...he should fail to pay his annual premiums after a specified number of payments have been made. 259. The premium is computed at a certain sum or rate per...age of the insured at the time the policy is issued. The basis on which the rate of life insurance is determined is the expectation of life, or the average...

...insured. • Premiums may be paid annually for life, or in 5, 10, or more installments (called 5-payment, 10-payment policies, etc.), or the entire premium...rather a covenant to pay a stipulated sum at the end of a certain period to the person named if living. Most companies issue a form of policy that combines...

...of an annual premium during life, or a specified term of years, the rate of premium depending upon the age of the insured, at the time the policy is issued. 381. The rates of premium are based upon the Expectation of Life of the persons insured, and the rate...

...Premiums may be paid annually for life, or in 5, 10, or more installments (called 5-paymeut, 10-paymeiit policies, etc.), or the entire premium may be paid...rather a covenant to pay a stipulated sum at the end of a certain period to the person named if living. Most companies issue a form of policy that combines...

...specified. Premiums may be paid annually for life, or in 5, 10, or more installments (called 5.payment, 10-payment policies, etc.), or the entire premium...rate per $1000 insured, the rate varying with the ago of the insured at the time the policy is issued. A policy of endowment is not in all respects an...

...insurance companies provides for periodical payments of a fixed sum as premium; the amount being based on the age of the Insured at the time the policy is Issued, and Is nel¡ ther Increased nor diminished with the ad! vaucing years of the insured. It Is an established...

...insurance companies provides for periodical payments of a fixed sum as premium, the amount being based on the age of the insured at the time the policy is issued, and is neither increased nor diminished with the advancing years of the insured. It is an established...

...which life insurance is issued are quoted at so much for each $1000 of insurance per year and vary with the age of the insured at the time the policy is written. In determining the different rates there are three elements to consider: (a) the amount necessary...

...insurance companies provides for periodical payments of a fixed sum as premium, the amount being based on the age of the insured at the time the policy is issued, and is neither increased nor diminished with the advancing years of the insured. It is an established...

...full premiums. Also, with both individual and group policies, insurers determine premium levels by the age of the insured at the time the policy is issued. States Have Key Responsibility for Regulation Traditionally, states have had the primary responsibility...