How might your life insurance premiums depend upon when you initially purchase the policy?

2 answers:

7 0

life insurance on which the face value slowly decreases in scheduled steps from the date the policy comes into force to the date the policy expires,

vfiekz [6]2 years ago

3 0

Answer:

The age you are when you purchase life insurance is the biggest factor in how much you will have to pay. The premium amount typically increases about 8% to 10% for every year of age. The older you are, the more expensive you are to insure. When you are in your 40s, your rates increase from 5%-8% and when you are over 50, your rates increase by 9%-12% each year.

Step-by-step explanation:

You might be interested in

Maybe can I have some help?

ivann1987 [24]

It’s -5 slope intercept is whatever point the line crosses the y axis

6 0

2 years ago

Plz help MATH HW explain/answer

Misha Larkins [42]

No because the sum could also be irrational number which for example it could be square root of 9 or 49

Hope this helps answer your question

6 0