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.
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.
Because of this lifelong coverage,
permanent life insurance rates are typically higher than term rates.
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.
Age is the most important contributor to both term life insurance and
permanent life insurance rates.