Sentences with phrase «require higher insurance premiums»

Some vehicles are much more expensive to repair or replace than others, and will require higher insurance premiums.

vehicles which may typically have a higher expected service and repair expense will generally require higher insurance premiums as well.

Not exact matches

Second, even the small amount in the «cookie jar» would not exist if the Finance Department had not continued to use higher - than - required employment insurance premiums to help generate the budgetary surpluses in 2015 - 16 and 2016 - 17.

It's more likely that you can avoid mortgage insurance premiums (MIPs) with conventional loans than with government insured loans, largely because conventional loans require higher down payments.

One potential approach would require individuals to maintain health insurance or face some kind of financial penalty when they next seek coverage, although insurers still could be blocked from charging higher premiums based on health status.

These costs may include a land transfer tax (an escalating levy that rises to 2 % of the purchase price), a bank appraisal fee ($ 300), legal fees (roughly $ 1,200), as well as a high - ratio mortgage insurance premium, which is required if you make a down payment of less than 20 %.

To insure their belongings and any damage they cause, and to protect you from higher premiums and liability, you should require your tenants to take out their own renters insurance policy upon signing the lease.

Colonial Penn's term and whole life insurance products don't require a medical exam and have a maximum death benefit of $ 50,000, meaning you'll typically pay higher premiums and won't be able to purchase a greater amount of coverage should your financial needs change.

But despite the similar interest rates, FHA loans often end up costing borrowers more in the end because they require a smaller down payment and have high insurance premiums, which borrowers must pay as part of the FHA process to protect the lender from a loss in the event of borrower default.

Most life insurance policies do require the applicant to undergo a physical exam, to determine how much of risk they may be to the insurance company, though there is the option of looking into a no medical exam life insurance policy, at a high premium rate.

HUD did announce a new loan program that required a more significant down - payment and higher insurance premium for borrowers with credit scores as low as 580.

That will require the life insurance company to charge a higher premium to adjust for that risk.

FHA mortgage rates are often lower than conventional mortgage rates, but because all FHA loans require mortgage insurance premiums (MIP), the overall cost of an FHA loan is sometimes higher.

While all insurance programs require a certain amount of cost - spreading across the spectrum of program participants, demanding higher premiums from very high - risk insureds is necessary in the interests of fairness.

The Massachusetts Safe Driver Insurance Plan (SDIP) is a program that aims to decrease traffic accidents by requiring unsafe drivers to pay higher insurance premiums and offering discounts to safeInsurance Plan (SDIP) is a program that aims to decrease traffic accidents by requiring unsafe drivers to pay higher insurance premiums and offering discounts to safeinsurance premiums and offering discounts to safe drivers.

On the other hand, other insurance companies will require higher premiums and put you into a graded plan.

When you apply for life insurance, the insurance company is going to require that you take a medical exam, unless you have chosen to purchase a no medical exam plan, due to severe health issues, which will come at a higher premium rate.

Below is a list of the highest rated 2004 cars and trucks (with an MSRP of under $ 50,000) that require the highest auto insurance premiums.

After you complete the initial paperwork for the life insurance plan, the company is going to require that you take a medical exam before they accept your coverage, unless you have chosen to purchase a no medical exam required policy, which will result in higher premium rates.

For example, life insurance companies may require higher premiums or deny coverage altogether to people who work in hazardous occupations or engage in dangerous sports.

If, for example, the insurer would have given you insurance cover had it known about your recent claims history, but would have charged a higher premium, then the insurer can not reject on the basis of the non-disclosure (although it can still require you to pay a higher premium).

You may have heard or read that you can insure only a portion of your total trip costs, or even enter a trip cost of $ 0 and gain access to all the travel insurance protections: medical, dental, evacuation, etc., without having to pay the higher premium required to cover trip cancellations.

The Bank's mortgage insurance penalizes you for shopping with higher premiums and requires that you are still insurable.

On the other hand, if you have a chronic condition that requires a lot of doctor visits, or if you know you're planning on getting pregnant or getting a surgery, a high premium plan might not be ideal, but if it means you hit your deductible sooner and your insurance starts covering costs sooner, it could be better for your budget.

Remember buying a term insurance at this late age will require high premium.

Regardless if you choose a term or whole life insurance policy, the company is going to require that you take a medical exam before they approve your application, unless of course you have chosen to purchase a no medical exam policy, which will come at a higher premium rate.

Before the insurance company approves your application, they are going to require that you take a medical exam, unless you opt to purchase a no medical exam life insurance policy which will come with a higher premium rate, and the results of that test are going to play a major role in how much you pay every month.

Most life insurance policies do require the applicant to undergo a physical exam, to determine how much of risk they may be to the insurance company, though there is the option of looking into a no medical exam life insurance policy, at a high premium rate.

Before you're approved for coverage, the company is going to require that you take a medical exam, unless you have chosen to purchase a no medical exam life insurance policy, which will come with a higher premium.

So, if you are in good health but choose to purchase term life insurance that does not require a medical exam, you may end up paying a higher premium than necessary.

Meaning, even if you paid all of your premiums Because of the high face value of a million dollar life insurance policy, insurers may require you to have lab work done and may even require an ECG.

This plan will require a higher amount of premium than a regular term life insurance policy.

If you feel your health will not allow you to qualify for a traditional life insurance policy, there is the option to look into a no physical exam required life insurance policy or life insurance for high risk people, which will come with a higher premium.

Because whole life policies are guaranteed to remain in force as long as the required premiums are paid, the premiums are typically much higher than those of term life insurance where the premium is fixed only for a limited term.

The premiums are higher than for life insurance policies that are fully underwritten, requiring a medical exam.

Although they may require you to pay higher premiums, life insurance riders provide additional policy benefits.

Before the insurance company accepts your application, they are going to require that you take a medical exam, unless you have chosen to go with a no medical exam required policy, which will come with higher premium rates.

A quicker issue no medical term policy can be issued quickly vs a higher premium paramed required term life insurance policy.

Before the insurance company gives you life insurance, they are going to require you take a medical exam unless you have chosen to purchase a no medical exam life insurance policy, which will come with a higher premium rate.

Expensive Premiums: Because AARP's life insurance products don't require a medical exam, you automatically pay a much higher premium.

Life insurance companies are thus required to demand higher policy premiums from smokers and other tobacco users.

A higher coverage amount will require your insurance company to pay extra so they demand more premium amount from you.

Some policies require you to undergo a medical exam, while you may choose the option of enrolling in a no medical exam life insurance policy, with a higher premium.

If you're buying a life insurance policy on your spouse or a business partner, the insurance company is going to require that the other person take a medical exam unless you have chosen to purchase a no exam life insurance plan, which will come with a higher premium rate.

After you complete the initial paperwork for the insurance policy, the company is going to require that you take a medical exam before approving you for the insurance policy, unless you choose to purchase a no medical exam life insurance policy, that will come with a higher premium rate.

Most life insurance policies require the applicant to undergo a medical exam, though there are options that can be looked into that are life insurance policies that do not require a physical exam, though these will come with a higher premium.

The premiums for the insurance with this feature are often significantly higher than for policies without it, and they generally require that you keep the policy in force to its term or else you forfeit the return of premium benefit.

Additionally, most guaranteed life insurance policies are going to be priced at a higher premium than you would find with other more traditional types of life insurance which require the applicant to be able to qualify based on their health.

Take a term insurance instead of a whole or variable life, which require higher premiums and commissions.

Whereas if an applicant is a 60 - year - old skydiving instructor, then that applicant carries a much higher risk of dying and the life insurance company is going to require that they pay more in premiums than the 30 - year - old pre-school teacher.