More hazardous professions
carry higher premium rates than professions with low accident rates.
Not exact matches
Your loan will
carry a
higher interest
rate to cover what would have been an additional insurance
premium for the coverage.
And, despite turning out 30 additional horsepower and a 45 percent
higher EPA city fuel economy
rating as compared to the conventionally - powered MDX SH - AWD, the MDX Sport Hybrid
carries a nominal
premium of only $ 1,500 over the conventional MDX SH - AWD ®.
Being table
rated means you'll pay a
higher premium because the insurance companies
carry more risk by insuring you.
When you consider the magnitude of these illnesses — and the
higher mortality
rates they
carry — it's easy to see why insurance companies charge smokers
higher premiums.
And these average
premium rates reflect just that — the various hazards of a particular job — which means that more hazardous professions will
carry a
higher premium than jobs where accidents are less likely to happen.
However, universal life insurance policies do
carry higher risk with regard to fluctuations in insurance
premiums and interest
rates.
Base
premium rates are set to reflect the various hazards of a particular job, which means that more hazardous professions will
carry a
higher premium than jobs where accidents are less likely to happen.
An occupation that has a
high risk of accidents will
carry a
higher base
premium rate than jobs that are considered safer.
It is advisable to buy at an early age (Because the younger and fitter you are the lower the risk you
carry and hence insurance companies offer you
higher life covers at very low
premium rates.)
These base
premium rates reflect the various hazards of a job, which means that more hazardous professions will
carry a
higher premium than jobs where accidents are less likely to happen.
FHAs
carry a lower interest
rate but largely because of their
high insurance
premiums, they usually (but not always) cost the borrower more.