What Is A Unit In Life Insurance?
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63333 POINTSview profilePeggy MaceMost of the U.S.A unit in life insurance is generally $1,000. Polices are usually priced per unit of insurance, whether for the policy itself, or in adding a rider to a life insurance policy. E.g. A $100,000 policy that costs $10 per unit of life insurance would cost $1,000 per year.Answered on November 9, 2013flag this answer
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