These policies collect
premium over a certain period that may be the entire tenure of the policy or for a limited period.
Not exact matches
Many insurance companies offer programs that will lower your
premium if you display safe driving habits
over a
certain period of time.
You can even find better prices when you book in advance as once the resorts reach a
certain occupancy level they then put in place «yield management» and the prices begin to increase as the occupancy increases
over the busy peak
periods and they then charge what is called a «rack rate» or
premium rate
Term insurance is generally established with lower initial
premiums that steadily increase
over time and the policy provides coverage for a
certain period of time or until you reach a
certain age.
For the most part, we know that term life insurance is the most popular choice because it allows for coverage
over a
certain period of time with initially smaller
premiums.
As we know life insurance is a type of investment, even low
premiums have the ability to generate comparatively higher returns
over a
certain period of time.
The number of claims you file
over a
certain period of time can put you at risk for non-renewal or higher
premiums.
Internal Revenue Code section 7702 sets limits for how much cash value can be allowed and how much
premium can be paid (both in a given year, and
over certain periods of time) for a given death benefit.
A portion of the money you pay into your
premium goes into a cash value portion that grows
over time and becomes available for your use after a
certain period.
Level term life insurance policies provide a fixed amount of coverage with
premiums that remain the same
over a
certain period of time, usually 5 to 10 year increments.