If you already have life insurance before you move, the rate for your life insurance would remain the same and only increase if the insurance policy states there would be an increase after a certain period of time.
Whole life insurance rates usually stay the same each year, while term life rates may increase after a certain period of time, for example every 5 or 10 years, depending on the type of term life plan.
However, if you buy life insurance after you move to Detroit or New Orleans, the rate may be different depending on the life insurance company and the rates they offer based on the city in which you live.
That's why it makes sense to compare life insurance quotes among several leading insurance companies to find the plan that offers the most affordable coverage.
Whole life insurance rates usually stay the same each year, while term life rates may increase after a certain period of time, for example every 5 or 10 years, depending on the type of term life plan.
However, if you buy life insurance after you move to Detroit or New Orleans, the rate may be different depending on the life insurance company and the rates they offer based on the city in which you live.
That's why it makes sense to compare life insurance quotes among several leading insurance companies to find the plan that offers the most affordable coverage.
RSS Feed
