Saving age is commonly used to make the insurance age of the
insured at policy issue lower than it actually is in an effort to receive a lower premium.
Values for death benefits and premiums are usually
determined at policy issue, for the life of the contract, and usually can not be altered after issue.
In this case, the first 8 - year period
begins at policy issue and is recalculated over every 8 - year period after the previous look back period has ended.
As part of the general awareness of World Day of Water, this article
looks at the policy issues that led to the water supply crisis in the city of São Paulo.
Backdating is commonly used to make the insurance age of the
insured at policy issue lower than it actually is in an effort to receive a lower premium.
All values related to the policy (death benefits, cash surrender values, premiums) are usually
determined at policy issue, for the life of the contract, and usually can not be altered after issue.
This rider is available on all permanent products up to age 75
at policy issue.
This rider is available for all permanent products up to age 75
at policy issue.