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life insurance rating

What Does a Rated Life Insurance Policy Mean?

By Byron Udell | December 20, 2006

What’s a Rated Life Insurance Policy? Read on and find out. A rated life insurance policy is a policy is also often referred to as a substandard policy. A person with less than average health or who has a high-risk occupation may receive a rated or substandard policy. This would result in a higher premium…

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