Level Premiums

Level premiums are where the premium costs remain the same throughout the lifetime of the policy. This tends to be more expensive at the beginning of the term, but progressively becomes more affordable. There will be increases over time, but this will only apply to the base premiums. Another option available aside from this is called stepped premiums.

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Any information or advice contained on this website is general in nature and has been prepared without taking into account your objectives, financial situation or needs.