This is a very important question. You don't want to buy coverage and find out your premiums will increase quite a bit only a few years into your coverage.
Guaranteed life insurance premiums are premiums you pay for your policy that are guaranteed to remain the same amount for a specific timeframe.
With permanent life insurance your premiums may be guaranteed to remain the same for your entire lifetime.
With term insurance your premiums may be guaranteed to remain the same (level) for the duration of your policy term, which may be 10, 15, 20, 25 or 30 years.
Guaranteed level premiums allow you to budget your money knowing the cost of your life insurance will remain the same for a certain period of time.
Learn more about level premium life insurance coverage.