Sentences with phrase «rate over the course of the policy»

Decreasing term life insurance, also known as mortgage insurance, has a constant premium amount but the death benefit declines at a set rate over the course of the policy.

Not exact matches

«As the downside risks to the inflation outlook dissolve, the Bank of Canada is likely to re-establish a tightening policy bias over the course of this year - we expect the first hike to the overnight rate in the second quarter of 2015,» said Wright.

A rising rate on the 10 - year partly reflects the desire to make progress on monetary policy normalization, which has been impeded by a series of unrelated surprises over the course of the year.

This of course hasn't gone unnoticed by John Taylor, who has written a number of papers over the last year showing empirically that the Federal Reserve's interest rate policy during this period was an important catalyst of the housing bubble and therefore influential in the current problems the economy is experiencing.

The last time the Fed raised short - term policy rates was 2004 — 2006, during the housing boom, when over the course of about two years it raised their target 300 BP.

Since life insurance rates are based on the age and health of the individual when the policy is purchased, the sooner an individual buys protection, the cheaper the rates he / she will pay over the course of their lifetime.

The policy includes a guaranteed interest rate of 3 % over the course of the policy and the riders are the same as with whole life with these additions;

Life insurance companies set life insurance rates by looking at how risky you are to insure — how likely you are to die over the course of your policy.

Kristofer R. Kirchen, president of Advanced Insurance Managers, warns, «This may up your rates by a few hundred dollars a year, which over the course of a 30 - year term policy can really add up.»

The premiums do not change over the course of the policy, and you do not have to renew or change policies at the end of any terms as is the case with term life insurance, which offers a fixed rate only as long as the policy's term, which can be a few as ten years.

By having access to the underwriting guidelines that the life insurance companies use to determine your final rates, we were able to save George and his family $ 6,986.40 over the course of his 20 year policy.

Established recruitment selection and training policies that saw a client - retention rate increase of 27 % over the course of employment.