Sentences with phrase «i.e. same premium»

Not exact matches

Whole life insurance is much more expensive than term life insurance — often 4 times as expensive for the same death benefit — because the premiums are going toward: the accumulating cash value, fees and charges (more on this later), and the death benefit (i.e., the life insurance).

Although they will differ from one policy to the next, each policies premiums will remain the same (i.e. fixed) after being set up.

This coverage lasts for a specific period of time (i.e. «term») with the premium cost being the same throughout.

Level Premiums, i.e. premiums guaranteed to stay the same over the entire period of thePremiums, i.e. premiums guaranteed to stay the same over the entire period of thepremiums guaranteed to stay the same over the entire period of the policy.

It would not improve actuarial accuracy (i.e., how well premiums reflect insurance costs for a particular vehicle) to use mileage instead of other rating factors, for example, to charge all motorists the same per - mile insurance fee, but accuracy improves significantly if annual mileage is incorporated in addition to existing rating factors (Ferreira and Minikel 2010).

Whole life insurance is much more expensive than term life insurance — often 4 times as expensive for the same death benefit — because the premiums are going toward: the accumulating cash value, fees and charges (more on this later), and the death benefit (i.e., the life insurance).

Not all insurance companies are going to be willing to offer all the same products for life insurance in your 60s that you may be familiar with, i.e.: 30 year term life insurance policies or return of premium life insurance policies will most likely not be available for someone looking for life insurance at age 69.

Although they will differ from one policy to the next, each policies premiums will remain the same (i.e. fixed) after being set up.

The Basic Sum Assured under the policy shall be reduced to such a sum, called Paid - up Sum Assured and shall bear the same ratio to the Basic Sum Assured as the premiums paid bears to the total number of premiums payable i.e. Basic Sum Assured * (number of premiums paid / number of premiums payable).

Whichever length of plan you choose, the premium will remain the same (i.e. fixed) throughout the term period.