Tuesday, March 7, 2023
HomeLife InsuranceU.S. Life Utility Exercise for Youthful Customers Rises

U.S. Life Utility Exercise for Youthful Customers Rises


Within the index report tables, the dealer posts common month-to-month premium costs for purchasers who purchase 20-year, level-premium time period life protection.

Probably the most inexpensive protection within the tables is for a 25-year-old feminine nonsmoker who wants $250,000 in dying advantages, and the costliest protection is for a 55-year-old male smoker who wants $1 million in dying advantages.

This month, the price for the 25-year-old feminine nonsmoker looking for $250,000 in protection elevated 1% from the typical for March 2022, to $14.40.

The price of protection for the 55-year-old male smoker looking for $1 million in protection, fell 1.3%, to $1,006.92, from $1,019.92.

(Picture: tadamichi/Adobe Inventory)

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