LIFE INSURANCE
Mar 13, 2020
3 minutes
BY LETITIA WATSON
ARE you aware that when you sign up for a life insurance policy, you have a choice between fixed monthly premiums or escalating monthly premiums?
Not many people know this, so most choose the automatically escalating premium because in the beginning it’s more affordable.
Fixed premiums, on the other hand, are initially more expensive but they never go up – so you won’t be in for any nasty surprises down the line.
It’s important to know what you’re going to pay.
HOW ARE
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