Not exact matches
The United States Government Life
Insurance program was approved by Congress in 1917 and provided an alternative to commercial insurance which either did not pay out in deaths caused by war or charged extremely high premiums for the
Insurance program was approved by Congress in 1917 and provided an alternative to commercial
insurance which either did not pay out in deaths caused by war or charged extremely high premiums for the
insurance which either did not pay out in deaths caused by war or charged
extremely high premiums for the coverage.
Others find
high insurance premiums make it
extremely difficult to make ends meet.
A) Both policyowners would need to pay
extremely high premiums to make up for the money the life
insurance company would lose in death benefit payouts, or B) the life
insurance company would go bankrupt with both policyowners paying such low
premiums and then no families would receive death benefits.
If the event is very likely to happen, you'll either find no
insurance or the
premiums will be
extremely high.
The biggest problems found with credit card payment protection is that the
premiums for the
insurance are
extremely high for the balance that it is covering and there are so many exclusions and disqualifying actions that very few people qualify for the assistance when it is needed.
Note that this is an
extremely high risk strategy since the future is unpredictable and in 10 years, you may be rated (pay a
higher premium) for a medical condition or even worse, may not qualify for life
insurance altogether.
If you have had a DUI, your
premium will be
extremely high and some
insurance companies won't insure you at all.
The cost of
insurance in later years can be
extremely high relative to earlier years and those costs can jump at percentages much
higher than any historical returns in stock market indexes, so building cash value is imperative in order to avoid
higher premiums.
Making
insurance work for you * Term plans are
extremely beneficial because at a low
premium, a person may get very
high returns on the plan.
Butler (2000) argues that current
insurance pricing results in
extremely high premiums in lower - income areas (since a greater portion of low - mileage motorists drive uninsured which reduces funds to cross-subsidize
higher - mileage motorists), a problem that can be corrected by PAYD pricing.
This is
extremely advantageous for truck drivers who often paid much
higher insurance premiums and could experience trouble at work for a personal violation.
A) Both policyowners would need to pay
extremely high premiums to make up for the money the life
insurance company would lose in death benefit payouts, or B) the life
insurance company would go bankrupt with both policyowners paying such low
premiums and then no families would receive death benefits.
It is
extremely important to make full and true disclosures while making a term
insurance plan application, even if this leads to a
higher premium and even if the policy term is short.
No matter the reason, these courses are a great way to get a ticket removed or reduced, get points taken off your license, and can also be used to get a discount on your
insurance — something that's
extremely handy if your
premiums are
high.
But what makes term life
insurance a viable option is that it's flexible and
extremely affordable compared to permanent life policies that come with
high - priced
premiums.