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what is a unit of life insurence

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how much is a unit of life insurence
asked Dec 20, 2013 in Life Insurance by anonymous
   

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Even if a life insurance company has cheap prices, you might have to purchase dozens of "units"--the basic blocks of coverage used the industry--to fully protect your family. Instead of selling random amounts of coverage, such as $5,334 or $4,335, it is more convenient for a company to have a standard block of coverage, such as $2,000. Read more: http://www.ehow.com/about_7493079_unit-life-insurance.html#ixzz2nyagp7Ww

answered Dec 20, 2013 by lsmith Inquisitive Expert (82,840 points)

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