Rolling target premiums are a feature found in some flexible premium insurance policies, particularly in universal life insurance. This concept refers to the adjustable premiums that a policyholder can pay, which are not fixed but have a target amount set by the insurer based on the policy's anticipated costs and the desired value of the death benefit.
Rolling target premiums are a feature found in some flexible premium insurance policies, particularly in universal life insurance. This concept refers to the adjustable premiums that a policyholder can pay, which are not fixed but have a target amount set by the insurer based on the policy's anticipated costs and the desired value of the death benefit.
The "rolling" aspect means that the target premium can change over time, reflecting factors such as the policy's performance, changes in insurance costs, or adjustments in the policyholder's coverage needs or financial objectives.
The flexibility of rolling target premiums is beneficial for policyholders who may have fluctuating income or who wish to adjust their premium payments over time.
Rolling target premiums are a feature found in some flexible premium insurance policies, particularly in universal life insurance. This concept refers to the adjustable premiums that a policyholder can pay, which are not fixed but have a target amount set by the insurer based on the policy's anticipated costs and the desired value of the death benefit.
Capital For Life ©2023 All Rights Reserved.
