Sentences with phrase «premium plans tend»

However, it is important to note that return - of - premium plans tend to have higher premiums as compared to the traditional term plans for the same sum assured and policy term.

Not exact matches

Although people with children and / or pre-existing medical conditions tend not to prefer these plans, they are popular with young adults who assume they're invincible and are attracted to the idea of no or very low monthly premiums.

«If you are young, you will tend to be healthier, and in that case would probably have lower premiums than somebody who, say, is planning for a retiree product,» she said.

Plans with an aggregate deductible tend to have lower premiums than those with embedded deductibles.

Typically, plans with a low monthly premium tend to have higher deductibles, copayments, and coinsurance percentages.

Conversely, insurance plans with higher deductibles tend to have lower monthly premiums, but you will be responsible for more medical bills initially.

These tend to be cheaper than health insurance premiums, though their benefits, while similar to those offered by health insurance plans, are often not as robust.

Silver plans, the most popular form of coverage, tend to fall somewhere in the middle in terms of premiums, copays and deductibles.

Premiums tend to be lower for short - term policies than for major medical comprehensive coverage, but there are reasons these plans cost less than comprehensive coverage.

Since the plan does offer a broad range of coverage for the more expensive treatments, premiums tend to be a bit higher than average.

These plans tend to have the lowest premiums.

Gold plan premiums tend to be more expensive than lower value plans because gold plans pay more toward your health care bills than silver or bronze plans do.

Since short - term plans have been able to continue to offer coverage only to healthy individuals with tight restrictions on the benefits, and because the plans have limited durations, the premiums tend to be drastically lower than full - price premiums in the ACA - compliant market (both on and off - exchange, as individual major medical plans are required to follow the same rules outside the exchange that they follow inside the exchange).

These plans build cash value as you pay monthly premiums, which means that whole life plans tend to be more expensive than term policies.

According to Connecticut's Insurance Department, premiums for high risk drivers obtained through the Plan tend to be higher than average.

As the cost of premiums tends to increase with age, getting a term insurance plan as soon as possible is always suggested.

Bronze and silver plans are also more reasonable in terms of monthly premiums, while gold and platinum plans tend to be higher as they offer more coverage.

I've actually suggested this blend of RIA - plus - insurance can be a particularly effective business model when working with younger clientele, who tend to need a unique combination of ongoing planning advice, plus insurance needs (e.g., term life insurance as clients start family, disability insurance, and even assistance getting health insurance through the exchanges and planning around the premium assistance tax credit).

For example, one easy way to save on your premium is to pay the plan in full every time it is up for renewal, which tends to be every six months.

Go for a family floater plan: The premium of a family floater tends to be lower than that of an individual mediclaim plan while providing health coverage to your entire family.

And while Apple is planning a push into premium original video, that's not quite a zero - sum business like live game streaming, where creators tend to stick with one platform and bring their viewers with them.