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Are CoverMe Term Life premiums guaranteed and fixed?

April 26, 2017coverme fixed guaranteed life premiums term

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Are CoverMe Term Life premiums guaranteed and fixed?

1 Answer

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Premiums are set and guaranteed for 10 years when your policy is initially issued. Renewal premiums are not guaranteed, which means that they will increase at each 10-year renewal, but once your renewal premiums are set, they will remain the same for the next 10-year term.