answersLogoWhite

0


Best Answer

A unit of life insurance is $1000. So a $10, 000 policy would cost 10 times the quoted price per unit. At $9.85 per unit your monthly premium would be $98.50 for a $10, 000 policy. Avoid purchasing these television or mail order life insurances. Besides being deceptively expensive there is usually a 2 year waiting period. Alex Trebec should go back to Canada and stop hijacking American senior citizens. By the way, AARP is just as bad about advertising these types of life insurances. Anything for a buck.

User Avatar

Wiki User

10y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What does per unit mean in life insurance?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What does a unit mean in life insurance?

A unit in unit linked insurance policy (ULIP) means a factor by which your financial interest in the policy can be quantified. Each unit has its specified price which flutuaates or fownturns as per market behavior.


Can you have more than 1 life insurance policy?

There is no bar in having more than one life insurance policy. The policies may varie from endowment, whole life or unit linked insurance policy as per your choice and requirement.


Amount of force per unit?

If you mean "per unit area", that is the pressure.


Which is the leading life insurance company in India?

There are many life insurance company in India provide a service for life insurance but as per my experience ICICI Lombard is the best one for getting life insurance in India which provide a good online service for insurance customers.


What are examples of ratios used in real life?

Miles per hour Kilometres per litre Unit price Marks per unit (in exams)


What is apu mean in finance?

Amount per unit


Average price for life insurance per month?

There is no average price for life insurance per month. Life insurance rates vary based on a number of factors, including: You age, gender, amount of coverage, health, family health history, occupation, hobbies, smoker/non-smoker, on medication or not, etc. Each of the above mentioned factors affect your life insurance premiums. However, you can request free life insurance quote comparisons online to find the average price of life insurance for yourself.


What is du per ac mean in residential zoning?

Dwelling Unit per Acer


How much does permanent term life insurance cost?

The cost of life insurance typically depends on the age and health of the insured. It can range anywhere from 350 dollars per year to 1000 dollars per year.


How much does Banner Life Insurance cost per month?

There are many examples of different life insurance rates on the Banner Life Insurance site. There is a couple who can get over a million dollars in coverage for a term plan starting at $55 per month. They have other examples on their site and also an online quote available.


Do women purchase life insurance as much as men?

No. Per statistics, men have more insurance policies than women


How does a life insurance calculator work?

A life insurance calculator works by figuring out how much you should pay per month (sometimes other units of time) for a set amount of insurance money. For example, if you have a $500,000 life insurance quote, they will calculate how much you pay a day for it.