answersLogoWhite

0


Best Answer

Level Term policies have a level premium for the length of the term (10, 15, 20 or 30 years). After the term ends, premiums increase annually unless the policy is terminated, or converted to a permanent life policy.

Whole Life policies have a level premium throughout the life of the insured.

Universal Life policies premiums can fluctuate.

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Do the rates charged for life insurance remain the same throughtout your life?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

If you are charged with a DUI will travelers insurance company rates go up?

The rates won't go up; they will cancel your insurance instead. Personal knowledge.


Should hemophiliacs be charged higher rates for health and life insurance?

No, they should not be charged higher rates. Why add insult to injury. I feel that's discriminating against someone who can't help that they have the disease.


Does Asda car insurance do credit checks?

ASDA Car insurance will do a credit check when you apply. The information contained in your credit report will impact what rates you will be charged if your application is accepted.


On average is car insurance for women available at lower rates then men?

No, women will not receive lower rates on their car insurance than men. Car accidents happen on a relatively gender neutral level, so both sexes will be charged the same rate.


Is students insurance higher than other insurance?

It does not depend on whether or not the individual is a student, but rather what age they are and their past records. Younger people are usually charged higher rates for insurance as they are often regarded as less responsible.


Can an insurance company charge inflation rates?

Insurance company have premium rates, Not inflation rates.


How long do points affect auto insurance rates Is that length of time from when you got the ticket or Paid the ticket Questions apply to Florida?

The ticket points immediately go on the license and remain there for three years. The insurance rates will not change unless the policy changes or is being renewed.


Will insurance go up from a fifty fifty fault accident?

This will depend on how long you have been with that insurance company. If you have not been with them very long then your rates may increase. If you have been with them a long time your rates might not increase but you may lose a loss-free discount. If you lose the discount your premium will go up but your rates will remain the same.


Does a speeding ticket affect insurance rates?

A speeding ticket of 10mph less will affect your insurance directly. Premiums often go up and remain high for extended periods of time.


Which state in the US has the lowest auto insurance rates?

Maine and Iowa have the lowest auto insurance rates. Washington D.C. has the highest auto insurance rates.


What is enhanced whole life?

Whole life insurance that bases performance on current interest rates being credited and current mortality costs being charged


What companies offer affordable auto insurance rates?

The companies that offer affordable auto insurance rates are Tesco Bank, Asda Auto Insurance, and Direct Line Car Insurance. One can also compare rates of insurance from different car insurance companies, in order to get an affordable rates.