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When the coverage doubles on the policy anniversary after age 21, will the premium double too?

April 26, 2017age Anniversary coverage double doubles policy Premium

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When the coverage doubles on the policy anniversary after age 21, will the premium double too?

1 Answer

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A. No! The premium is guaranteed to stay the same for your child’s lifetime. So, the cost-per-$1,000 of insurance actually goes down when the coverage doubles to $10,000!