Adjustable Premium

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Adjustable Premium

A premium on an insurance policy that the insurer may alter. The premium may go either down or up, at least to a certain, stated limit. The premium may be adjusted depending on a change to the policyholder's life expectancy, the returns on the investments made with the premiums, and other factors.
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The policy provides all the flexibility of universal life, including adjustable premiums and death benefits.

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