means big savings for you. (termlife2go.com)