Premiums for graded benefit life insurance policies are generally higher than those for
standard life insurance policies since the policyholder presents greater risk of a death claim to the insurance company.
Not exact matches
It started offering
life insurance policies in the 1920s, and
since then it has grown into highly respected national
insurance provider with A + (Superior) ratings from
insurance ratings services Moody's,
Standard & Poor's and A.M. Best.
Since life insurance rates are largely determined by the health of the applicant, this results in higher premiums, but it can be worthwhile if poor health would raise the premiums of a
standard term
life insurance policy even more.
Since standard life insurance that includes a medical exam is considerably lower in cost, all efforts at getting that type of
policy should be exhausted before going to the graded benefit.
Premiums charged are higher than a Term or
standard Whole
Life policy, since you're combining life insurance with an investm
Life policy,
since you're combining
life insurance with an investm
life insurance with an investment.
Since funeral
insurance is more restrictive and has lower benefit levels that
standard life insurance policies, the status of your health do not have a significant impact.