Does Term insurance premiums stay level throughout the whole term?
Yes. Term life insurance provides coverage at a fixed rate of payments for a limited period of time. After that period expires, coverage at the previous rate of premiums is no longer guaranteed and the client must either forgo coverage or potentially obtain further coverage with different payments and/or conditions. ChaCha!
Answered
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About Insurance
Insurance is used to protect someone's property/self from harm or damage and, if found necessary, the issuing company will give the person a check to cover the cost of the incident.
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