May 15
New AccuQuote Podcast
May 15, 2009
Term Life Insurance Rates Increase
Description:
For years, we’ve been hearing that term life insurance rates have been decreasing. In fact, they are currently the lowest they’ve been in history. But is all that changing? If so, why? Byron Udell, a life insurance and annuity industry expert, discusses the latest term life insurance rate war.
Size: 2.72 MB
Length: 2:58
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May 15th, 2009 at 2:52 pm
I have read about the increases coming in term life insurance rates over the past couple of weeks.
After several years of declining rates for term insurance, now there is a reversal of rates.
The increase seems to be a result of poor investment returns for some life insurers, as well as, a need to increase capital to support potential claims.
Either way, that means now is the time to lock-in the lowest rates for your term life insurance policy considering rates increase with age.