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Insurers Raise a Premiums on Term Life

If you’ve been in a robe of selling around for a new term-life word process each few years, we might wish to recur that strategy: After years of descending premiums, many insurers are lifting prices on tenure policies.

Premium increases averaging about 5% to 15% started in Jan and are unconditional by a industry. One reason is that aloft collateral and reinsurance costs for word companies related to tighter credit markets are creation it some-more costly for insurers to say indispensable money reserves. Another is…

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