Sentences with phrase «year level term expires»

Not exact matches

Because all term life policies either expire in say, 10, 15 or 20 years (or otherwise will gradually increase premiums), the greatest PRO when comparing term life is that the there is no expiration of the guarantee period on a guaranteed universal life policy, and the premiums can stay level.

The problem is, after the 20 or 30 year term expires, your premiums are no longer fixed and level.

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.