A premium is an additional charge added to a person's life insurance. The client pays the insurance company so that there is an increase in the risk of her policia. Life insurance is a method to guarantee security against anything that may happen to you, you are thinking about the future. But, oddly enough, life insurances The most common ones do not cover all the risks you may suffer.
For example, these insurances exclude workers who risk their lives, such as firefighters, policemen, pilots, workers who handle flammable or toxic utensils, etc. They also do not cover people who practice or are engaged in extreme sports, such as boxing, bungee jumping, mountaineering, horse riding, motorcycling, and many others.
When this type of situation exists is when the insurer offers you the extra premium. All in the event that the risks are very aggravated. Apart from the risk professions and sports, the illnesses that the client may have suffered are also taken into account. In any case, it is convenient that before contracting life insurance, or any other insurance, the clauses are read to see what is included and what is not. By doing so, you will already be able to make a decision about the premium.
But be careful, not all insurers offer you this extra premium. Some will refuse, and they will not provide you with an offer. The fundamental thing in this type of situation is that you know what is important for your personal point of view. After having analyzed that situation, this is when you will have to consider whether your insurance covers all these needs that you want. And if not, the only option you have is to talk to the corresponding insurer and have them offer you an extra premium on your life insurance.
What does life insurance cover?