Fixed price life insurance premiums (level life insurance)
We quote and organise your Fixed Price Life Insurance with these insurers
Fixed price Life Insurance premiums do not go up each year
Level premiums offer the best life insurance rates for those who take a long-term approach to risk.
Level Premium Life Cover Quotes – Life Insurance NZ
Let’s compare the two policies.
Life Insurance of $400,000 on a 30 year female non-smoker.
Rate for age: Level to age 80
Monthly Premium: $25 per month $60 per month
What will my premium be
At age 49 $ 65 per month $60 per month
At age 54 $ 107 per month $60 per month
At age 59 $ 183 per month $60 per month
At age 64 $ 373 per month $60 per month
At age 69 $ 747 per month $60 per month
At age 79 $2,332 per month $60 per month
The insurance company will consider your medical history, in some cases they may request that you have a blood test done, and for larger sums insured they may require a medical examination, this is free to you, and is a good thing because it means the insurance company has more information about your health, this makes your policy very robust.