Premiums
Premiums are determined at time of application and are based on your attained age at your last birthday. They are level and are guaranteed not to increase.
Premiums are payable to age 65 or a period of 20 years, whichever is longer. After the premium payment period, your policy can be kept for the remainder of your lifetime without further payment.
If a joint policy is purchased, age 65 is determined by a calculation based on a combination of the insured lives' genders and ages. Your CBIA Authorized Representative can provide you with this figure.