Sentences with phrase «higher premiums»

The phrase "higher premiums" means that you have to pay more money on a regular basis for your insurance or any other type of coverage. Full definition
In a case where dividends are not high enough to cover the paid up additions, the policyholder may be faced with paying higher premiums for longer.
By not having insurance you violated the law and insurance companies always charge higher premiums for people who have vehicle code violations on their driving record.
Insurance companies charge higher premium rates for teen and college drivers than other drivers, based on the statistics they follow.
It's always an intelligent option to check for all safety devices installed while buying your car instead of landing in paying high premium rates.
If everybody doesn't participate, somebody is going to be getting free health care which will be paid for with higher premiums paid by people who do have insurance.
If you made a claim during the coverage period, it may result in higher premiums on a new policy period or that condition may be excluded under the new plan.
If you're listed as a smoker on your life insurance application, you can expect to pay much higher premiums on your insurance coverage.
So, instead of paying low premiums when you're young and much higher premiums at an older age, you pay the same premium each year for the entire duration of your coverage.
They bear the claims, but get less of the benefit of higher premiums because of all of the new competition.
Moreover, if insured's are in a habit of taking drugs, consumption of tobacco, or smoking, you are charged at higher premium rates.
While you may have to pay slightly higher premiums because of your deductible, it can save you money in the long run.
Perhaps you are in a more financially stable circumstance and can afford slightly higher premiums in order to bring that deductible down.
FYI, you may be charged higher premiums as if you have a recent history of making a lot of renters insurance claims.
A lower deductible means less financial responsibility for you, but also means higher premium rates.
These policies are approved instantly and your grandmother's signature may not have been required, however, these policies come with very high premium costs.
Even if these breeds are not banned, some insurance companies charge higher premiums if you have one on the premises.
Because they are older and not in great health, they end up with very high premium amounts for a term or whole policy that goes through the underwriting process.
After the policy expires, they can be renewed, which results in higher premium payments.
Hence, most insurance companies place very high premiums on that particular age group.
But be prepared to pay much higher premiums per $ 1,000 of coverage because you are now funding a cash value account and paying fees and expenses.
They place high premium on winning, results and success and not on how much they earn.
Once the term of your current term life policy expires, you could face much higher premiums based on your age.
If this happens to you, you could have some difficulty finding an insurance company to cover you and your family, or you could face high premium rates for life insurance.
All these benefits come at a small price of paying higher premiums compared to the conventional life insurance plans.
Term life insurance is best for those who can't afford high premiums.
Guaranteed Issue Under ACA, no one can be denied coverage or charged significantly higher premiums because of past health history (pre-existing conditions) or gender.
That additional risk is going to translate into higher premiums from the insurance company.
This would mean higher premiums since insurance quotes are tied to your age.
Unlike term, permanent insurance generally includes an investment component along with the insurance policy, and carries higher premiums as a result.
Therefore, national automobile insurance companies typically offer higher premium amounts for younger drivers.
This key feature is very appealing to those who were denied coverage from a traditional policy or received very high premiums due to pre-existing condition.
But you'll pay an even higher premium in the long run.
Depending on the credited interest, there may not be enough cash value to keep the policy in force, thus requiring higher premium payments from the policyholder.
Do not allow yourself to be surprised by high premium prices.
If a sizeable time is needed to get from point A to B, then expect high premium rates.
By smoking you are claimed as a higher risk to insure by insurance companies, so you will get higher premiums as a result to pay for your added risk.
Compared to female drivers their age they are given higher premium quotes because female drivers are believed to be less aggressive than male drivers.
If your teen avoids any accidents or traffic violations, you may avoid high premiums associated with those situations.
Limited payment insurance means that you pay much higher premiums over a shorter period of time so that you don't have to pay any premiums when you are older.
How poorly your vehicle performs on these informative tests is also an indicator of how high your premiums for the vehicle will be.
Once I know it cost a little more but their are some pet owners who are willing to pay a little higher premium to have a wellness plan.
Term life insurance for smokers is going to carry a much higher premium which will make a big decision on what you could afford when you are looking for affordable life insurance.
Those who are below 25 years of age belong to the high - risk category and are bound to see higher premium rates.
Part of the blame should be given to rotten egg life insurance agents who put clients into garbage policies in order to make high premiums.
Depending on your health and age, you may find that higher premiums without the assurance of a return aren't worth the investment.
The uninsured who choose not to get insurance is a small group and if anything happens to them, you will pay through higher premiums.
Normally, consumers may have to get a tailored policy for replacement parts, etc or pay an extremely high premium.
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