Skip to main content
Insurance

Graded Premium Policy

This particular type of whole life policy caters to individuals seeking a higher level of life coverage but are unable to afford it at the moment. It involves paying a lower premium rate that gradually increases within the initial three to five years before stabilizing for the remainder of the policy's duration.

Related terms

Post-loss activities

Understand the meaning and definition of Post-loss activities in the context of stock market, trading, and investments.

MORE
Total disability

Understand the meaning and definition of Total disability in the context of stock market, trading, and investments.

MORE
Reciprocal

Understand the meaning and definition of Reciprocal in the context of stock market, trading, and investments.

MORE
Accelerated death benefit

Understand the meaning and definition of Accelerated death benefit in the context of stock market, trading, and investments.

MORE
Age Limits

Understand the meaning and definition of Age Limits in the context of stock market, trading, and investments.

MORE

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.5 Cr+ happy customers
+91