Tuesday, October 16, 2007

 

Buying Life Insurance is a Calculated Risk

Living longer is a good thing. And the insurance industry has taken note of Americans' longer life expectancies by steadily lowering the premiums for term life policies in the last decade.

According to the Insurance Information Institute, a trade group, premiums for term insurance now are less than half what they were in the mid-1990s. Steven Weisbart, the group's chief economist, said he expects rates to drop about 1 percent next year.

Buying Life Insurance is a Calculated Risk
Source: Insurance News Net

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