You might be able to save money with Save Age! Check out Byron explain how this cool feature works and how it might just save YOU!
Visit our blog and learn more about how much life insurance you need and the kind of coverage that fits your life. If your thirst for knowledge extends past the common questions, peruse our blog at your leisure.
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Get the gist of the video here!
For purposes of pricing their policies, term life insurance companies use one of two methods for calculating an Insured’s age. “Actual Age” is the terminology used by most laypersons to describe their own age — e.g. they are 36 until the day of their 37th birthday, at which time they are 37. “Attained Age” or “Age Nearest” is terminology used by the majority of life insurance companies in North America. These two terms mean the age you’re closer to. Once you are past your half birthday, they consider you to be the age you will be on your next birthday.