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Protect what you
What is a life insurance premium ?
Short Answer:
A life insurance premium is the amount you pay to keep your policy active—it’s like a subscription to financial peace of mind. Think of it as the “cover charge” for your loved ones’ future security.
Long answer:
Premium Explained:
A life insurance premium is the price you pay to keep your life insurance policy active; it’s kind of like a membership fee, but instead of getting access to a gym or streaming service, you're giving your loved one's financial protection.
Think of it this way: you’re not just paying for “insurance”; you’re paying for peace of mind. And hey, peace of mind doesn’t come free-just ask anyone who’s tried to sleep on a lumpy mattress!
You can usually pay your premium monthly, annually, or sometimes as a one-time payment. The exact amount depends on factors like your age, health, and coverage amount.
