Sentences with phrase «same level of coverage until»

Not exact matches

You may be able to get «level» coverage, in other words, you will receive the same benefit until the policy runs out, or you may be able to have «decreasing» cover for the period of the term which will keep your premiums the same.

Level Premiums and Coverage — The annual premium remains the same each year you are covered, and the amount of coverage stays level until the term of your term life policy expLevel Premiums and Coverage — The annual premium remains the same each year you are covered, and the amount of coverage stays level until the term of your term life policy explevel until the term of your term life policy expires.

Graded Premium Life is actually Graded Premium Whole Life Insurance coverage under which the initial premiums are less than normal for the first few years of the policy, then the premiums gradually increase each of the next several years, until they become level (or the same) for the duration of the life insurance policy.