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Premium is the sum of money you pay to your life insurance provider in return for protection.

 In the event that you are unable to pay your premiums, your family will no longer be covered by life insurance. 

That's why it's critical to acquire insurance with affordable premiums.

There are certain factors considered while determining the premium amount.

An individual can choose from the variety of policies including whole life and term
 life insurance.

The higher the amount coverage you have, the more your premium rates will be.

The younger you are, the cheaper your insurance premiums will be.

Health and hobbies of the policyholder is another key factor assessed while calculating the premium.

The termination of the insurance may occur if the individual or business fails to pay the premium.

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What are the factors that affect life insurance premium?

The premium is the regular monetary payment which a subscriber pays to the insurer to keep the policy running. If one fails to pay the premium, the policy stands to get terminated. We decode this for you.

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What are the factors that affect life insurance premium?

The premium is the regular monetary payment which a subscriber pays to the insurer to keep the policy running. If one fails to pay the premium, the policy stands to get terminated. We decode this for you.

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