Modified Life Insurance | Insurance Glossary Definition

Home » What Is Modified Whole Life Insurance » Modified Life Insurance | Insurance Glossary Definition

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Home Term Insurance Definitions modified life insurance On This Page modified life insurance

Modified life insurance refers to an ordinary life insurance policy with premiums adjusted so that, during the first 3 to 5 years, the premiums are lower than a standard policy, and, in subsequent years, the premiums are higher than a standard policy.

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  • Category Focus
    • Claims, Case Law, Legal
    • Commercial Auto
    • Commercial Liability
    • Commercial Property
    • COVID-19
    • MultiLine
    • Personal Lines and Small Business
    • Risk Financing and Captives
    • Risk Management
    • Specialty Lines
    • Workers Compensation
    • White Papers
    • Free Articles
    • Videos
  • Industry Focus
    • Agribusiness Industry
    • Construction Industry
    • Energy Industry
    • Transportation Industry
    • Insurance Industry
  • Conferences
    • Agribusiness Conference
    • Construction Risk Conference
    • Energy Risk and Insurance Conference
    • Transportation Risk Conference
    • Sessions On Demand
  • Insurance Education
    • Certifications
    • Agribusiness and Farm Insurance Specialist
    • Construction Risk and Insurance Specialist
    • Energy Risk and Insurance Specialist
    • Management Liability Insurance Specialist
    • Manufacturing Risk and Insurance Specialist
    • Transportation Risk and Insurance Professional
    • Continuing Education
    • Insurance Industry Training
    • IRMI Webinars
  • Subscribe
    • Plans and Pricing
    • Catalog
    • Request a Demo
    • IRMI Tutorials
    • Product Updates
    • Enterprise Subscriptions
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    • Podcast
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  • About IRMI
    • Our Mission
    • Our Story
    • Our Team
    • Our Brands
    • Press Releases
    • Careers
    • Contact Us
    • Advertise
  • Glossary
    • Terms
    • Acronyms
  • Membership
    • IRMI Webinars
    • Newsletters
    • White Papers
    • Join for Free

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