Graded Premium, Whole Life Insurance

Definition of "Graded premium, whole life insurance"

K.Coty Garner-Nwanegbo real estate agent
K.Coty Garner-Nwanegbo, Real Estate Agent Xcellence Realty

Coverage under which initial premiums are less than normal for the first few years, then gradually increase for the next several years until they become level for the duration of the policy.

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