Sentences with phrase «drops over the life of the policy»
Not exact matches
In other words, the insurance companies know that over an extremely large number of people, very few will die during the initial ten year period and most will drop the coverage or replace their policy before their life expectancy.
https://termland.com/
The price of a new term life insurance policy for seniors has dropped considerably in recent years, allowing even people over 70 years old to obtain affordable term life insurance coverage.
Most term life insurance policies pay the same benefit throughout the term, although with some policies, the death benefit drops over the course of the policy's term.