Modified Life Insurance

Definition of "Modified life insurance"

Babette A. Bodie, P.A. real estate agent

Written by

Babette A. Bodie, P.A.elite badge icon

Coldwell Banker Residential Real Estate - Tampa Westshore

Ordinary life insurance under which premiums are calculated so that the first few years of premiums are less than normal, and subsequent premiums are higher than normal.

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