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.
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.