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Policy Rate Classifications |
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What does your life insurance rate really mean? All those classifications mean-- with titles such as “Super Preferred” and “Standard Plus”-- is how insurance companies categorize your risk of dying. They are better known as life insurance underwriting guidelines and every insurance company has their own criteria in rating you. Here we help you better understand what these classifications mean, how you might be rated and how it translates into how much you will pay for life insurance.
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