While
the expensive premium account lets you contact prospects directly, you still have to find them.
Not exact matches
Houston renters insurance, for example, isn't
expensive to begin with, so a 1 % change in the
premium might
account for a dollar fifty difference in annual
premium.
Because variable life insurance allows you to allocate a portion of your
premiums to a separate investment
account, this type of life insurance is generally more
expensive than other types of coverage.
Many pet insurance
premiums take into
account your pet's age and become more
expensive and harder to obtain the older they get.
Your
premiums take into
account your medical history and the various options you need for your coverage, such as how long as you want the elimination period to be — the shorter the wait, the more
expensive your
premiums.
However, the annual
premium for another policy could be quite
expensive because your older age and any health conditions will be taken into
account.
Sensible protection devices like home smoke and burglar alarms and auto theft alarms may be
expensive additions but in the long run, they provide safety and
account for lesser insurance
premiums.
A big part of the reason why permanent life insurance is so
expensive is because a portion of your monthly
premiums are directed into the investment
account.
This type of insurance is generally more
expensive than term insurance because it allows the insured to allocate a portion of the
premium dollars to a separate
account comprised of various instruments and investment funds within the insurance company's portfolio, such as stocks, bonds, equity funds, money market funds and bond funds.
Term policies also sometimes give the owner the option to renew the policy without any underwriting after the term expires, though this is much more
expensive on an annual basis than previous
premiums during the coverage period in order to
account for the adverse selection inherent in the pool of people who choose to renew a policy without underwriting.
The advantage of this type of policy is that that it is much less
expensive because the whole policy is paid for at once, allowing the
premium investment to begin accruing interest on the
account immediately.