Sentences with phrase «higher life insurance premiums»

With term life, the older you are, the higher your life insurance premiums.

Enthusiasts of such activities as sky diving, bungee jumping, scuba diving and extreme sports, the kinds of things you see at the X-Games, can expect higher life insurance premiums, all other variables being equal, than someone who fishes and plays golf in his spare time.

And, naturally, the riskier it is to insure you, the higher your life insurance premiums will be.

Being overweight, based on height to weight ratio, will result in higher life insurance premiums.

Hopefully this isn't you, but if it is, maybe your wages are more than enough to help pay for higher life insurance premiums.

Don't pay high commissions One of the reasons for higher life insurance premiums is that most life insurance policies pay commissions to the agent or broker.

Poor health habits like heavy drinking, smoking, not exercising, overeating, taking drugs, and even working in a high - risk occupation, or taking part in a high risk hobby can mean higher life insurance premiums.

Pilots often are concerned that their avocation or hobby will translate into higher life insurance premiums.

Obviously the more severe your condition, the higher your life insurance premiums will be.

The older you are, the closer you are to your life expectancy — so, the higher your life insurance premiums.

The less you are from perfect health, the higher your life insurance premiums are likely to be because, again, the higher the risk for the insurance company.

The higher the chance that you'll die before your time — either because of a risky health condition or hobby — the higher your life insurance premiums will be.

However, it has the same drawbacks as guaranteed issue life insurance: higher life insurance premiums for relatively low coverage amount.

Certain hazardous hobbies and activities represent a much greater risk of payout to life insurance companies, and when seeking life insurance quotes you may pay for that increased risk through higher life insurance premiums.

Not only is that just plain trashy, and portrays a bad reputation, but it can also get you higher life insurance premiums.

For those that are spending time traveling to dangerous high risk destinations — expect to pay higher life insurance premiums.

Cons: Higher life insurance premiums for low coverage amount.

There may be higher life insurance premiums because your employer is no longer subsidising these premiums

It affects insurability for permanent life insurance purposes or may contribute to higher life insurance premiums.

High life insurance premiums oftentimes become a major financial burden and are no longer affordable.

The more coverage you want, the higher your life insurance premium.

If you happen to have a surplus of traffic fines and, other violations then prepare to pay a higher life insurance premium.

Your favorite activities play a significant role in how high your life insurance premium is.

For example, a racecar driver faces increased risk of death and, as a result, may pay high life insurance premiums or be denied coverage.

Heart disease, including either a personal or family history of heart disease (Kiplinger notes that a history of heart disease typically results in the highest life insurance premiums, even if you have not personally had heart problems.)

Just because you race motorcycles, this does not mean that you have to pay high life insurance premiums.

Not only does the tobacco ruin your health, it also inflicts high life insurance premiums.

So while you will pay a higher life insurance premium as a smoker than a non-smoker will, you'll still pay less for a policy with Banner than just about any other top 10 life insurance companies.

Consider whether the enjoyment you get from high - risk activities such as skydiving is worth the higher life insurance premium rate.

You are more than likely going to have a higher life insurance premium if an offer is provided.

After all, raising a family isn't inexpensive, and a high life insurance premium may not work well with your budget.

But if you have a job that puts you at higher risk of injury or death, you'll likely receive a less favorable rating and get quoted a higher life insurance premium.

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.

Another thing you are paying a higher premium for when you buy a traditional whole life insurance policy is consistency.

Premiums for whole life insurance are consistent, though they can either be paid annually or for a predetermined period of time (such as 20 years), though they'll be significantly higher for that period.

For example, a young, high - income parent may get whole life insurance since they would have lower annual premiums by purchasing early when they're healthy.

Although this clause is not automatically included in most modern life insurance policies, you may have to pay a higher premium if you fall into certain high - risk categories.

Compared to term life insurance, GUL policies have a higher premium because they cover a longer period of time.

Similarly, guaranteed acceptance whole life insurance offers the ability to skip detailed health questions and the medical exam, but premiums will be even higher and the death benefit will be limited (typically less than $ 100,000).

Charges add up while the cost of living constantly rises, from higher bank fees and insurance premiums to rising property taxes and commodity and food prices.

The highest ever new life insurance premium at $ 886 million, alongside total premium revenue of $ 17.9 billion for insurance and annuity products.

Breslin touted an autism law he helped pass mandating insurance companies cover the illness more comprehensively at an earlier age, legislation where higher portions of health insurance premiums pay for actual health care and a life insurance law he said reformed the industry.

Among 186 donors who tried to initiate or change life insurance after donation, 25 percent (46) reported problems: 23 were denied life insurance altogether, 27 were charged a higher premium and 17 were told that donating a kidney was a pre-existing condition.

Higher premiums and lost opportunities are the primary disadvantages of term life insurance with a return of premium rider.

The higher premium amount coupled with the lower initial death benefit amounts are the biggest disadvantage to universal life insurance option B.

(a) The premium for a whole life insurance policy is generally much higher than that of a term life insurance policy.

Anonymous term life insurance quotes for smokers often result in much higher premium rates when compared to non-smokers.

The primary advantage of universal life insurance option B is that cash values grow more quickly over time and the higher level of excess premium contributions allowed by the IRS.

Similarly, Gerber's term life insurance is limited in coverage, and has high premiums compared with other no medical exam policies.

Since the insurer is guaranteed to pay a death benefit to your beneficiaries so long as all premiums are paid, permanent life insurance rates are significantly higher than those for term life insurance.