Sentences with phrase «rise over the lifetime of the policy»

While insurance costs can drop slightly year to year based on the mortality rate statistical changes or a health ratings change, costs will rise over the lifetime of the policy.

Not exact matches

However, for long term estate tax planning for liquidity, a guaranteed universal life policy should be considered as minimum protection due to the rising cost of term insurance over a lifetime.

The first is that the actual cost of insurance, also known as the insurance charge deduction, rises every year over the lifetime of the policy.